Arthur Viola, a major owner of Daniels Corporate Advisory Company, Inc. and Daniels Corporate Advisory Company, Inc.'s CEO and a director of the company, has just filed an initial statement of beneficial ownership where 30,466,077 shares of Daniels Corporate Advisory Company, Inc. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Viola. Viola operates out of , . Some additional info was provided as follows:
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 o
ver 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
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
To receive a free e-mail notification whenever Daniels Corporate Advisory Company, Inc. makes a similar move, sign up!
Other recent filings from the company include the following: