DCAC News 12/27/2016 - 0.0001
Post# of 273249
Posted On: 12/27/2016 1:11:22 PM
Daniels Corporate Advisory Co Inc $DCAC News
Last updated 12/27/2016 - 0.0001
DCAC - Shareholder Update
Jun 07, 2016
OTC Disclosure & News Service
Forest Hills, NY -
Daniels Corporate Advisory Company, Inc.
Shareholder Update
New York, New York - June 7, 2016.
Daniels Corporate Advisory Co. Inc (OTC:QB "DCAC"
is pleased to announce it is continuing to move forward with some of the most promising previously announced deals as well as some promising new ones that will be announced as they move from development to operational stage. The most promising of these will be groomed for public offering by means of spin-off or through some form of alternate public offering. In any event, the current shareholder base will benefit if they persevere.
The above being said, in order to move the company forward the Company was advised to make several moves that on the surface may appear problematic but in actuality will, in the long run, produce a much stronger company.
The Anti Dilutive Convertible Preferred Dividend that was originally filed with FINRA on March 7, 2016 has been postponed. The Corporate Action that needs to be addressed first is the reverse split so activity in the DCAC common stock can resume. Once the reverse split is cleared and implemented, the Company will re-file with FINRA so that the shareholders as of record on April 15, 2016 will receive the promised Preferred Shares.
In the near future a post office box address will be supplied to the shareholders to which they are to mail copies of their initial confirmations for purchase of DCAC shares prior to the record date. Also, the brokerage statement for April, 2016 evidencing that ownership took place on or prior to April 15, 2016 must be provided.
A new formula will be developed for the issuance of the Preferred Stock to the April 15, 2016 record date holders that will give them greater participation in the future of the Company. This is necessary because of the need to change the Company's position on the size of the reverse split, which is now 2,500 for one and no longer 500 for one.
More details will be forthcoming in the near future.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Event Updates To Shareholders
May 16, 2016
OTC Disclosure & News Service
New York, New York -
Daniels Corporate Advisory Company, Inc - Update To Shareholders.
May 16 2016.
New York, New York:
Daniels Corporate Advisory Company Inc. (OTC:QB "DCAC" is pleased to announce to those shareholders that have weathered our storms with us that the Convertible Preferred Stock Anti-Dilutive dividend is still on the boards. We are in the formal filing cycle for capitalization additions/changes needing approval from FINRA. We filed our application on March 7, 2016 and correspond regularly with their representative that is handling our request. We have fulfilled all their requests and do not believe it will be much longer. This dividend will be honored in some fashion. There are no problems or hold-ups on our part, the filing cycle with FINRA has been extended, in general, because of all the applicants. We have to wait our turn.
Current Deals:
We are working on several significant deals/projects that will mean the fold-in of a material amount of assets and their corresponding earnings in the near future. Preliminary agreement stage has been reached and a due diligence process is being conducted prior to formal contract signing. These two potential deals/expansion projects have the potential to give DCAC the critical mass to be considered for uplifting and listing on a Major Stock Exchange. Because of the need for one year of certified statements as a collective unit is necessary to meet the filing requirements of a Major Exchange it is going to take 18 - 24 months for all these events to occur and for DCAC to uplift
The listing on a major exchange will give DCAC the credibility necessary to attract long term investors, those institutions interested in developing companies and not in just trading common stock. Venture Capital and Private Equity Firm want to see a liquid exit strategy from the start of their investment and will see it in DCAC with our major exchange listing.
The DCAC major exchange listing will allow each incubated subsidiary deal to raise initial capital on its parent's common stock and to eventually be an independent public company on its own. The shareholder base of DCAC will be receiving value in each one of these IPO or Alternate Public Offerings.
These two potential projects will be merger/acquisitions into two separate subsidiaries of DCAC, incubated and then brought public as independent companies within a two year period. DCAC is their Corporate Strategy Advisory and will remain the parent company with all merger/acquisition deals, being developed/expanded by Daniels, conducted in subsidiaries. While projects may be changed or be altered because of due diligence findings, the model is intact and will be proven with the best candidates possible.
We will be keeping shareholders up to date on a regular basis. We hope you have the patience to continue with us.
Safe Harbor Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Arthur D. Viola, Chairman & CEO. onewallstreetn@aol.com .
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
"DCAC" Corporate Strategy Company programmed for NYSE Listing
May 13, 2016
OTC Disclosure & News Service
New York, New York -
Daniels Corporate Advisory Company, Inc. announces the Start of Preparations For Commercial Airing and Sales/income stream for its Entertainment Group.
-- National TV Commercials Commencing Airing for Complete Audio/Video Judy Garland Show series On Demand PPV Subscription Service
First Direct Response TV Company to Sell Full Length Video On Demand PPV Concerts on Mobile Devices.
Twelve Months Sales of $1,245,000 and Gross Profits of $448,200 are estimated.
New York, New York --
(OTC:QB
CAC) Daniels Corporate Advisory Company, Inc. today announced the start of its revenue sharing licensing deal for 26 One Hour Episodes of The Judy Garland Show Series in the USA. The Judy Garland TV Shows are currently airing on Sony's Television Network GetTV at Prime Time -- Monday evenings at 8 pm and 11pm EST.
This historic collection of 26 one-hour-long episodes includes an unprecedented list of guests -- including Barbra Streisand, Mickey Rooney, Count Basie, Lena Horne, Tony Bennett, Ethel Merman, Bob Newhart, Donald O'Connor, Peggy Lee, Steve Allen, Jane Powell, Peter Lawford, Vic Damone, Jack Jones, and Garland's daughter Liza Minnelli, among others. The income potential on this licensing deal may be enhanced since Judy Garland also performed solo concert performances as part of this amazing, wonderful TV show.
Daniels will share streaming audio/video revenues on sales of the shows to consumers. All 26 episodes will be available for fans to enjoy. Daniels Corporate Strategy Team is already advising on the production and marketing of the TV advertisements which should begin airing shortly.
