Mar 05, 2015
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $0.60.
The split itself did not change the total investment value.
POINT TO POINT METHODICS INC (OTC:PPMH) operates in the Packaged software industry.
POINT TO POINT METHODICS INC company overviewPOINT TO POINT METHODICS INC's most recent stock split was on March 5, 2015. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
POINT TO POINT METHODICS INC (OTC:PPMH) has split its stock 4 times: a 1-for-4 reverse split on February 19, 1999, a 1-for-200 reverse split on September 9, 2005, a 1-for-50 reverse split on February 8, 2008, and a 1-for-100 reverse split on March 5, 2015.
POINT TO POINT METHODICS INC has split its stock 4 times. This history records 4 reverse splits between February 19, 1999 and March 5, 2015.
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 POINT TO POINT METHODICS INC's 1-for-100 reverse split on March 5, 2015, every 100 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.
POINT TO POINT METHODICS INC has not announced a new split in our records. Its most recent split was on March 5, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:PPMH split will appear on this page.