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Monday, 01/07/2019 7:31:20 PM

Monday, January 07, 2019 7:31:20 PM

Post# of 17729
Revenue 7/31/2018 totaled $10,456,581, an increase of 75% compared to $5,972,276 for the nine months ended July 31, 2017. The increase was primarily due to sales contributed by companies that were acquired during the nine-month period.

Company plans to increase advertising expenditures in the first calendar quarter 2019.

“ProBility has undertaken certain aggressive initiatives to streamline and improve the operational efficiency of the Company which we believe will offer us the opportunity to turn profitable in calendar year 2019,” stated Evan Levine, CEO of ProBility Media Corp.

Company is engaged in debt restructuring negotiations.

increase profit margins and put the Company on a path to profitability in 2019.