Dec 02, 2013
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Paradigm Oil and Gas, Inc. (OTC:PDGO) operates in the Oil & gas production industry.
Paradigm Oil and Gas, Inc. company overviewParadigm Oil and Gas, Inc.'s most recent stock split was on December 2, 2013. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Paradigm Oil and Gas, Inc. (OTC:PDGO) has split its stock 3 times: a 3-for-2 split on February 7, 2005, a 1-for-300 reverse split on September 5, 2008, and a 1-for-10 reverse split on December 2, 2013.
Paradigm Oil and Gas, Inc. has split its stock 3 times. This history records 3 splits between February 7, 2005 and December 2, 2013.
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 Paradigm Oil and Gas, Inc.'s 1-for-10 reverse split on December 2, 2013, every 10 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.
Paradigm Oil and Gas, Inc. has not announced a new split in our records. Its most recent split was on December 2, 2013, 12 years ago. Companies announce splits in advance, and any new OTC:PDGO split will appear on this page.