Arthur D. Viola, Chairman & CEO of Daniels ("DCAC" states "Thanks to state of the art technology, this is a direct selling opportunity where fans, both old and new, will be able to receive immediate access to live concerts upon paying for a subscription by credit card; whether it be for one show - for $3.99 - or the entire collection, for $94.99. A subscription will give fans access to the full show, or the entire collection, on any mobile device for a period of one month. Renewal fees will apply. Through ad spots and media pieces and a conversion rate (advertisements in media in major cities to actual sales) of only 1 - 2 % the Entertainment Group is expected to contribute estimated sales of $1,245,000 and Gross Profits of $448,200 over the next twelve months of operations. These estimates are based on reasonable pro forma projections that have been formulated and partially supported by the value placed on the attraction of "star power" to all age groups, from the boomers to the Millenniums. As the model for the Entertainment Group is proven, we will continue to work with the Hollywood Professionals at World Nation Live Entertainment to acquire additional rights to Music, Film Libraries, Radio Stations, TV Stations, Representation of Celebrities Estates and TV Show Rights."
Viola continues: "The Corporate Strategy model explained in detail on our web site atwww.danielscorporateadvisoryco.com states one of our main objectives is to uplift DCAC from the upper level (QB) Venture Market to the New York Stock Exchange - Markets, LLC. (The old American Stock Exchange.) The deals that are in final negotiations at this time should give us the pre tax earnings and the net worth for applying to the listing committee of the Exchange. At the same time, we will be interviewing appropriate candidates for our board of Directors. This entire process, which will take two years, has begun in earnest. Once Exchange listed, DCAC will continue to build out its subsidiary companies with the use of Exchange paper and outside financing, including margin money.
Safe Harbor Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Co. Inc. Acquires The Judy Garland Show Series Streaming Deal; Featuring Liza Minnelli, Tony Bennett, Mel Torme, Lena Horne & Other Great Entertainers
May 02, 2016
OTC Disclosure & News Service
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Daniels Corporate Advisory Co. Inc. Acquires The Judy Garland Show Series Streaming Deal; Featuring Liza Minnelli, Tony Bennett, Mel Torme, Lena Horne & Other Great Entertainers
Launches Entertainment Industry Subsidiary
NEW YORK, NY--(Marketwired - May 2, 2016) - Daniels Corporate Advisory Company, Inc. ("Daniels) (OTCQB: DCAC) and Clearwave Telecommunications, Inc. (OTC PINK: CWTC) World Nation Live Entertainment, Inc. today announced a revenue sharing deal license for 26 One Hour Episodes of The Judy Garland Show Series in the USA. The Judy Garland TV Shows are currently airing on Sony's Television Network GetTV at Prime Time -- Monday evenings at 8 pm and 11pm EST.
The Judy Garland Show originally aired on Sunday nights at 9pm on CBS from 1963 to 1964.This Classic Nostalgic 1960s show was loved by millions of viewers.
This historic collection of 26 one-hour-long episodes includes an unprecedented list of guests -- including Barbra Streisand, Mickey Rooney, Count Basie, Lena Horne, Tony Bennett, Ethel Merman, Bob Newhart, Donald O'Connor, Peggy Lee, Steve Allen, Jane Powell, Peter Lawford, Vic Damone, Jack Jones, and Garland's daughter Liza Minnelli, among others.
Judy Garland also performed solo concert performances as part of this amazing, wonderful TV show.
In 1962, the CBS Network won the right to broadcast Judy Garland's musical variety show in an unheard-of pact worth $24 million. From June 1963 through March 1964, the one-hour episodes were videotaped at CBS' Television City in Hollywood, California. There are once-in-a-lifetime musical pairings and duets between Garland and her guests. This collection is the only remaining audio/video full length show library in existence of the legendary diva at her physical and vocal peak.
Daniels will share streaming audio/video revenues on sales of the shows to consumers. All 26 episodes will be available for fans to enjoy. The Daniels Corporate Strategy Team will also be directly involved with the production and marketing of the TV advertisements.
These legendary performances have generated millions in home video sales throughout the years. Judy Garland has also won many Grammy Awards and is an iconic legend for the ages.
Mr. Arthur D. Viola, Chairman & CEO of Daniels noted, "We at Daniels are very pleased to be working with the very talented group of Hollywood Professionals at World Nation Live Entertainment. This move by Daniels has added 'Star Power' to our credentials and could add the potential for significant revenues and profits as we continue to work hand in hand to acquire additional rights in Music, Film Libraries, Radio Stations, TV Stations, Representation of Celebrities Estates and TV Show Rights."
Please view the experienced team of Professionals and the corporate strategy of World Nation Live Entertainment, Inc.
website http://worldnationIiveentertainment. com/showcases .
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DCAC Signs Letter of Intent With Island Hospitality Concepts, Inc.
Feb 29, 2016
OTC Disclosure & News Service
-
DCAC Signs Letter of Intent With Island Hospitality Concepts, Inc.
Dual Income Stream Potential
NEW YORK, NY--(Marketwired - Feb 29, 2016) - Daniels Corporate Advisory Company, Inc. (OTCQB: DCAC) ("the Company" is pleased to announce the expansion of its Corporate Strategy Consulting business segment by the execution of a Letter of Intent with Island Hospitality Concepts ("IHC" , Inc. "IHC" is a consulting company that builds out original food/restaurant concepts, theirs as well as those of creative, owner/operator entrepreneurs and develops these assets into franchise opportunities in beautiful Island settings. Their present geographic focus, and all future locations, will be further developed within an incubated subsidiary of Daniels Corporate Advisory Company. Daniels senior management and its newly added, highly regarded Corporate Advisory Team, will be helping develop present and new assets in the Dominican Republic. Terms of the Agreement are expected to be announced shortly, pending the completion of due diligence.
"We are excited by this new prospective project," stated Arthur D. Viola, CEO of Daniels Corporate Advisory Company, Inc. "It gives DCAC the potential for a dual income stream which can mean a combination of cash fees and equity in each of the restaurants. DCAC will provide advisory on the methods of leverage and different deal structures that can be adapted for the purchase and/or expansion of a particular property or for the sharing of an investment commitment with an owner/operator entrepreneur in the creation of his own brand/identity and, secondly, from referrals of individuals/corporations in the DCAC networks that are interested in any phase of the opportunity."
IHC have successfully launched and managed a number of thriving restaurant brands all over the Dominican Republic. It is a full service restaurant consultancy with 30 years of experience under its belt. It's success stems from bringing together a team of operators, designers, chefs and industry experts to transform culinary dreams, theirs and yours, into reality.
