Jul 13, 2007
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.30 to $6.00.
The split itself did not change the total investment value.
Mastermind, Inc. (OTC:MMND) operates in the Advertising/Marketing services industry.
Mastermind, Inc. company overviewMastermind, Inc.'s most recent stock split was on July 13, 2007. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Mastermind, Inc. (OTC:MMND) has split its stock 2 times: a 1-for-10 reverse split on October 22, 2004 and a 1-for-20 reverse split on July 13, 2007.
Mastermind, Inc. has split its stock 2 times. This history records 2 reverse splits between October 22, 2004 and July 13, 2007.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Mastermind, Inc.'s 1-for-20 reverse split on July 13, 2007, every 20 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Mastermind, Inc. has not announced a new split in our records. Its most recent split was on July 13, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:MMND split will appear on this page.