Daniels Corporate Advisory Co Inc (DCAC)

[tutankhamuns]

So why did Viola choose to reduce the split ratio to 1:200 then? They would be able to dilute a lot more starting from $.10, no?

Many existing note agreements were amended in the past, as stated in the filings. Wouldn’t Viola renegotiate the terms of the notes once conventional financing is secured? How exactly does it benefit Payless to allow note holders to destroy the PPS and the share structure after the potential R/S?

If DCAC were still an empty shell, I would agree. But it’s not. And that changes the outlook.

$DCAC