Replies to post #271082 on The Golden Lounge

[AKAPAK]

Guess we have to stick to the pos type stocks for awhile - the market doesn't seem to have any direct effect on them :)

[antman]

AMFE is spinning off one of their subsidiaries called "Interloc-Kings"....and will be giving a new additional share- one for one, to existing shareholders of record date -


"The spin off will occur upon completion of the previously announced company audit, form-10 re-registration to become fully SEC reporting, and up-list submission once our fiscal year-end June 30th 2017 is completed. Management will determine a record date, all shareholders of Amfil Technologies Inc. (AMFE) on the record date will then be awarded a pro-rata share dividend of the new entity which will house Interloc-Kings Inc., the amount of which will be based upon their holdings in AMFE. Amfils management feels that the spin-off of Interloc-Kings Inc. is the perfect opportunity to provide a well deserved bonus to our loyal shareholders, with potential for significant growth moving forward for their holdings in both entities."


https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Announces-Shareholder-Dividend-From-Subsidiary-Spin-Off?id=162636&b=y