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Was just about post bacially what you already posted, lol. The MM's are obviously messing around here. Had a couple small trades take it down to .0007, then the bid and ask increase out of nowhere and we start getting some hits. They're gonna let it go soon IMO.
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.0012 seems to be the resistance here. There's been close to 4 million traded here now and no uptick. It is nice though to see all these trades going through here.
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I dont get it, these PINKIES sometimes baffle me. They get played out by MMs, how can a company record a whopping 850% increase in revenue second quarter over same period last year and still be trading this low, and dragged down this low???
SkyBridge Technology Group, Inc. ''SBTG'' Announces That It Has Released Its Financial Report for Second Quarter Thursday September 14, 9:29 am ET
LAS VEGAS--(BUSINESS WIRE)--Sept. 14, 2006--SkyBridge Technology Group, Inc. (OTC:SBTG - News) Board of Directors has announced today that SBTG has released its financial report for quarter ending 6/30/06. ADVERTISEMENT
States James Wheeler, CEO of "SBTG," "We are pleased with our 1st financial report since the acquisition of Sierra Pacific Aviation." Revenues for the six months ending June 2005 were reported as $8,765.00. Revenues for the six months ending June 2006 jumped to $74,496.00, an increase of over 850%. During the same period, cost of revenues declined. During the period the company reported assets of $528,837 and SkyBridge has retired its outstanding debt load by $411,302 through a negotiation and a variety of financial transactions. Wheeler also states: "SkyBridge will continue to negotiate debt reductions to increase profitability by putting more resources into future growth."
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
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But Hitman, This company may be a small company, but it is definitely valued more than .001 its sitting at right now,..... They have been consistent. Inclined to growth, and they've shown this in their revenues, acquisitions etc,.... why it is this UNDERVALUED and UNDERSOLD is what baffles me. I hope these MMs die a million times in hell.
-------------------- Please do your DD. Break some bread with me!
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-- Period -- -- High -- -- Low -- 5-Day 0.0018 on 09/21/06 0.0007 on 10/20/06 20-Day 0.0038 on 08/31/06 0.0007 on 10/20/06 65-Day 0.0140 on 07/28/06 0.0007 on 10/20/06 100-Day 0.0500 on 05/19/06 0.0007 on 10/20/06 260-Day 0.1100 on 03/20/06 0.0007 on 10/20/06 Year to Date 0.1100 on 03/20/06 0.0007 on 10/20/06
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SkyBridge Technology Group, Inc. 'SBTG' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) Will Provide Contract Crew for Premiere Air Charter's Cessna 421 and King Air 100 Aircraft Business Wire - November 06, 2006 12:42
LAS VEGAS, Nov 06, 2006 (BUSINESS WIRE) -- SkyBridge Technology Group, Inc.'s (OTC: SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation, Inc. added another Part 135 pilot services contract with Premiere Air Charter in San Diego, CA. Sierra Pacific will provide contract crew for Premiere Air Charter's Cessna 421 and King Air 100 aircraft. This will continue to expand Sierra Pacific's pipeline for pilot placement which in turn enhances opportunity for Sierra Pacific existing and future Commercial and Airline Transport Pilots. "This is another strong sign of the growth of air charter, and we feel we are in a great position to service this growing market," said Scott Hughes, Vice President of Sierra Pacific.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.