Notification That Annual Report Will Be Submitted Late (nt 10-k)
March 01 2021 - 5:24PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
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SEC
File Number
000-54762
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(Check
one):
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[X] Form
10-K [ ] Form 20-F [ ] Form
11-K [ ] Form 10-Q Form 10-D [ ] Form
N-SAR
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[ ] Form
N-CSR
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For
Period Ended: November 30, 2020
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[ ] Transition Report on Form 10-K
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[ ]
Transition Report on Form 20-F
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[ ]
Transition Report on Form 11-K
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[ ]
Transition Report on Form 10-Q
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[ ]
Transition Report on Form N-SAR
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For
the Transition Period Ended:
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Read Instruction (on back page) Before
Preparing Form. Please Print or Type.
Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
If
the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART
I - REGISTRANT INFORMATION
Daniels
Corporate Advisory Company, Inc.
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Full
Name of Registrant
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Former
Name if Applicable
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Parker
Towers, 104-60 Queens Blvd., 12th Floor
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Address
of Principal Executive Office (Street and Number)
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Forest
Hills, New York 11375
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City,
State and Zip Code
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PART
II - RULES 12b-25(b) AND (c)
If
the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if appropriate)
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[X]
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(a)
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The
reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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[X]
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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR,
or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be
filed on or before the fifth calendar day following the prescribed due date; and
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[X]
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(c)
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The
accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART
III –NARRATIVE
State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could
not be filed within the prescribed time period.
The
Registrant is unable to file its Annual Report on Form 10-K for the fiscal year ended November 30, 2020 (the “Report”)
by the prescribed date of March 1, 2021 without unreasonable effort or expense because the Registrant needs additional time to
complete certain disclosures and analyses to be included in the Report. In accordance with Rule 12b-25 promulgated under the Securities
Exchange Act of 1934, as amended, the Registrant intends to file the Report on or prior to the fifteenth calendar day following
the prescribed due date.
PART
IV - OTHER INFORMATION
(1)
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Name
and telephone number of person to contact in regard to this notification.
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Nicholas
Viola
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(347)
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242-3148
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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Have
all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required
to file such report(s) been filed? If answer is no, identify report(s). Yes [X] No [ ]
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(3)
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Is
it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will
be reflected by the earnings statement to be included in the subject report or portion thereof? Yes [X] No [ ]
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If
so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
Daniels
Corporate Advisory Company, Inc., a Nevada corporation (the “Company”), expects that a significant change in results
of operations from the last fiscal year will be reflected by the earnings statements to be included in its Annual Report on Form
10-K for the fiscal year ended November 30, 2020, including an increase in gross profit; an increase in operating expenses; an
increase in loss from operations; a decrease in other expense; and a decrease in net loss. The Company has not finalized its financial
statements for the fiscal year ended November 30, 2020 and accordingly, is unable to quantify the anticipated changes in its results
of operations at this time.
DANIELS
CORPORATE ADVISORY COMPANY, INC.
(Name of
Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date:
March 1, 2021
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By:
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/s/
Nicholas Viola
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Nicholas Viola,
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Chief
Executive Officer
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Daniels Corporate Advisory (CE) (USOTC:DCAC)
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