ProText Mobility Inc (TXTM)

[Cimba]

OK, try it like this.

$$TXTM Protext has received consent of its majority shareholder to release up to 35% of their 65% ownership in the Company via pledging approximately 54% of their Series D Preferred stock.

And clean it up a bit by:

TXTM Protext has received consent of its majority shareholder to release ownership in the Company via pledging their Series D Preferred stock.