Says Viola, "We are happy to be working with an insightful group of restaurant/concept professionals who can easily recognize growth opportunities and help build them."
"The Caribbean welcomed a record 26.3 million tourists in 2014, a 5.3 percent rise over the previous year, and the fifth straight year of growth as a region. These visitors spent $29.2 billion (US). We know the region is growing by leaps and bounds, and is continually setting records for tourism dollars spent," said Viola. "With such vast potential and positive performance in the accommodation and hospitality sectors, DCAC believes the time is right for expanding into this exploding market. Asset expansion into the Dominican Republic is simply a matter of who will take advantage of the market conditions, and who has the expertise best suited to do so. For these reasons, we have signed a Letter of Intent with IHC."
Prior to Franchising, Owner/Operator relationships will be developed for participation in existing brands or for the development of his own vision. The path for an Owner/Operation will be guided to success and for much less than the start-up costs of similar operations stateside. "It depends on how simple or how grand you envision your eatery to be," explained Viola. "IHC can get you started for just $99,000 US -- in some cases even lower at $60,000. Or as high as $400,000 if your concept calls for a large, lavish dining experience. These costs are insignificant compared to what it would cost to open the same business in the US."
"While owner/operator concept development with franchising potential is open to everyone," said Viola. "This concept would be perfect for members of the baby-boomer generation; those who are 50 plus and would like to be productive and contribute, in their own 'new' way, to society. They have in the past made history and they can in the future, while enjoying an 'Island lifestyle.'"
Under the terms of the pending deal all new business concepts and investors that come by referral from the DCAC network would earn additional equity for DCAC in each of the new restaurant concept/deals or the expansion of an existing brand. "In addition to receiving fee income for leveraged deal advisory and, on a case by case basis, for providing investment capital as a principal, "DCAC will get credit for new growth of any existing chain or the creation of a new chain coming through the Company," states Viola. "Our participation on multi-levels, including referrals from the DCAC network, for this incubation subsidiary serves to expand our asset base and attract even more investment for the Company in general."
IHC currently has half a dozen destination restaurant properties in service:
Los Gringos, a southern style beach BBQ in Cabarete.
Banditos Cantina, mixing Mexican food and margaritas in Cabarete
4 separate locations of The Lazy Dog, a beachside bar and grill in Sousa, Las Terrenas, and 2 in Cabarete
"We are completing our due diligence now and expect to have more to share with our shareholders in the coming quarter. Expect more details to be forthcoming soon," said Viola.
About Island Hospitality Concepts
IHC provides oversight and expertise to assist companies in taking their restaurant business from concept through start-up and into profitability. In general, our services fall into three broad categories:
1. Restaurant concept development and delivery 2. Concept assessment and revitalization 3. Restaurant operations support systems
Island Hospitality Concepts can help restaurants with a number of management issues to ensure that the business will run more effectively and become more profitable.
For more information, contact: www.islandhospitalityconcepts.com
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Company, Inc. to Issue Preferred Stock; Protects Shareholders
Feb 26, 2016
OTC Disclosure & News Service
-
Daniels Corporate Advisory Company, Inc. to Issue Preferred Stock; Protects Shareholders
The New Agenda
NEW YORK, NY--(Marketwired - Feb 26, 2016) - Daniels Corporate Advisory Company, Inc. (OTCQB: DCAC) ("the Company" is pleased to announce that the corporation and Board of Directors is set to issue a specific class of Anti-Dilutive Convertible Preferred Securities to all of its common shareholders.
CEO Arthur D. Viola states, "We are removing the compounding convertible debt off our balance sheet because it is a derivative liability that would have hampered DCAC's future growth prospects. We knew that signing off on these issuance resolutions might create fluctuation in shareholder value, but it was a necessary step forward, in order to attract new equity to our balance sheet, and start meeting the objectives of our New Agenda. We have thus come up with a solution to protect our stockholders from the losses they incurred in the open market."
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.
"The Company is also negotiating to acquire several profitable enterprises as wholly owned subsidiaries, for Convertible Preferred Stock to meet the $4,000,000 shareholder equity threshold to qualify for a listing on a NYSE MKT," adds Viola. "Much more information will be forthcoming on these companies as DCAC moves to closure on each of these agreements."
"We thank all shareholders for their continued support. As we meet certain milestones, the investment community will be more thoroughly aware of this through our disclosures and public records," closes Viola.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Co. Inc. Announces Convertible Preferred Stock Dividend
Feb 18, 2016
OTC Disclosure & News Service
-
Daniels Corporate Advisory Co. Inc. Announces Convertible Preferred Stock Dividend
NEW YORK, NY--(Marketwired - Feb 18, 2016) - Daniels Corporate Advisory Company, Inc. (OTC PINK: DCAC) ("the Company" is pleased to announce its inaugural convertible preferred stock dividend for the shareholders of record as of April 15, 2016. "One of the critical ingredients to being successful when building equity is to be able to quickly adjust where needed to take advantage of market conditions and opportunities," said Arthur D. Viola, CEO of the Company. "This is why we're issuing the Convertible Securities -- we're seeing a need and moving swiftly to fill it. Stockholders will receive one (1) Restricted Preferred share of Daniels Corporate Advisory Co. Inc. for every 100,000 shares held as of Record Date April 15, 2016. The Company will also issue fractional shares to our investors as we realize that some may have purchased less than 100,000 shares during this period." The pay date for this dividend is May 15, 2016.
"This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average," said Viola. "Issuing Anti-Dilutive Convertible Preferred Securities to stockholders as dividends also ensures that they will not be impacted by third-party debt conversions. The conversions of the securities the shareholders of record will receive are technically set at a price at which the company could never trade or be quoted at, which is .00001 par value, so these securities are not price sensitive, and they are also anti-dilutive."
He further added, "We have decided to award all of our loyal shareholders with this additional stock because they have stuck with us through our transitional phases. Many of our shareholders have held this stock for several years. Now, along with newer shareholders, they will become beneficiaries of our anticipated growth."
"The management would like to personally thank all of the shareholders of record of Daniels Corporate Advisory Company, Inc. for all of your support over the last few years. We are excited about the directions that we are headed and will continue to press on until we reach our goals and objectives," said Viola.
