DCACPreferred Share Dividend is just around the corner!
DCAC
Removing Debt from the balance sheet! CEO Arthur D. Viola states, "We are removing the compounding convertible debt off our balance sheet because it is a derivative liability that would have hampered DCAC's future growth prospects. We knew that signing off on these issuance resolutions might create fluctuation in shareholder value, but it was a necessary step forward, in order to attract new equity to our balance sheet, and start meeting the objectives of our New Agenda. We have thus come up with a solution to protect our stockholders from the losses they incurred in the open market."
Payment to shareholders coming! DCAC will issue one (1) Restricted Anti-Dilutive Convertible Preferred Share of the Company for every 100,000 shares held as of Record Date April 15th, 2016, to stockholders who are on the NOBO list.
Possible uplisting! "The Company is also negotiating to acquire several profitable enterprises as wholly owned subsidiaries, for Convertible Preferred Stock to meet the $4,000,000 shareholder equity threshold to qualify for a listing on a NYSE MKT," adds Viola. "Much more information will be forthcoming on these companies as DCAC moves to closure on each of these agreements."