Business
ProBility Media Corp Announces Several Corporate Initiatives
ProBility Media Corp Announces Several Corporate Initiatives.
About this update from Probility Media Corp.
[{"type":"text","content":"\n\n\n\nProBility Media Corp Announces Several Corporate Initiatives\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nProBility Media Corp Announces Several Corporate Initiatives\nPR Newswire\nCOCONUT CREEK, Fla., Aug. 12, 2021\n\n\n\n Announces settlement with several convertible note holders and appoints new corporate officers\n COCONUT CREEK, Fla., Aug. 12, 2021 /PRNewswire/ - ProBility Media Corp (OTCPK: PBYA), an education company building the first online and hands on combined full-service training and career advancement brand for the skilled trades,  settles some of its convertible debt and appoints key new corporate officers within the company.  \nAs part of the recent efforts to restructure its balance sheet, the Company has successfully settled about $500,000 of convertible debt for restricted common stock.  The restricted common stock was included in the shares issued to the shareholders of Upstryve in connection with acquisition..   The note holders have stated they are encouraged by the recent strides the Company has made in bringing the company current with OTC Markets and its restructuring.\n\"We are pleased that we can continue to clean our balance sheet while adding Upstryve to the family of ProBility companies while not affecting a reverse split.  We will continue to work towards our goal of a healthy balance sheet and a business model with high growth opportunities, specifically in the online education and tutoring space for vocational trades.\" stated Noah Davis, President of ProBility.\nCompany Announces Key Corporate Officer Positions\nProBility has named Dana Jackson as Chief Operating Officer.  Mr. Jackson currently holds the position of Vice President of Sales and Marketing at North American Crane Bureau.  In addition to sales, Mr. Jackson has handled all logistics and operations for training programs.  Prior to NACB, Mr. Jackson had previously worked in sales related to education learning management systems .  Mr. Jackson holds key relationships with Fortune 500 co...