Declaration Date: 02/18/2016
Record Date: 04/15/2016
Payment Date: 05/15/2016
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Daniels Corporate Advisory Company, Inc.
Arthur D. Viola
Email: Onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Company, Inc. Adds Industry Professional to Board of Directors
Feb 12, 2016
OTC Disclosure & News Service
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Daniels Corporate Advisory Company, Inc. Adds Industry Professional to Board of Directors
NEW YORK, NY--(Marketwired - Feb 12, 2016) - Daniels Corporate Advisory Co., Inc. (OTCQB: DCAC) ("DCAC" is pleased to announce the addition of Patrick Johnson to its Board of Directors.
Patrick is the CEO and Director of Victura Construction Group Inc. (OTC PINK: VICT) ("VICT" , a vertically integrated holding company focused on strategic growth in the disaster recovery and restoration segments of the construction industry primarily in the Dallas/Fort Worth commercial and residential markets. His company's six operating subsidiaries have human assets that collectively have a history of performance achievements in industry partnerships.
"Patrick's function on our board will be to provide insight on strategic acquisitions within industry segments that service the construction, consumer products, oil and gas, software, and nutraceutical industries," states Arthur D. Viola, CEO of DCAC.
DCAC is exploring other areas of concentration with VICT in the areas of Water, Fire and Storm insurance Restoration and reconstruction services regarding property damage, which are paid by Insurance Proceeds, a recession-proof opportunity within the Construction Industry, in both residential and commercial markets.
"Any venture between the two firms or a target acquisition by Daniels would benefit the Parties through providing the ability to exponentially increase the footprint of existing business through Acquisition and/or Expansion," states Patrick Johnson, CEO of VICT.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DCAC Attracts Long Term Investment
Feb 01, 2016
OTC Disclosure & News Service
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DCAC Attracts Long Term Investment
Will Issue Anti-Dilutive Preferred Shares, Remove Debt, Build Assets
NEW YORK, NY--(Marketwired - Feb 1, 2016) - Daniels Corporate Advisory Co. Inc.'s (OTCQB: DCAC) ("DCAC" ("the Company" CEO Arthur D. Viola announces that DCAC will begin implementation of a new plan to get the Company on a fast track to a Senior National Exchange.
The Company has maintained its public disclosure on OTC Markets by remaining current in its reporting obligations as a QB Venture Market Company. Corporately, DCAC is also amending its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These same anti-dilutive securities will soon become available to those common stock shareholders as of a yet to be determined record date. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free and to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
Arthur D. Viola, CEO of Daniels Corporate Advisory Co Inc., said, "This new plan is absolutely necessary in order to attract long-term, corporate development type investment in DCAC. We will also be able to restore investor confidence, if we commit ourselves to remove affiliate & non-affiliate debt, and build net stockholders equity on the balance sheet. This is a process that we are committed to forging ahead with, our resolve to complete those tasks are a function of effort, teamwork and time."
He further states, "We have expanded the Corporate Strategy Consulting Segment of the Company with the addition of a very qualified team of professionals that will aid us in the implementing of this strategy and fulfill our mandate. Additionally, DCAC will seek to have more of a transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be made more thoroughly aware through public disclosure and record."
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Negotiating Two Italian Café Acquisitions for Food and Beverage Group
Oct 14, 2015
OTC Disclosure & News Service
-
NEW YORK, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Daniels Corporate Advisory Co. Inc. (OTCQB CAC) today announced that it is conducting negotiations and due diligence on two promising Italian Café acquisitions by the Company’s Food and Beverage Group. Combined, the two Italian Cafés generate $1 million in annual sales with approximately $300,000 EBITDA. The Cafés are both located on Long Island’s affluent North Shore and the Company expects to complete both acquisitions by the end of November 2015.
Daniels Corporate Advisory recently announced that the Food and Beverage Group, formed in July 2015, would focus on acquiring Italian Cafés and Clubs with Entertainment in the New York metro area. On October 7, 2015 the company executed a letter of intent for their first Food and Beverage Group acquisition, a club with entertainment also located in Long Island with over $2 million in annual Revenues and 17+ percent reconstructed earnings before taxes.
In addition, Daniels Corporate Advisory is actively seeking advisory board members and qualified management candidates with experience in owning and operating successful chain establishments and entertainment venues.
Acquisition terms for the two Italian Cafés will follow the model Daniels has established which provide the seller an initial cash payment with notes payable in two equal installments in years two and three following the acquisition. The seller may elect to convert the notes to shares in Daniels Corporate Advisory at a discount to market, which provides opportunity for appreciation to the seller and retains cash reserves for Daniels Corporate Advisory.
“We are developing good momentum and are seeing an increasing number of potential deals cross our desks,” said Daniels Corporate Advisory CEO Arthur Viola. “We are being very selective in our process and are conducting exhaustive due diligence to assure the financials, reputation and potential of each acquisition correlate with the integrity of our Food and Beverage Group.”
Daniels’ Food and Beverage Group is focused on acquiring Italian Cafés and Clubs with Entertainment with annual sales from $300,000 to $3 million that are cash-flow positive. Once acquired, Daniels Corporate Advisory professionals with specific niche experience will fine-tune operations and marketing in the expansion of each acquisition with eventual integration into a unified and themed brand entity.
The Company will continue to provide updates on acquisitions on a regular basis.
About Daniels Corporate Advisory Company, Inc.
Daniels Corporate Advisory Company, Inc., a corporate strategy and business incubation Company, acquires niche business opportunities in predetermined industries. With the creation of unique growth modeling, DCAC provides capital, human resources, marketing concepts and sales strategies to each of their target acquired business entities. The Company deploys a professional team, each with business acumen suited to a particular acquired industry segment, working diligently in providing collective expertise with the objective of adding growth and earnings. DCAC believes successful executions and economies of scale create lower-cost financing options and provides strong consolidated financial matrixes. www.danielscorporateadvisoryco.com
Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause DCAC's actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. Management undertakes no obligation to update any forward-looking statements after the date of such statements.
