Daniels Corporate Advisory Co. Inc. ("DCAC") Files Audited Statements; Now Reporting Public Incubator with Subsidiary Model
July 17 2018 - 9:45AM
InvestorsHub NewsWire
Daniels Corporate Advisory
Co. Inc. ("DCAC") Files Audited
Statements.
Now Reporting Public Incubator with
Subsidiary Model Capable of Exchange
Listing.
New York, NY -- JULY 17, 2018
-- InvestorsHub NewsWire -- Daniels Corporate Advisory Company,
Inc. ("DCAC")
(OTC:
DCAC), an
incubator, through newly-incorporated subsidiaries, of promising
start-up and early stage operating businesses, is now up-to-date
and a fully reporting public company. It's Form 10 K for the fiscal
years 2016 - 2017 and its 2018 sub period 10 Q's for February 28, 2018 and May 31,
2018 are now filed.
The Company has re-focused its
corporate aim - to accelerate its own growth in
preparation for an eventual filing for approval to up-list to a
major Stock Exchange - by developing the most promising corporate
strategy consulting client companies as subsidiaries instead of
acting as principal in leveraged/structured 'acquisitions of its
own that concentrate in only one industry. The oversight senior management
and heavily-diversified,
virtual advisory team of the parent will engineer the development
of the clients. The chosen clients will be in
the most promising market niches that are already recognized as
"exciting" by the retail and institutional
investor. Through this strategy, over a
short period, the market should revalue the Daniels common ('DCAC")
because of its participation in a number of exciting market niches,
concepts and ideas. Senior Management expects a
higher overall valuation from the adjusted corporate aim to make
the raising of funding for subsidiary clients an accretive
proposition.
The subsidiary clients will
eventually be brought public via spin-off to the DCAC shareholder
base in conjunction with a capital raise through an S-1
Registration or alternate method that makes all the shares free
trading. It is management's intent to
convert some short term traders to intermediate term
"investors" with the promise of multiple venues for return on
investment. DCAC Shareholders of record will be included in a
formula that awards them ten to fifteen percent of the equity of
every spin-off or alternative financing for public
status.
This realignment of Corporate
Strategy has the potential to significantly reduce the float of the
parent Company. The use of shares in
subsidiaries with much smaller capitalization's
is planned for the
raising of cash for the parent as well as the subsidiary and for
use in an exchange offer for "DCAC" shares. Over 12 - 18 months,
there will be a number of subsidiary stocks participating in the
reduction of the float. The use of newly-registered
stock and cash from
private placements will be used to accomplish this
goal. It is still the Company's
intention not to reverse the stock until we are approved for up
listing to a major Stock Exchange and the stock price is the only
requirement to be met. At the time of approval to
either the NYSE - Markets, LLC. or NASDAQ, management estimates only a
comparatively small reverse to be necessary after completion of the
on-going float reduction program. Once major Stock Exchange
listing for the parent, ("DCAC") occurs the cost of capital will
decline significantly allowing much larger client and principal
transaction opportunities to present themselves and be acted upon.
Shareholders in the Company can expect a steady flow of
participation's in other promising companies.
Senior Management has deferred
to Counsel and agreed not to announce any transaction under LOI
(Letter Of Intent) but only upon formal agreement
execution. The Company is in ongoing
negotiations with several very promising subsidiary transaction
clients. The chosen, initial
transaction
would exhibit the
potential for immediate EBITDA (Earnings before Interest,
Taxes, Depreciation and Amortization) and should be sufficient to
prove out the realigned corporate strategy model and draw a cadre
of additional advisory clients.
Another News Release should be
forthcoming by the end of the month.
Safe
Harbor Statement:
The information
posted in this release may
contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. You can identify
these statements by
use of the words "may," "will," "should," "plans," "explores,"
"expects," "anticipates," "continue," "estimate," "project,"
"intend," and similar
expressions. Forward-looking statements involve
risks and uncertainties that could cause actual results to differ
materially from those projected or anticipated. These risks and
uncertainties include, but are not limited to, general economic and
business conditions, effects of continued geopolitical unrest and
regional conflicts, competition, changes in technology and methods
of marketing, and various other factors beyond the Company's
control.
Contact Info:
Arthur D. Viola
CEO
(917) 617 - 5445.
Daniels Corporate Advisory (CE) (USOTC:DCAC)
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