The entire, current market cap of the company is $400,000. If a large investor owns 5% of the float, his stock has a current market value range of between $20,000 and $40,000 If the shareholder remains a holder of record in DCAC, he will be included in the spin-off of Payless Truckers, Inc. and given a multiple of his investment. In other words, his current stock position in DCAC will give him an allotment of shares in the subsidiary worth between $100,000 - $200,000. A maximum value of $2 Million of equity value in Payless is being allotted to the current shareholder base that remain holders at the time we file the S-1 Registration.
And shareholders are just supposed to take his word for this?
Payless is making a lot of money and will continue to do so.
If I recall, no one has been able to find this company. And I don't recall hearing how Arthur was able to acquire it. Seeing how he has no means to do so and all.
No, Arthur. This is a problem all empty tickers face. You have no company.
A reverse split is necessary at this time, a sizeable one. All options are being considered. At these price levels no long- term financing source will fund the company and many brokerage houses will not accept stock priced this low. This is a dilemma that all tiny companies face