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Power of Emouna

04/09/18 9:18 AM

#26677 RE: MrMuney #26676

The down payment and initial working capital amounts for the acquisition transactions for the subsidiaries will be provided by Arthur D. Viola, Chairman & CEO of Daniels ("DCAC"). The discounted amount of his back Salary/Compensation (now at $685,000) has been converted to an aged Convertible Preferred with the same features and rights that a normal Hedge Fund Convertible Note encompasses. Allowing for the customary discount to market on the sales of these shares. a significant amount of 'longer term" capital, estimated at $1,370,000 can be raised.

Penny chatter

04/09/18 9:33 AM

#26678 RE: MrMuney #26676

Still on the fence here hopefully we get some news.