The following are the Dip Switch settings based off of MAME 0.180 source code.
 
Use this information at your own risk!  The information was parsed from the MAME source code and could contain errors as to the state, order or descriptions of what the switches do.  If you find an error, please let me know on the Contact Us form and I will work on correcting the issue. 
 
 
 
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Manufactured by Toaplan / Taito America Corporation (Romstar license), Released in 1987
ROM Version: Sky Shark (US, set 1)
Print
Dip Switch:SW1
12345678FunctionOption
    OffOff  Coin A1 Coin/1 Credit*
    OffOn  1 Coin/2 Credits
    OnOn  1 Coin/2 Credits
    OnOff  2 Coins/1 Credit
      OffOffCoin B1 Coin/1 Credit*
      OffOn1 Coin/2 Credits
      OnOn1 Coin/2 Credits
      OnOff2 Coins/1 Credit
Dip Switch:SW2
12345678FunctionOption
  OnOn    Bonus Life100k Only
  OffOff    50k 200k 150k+*
  OffOn    50k Only
  OnOff    70k 270k 200k+
    OffOn  Lives1
    OnOn  2
    OffOff  3*
    OnOff  5
      Off Dip Switch DisplayOff*
      On On
       OffAllow ContinueNo
       OnYes*
ROM Version: Sky Shark (US, set 2)
Print
Dip Switch:SW1
12345678FunctionOption
    OffOff  Coin A1 Coin/1 Credit*
    OffOn  1 Coin/2 Credits
    OnOn  1 Coin/2 Credits
    OnOff  2 Coins/1 Credit
      OffOffCoin B1 Coin/1 Credit*
      OffOn1 Coin/2 Credits
      OnOn1 Coin/2 Credits
      OnOff2 Coins/1 Credit
Dip Switch:SW2
12345678FunctionOption
  OnOn    Bonus Life100k Only
  OffOff    50k 200k 150k+*
  OffOn    50k Only
  OnOff    70k 270k 200k+
    OffOn  Lives1
    OnOn  2
    OffOff  3*
    OnOff  5
      Off Dip Switch DisplayOff*
      On On
       OffAllow ContinueNo
       OnYes*
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