Daniels Corporate Advisory Co Inc (DCAC)

[tutankhamuns]

In theory, you’re absolutely correct. I’ve actually pondered this many times. But at the same time, we also need to consider the current state of the company.

Why would Viola spend time, effort and resources to actually build out Payless Truckers if the company’s convertible debt is going to prevent any future growth potential? Wouldn’t he be better off just exploiting hype and flooding the market with vague PRs? It’s a lot cheaper than what he’s currently doing.

The only other alternative is that the debt holders are willing to cooperate when the time comes to establish DCAC as an enterprise worthy of uplisting to a major stock exchange. The cash flow projections are enough to pay off the current debt load in the event that Payless is able to secure non-toxic financing to cover its working capital deficit. That would also enable note holders to maintain a consistent income source via the truck trust—monthly interest payments at 20% APR (Yes, that’s high but it’s better than dilution...). AND they would still be able to take an equity position in the company.

That’s the risk versus reward here. IMO

Is there a reason why the note holders would spitefully want to ruin DCAC in light of these new developments? I don’t think there is.

This is why it will be impossible to move off 1's here.

$DCAC