Daniels Corporate Advisory Co Inc (DCAC)

[tutankhamuns]

Yes, the split was effectuated in September after a ratio reduction from 1:1000 to 1:200. As stated in yesterday’s PR, Payless is trending towards $5.2+ million in annual sales revenue. Management is finalizing debt financing to commence the company’s expansion plan.

Some known catalysts include Daimler Mercedes Benz financing (in addition to the asset-based financing that Viola is seeking) and a manufacturing/cross-marketing deal for a patented APU system created by the operational principal of Payless.

There has been little to no dilution since the R/S. The last increase occurred in October. 25.5M+ O/S. Expecting an S-1 to spin-off the equity in Payless at some point where DCAC shareholders of record will receive a dividend.

$DCAC