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Daniels Corporate Advisory Company, Inc. (DCAC)

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  • GlobeNewswire

    Daniels Corporate Advisory Co. Inc. (“DCAC”) Incubator of Start-ups fulfills Corporate Aim — Acceleration of Subsidiary Growth.

    February 28, 2021 Quarter New York, New York., April 19, 2021 (GLOBE NEWSWIRE) -- Daniels consolidated quarterly results are indicative of an incubator fulfilling its corporate aim - successfully achieving its goal of advising and financing its premier subsidiary in the Transportation Services segment of the Trucking Industry. Daniels continued to umbrella the expansion efforts of its subsidiary through financing sources that continue to be expensive in nature. Management believes the capital costs were warranted and helped produce a stellar performance for its key growth engine - Payless Truckers, Inc. For the Quarter, Payless Truckers had Total Revenues of $1,212,914 and Gross Profit of $450,782. Its net profit was $84,668 and its EBITDA $164,516. Gross Margins / profits expanded significantly for both Payless businesses due to strong product demand and improved cost controls. The subsidiary is on track to do close to $4.5 Million in revenue with significant profit potential. In comparison, for entire fiscal year 2020, Payless booked a small loss and EBITDA of $71,470. The flip business - that could be categorized as “truck trading” - selectively buys, adds electronic improvements for safety and location, provides cosmetics, advertises and resells — booked Truck re-sales of $995,852. Astute trading acquired the trucks at a direct cost of $686,296. Added related costs produced a cost of goods sold of $757,429.62, for a 24P% gross profit margin. During the quarter, especially In January and February, truck prices were strong, allowing our re-sales to generate high margins. The Program business — our rental fleet that now numbers twenty-two trucks - had rental income of $209,640 for the quarter with direct costs of only $5,000. A year ago, this business only generated $22,000 In rental income with nominal costs. This continues to be a high margin business, and the one that has the potential to be scale- able for significant growth because of its predictable gross cash flow / earnings potential stream. During the quarter ending February 28, 2021, the Rule 144 aging process continued to mature for In- house, longer term financing. One hundred & Fifteen Million equity shares were individual grants by the parent company as an addendum to the original start-up agreement. The grants were created for a specific purpose — for Senior oversight financial management. operations managers and retained consultants — to participate voluntarily in the growth of the Payless Subsidiary and ultimately in subsequent client/subsidiaries. The Grant shares will be eligible for sale during May 2021. Negotiations with long term straight debt non-dilutive lenders and Preferred Stock financiers started in earnest during the quarter and progressed to a point where Daniels’ senior management believes levered financing to take Payless to its first plateau — of 100 rental fleet trucks- is achievable and will start during the May 31, 2021 Quarter. Leveraged finance closings will occur in stages supported by insider sales of equity shares already counted in the outstanding share count of Daniels. The timing of equity sales will be to meet the current operating capacity of Payless. Board level discussions are taking place to expand the Payless operating facility to speed up the expansion. (Relocation to larger rental quarters may be necessary). The combination of straight debt, Preferred Stock and timed insider equity capital sales/ infusions will reduce dependence on expensive private loans secured against trucks. Blended Public market-rates for financing, will allow Daniels / Payless to service a larger debt load and accelerate growth prospects. Our cost of capital should drop significantly from current levels. Press Release Contact: Nicholas ViolaCEOEmail: onewallstreetn@aol.com

  • GlobeNewswire

    Daniels Corporate Advisory Co. Inc. (“DCAC”) Announces the Development of Multiple Areas of Expansion.

