Probility Media Corp. (PBYA)

[Profit Trader]

Wow, you guys already have a reaction. All doom and gloom lol.

On first glance:

The increase in AS is to prevent a hostile takeover. This is a very common practice.

The R/S is increased to align with the increased AS.

Simply put, a 1 for 20 split made sense with the AS possibly maxing out at 500 million. However, it does not really help if the AS is maxed at 5 billion. Therefore it was increased accordingly.

Just like it says in the fins, the RS is at the board discretion. It is not 100 percent, but it is there in case they need it.

The float or OS has not changed.

Knee jerk reactions are normal, but please don’t come across like the OS will be max and the RS will definitely occur.