CONTACT:
Arthur D. Viola
347-242-3148
onewallstreetn@aol.com
Copyright © 2015 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/27/2016 - 0.0001
DCAC - Shareholder Update
Jun 07, 2016
OTC Disclosure & News Service
Forest Hills, NY -
Daniels Corporate Advisory Company, Inc.
Shareholder Update
New York, New York - June 7, 2016.
Daniels Corporate Advisory Co. Inc (OTC:QB "DCAC"
is pleased to announce it is continuing to move forward with some of the most promising previously announced deals as well as some promising new ones that will be announced as they move from development to operational stage. The most promising of these will be groomed for public offering by means of spin-off or through some form of alternate public offering. In any event, the current shareholder base will benefit if they persevere. The above being said, in order to move the company forward the Company was advised to make several moves that on the surface may appear problematic but in actuality will, in the long run, produce a much stronger company.
The Anti Dilutive Convertible Preferred Dividend that was originally filed with FINRA on March 7, 2016 has been postponed. The Corporate Action that needs to be addressed first is the reverse split so activity in the DCAC common stock can resume. Once the reverse split is cleared and implemented, the Company will re-file with FINRA so that the shareholders as of record on April 15, 2016 will receive the promised Preferred Shares.
In the near future a post office box address will be supplied to the shareholders to which they are to mail copies of their initial confirmations for purchase of DCAC shares prior to the record date. Also, the brokerage statement for April, 2016 evidencing that ownership took place on or prior to April 15, 2016 must be provided.
A new formula will be developed for the issuance of the Preferred Stock to the April 15, 2016 record date holders that will give them greater participation in the future of the Company. This is necessary because of the need to change the Company's position on the size of the reverse split, which is now 2,500 for one and no longer 500 for one.
More details will be forthcoming in the near future.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Event Updates To Shareholders
May 16, 2016
OTC Disclosure & News Service
New York, New York -
Daniels Corporate Advisory Company, Inc - Update To Shareholders.
May 16 2016.
New York, New York:
Daniels Corporate Advisory Company Inc. (OTC:QB "DCAC"
is pleased to announce to those shareholders that have weathered our storms with us that the Convertible Preferred Stock Anti-Dilutive dividend is still on the boards. We are in the formal filing cycle for capitalization additions/changes needing approval from FINRA. We filed our application on March 7, 2016 and correspond regularly with their representative that is handling our request. We have fulfilled all their requests and do not believe it will be much longer. This dividend will be honored in some fashion. There are no problems or hold-ups on our part, the filing cycle with FINRA has been extended, in general, because of all the applicants. We have to wait our turn. Current Deals:
We are working on several significant deals/projects that will mean the fold-in of a material amount of assets and their corresponding earnings in the near future. Preliminary agreement stage has been reached and a due diligence process is being conducted prior to formal contract signing. These two potential deals/expansion projects have the potential to give DCAC the critical mass to be considered for uplifting and listing on a Major Stock Exchange. Because of the need for one year of certified statements as a collective unit is necessary to meet the filing requirements of a Major Exchange it is going to take 18 - 24 months for all these events to occur and for DCAC to uplift
The listing on a major exchange will give DCAC the credibility necessary to attract long term investors, those institutions interested in developing companies and not in just trading common stock. Venture Capital and Private Equity Firm want to see a liquid exit strategy from the start of their investment and will see it in DCAC with our major exchange listing.
The DCAC major exchange listing will allow each incubated subsidiary deal to raise initial capital on its parent's common stock and to eventually be an independent public company on its own. The shareholder base of DCAC will be receiving value in each one of these IPO or Alternate Public Offerings.
These two potential projects will be merger/acquisitions into two separate subsidiaries of DCAC, incubated and then brought public as independent companies within a two year period. DCAC is their Corporate Strategy Advisory and will remain the parent company with all merger/acquisition deals, being developed/expanded by Daniels, conducted in subsidiaries. While projects may be changed or be altered because of due diligence findings, the model is intact and will be proven with the best candidates possible.
We will be keeping shareholders up to date on a regular basis. We hope you have the patience to continue with us.
Safe Harbor Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Arthur D. Viola, Chairman & CEO. onewallstreetn@aol.com .
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
"DCAC" Corporate Strategy Company programmed for NYSE Listing
May 13, 2016
OTC Disclosure & News Service
New York, New York -
Daniels Corporate Advisory Company, Inc. announces the Start of Preparations For Commercial Airing and Sales/income stream for its Entertainment Group.
-- National TV Commercials Commencing Airing for Complete Audio/Video Judy Garland Show series On Demand PPV Subscription Service
First Direct Response TV Company to Sell Full Length Video On Demand PPV Concerts on Mobile Devices.
Twelve Months Sales of $1,245,000 and Gross Profits of $448,200 are estimated.
New York, New York --
(OTC:QB
CAC) Daniels Corporate Advisory Company, Inc. today announced the start of its revenue sharing licensing deal for 26 One Hour Episodes of The Judy Garland Show Series in the USA. The Judy Garland TV Shows are currently airing on Sony's Television Network GetTV at Prime Time -- Monday evenings at 8 pm and 11pm EST. This historic collection of 26 one-hour-long episodes includes an unprecedented list of guests -- including Barbra Streisand, Mickey Rooney, Count Basie, Lena Horne, Tony Bennett, Ethel Merman, Bob Newhart, Donald O'Connor, Peggy Lee, Steve Allen, Jane Powell, Peter Lawford, Vic Damone, Jack Jones, and Garland's daughter Liza Minnelli, among others. The income potential on this licensing deal may be enhanced since Judy Garland also performed solo concert performances as part of this amazing, wonderful TV show.
Daniels will share streaming audio/video revenues on sales of the shows to consumers. All 26 episodes will be available for fans to enjoy. Daniels Corporate Strategy Team is already advising on the production and marketing of the TV advertisements which should begin airing shortly.
