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SKY Digital Stores Corp. (SKYC)

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Last Post: 12/30/2016 1:20:22 PM - Followers: 57 - Board type: Free - Posts Today: 0


Company Information

SKY Digital Stores Corp., formerly Yellowcake Mining Inc., is a mobile Internet product and application service provider. It carries global brands of Smart phones, tablets and accessories. Though Shenzhen Xing Tian Kong Digital Company Limited (XTK), its wholly owned subsidiary, operate retail stores and online e-commerce stores under Sky Digital Stores and Dasen Mobile Communications brand. Its wholly own subsidiary Donxon design, manufacture and distribute its line of mobile devices. It operates in two segments: mobile phone manufacturing and retail store. Its mobile phone manufacturing segment relates to Donxon. Retail store segment relates to Shenzhen Dasen. On May 5, 2011, it completed the acquisition of First Digital Holding Limited. On August 1, 2011, the Company incorporated a subsidiary, Xinyang City Donxon Mobile Communication Technology Company Limited. On March 12, 2012, it established Sky Digital Communication Technology Ltd.

SKYC Security Details
Share Structure
Market Value1 $904,901 a/o Sep 09, 2013
Shares Outstanding 25,854,320 a/o Nov 12, 2012
Float Not Available
Authorized Shares 750,000,000 a/o Jan 31, 2011
Par Value 0.001
Shareholders of Record 132 a/o Nov 29, 2012
Security Notes
  • Capital Change=shs increased by 30 for 1 split Ex-date=01/24/2007.
  • Capital Change=shs decreased by 1 for 200 split. Pay date=04/20/2011
Item 8.01
Other Events.
On November 29, 2012, the Board of Directors of SKY Digital Stores Corp. (the “Company”) made the decision to deregister the Company’s common stock, par value $0.001 per share (the “Common Stock”) because the financial and other costs to the Company of remaining a U.S. public company far outweigh the benefits to the Company and its shareholders of having the Common Stock registered. In particular, the difficulties faced by smaller Chinese companies in raising capital in the United States make it impossible to justify the significant expenses associated with audit, legal, regulatory and related expenses. By deregistering its Common Stock, the Company will be able to focus all of its efforts on continuing to grow its core business.
Accordingly, the Company has filed a Form 15 terminating the registration of the Company’s Common Stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”). The Company is relying on Rules 12g-4(a)(1) and 12h-3(b)(1)(i) under the Exchange Act, to terminate its duty with respect to the Common Stock. Accordingly, the Section 12(g) registration will be terminated 90 days after the filing of the Form 15, at which time the Company will have no further reporting obligations under the Exchange Act.

SO, THIS COMPANY HAS "GONE DARK" FOR THE REASONS STATED: To save expenses and focus capital on growing its core business. For example, it has built a smart phone factory in China to take advantage of domestic demand.
Now it sells the fameous Apple I-Phone and its own cheaper mobil telephones:


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Current Price
Bid Ask Day's Range
#1651   I'm still here martind18 12/30/16 01:20:22 PM
#1650   $SKYC Repost of SKYC daily volume until2017 12/30/16 01:12:55 PM
#1649   Someone knows... But they are not telling. martind18 07/01/16 09:16:28 PM
#1648   $SKYC The "sister" company AIVI is dead and going until2017 07/01/16 02:05:34 PM
#1647   This might ( strangely ) outperform its sister until2017 12/07/15 04:48:58 PM
#1646   Nice volume mojobosco 12/07/15 04:05:06 PM
#1645   $SKYC Still moving slowly until2017 11/30/15 03:57:47 PM
#1644   Yes.... Strange... And all buys at the ask. martind18 10/16/15 10:40:00 PM
#1643   Another 17k bought today??? Something must be happening mojobosco 10/16/15 10:13:50 PM
#1642   Yeah, that's unusual. until2017 10/14/15 09:52:40 AM
#1641   28.000 shares traded martind18 10/14/15 08:40:04 AM
#1640   I stopped watching this. . . . until2017 10/14/15 08:37:26 AM
#1639   Biggest volume here in years! martind18 10/13/15 06:44:25 PM
#1638   Everyone posting here ( recently and regularly ) until2017 07/10/15 04:31:51 PM
#1637   $SKYC Bid sitter makes nice score . until2017 07/01/15 10:30:28 AM
#1636   SKYC Today Symbol SKYC Last 0.035 Change until2017 06/17/15 11:26:40 AM
#1635   Yes, added one to #1633 post below: Crusader 06/15/15 10:55:10 AM
#1634   You have some links???? martind18 06/15/15 10:52:41 AM
#1633   Did you know SKYC's selling AMOLED smart phones, Crusader 06/15/15 10:51:46 AM
#1632   I think our time is here!! martind18 06/12/15 01:12:06 PM
#1631   Always remember that I own SKYC by mistake. until2017 06/12/15 12:34:45 PM
#1630   Last mention of SKYC in Xinyang news: Crusader 06/12/15 10:58:27 AM
#1629   CONTINUING TO ADD until2017 06/11/15 02:27:44 PM
#1628   There has been no English news Crusader 06/03/15 09:58:52 AM
#1627   WELL THEN : until2017 05/29/15 09:49:10 AM
#1626   I am going to buy 19,000 SKYC until2017 05/28/15 01:31:49 PM
#1625   Interesting price action here too! Crusader 05/15/15 05:03:59 PM
#1624   Well..., try as you will,... You won't be martind18 05/14/15 05:28:00 PM
#1623   And how do you regain trust by flaunting until2017 05/14/15 02:17:31 PM
#1622   My opinion has not changed. Many of martind18 05/14/15 02:07:07 PM
#1621   You said, correctly : "SKYC is connected until2017 05/14/15 02:01:37 PM
#1620   SKYC is connected with AIVI and they both martind18 05/14/15 01:46:12 PM
#1619   Sky Digital stores Co., Ltd. is a high-tech Crusader 05/14/15 01:42:41 PM
#1618   Huge spike on very low volume, Crusader 05/14/15 01:26:32 PM
#1617   100 share flare? Crusader 05/13/15 03:06:46 PM
#1616   See... If SKYC and AIVI were losers.... There martind18 03/20/15 03:00:06 PM
#1615   Martin, you are usually right, Crusader 03/20/15 01:04:34 PM
#1614   SKYC still exists and is still in business. martind18 03/19/15 07:17:05 PM
#1613   I wonder what this says about SKYC: Crusader 03/19/15 05:41:47 PM
#1612   That is certainly possible. martind18 03/18/15 12:17:29 AM
#1611   Maybe they will rise together because Crusader 03/18/15 12:16:28 AM
#1610   I have some shares here as well.... Nothing martind18 03/11/15 11:41:30 AM
#1609   Personally, as SKYC is sort of subsidiary to until2017 03/11/15 10:13:19 AM
#1608   This stock is a sleeping giant! Crusader 03/10/15 08:23:45 PM
#1607   I agree. I think they will rise together... martind18 11/25/14 10:24:14 PM
#1606   Me too. until2017 11/25/14 09:16:27 PM
#1605   I am still here. martind18 09/29/14 07:54:15 PM
#1604   SOME SKYC ACTION AT THE OPEN . until2017 09/29/14 11:18:16 AM
#1603   Agree they rise together AND Martin, Crusader 05/14/14 08:21:25 PM
#1602   Sky Digital Summary: Crusader 02/21/14 11:23:49 AM