    New York, New York, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Daniels Corporate Advisory Company (OTC: "DCAC") Opportunities worked on the last several months are delivering promising results. These new inroads to growth, now acceptable to third party capital providers are possible by the visibility the overall Company is receiving from our Transportation Services subsidiary, Payless Truckers Inc. For the month of October, Payless had total income of $270,820 that generated Gross Profit of $108,845. Our Program Trucks generated $75,291 of that amount in truck rental income and make ready fees for our fleet and contributed to a Net Profit of $32,026 for the month. The November results will be released shortly. In November we added an additional ten trucks to the fleet bringing our fleet to a total of 18 trucks generating an estimated monthly rental income of approximately $58,500 before debt service payments to our private equity lenders and a five percent maintenance reserve.Negotiations are continuing with all the parties that were mentioned in our last press release. We expect to conclude most of these deals by year end. During the rest of this month, as we close on the most important we will update shareholders. These relationships include the formal announcement of our deal with Ihander International (the Think Tank) and the potential it adds to the expansion of the Daniels corporate strategy model as an incubator of promising start-ups or early-stage companies. Our discussions included the review of additional concepts for a second subsidiary. This broader view of the Company aided by the addition of another subsidiary creates opportunities for the entire company to attract additional funding from sources that are more long term in nature.Safe Harbor for Forward-Looking Statements:The statements above regarding the Company' s expectations, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Daniels Corporate Advisory Co. Inc. filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.Press Release Contact: Nicholas Viola CEO Email: onewallstreetn@aol.com

  • GlobeNewswire

    Daniels Corporate Advisory Co. Inc (DCAC") Increases Capitalization For (a) Creation of Lower Cost External Financing (b) Creation of Internal Options.

    New York, New York, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Daniels Corporate Advisory Company (OTC: "DCAC" ) A private in-house funding source has indirectly been established through the issuance of 115,000,000 shares of 144 stock. The shares have been issued to the senior oversight executives and operations executive management of Daniels and its subsidiary Payless Truckers, Inc. Shares have also been issued to the principals of a Think Tank and to financial advisory professionals committed to fundraising. Over the next six months, every available source of capital will be pursed and closed, even the most expensive forms. The objective is and always has been for the rapid expansion of our high earning rental fleet and the use of its monthly generated cash flows for financing internal growth. The funds that are raised and eventually repaid through the trading activity of the common stock of Daniels (and not by a drain on the internal cash flows) will be leveraged with Term Loans from an institution and private high-net-worth loan money investors (without equity issuance)  There are many uncertainties overhanging the Stock Market that should come to a head at the start of the New Year. Our expectations for the dollars raised from our Reg A equity offering at the beginning of the new year remain conservative. Even at our lower .estimate, the use of additional draw down amounts from Term Loan money will provide a leveraged capital base that could still help us toward attaining success in our first growth stage of Payless Truckers, Inc. The success of this initial stage brings our fleet size to 100 trucks generating a projected monthly Gross Rental of $325,000. Over a twelve month period this should produce Gross Rental Income of $3,900,000. These projections, to be included and updated to actual results as we advance in the Reg A fundraising process, should produce a fair market multiple that establishes a stock price range that makes the distribution of our Offering interesting to those market-makers/broker dealers that normally participate in quality Reg A Offerings, One of the main uses of the Offering Proceeds will be the reduction of the most expensive types of financing taken earlier.After Completion of The Reg A Offering:Use of the 115,000,000 shares: These shares were issued to reward past efforts and to incentivize long term allegiances. After the six month hold period on the 115,000.000 shares all management recipients are in agreement that as shares are sold under 144 volume restrictions a large percentage of the proceeds will be invested in the rental truck program to continue the expansion of our rental fleet. All private individual investors, now including our management, will receive 20% interest on their funds in our 48 month loan amortization program secured against discounted purchases of heavy-duty cabs/tractors (We are studying ways to include our stockholder base, either on a individual basis, or collectively, in this loan program. Reason for their participation: as our fleet grows are earnings will improve and so will our stock price.)Safe Harbor for Forward-Looking Statements:The statements above regarding the Company' s expectations, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Daniels Corporate Advisory Co. Inc. filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.Press Release Contact: Nicholas Viola CEO Email: onewallstreetn@aol.com