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Bullboard - Stock Discussion Forum Amilot Capital Inc V.ACI.H

Alternate Symbol(s):  FMXVF

Metals & Mining Gold
Amilot Capital Inc. is a Canada-based gold exploration and development company with contractual interests in gold properties in Colombia, South America. Its mineral properties are the Ancal/Marmato Project, located in the Marmato/Caramanta district in the Caldas and Antioquia Departments of Colombia, and the Nortol project, including the Papayo property, located in the northern part of the... see more

TSXV:ACI.H - Post Discussion

Amilot Capital Inc > Name Change - Amilot Capital Inc - Shares 10:1 Consolidation
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Post by Jonathan430 on Jun 25, 2018 11:07pm

Name Change - Amilot Capital Inc - Shares 10:1 Consolidation

What to expect end of June 2018.

On March 20, 2018, at the Annual General and Special Meeting of the Company, the shareholders adopted the Company’s stock option plan, approved a resolution to change the name of the Company to “Amilot Capital Inc.” and approved a resolution to consolidate the Company’s issued and outstanding shares on a 10:1 basis. The resolutions are expected to be implemented during the Company’s next fiscal quarter


Source:  SEDAR, Apr 2 2018 Interim Financial Statement 
Comment by TradeVibes on Jun 28, 2018 11:20pm
Consolidation does not change the overall value of our stock holdings. In fact, this will hurt the SP afterwards because people will think the price is too high for how much the company is making. I don't believe in stock consolidaiton.  Stock split is much more preferred when a company has a high SP. Does anyone have an update on what this company has achieved so far?
Amilot Capital Inc