Initial Statement of Beneficial Ownership (3)
August 26 2015 - 9:53AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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VIOLA ARTHUR
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2. Date of Event Requiring Statement (MM/DD/YYYY)
8/10/2015
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3. Issuer Name
and
Ticker or Trading Symbol
Daniels Corporate Advisory Company, Inc. [DCAC]
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(Last)
(First)
(Middle)
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__
X
__ Director
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X
___ 10% Owner
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X
___ Officer (give title below)
_____ Other (specify below)
CEO /
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(Street)
(City)
(State)
(Zip)
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5. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Common Stock
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30466077
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D
(1)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4)
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2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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On August 10, 2015, the registrant issued 20,000,000 shares of its common stock to Arthur D. Viola, DCAC's chairman, chief executive officer, chief financial officer, principal accounting officer, treasurer, secretary, and sole director as consideration for continued employment over the next twelve months and for the aforementioned responsibilities. The shares were issued at a per share value of $0.01 per share, due to the restrictions on transfer imposed by the Securities Act of 1933, as amended. In that regard, the shares bear a Rule 144 legend restricting their transfer as required by the Securities Act. Prior to the issuance of the 20,000,000 shares, Mr. Viola owned a total of 10,466,077 shares of DCAC common stock. Following the issuance of the 20,000,000 shares, Mr. Viola owns 30,466,077 shares of DCAC common stock
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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VIOLA ARTHUR
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X
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X
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CEO
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Signatures
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/s/ Arthur Viola
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8/26/2015
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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