$DCAC - News Out ---> Daniels Corporate Advisory Co. Inc. ("DCAC"
Files Audited Statements:
EW YORK, July 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Daniels Corporate Advisory Company, Inc. ("DCAC" (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.
Files Audited Statements: EW YORK, July 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Daniels Corporate Advisory Company, Inc. ("DCAC"
(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.
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