Daniels Corporate Advisory Company, Inc. (OTC Pink: DCAC) Surges 200% After Cancelling Reverse Merger, Focus On Regaining Full-Reporting Status
Daniels Corporate Advisory Company, Inc. (OTC Pink: DCAC) is engaged as a corporate consulting firm, which specializes in business strategy and funding. Shares of the consulting company shot up 200% on Thursday, August 10, 2017. Over the past month, Daniels Corporate Advisory Company, Inc. has seen average daily volume of 782,212 shares. However, volume of 1.27 billion shares or dollar volume of $381,000, exchanged hands on Thursday.
Shares of the corporate advisory service provider surged today, after the company filed an 8-K form announcing that it has cancelled its reverse split that was announced last year. Instead, management says they are focusing on getting the company back to full reporting status in order to obtain growth funding. Here is part of the 8-K detailing of the corporate announcement:
Daniels Corporate Advisory Company, Inc. 8-K Filing:
Daniels Corporate Advisory Company, Inc. (OTC: DCAC),announced today that the Company has cancelled the previously applied for 2016 reverse split. It is management’s intent to put our shareholders’ minds at ease and ultimately attract renewed buying interest.
Also, Daniels management and its service providers are busy with the updating of information needed to bring our status as a reporting company to up to date (current). Once the company is current numerous opportunities/methods for funding are available.
The important decisions/events noted above will allow management to conduct corporate actions, that benefit all DCAC Shareholders in the coming weeks and months, to further enhance shareholder value.
Daniels (OTC: DCAC) is a corporate strategy firm aimed at servicing the myriad needs of small, growing public and private companies through customized financial, operational and business strategy initiatives. From referral of clients to growth capital to the placement of senior-level team members, Daniels aim is to provide clients with unique and appropriate strategies designed to incubate and accelerate their growth in new or existing niche markets. These strategies include joint-ventures, marketing opportunities, partnerships, and potential acquisitions. Whether generic or acquisitive in nature, the optimum deal structure to accelerate growth is designed to limit the amount of time necessary for the client to achieve the requirements to list on a major stock exchange.
The DCAC corporate website can be accessed at www.danielscorporateadvisoryco.com “
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Daniels Corporate Advisory Co. Inc. to accomplish its stated plan of business. Daniels Corporate Advisory Company, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance
that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Daniels Corporate Advisory Company, Inc. or any other person.
Here is the link to the full 8-K filing: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12224800
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