Arthur D. Viola, Chairman & CEO of Daniels ("DCAC"
states "Thanks to state of the art technology, this is a direct selling opportunity where fans, both old and new, will be able to receive immediate access to live concerts upon paying for a subscription by credit card; whether it be for one show - for $3.99 - or the entire collection, for $94.99. A subscription will give fans access to the full show, or the entire collection, on any mobile device for a period of one month. Renewal fees will apply. Through ad spots and media pieces and a conversion rate (advertisements in media in major cities to actual sales) of only 1 - 2 % the Entertainment Group is expected to contribute estimated sales of $1,245,000 and Gross Profits of $448,200 over the next twelve months of operations. These estimates are based on reasonable pro forma projections that have been formulated and partially supported by the value placed on the attraction of "star power" to all age groups, from the boomers to the Millenniums. As the model for the Entertainment Group is proven, we will continue to work with the Hollywood Professionals at World Nation Live Entertainment to acquire additional rights to Music, Film Libraries, Radio Stations, TV Stations, Representation of Celebrities Estates and TV Show Rights." Viola continues: "The Corporate Strategy model explained in detail on our web site atwww.danielscorporateadvisoryco.com states one of our main objectives is to uplift DCAC from the upper level (QB) Venture Market to the New York Stock Exchange - Markets, LLC. (The old American Stock Exchange.) The deals that are in final negotiations at this time should give us the pre tax earnings and the net worth for applying to the listing committee of the Exchange. At the same time, we will be interviewing appropriate candidates for our board of Directors. This entire process, which will take two years, has begun in earnest. Once Exchange listed, DCAC will continue to build out its subsidiary companies with the use of Exchange paper and outside financing, including margin money.
Safe Harbor Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Co. Inc. Acquires The Judy Garland Show Series Streaming Deal; Featuring Liza Minnelli, Tony Bennett, Mel Torme, Lena Horne & Other Great Entertainers
May 02, 2016
OTC Disclosure & News Service
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Daniels Corporate Advisory Co. Inc. Acquires The Judy Garland Show Series Streaming Deal; Featuring Liza Minnelli, Tony Bennett, Mel Torme, Lena Horne & Other Great Entertainers
Launches Entertainment Industry Subsidiary
NEW YORK, NY--(Marketwired - May 2, 2016) - Daniels Corporate Advisory Company, Inc. ("Daniels) (OTCQB: DCAC) and Clearwave Telecommunications, Inc. (OTC PINK: CWTC) World Nation Live Entertainment, Inc. today announced a revenue sharing deal license for 26 One Hour Episodes of The Judy Garland Show Series in the USA. The Judy Garland TV Shows are currently airing on Sony's Television Network GetTV at Prime Time -- Monday evenings at 8 pm and 11pm EST.
The Judy Garland Show originally aired on Sunday nights at 9pm on CBS from 1963 to 1964.This Classic Nostalgic 1960s show was loved by millions of viewers.
This historic collection of 26 one-hour-long episodes includes an unprecedented list of guests -- including Barbra Streisand, Mickey Rooney, Count Basie, Lena Horne, Tony Bennett, Ethel Merman, Bob Newhart, Donald O'Connor, Peggy Lee, Steve Allen, Jane Powell, Peter Lawford, Vic Damone, Jack Jones, and Garland's daughter Liza Minnelli, among others.
Judy Garland also performed solo concert performances as part of this amazing, wonderful TV show.
In 1962, the CBS Network won the right to broadcast Judy Garland's musical variety show in an unheard-of pact worth $24 million. From June 1963 through March 1964, the one-hour episodes were videotaped at CBS' Television City in Hollywood, California. There are once-in-a-lifetime musical pairings and duets between Garland and her guests. This collection is the only remaining audio/video full length show library in existence of the legendary diva at her physical and vocal peak.
Daniels will share streaming audio/video revenues on sales of the shows to consumers. All 26 episodes will be available for fans to enjoy. The Daniels Corporate Strategy Team will also be directly involved with the production and marketing of the TV advertisements.
These legendary performances have generated millions in home video sales throughout the years. Judy Garland has also won many Grammy Awards and is an iconic legend for the ages.
Mr. Arthur D. Viola, Chairman & CEO of Daniels noted, "We at Daniels are very pleased to be working with the very talented group of Hollywood Professionals at World Nation Live Entertainment. This move by Daniels has added 'Star Power' to our credentials and could add the potential for significant revenues and profits as we continue to work hand in hand to acquire additional rights in Music, Film Libraries, Radio Stations, TV Stations, Representation of Celebrities Estates and TV Show Rights."
Please view the experienced team of Professionals and the corporate strategy of World Nation Live Entertainment, Inc.
website http://worldnationIiveentertainment. com/showcases .
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DCAC Signs Letter of Intent With Island Hospitality Concepts, Inc.
Feb 29, 2016
OTC Disclosure & News Service
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DCAC Signs Letter of Intent With Island Hospitality Concepts, Inc.
Dual Income Stream Potential
NEW YORK, NY--(Marketwired - Feb 29, 2016) - Daniels Corporate Advisory Company, Inc. (OTCQB: DCAC) ("the Company"
is pleased to announce the expansion of its Corporate Strategy Consulting business segment by the execution of a Letter of Intent with Island Hospitality Concepts ("IHC" , Inc. "IHC" is a consulting company that builds out original food/restaurant concepts, theirs as well as those of creative, owner/operator entrepreneurs and develops these assets into franchise opportunities in beautiful Island settings. Their present geographic focus, and all future locations, will be further developed within an incubated subsidiary of Daniels Corporate Advisory Company. Daniels senior management and its newly added, highly regarded Corporate Advisory Team, will be helping develop present and new assets in the Dominican Republic. Terms of the Agreement are expected to be announced shortly, pending the completion of due diligence. "We are excited by this new prospective project," stated Arthur D. Viola, CEO of Daniels Corporate Advisory Company, Inc. "It gives DCAC the potential for a dual income stream which can mean a combination of cash fees and equity in each of the restaurants. DCAC will provide advisory on the methods of leverage and different deal structures that can be adapted for the purchase and/or expansion of a particular property or for the sharing of an investment commitment with an owner/operator entrepreneur in the creation of his own brand/identity and, secondly, from referrals of individuals/corporations in the DCAC networks that are interested in any phase of the opportunity."
IHC have successfully launched and managed a number of thriving restaurant brands all over the Dominican Republic. It is a full service restaurant consultancy with 30 years of experience under its belt. It's success stems from bringing together a team of operators, designers, chefs and industry experts to transform culinary dreams, theirs and yours, into reality.
Says Viola, "We are happy to be working with an insightful group of restaurant/concept professionals who can easily recognize growth opportunities and help build them."
