Sunday, September 23, 2018 2:47:44 PM
“Further, the completion of the audit and subsequent uplist will allow for the previously announced spinoff of the Interloc-Kings Inc. subsidiary. In conjunction with the spin-off, shareholders will be awarded with a special dividend in the newly formed entity based upon their holdings in Amfil Technologies Inc (AMFE). This initiative has been developed to fuel the growth for each subsidiary and will provide a well-deserved bonus to the shareholders who have held strong and supported us through this period of growth and development. Specific details relating to the spinoff, including the record-date, plans for the new entity, and awarded share ratios of the special dividend will be announced in a future press release.”
Do we know the cut-off date for shareholders to receive “dividend” and has anyone experienced the benefits of such a maneuver that can explain what shareholders can possibly expect?
Thanks in advance.
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