Replies to post #9754 on Daniels Corporate Advisory Co Inc (DCAC)

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You need to clarify. It's actually a one-for-one dividend.


Your100,000 shares of common stock convert to one preferred share. After 6 months those preferred can then be sold into the market after they are converted back to Common, which is automatic.

The dividend Is a ONE for ONE dividend..

If you hold all of your shares and 6 months later you get your dividend you now have twice as many shares