Education company, ProBility Media Corp (OTCMKTS:PBYA), engaged in making the first online full-service training as well as career advancement brand for skilled trades, on September 21, 2021, provided a number of corporate updates. The firm continues to comply with SEC rules and OTC markets as it is up to date with filing obligations.
In August, the company closed on the acquisition of a leading resource for tradespeople, Upstryve Inc. The transaction included issuing 692,500,000 shares of restricted common stock to its shareholders. The firm continues to settle a convertible debt in exchange for share issuance with a debt of 2017 and 2018.
Some of the major steps taken by the company since June include filing 2021 year-end financials reducing corporate debt by $8.1 million since 2018, Partnership Agreement with CM Labs and its subsidiary North American Crane Bureau as well as Partnership with BizfluenceInc, an alternative social media platform for professionals.
Noah Davis, President of ProBility Media Corp, said that the company is immensely proud of its achievements and each team member has contributed in the journey towards growth. Davis added that the firm is a leader in online learning as well as training in the vocational sector.
Furthermore, he said that with the employee group having a combined 1 billion shares of common stock, they have a significant interest in the company’s success.
Market Reaction:
On Thursday, PBYA stock fell 1.78% at $0.0116 with more than 49.28 million shares, compared to its average volume of 189.71 million shares.