"The Caribbean welcomed a record 26.3 million tourists in 2014, a 5.3 percent rise over the previous year, and the fifth straight year of growth as a region. These visitors spent $29.2 billion (US). We know the region is growing by leaps and bounds, and is continually setting records for tourism dollars spent," said Viola. "With such vast potential and positive performance in the accommodation and hospitality sectors, DCAC believes the time is right for expanding into this exploding market. Asset expansion into the Dominican Republic is simply a matter of who will take advantage of the market conditions, and who has the expertise best suited to do so. For these reasons, we have signed a Letter of Intent with IHC."
Prior to Franchising, Owner/Operator relationships will be developed for participation in existing brands or for the development of his own vision. The path for an Owner/Operation will be guided to success and for much less than the start-up costs of similar operations stateside. "It depends on how simple or how grand you envision your eatery to be," explained Viola. "IHC can get you started for just $99,000 US -- in some cases even lower at $60,000. Or as high as $400,000 if your concept calls for a large, lavish dining experience. These costs are insignificant compared to what it would cost to open the same business in the US."
"While owner/operator concept development with franchising potential is open to everyone," said Viola. "This concept would be perfect for members of the baby-boomer generation; those who are 50 plus and would like to be productive and contribute, in their own 'new' way, to society. They have in the past made history and they can in the future, while enjoying an 'Island lifestyle.'"
Under the terms of the pending deal all new business concepts and investors that come by referral from the DCAC network would earn additional equity for DCAC in each of the new restaurant concept/deals or the expansion of an existing brand. "In addition to receiving fee income for leveraged deal advisory and, on a case by case basis, for providing investment capital as a principal, "DCAC will get credit for new growth of any existing chain or the creation of a new chain coming through the Company," states Viola. "Our participation on multi-levels, including referrals from the DCAC network, for this incubation subsidiary serves to expand our asset base and attract even more investment for the Company in general."
IHC currently has half a dozen destination restaurant properties in service:
Los Gringos, a southern style beach BBQ in Cabarete.
Banditos Cantina, mixing Mexican food and margaritas in Cabarete
4 separate locations of The Lazy Dog, a beachside bar and grill in Sousa, Las Terrenas, and 2 in Cabarete
"We are completing our due diligence now and expect to have more to share with our shareholders in the coming quarter. Expect more details to be forthcoming soon," said Viola.
About Island Hospitality Concepts
IHC provides oversight and expertise to assist companies in taking their restaurant business from concept through start-up and into profitability. In general, our services fall into three broad categories:
1. Restaurant concept development and delivery 2. Concept assessment and revitalization 3. Restaurant operations support systems
Island Hospitality Concepts can help restaurants with a number of management issues to ensure that the business will run more effectively and become more profitable.
For more information, contact: www.islandhospitalityconcepts.com
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Company, Inc. to Issue Preferred Stock; Protects Shareholders
Feb 26, 2016
OTC Disclosure & News Service
-
Daniels Corporate Advisory Company, Inc. to Issue Preferred Stock; Protects Shareholders
The New Agenda
NEW YORK, NY--(Marketwired - Feb 26, 2016) - Daniels Corporate Advisory Company, Inc. (OTCQB: DCAC) ("the Company"
is pleased to announce that the corporation and Board of Directors is set to issue a specific class of Anti-Dilutive Convertible Preferred Securities to all of its common shareholders. CEO Arthur D. Viola states, "We are removing the compounding convertible debt off our balance sheet because it is a derivative liability that would have hampered DCAC's future growth prospects. We knew that signing off on these issuance resolutions might create fluctuation in shareholder value, but it was a necessary step forward, in order to attract new equity to our balance sheet, and start meeting the objectives of our New Agenda. We have thus come up with a solution to protect our stockholders from the losses they incurred in the open market."
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.
"The Company is also negotiating to acquire several profitable enterprises as wholly owned subsidiaries, for Convertible Preferred Stock to meet the $4,000,000 shareholder equity threshold to qualify for a listing on a NYSE MKT," adds Viola. "Much more information will be forthcoming on these companies as DCAC moves to closure on each of these agreements."
"We thank all shareholders for their continued support. As we meet certain milestones, the investment community will be more thoroughly aware of this through our disclosures and public records," closes Viola.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Co. Inc. Announces Convertible Preferred Stock Dividend
Feb 18, 2016
OTC Disclosure & News Service
-
Daniels Corporate Advisory Co. Inc. Announces Convertible Preferred Stock Dividend
NEW YORK, NY--(Marketwired - Feb 18, 2016) - Daniels Corporate Advisory Company, Inc. (OTC PINK: DCAC) ("the Company"
is pleased to announce its inaugural convertible preferred stock dividend for the shareholders of record as of April 15, 2016. "One of the critical ingredients to being successful when building equity is to be able to quickly adjust where needed to take advantage of market conditions and opportunities," said Arthur D. Viola, CEO of the Company. "This is why we're issuing the Convertible Securities -- we're seeing a need and moving swiftly to fill it. Stockholders will receive one (1) Restricted Preferred share of Daniels Corporate Advisory Co. Inc. for every 100,000 shares held as of Record Date April 15, 2016. The Company will also issue fractional shares to our investors as we realize that some may have purchased less than 100,000 shares during this period." The pay date for this dividend is May 15, 2016. "This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average," said Viola. "Issuing Anti-Dilutive Convertible Preferred Securities to stockholders as dividends also ensures that they will not be impacted by third-party debt conversions. The conversions of the securities the shareholders of record will receive are technically set at a price at which the company could never trade or be quoted at, which is .00001 par value, so these securities are not price sensitive, and they are also anti-dilutive."
He further added, "We have decided to award all of our loyal shareholders with this additional stock because they have stuck with us through our transitional phases. Many of our shareholders have held this stock for several years. Now, along with newer shareholders, they will become beneficiaries of our anticipated growth."
"The management would like to personally thank all of the shareholders of record of Daniels Corporate Advisory Company, Inc. for all of your support over the last few years. We are excited about the directions that we are headed and will continue to press on until we reach our goals and objectives," said Viola.
Declaration Date: 02/18/2016
Record Date: 04/15/2016
Payment Date: 05/15/2016
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Daniels Corporate Advisory Company, Inc.
