Replies to post #48806 on Amfil Technologies Inc (FUNN)

[Aggie14]

Rogers tweet said they agreed on a ratio. Layman terms. If you own say 100 shrs. If it's 10:1 ratio you get 10 free shrs. 10,000 shrs. You get 1000. Of the new comp.

[i_Trade]

It was first announced as a pro-rata dividend.

We'll own an equal PERCENTAGE of the spinoff company as we do of AMFE at the date of record (to be announced).



What is 'Pro-Rata'
Pro rata is the term used to describe a proportionate allocation. It is a method of assigning an amount to a fraction according to its share of the whole. While a pro rata calculation can be used to determine the appropriate portions of any given whole, it is most commonly used in business finance.



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