Agritek Holdings, Inc. (OTCPK:AGTK) announced the spin-off of an unknown majority stake in Maxx eSports Inc., on July 29, 2020. Pursuant to the terms, all shareholders of Agritek Holdings, Inc., will receive a dividend share of Maxx eSports on the dividend record date when announced upon the S-1 filing expected to be filed in August 2020.