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DCAC
Daniels Corporate Advisory Co Inc

Common Stock

Daniels Corporate Advisory Co Inc

Parker Towers

104-60

Forest Hills, NY 11375

Last Verified 03/2022
Business Description
May 31, 2021: During the May quarter, our consolidated quarterly results continued to show that Daniels' aim as an incubator for start-up and early stage mini-cap companies continues to be fulfilled Its goals for advising and financing its premier subsidiary in the Transportation Services segment of the Trucking Industry continue to be met and exceeded. Daniels continued to umbrella the Payless expansion through financing sources expensive in nature. Parent Company Management believes the capital costs incurred were warranted and helped produce another stellar quarter for its key growth engine - Payless Truckers, Inc. The May 31, 2021 Quarter - The Payless Truckers Subsidiary had Total Revenues ...
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Financial Reporting
Reporting Status
U.S. Reporting: SEC Reporting
Audited Financials
Audited
Latest Report
CIK
0001498291
Fiscal Year End
11/30
Company Officers & Contacts
Nicholas D. Viola
CEO

Nicholas Viola was appointed as our chief executive officer on April 1, 2019. Mr. Nicholas Viola was a key technology professional who spent his entire career in analytics for an Electric Testing Laboratory. He provided the mathematical analysis necessary to evaluate operating models of major National Brands in Heating & Refrigeration. Since retiring, and after many years of following and analyzing mini/micro company investments in the stock market, he is now a professional investor, and continues to use his analytical insights in the review of a candidate's financial strength and recommendations for action. Prior to his appointment, Mr. Nicholas Viola provided administrative and analytical support to Daniels. Mr. Nicholas Viola is the brother of Arthur Viola, now President of Daniels.

Keith F Voights
CFO

Keith L. Voigts was appointed as our chief financial officer on April 15, 2019. Prior to his appointment, Mr. Voigts was, and remains, chief financial officer of our wholly-owned subsidiary, Payless Truckers, Inc. He has served Payless in this capacity since April 1, 2018. Mr. Voigts is a seasoned financial officer/executive of private and public entities and a retired partner of KPMG International. Throughout his career, he contributed to fast-growing companies by creating building blocks for hyper-growth. Mr. Voigts has demonstrated people/interactive skills at the highest levels of corporate America and with financial service providers. Mr. Voigts is highly-experienced in SEC reporting, budgeting and planning, both short and long-term. Mr. Voigts received a degree in Accounting from the University of Iowa and completed subsequent programs at both Harvard and Stanford. He is a certified public accountant (retired).

Arthur D. Viola
VP, Strategy

Arthur Viola, Daniels Corporate Strategy Officer possesses thirty years of expertise in the planning and execution of LBO and MBO (leveraged buyout and Management Buyout Transactions) in the nano - cap and micro cap sectors. He provides extensive knowledge in corporate structure alternatives that expedite capital raising from an extensive financial network. His structuring positions the private client as a subsidiary, that is incubated through offerings of leveraged acquisition transactions and ultimately the least dilutive options for public existence. He is known for the successful development of a start-up/roll-up model that created a new division of a mini-cap public company and for taking it to $8 million in generic revenues with EBITDA of $680,000 in a record 13 months. Most recently, Mr. Viola structured and managed the launch of Daniels Corporate Advisory Company (DCAC) through creation of a subsidiary spin-off strategy that allows for one of the lowest cost capital alteratives in the nano-cap and micro-cap markets. With skills developed at the Fortune 500 and the Merchant Banking / Corporate Finance Department of a major institution, Athur developed his corporate development mode and the experience to provide senior executive oversight management to any nano-cap or micro-cap subsidiary - spin-off investment in financial services, financial markets, manufacturing,healthcare, distribution and in Transportation, (Trucking).

Board of Directors
Nicholas D. Viola
CEO

Nicholas Viola was appointed as our chief executive officer on April 1, 2019. Mr. Nicholas Viola was a key technology professional who spent his entire career in analytics for an Electric Testing Laboratory. He provided the mathematical analysis necessary to evaluate operating models of major National Brands in Heating & Refrigeration. Since retiring, and after many years of following and analyzing mini/micro company investments in the stock market, he is now a professional investor, and continues to use his analytical insights in the review of a candidate's financial strength and recommendations for action. Prior to his appointment, Mr. Nicholas Viola provided administrative and analytical support to Daniels. Mr. Nicholas Viola is the brother of Arthur Viola, now President of Daniels.

Keith F Voights

Keith L. Voigts was appointed as our chief financial officer on April 15, 2019. Prior to his appointment, Mr. Voigts was, and remains, chief financial officer of our wholly-owned subsidiary, Payless Truckers, Inc. He has served Payless in this capacity since April 1, 2018. Mr. Voigts is a seasoned financial officer/executive of private and public entities and a retired partner of KPMG International. Throughout his career, he contributed to fast-growing companies by creating building blocks for hyper-growth. Mr. Voigts has demonstrated people/interactive skills at the highest levels of corporate America and with financial service providers. Mr. Voigts is highly-experienced in SEC reporting, budgeting and planning, both short and long-term. Mr. Voigts received a degree in Accounting from the University of Iowa and completed subsequent programs at both Harvard and Stanford. He is a certified public accountant (retired).

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
TPS THAYER, LLC

1600 Hwy. 6

Suite 100

Sugar Land, TX 77478

Profile Data
SIC - Industry Classification
8742 - Management consulting services
Incorporation Information
NV, US, 2002
Employees
10 as of 04/20/2019
Shell
No
Products and Services

The Company is operating through the corporate strategy segment of its business. It continues to focus on building its own critical mass through creation of start-up subsidiaries. Once massive it will attempt listing on a major Stock Exchange. This growth path includes internal as well as external (through acquisition) growth funded by cash flow and common stock. As a result, we formed Payless Truckers, Inc. (“Payless”), a wholly-owned subsidiary which was incorporated in the State of Nevada, on April 11, 2018. Payless is a start-up, service company in the trucking industry. It has two business segments with its launch and current results coming from the “flip” segment, whose principal business is to acquire class 8 heavy duty trucks, refurbish them, add location electronics, advertise and sell to independent drivers and operators. The second segment is the “credit rebuilding segment” where class 8 heavy duty trucks, owned by Daniels/Payless, are rented to experienced independent drivers. These independent drivers rent for a period of up to five years, and have the option to buy the vehicle at retail value every six months

Company Facilities

Payless Truckers, Inc. is located at 15138A Mills Road, Gulfport, MS 39503. Payless’ space is under a two-year lease at $2,500 per month, ending October 31, 2021. It is expected that the lease will renew. The facility is a truck modification facility (6,500 sq. ft.) along with office space for administrative and sales staff, (360 sq. ft.) As many as six class 8 trucks can be located inside the space comfortably. The space includes normal equipment, including a welder and an air compressing system. Tools, shop supplies, lights and truck repair parts are placed around the space. On one side of the building is a cement ramp that can be used for loading and unloading parts and equipment. The office includes two rooms—one is used for purchasing, sales and plant oversight while the other space is for administration and accounting. Floors are all cement. Parking for trucks and staff is adequate and is covered with a limestone rock layer.

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