DCAC to issue ONE for ONE stock dividend.. http:
Post# of 114
Posted On: 03/17/2016 1:46:57 PM
DCAC to issue ONE for ONE stock dividend..
http://www.otcmarkets.com/stock/DCAC/news/Dan...41&b=y
For every 100K shares you own you get 1 restricted share that is converted back into 100K shares at current market price.. If you own 5MM shares (50 preferred) In 6 months those 50 preferred are converted to 5MM common at market value!!! You get a 100% dividend.
Quote:
DCAC will issue one (1) Restricted Anti-Dilutive Convertible Preferred Share of the Company for every 100,000 shares held as of Record Date April 15th, 2016, to stockholders who are on the NOBO list.
These shares are priced at $2.50 per share, but convert at a par value .00001. These Restricted Convertible Preferred shares will serve as the redemption for the dilution of shareholders investments in the open market, through the debt conversions.
The shares are restricted for six months. Upon maturity, the Company will ask preferred stockholders to convert 1 or 2 preferred shares into 100,000 / 200,000 common shares, through a Transfer Agent. Each shareholder keeps their present common shares and will be required to show proof of purchase, which can include a processed cheque, bank statement, wire receipt or other verifiable evidence of each purchase.
http://www.otcmarkets.com/stock/DCAC/news/Dan...41&b=y
For every 100K shares you own you get 1 restricted share that is converted back into 100K shares at current market price.. If you own 5MM shares (50 preferred) In 6 months those 50 preferred are converted to 5MM common at market value!!! You get a 100% dividend.
Quote:
DCAC will issue one (1) Restricted Anti-Dilutive Convertible Preferred Share of the Company for every 100,000 shares held as of Record Date April 15th, 2016, to stockholders who are on the NOBO list.
These shares are priced at $2.50 per share, but convert at a par value .00001. These Restricted Convertible Preferred shares will serve as the redemption for the dilution of shareholders investments in the open market, through the debt conversions.
The shares are restricted for six months. Upon maturity, the Company will ask preferred stockholders to convert 1 or 2 preferred shares into 100,000 / 200,000 common shares, through a Transfer Agent. Each shareholder keeps their present common shares and will be required to show proof of purchase, which can include a processed cheque, bank statement, wire receipt or other verifiable evidence of each purchase.
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