Skybridge Tech Group (SKGO)

[Domerfan17]

(SKGO) NEWS 12 month revenue
$4.3 million with a pretax profit of just over $911K

NANCHANG, China, Feb. 4 /PRNewswire-FirstCall/ - Skybridge Technology Group, Inc. (SKGO) (http://www.skybridgetechgroup.com) management and its operating subsidiary Sanhe Tech http://www.sanhetech.com/acomjx_com/wz/jxshkj/default1.asp concerned about the recent and unexpected share price decline are releasing Sanhe Tech financial statements only. Note: These figures do not include the company's other operating subsidiary Shot In The Gas (USA based operation) and are not consolidated statements.

The report will be filed on Pink Sheets today. The report from China actually has the 12 months operations ending Dec 31, 2009. We have converted the 12 month total to USD (highlighted in yellow). The numbers overall look good with revenue for the year close to $4.3 million with a pretax profit of just over $911K.