Current Report Filing (8-k)
January 10 2018 - 12:59PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C.
20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15
(
d
)
of
the Securitie
s
Exchange
Act of 1934
Date
of
Report
(
Date
of
earl
i
e
st
eve
n
t
reported
)
:
January 10, 2018
DANIELS
CORPORATE ADVISORY COMPANY, INC.
(Exact
Name of Registrant as
Specified
in Charter)
Nevada
(
State
of Other Jurisdiction of Incorporation
)
Parker
Towers, 104-60 Queens Boulevard
12th
Floor Forest
Hills
,
New
York 11375.
(
Address
of Principal Executive Offices)
(Commission
File Number
)
333-169128
04-3667624
(IRS
Employer Identification No.
)
Registrant's
telephone number, including area code:
(347)
242-3148
(Former
Name or Former Address
,
if Changed Since
Last
Report
)
Check
the appropriate box
below
if
the Form
8-k
filing
is
intended
to simultaneously satisfy the filing
obligation
of
the registrant
under
any
of
the
following
provisions
:
[X]
Written communications pursuant to
Rule
425
under the Securities Act [] Soliciting material pursuant to
Rule
14a-12
under
the
Exchange Act
[]
Pre-commencement
communications
pursuant
to
Rule
14d
-
2(b
)
under
the Exchange Act [] Pre
-
commencement
communication
s
pursuant
to Rule 13e-4(c
under
the
E
x
change
Act
Item 8.01.
Daniels
Corporate Advisory Company, Inc.
Current Update To Shareholders
Realignment
of Corporate Goals:- Post-Filing of the Updated Financial Statements very soon.
To
limit dilution and raise lower cost capital for expansion, Daniels Chairman & CEO, Arthur D Viola, has restructured the Daniels
Corporate Strategy Model. Now, the primary focus for overall corporate growth is the arranging of Vertical Acquisitions;
the acquiring of companies by existing and newly-created subsidiaries. Two subsidiary acquisitions are planned with Daniels
(The Parent) owning the equity during the growth acceleration phrase. Incumbent operating management of the acquisitions will
control the day to day operations and receive significant equity stakes at spin-off, based on results. Senior management
of the parent and the virtual specialists aligned with it will provide financial oversight and corporate development/market planning/expansion
capabilities.
As
the subsidiary acquisition(s) are completed an S-1 Registration will be prepared and filed for each and shares, as a dividend,
distributed to the shareholder base of Daniels, ("DCAC").
This
approach will create the avenues to raise capital while lowering the overall cost through the use of multiple subsidiary stocks
in the DCAC portfolio. It will also allow DCAC (the Parent) to arrange a major transaction for itself, one that can be financed
through private equity firms. This type of financing is longer term in nature ( financing for five to seven years) and the
firms that provide it also provide senior and operating management support if called upon to do so.
The
down payment and initial working capital amounts for the acquisition transactions for the subsidiaries will be provided by Arthur
D. Viola, Chairman & CEO of Daniels ("DCAC"). The discounted amount of his back Salary/Compensation (now at $685,000)
has been converted to an aged Convertible Preferred with the same features and rights that a normal Hedge Fund Convertible Note
encompasses. Allowing for the customary discount to market on the sales of these shares. a significant amount of 'longer
term" capital, estimated at $1,370,000 can be raised.
In
the very near future, the updated financial statements will be filed with the SEC bring DCAC to up to date status as an up to
date, fully-reporting public company. Upon their filing, an S-1 Registration will be filed to register Mr. Viola's shares.
Block sales to institutional investors, those with longer term investment horizons, are contemplated. Initial contact has
already been made with several firms that like the overall Daniels model and also the fact that the creator of the model, Arthur
Viola, is willing to pledge all his compensation for the benefit of DCAC and its shareholder base.
Mr.
Viola stated " With the conversion of all my all my back salary/compensation for acquisition down payment and working capital
amounts and the use of multiple public subsidiary stocks - (with small initial floats and higher stock valuations),-
as additional acquisition tender, Daniels (the parent) should be able to make a major acquisition, one that will make Major
Exchange Listing. I am "all in" and hope the shareholder base will be as well, by continuing to be patience and giving us the
addition time necessary to make DCAC a major success story." I am not getting any younger, this will happen as fast as humanly
possible and be for the benefit of all the shareholders."
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934
,
the
registrant
has
duly
caused this report to
be
signed
on its
behalf
by
the undersigned hereunto
dul
y
authorized.
DANIELS
CORPORATE ADVISORY COMPANY, INC.
Date:
January 10, 2018
By:
/
s
/
Art
hu
r
Viola
Arthur
Viola
Chief
Executive Officer
Daniels Corporate Advisory (CE) (USOTC:DCAC)
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