Aug 22, 2007
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.
SKYBRIDGE TECHN GROUP INC (OTC:SKGO) operates in the Wireless telecommunications industry.
SKYBRIDGE TECHN GROUP INC company overviewSKYBRIDGE TECHN GROUP INC's most recent stock split was on August 22, 2007. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
SKYBRIDGE TECHN GROUP INC (OTC:SKGO) has split its stock 5 times: a 1-for-300 reverse split on January 30, 2002, a 10-for-1 split on September 25, 2003, a 1-for-200 reverse split on March 20, 2006, a 1-for-1000 reverse split on January 31, 2007, and a 1-for-1000 reverse split on August 22, 2007.
SKYBRIDGE TECHN GROUP INC has split its stock 5 times. This history records 5 splits between January 30, 2002 and August 22, 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 SKYBRIDGE TECHN GROUP INC's 1-for-1000 reverse split on August 22, 2007, 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.
SKYBRIDGE TECHN GROUP INC has not announced a new split in our records. Its most recent split was on August 22, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:SKGO split will appear on this page.