Replies to post #31165 on Daniels Corporate Advisory Co Inc (DCAC)

[tutankhamuns]

Payless Truckers, Inc., DCAC’s wholly-owned subsidiary dba Payless (or Pay-Less) North Shore Wholesale, has online truck listings in 2 locations:

Covington, Louisiana
https://www.truckpaper.com/listings/trucks/for-sale/list/?PCID=2001884889&dlr=1

Long Beach, Mississippi
https://www.commercialtrucktrader.com/dealers/Pay-Less+North+Shore+Wholesale/5000001295?dealerid=5000001295#

There are just under 70 trucks between both listings, at about an average of $50,000 per truck. 70 trucks x $50K/truck = $3.5M

DCAC reported $40K in PROFIT.
https://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=145729149

Per the TA updates and company filings, there has been no dilution since July-August 2018.

As per the most recent 10-Q, the current cash flow levels cover the company’s working capital needs.
https://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=145678076

It also specifies where the financing is coming from.
Since its formation during 2018, an operating principal of the Company’s wholly-owned subsidiary Payless Truckers, Inc. has loaned $70,000 to fund the subsidiary’s operations.

The operating principal of Payless Truckers, Inc. is Pay-Less North Shore Wholesale. David Paysse’s company, EZ Finance, LLC, is the lender for several of the financing incentives listed online at both locations.
https://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=145758895

And as per the filings, DCAC’s total liabilities are approx. $1.7M, not $10M.

Additional DD
DCAC $36M I-12 Widening Project and DRIVE-Safe Act
https://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=145785890
DCAC Payless Truckers, Inc. NAPA Deal and NYSE:GPC Connection
https://investorshub.advfn.com/boards/m_read_msg.aspx?message_id=145821449

$DCAC

[LJ Silver]

I'm looking forward to see how many trucks they sell in a year. Lots of assets in need of a new home IMO. Motor carriers are scrambling to buy heavy-duty trucks as a vigorous economy creates huge demands to haul goods.

Sales of big rigs more than doubled in May, rising to 35,600, or up 110 percent over the same month a year earlier, according to ACT Research.
The wait time for a new truck order now averages eight months.

LJ GIT R DUNNNNN $DCAC
If they were selling trucks , but didn't have any trucks to sell then that would be a concern, don't ya think??

2014 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2012 MACK PINNACLE CHU613.... For Sale Price: USD $27,900
2012 MACK PINNACLE CHU613.... For Sale Price: USD $18,900
2016 FREIGHTLINER CASCADIA 125.... For Sale Price: USD $59,989
2015 FREIGHTLINER CASCADIA 125.... For Sale Price: USD $59,989
2015 FREIGHTLINER CASCADIA 125 EVOLUTION For Sale Price: USD $61,989
2015 FREIGHTLINER CASCADIA 125 EVOLUTION.For Sale Price: USD $61,989
2005 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $44,989
2005 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $44,989
2005 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $44,989
2003 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $43,989
2001 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $42,989
2002 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $41,989
2005 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $39,989
2001 FREIGHTLINER FLD132 CLASSIC XL....For Sale Price: USD $29,989
2015 KENWORTH T680.... For Sale Price: USD $58,989
2014 KENWORTH T680.... For Sale Price: USD $56,989
2015 KENWORTH T680.... For Sale Price: USD $44,989
2001 KENWORTH W900L.... For Sale Price: USD $43,989
2000 KENWORTH W900L.... For Sale Price: USD $43,989
2003 PETERBILT 379EXHD.... For Sale Price: USD $49,989
2002 PETERBILT 379EXHD.... For Sale Price: USD $49,989
1994 PETERBILT 379EXHD.... For Sale Price: USD $44,989
1994 PETERBILT 379EXHD.... For Sale Price: USD $34,989
1993 PETERBILT 379EXHD.... For Sale Price: USD $34,989
1993 PETERBILT 379EXHD... For Sale Price: USD $29,989
2016 PETERBILT 579.... For Sale Price: USD $65,989
2015 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2014 PETERBILT 579.... For Sale Price: USD $59,989
2013 VOLVO VNL64T670.... For Sale Price: USD $42,995

ONE WEBSITE TOTAL 1,647,448
https://www.truckpaper.com/listings/trucks/for-sale/list/?PCID=2001884889&dlr=1

Here is the other website if you care to add it up.
https://www.commercialtrucktrader.com/dealers/Pay-Less+North+Shore+Wholesale/5000001295?dealerid=5000001295#