Jun 04, 2008
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.10.
The split itself did not change the total investment value.
Sunset Island Group, Inc. (OTC:SIGO) operates in the Agricultural commodities/Milling industry.
Sunset Island Group, Inc. company overviewSunset Island Group, Inc.'s most recent stock split was on June 4, 2008. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Sunset Island Group, Inc. (OTC:SIGO) has split its stock 5 times: a 1-for-50 reverse split on March 10, 2005, a 1-for-100 reverse split on September 30, 2005, a 2-for-1 split on April 11, 2006, a 1-for-600 reverse split on November 7, 2007, and a 1-for-1000 reverse split on June 4, 2008.
Sunset Island Group, Inc. has split its stock 5 times. This history records 5 splits between March 10, 2005 and June 4, 2008.
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 Sunset Island Group, Inc.'s 1-for-1000 reverse split on June 4, 2008, every 1000 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.
Sunset Island Group, Inc. has not announced a new split in our records. Its most recent split was on June 4, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:SIGO split will appear on this page.