Arthur D. Viola
Email: Onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Corporate Advisory Company, Inc. Adds Industry Professional to Board of Directors
Feb 12, 2016
OTC Disclosure & News Service
-
Daniels Corporate Advisory Company, Inc. Adds Industry Professional to Board of Directors
NEW YORK, NY--(Marketwired - Feb 12, 2016) - Daniels Corporate Advisory Co., Inc. (OTCQB: DCAC) ("DCAC"
is pleased to announce the addition of Patrick Johnson to its Board of Directors. Patrick is the CEO and Director of Victura Construction Group Inc. (OTC PINK: VICT) ("VICT"
, a vertically integrated holding company focused on strategic growth in the disaster recovery and restoration segments of the construction industry primarily in the Dallas/Fort Worth commercial and residential markets. His company's six operating subsidiaries have human assets that collectively have a history of performance achievements in industry partnerships. "Patrick's function on our board will be to provide insight on strategic acquisitions within industry segments that service the construction, consumer products, oil and gas, software, and nutraceutical industries," states Arthur D. Viola, CEO of DCAC.
DCAC is exploring other areas of concentration with VICT in the areas of Water, Fire and Storm insurance Restoration and reconstruction services regarding property damage, which are paid by Insurance Proceeds, a recession-proof opportunity within the Construction Industry, in both residential and commercial markets.
"Any venture between the two firms or a target acquisition by Daniels would benefit the Parties through providing the ability to exponentially increase the footprint of existing business through Acquisition and/or Expansion," states Patrick Johnson, CEO of VICT.
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DCAC Attracts Long Term Investment
Feb 01, 2016
OTC Disclosure & News Service
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DCAC Attracts Long Term Investment
Will Issue Anti-Dilutive Preferred Shares, Remove Debt, Build Assets
NEW YORK, NY--(Marketwired - Feb 1, 2016) - Daniels Corporate Advisory Co. Inc.'s (OTCQB: DCAC) ("DCAC"
("the Company" CEO Arthur D. Viola announces that DCAC will begin implementation of a new plan to get the Company on a fast track to a Senior National Exchange. The Company has maintained its public disclosure on OTC Markets by remaining current in its reporting obligations as a QB Venture Market Company. Corporately, DCAC is also amending its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These same anti-dilutive securities will soon become available to those common stock shareholders as of a yet to be determined record date. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free and to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
Arthur D. Viola, CEO of Daniels Corporate Advisory Co Inc., said, "This new plan is absolutely necessary in order to attract long-term, corporate development type investment in DCAC. We will also be able to restore investor confidence, if we commit ourselves to remove affiliate & non-affiliate debt, and build net stockholders equity on the balance sheet. This is a process that we are committed to forging ahead with, our resolve to complete those tasks are a function of effort, teamwork and time."
He further states, "We have expanded the Corporate Strategy Consulting Segment of the Company with the addition of a very qualified team of professionals that will aid us in the implementing of this strategy and fulfill our mandate. Additionally, DCAC will seek to have more of a transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be made more thoroughly aware through public disclosure and record."
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Daniels Corporate Advisory Co., Inc.
Arthur D. Viola
Chairman and CEO
(347) 242-2148
onewallstreetn@aol.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Daniels Negotiating Two Italian Café Acquisitions for Food and Beverage Group
Oct 14, 2015
OTC Disclosure & News Service
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NEW YORK, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Daniels Corporate Advisory Co. Inc. (OTCQB
CAC) today announced that it is conducting negotiations and due diligence on two promising Italian Café acquisitions by the Company’s Food and Beverage Group. Combined, the two Italian Cafés generate $1 million in annual sales with approximately $300,000 EBITDA. The Cafés are both located on Long Island’s affluent North Shore and the Company expects to complete both acquisitions by the end of November 2015. Daniels Corporate Advisory recently announced that the Food and Beverage Group, formed in July 2015, would focus on acquiring Italian Cafés and Clubs with Entertainment in the New York metro area. On October 7, 2015 the company executed a letter of intent for their first Food and Beverage Group acquisition, a club with entertainment also located in Long Island with over $2 million in annual Revenues and 17+ percent reconstructed earnings before taxes.
In addition, Daniels Corporate Advisory is actively seeking advisory board members and qualified management candidates with experience in owning and operating successful chain establishments and entertainment venues.
Acquisition terms for the two Italian Cafés will follow the model Daniels has established which provide the seller an initial cash payment with notes payable in two equal installments in years two and three following the acquisition. The seller may elect to convert the notes to shares in Daniels Corporate Advisory at a discount to market, which provides opportunity for appreciation to the seller and retains cash reserves for Daniels Corporate Advisory.
“We are developing good momentum and are seeing an increasing number of potential deals cross our desks,” said Daniels Corporate Advisory CEO Arthur Viola. “We are being very selective in our process and are conducting exhaustive due diligence to assure the financials, reputation and potential of each acquisition correlate with the integrity of our Food and Beverage Group.”
Daniels’ Food and Beverage Group is focused on acquiring Italian Cafés and Clubs with Entertainment with annual sales from $300,000 to $3 million that are cash-flow positive. Once acquired, Daniels Corporate Advisory professionals with specific niche experience will fine-tune operations and marketing in the expansion of each acquisition with eventual integration into a unified and themed brand entity.
The Company will continue to provide updates on acquisitions on a regular basis.
About Daniels Corporate Advisory Company, Inc.
Daniels Corporate Advisory Company, Inc., a corporate strategy and business incubation Company, acquires niche business opportunities in predetermined industries. With the creation of unique growth modeling, DCAC provides capital, human resources, marketing concepts and sales strategies to each of their target acquired business entities. The Company deploys a professional team, each with business acumen suited to a particular acquired industry segment, working diligently in providing collective expertise with the objective of adding growth and earnings. DCAC believes successful executions and economies of scale create lower-cost financing options and provides strong consolidated financial matrixes. www.danielscorporateadvisoryco.com
Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause DCAC's actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. Management undertakes no obligation to update any forward-looking statements after the date of such statements.
CONTACT:
Arthur D. Viola
347-242-3148
onewallstreetn@aol.com
Copyright © 2015 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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