ProText Mobility Chairman Reports 831.3 Million TXTM Common Shares; Management Reaffirms No Preferred Conversions

By Sophia Vida 2 hours ago

Reported holdings increased by 55.6 million shares since May 20; existing preferred-share rights remain unchanged as ProText advances financial reporting and institutional-readiness initiatives.

JOHANNESBURG, South Africa, Oct. 13, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – ProText Mobility, Inc. (OTC: TXTM) (“ProTex”) announced that Chairman and President Dr. Jamaloodeen reported direct beneficial ownership of 831,301,460 common shares as of Oct. 6, 2026, in a voluntary Form 4 accepted by the U.S. Securities and Exchange Commission on Oct. 8, 2026.

According to the company, the reported holdings increased by 55,646,456 common shares from the 775,655,004 shares reported as of May 20, 2026. Jamaloodeen confirms that he has never sold TXTM common shares or converted his preferred securities into common stock. Chief Executive Officer Dylon Du Plooy likewise confirms that he has never converted his preferred holdings.

The executives presently intend to maintain their non-conversion approach. Their preferred securities retain their existing contractual and corporate rights; these intentions do not constitute irrevocable commitments or changes to those rights.

Ownership and capital structure

ProText says Jamaloodeen accumulated existing common shares through OTC Markets transactions and private purchases from shareholders, independently of preferred-share conversion rights. According to the company, these purchases did not require new common-share issuance and did not dilute shareholders through issuance of additional shares for those purchases.

The company states that the Oct. 8 Form 4 also reports Jamaloodeen’s ownership of 66,667 Series D Convertible Preferred Shares and 33,333 Series A Convertible Preferred Shares.

Dr. Jamaloodeen said: “I believe leadership should carry responsibility alongside shareholders. When I invest my personal capital in TXTM common shares, I participate in the economic performance of the same class of common equity held by our public shareholders. I experience the consequences of changes in the market value of that investment, just as other common shareholders do. My decision to accumulate these shares has never been about seeking recognition for the number I hold. It is about demonstrating the depth of my commitment. I believe in ProText Mobility, its underlying assets, its technologies, its human capital and the international opportunities we are developing. I have chosen to participate personally in the long-term value we are working to create. I have not sold my TXTM common shares. I have not converted my preferred shares. My present intention is to remain substantially invested. These are deliberate decisions reflecting my confidence in the Company’s long-term direction.”

Personal financing and exchange-listing objectives

Jamaloodeen intends to evaluate personal financing alternatives, including secured arrangements where suitable counterparties and commercial terms are available. Any such transactions would be separate from ProText’s corporate capital requirements unless otherwise expressly agreed and disclosed. Secured financing may expose pledged securities to enforcement or sale.

No reverse stock split is being announced or proposed as part of this ownership update. ProText continues evaluating international regulated-exchange listing opportunities. Any future capitalization measures considered necessary for a listing would require separate evaluation, applicable approvals and appropriate shareholder disclosures. No exchange listing is guaranteed.

Financial reporting and institutional development

ProText states that it has completed its 2022 and 2023 financial audits and is progressing its 2024 and 2025 International Financial Reporting Standards (IFRS) audit program. Its priorities include financial reporting, independent assessment of qualifying assets, corporate governance, biotechnology and agricultural development, proprietary technologies and digital-asset infrastructure.

As historical background, ProText announced on Sept. 28, 2026, that ABSA Bank had confirmed Jamaloodeen’s participation as its first pilot client in the bank’s digital-asset custody onboarding process. The company says this development was included in its voluntary Form 8-K accepted on Sept. 30, 2026. The pilot concerns onboarding and does not establish completion of the company’s wider institutional roadmap. ProText’s digital-asset initiatives and Jamaloodeen’s personally held securities remain distinct.

Shareholder engagement

Management describes its shareholder philosophy through Ubuntu — “I am because you are”; Simunye — “We are one”; and RAOK — “Random Acts of Kindness.” ProText links these principles to mutual respect, constructive dialogue, accountability and execution.

The company invites shareholders to follow its official TikTok account at https://www.tiktok.com/@protext.mobility. Material corporate information will continue to be communicated through its established public disclosure channels.

About ProText Mobility, Inc.

ProText Mobility, Inc. (OTC: TXTM) is a Delaware corporation pursuing international development opportunities across biotechnology, agricultural and pharmaceutical infrastructure, proprietary technologies, real-world assets and emerging digital financial infrastructure.

The Company’s strategic initiatives encompass proprietary live plant extraction technologies, active pharmaceutical ingredient development, agricultural biotechnology, digital-asset systems, institutional financial frameworks and international commercial relationships.

ProText continues advancing its institutional-readiness strategy through financial reporting, corporate governance, independent asset verification, technology development and the evaluation of regulated international exchange-listing opportunities.

The Company’s broader objective is to connect qualifying underlying economic assets with appropriate technological, commercial and institutional financial infrastructure.

Q&A

How many TXTM common shares does ProText’s chairman report owning?
ProText reports that Ahmed Jamaloodeen held 831,301,460 common shares as of Oct. 6, 2026, compared with 775,655,004 as of May 20.

Have the chairman or CEO converted preferred shares?
According to management’s confirmation, neither Jamaloodeen nor CEO Dylon Du Plooy has converted preferred shares into common stock. Their existing securities rights remain unchanged.

Did the chairman’s reported purchases require new shares?
ProText says the acquisitions involved existing common shares and did not require new common-share issuance. This statement concerns those purchases; it is not a claim that all potential dilution has been eliminated.

Is ProText announcing a reverse stock split or completed exchange listing?
No reverse stock split is announced or proposed as part of this update. ProText continues evaluating international regulated-exchange opportunities; no listing is guaranteed.

What financial reporting work remains?
The company states that its 2022 and 2023 audits are complete and its 2024 and 2025 IFRS audit program is progressing. The source provides no completion date for the remaining audits.

Corporate information and source references

Corporate Website: https://protxtm.com

Investor Relations: https://protxtm.com/investor-relations

Official TikTok: https://www.tiktok.com/@protext.mobility

Official X Account: @ProtextP

YouTube: https://youtu.be/HdqCfyx-07Y

Official Instagram: https://www.instagram.com/protext.mobility

OTC Markets: TXTM

SEC Form 4:

Accession No. 0001140361-26-039027

Accepted October 8, 2026

Previous SEC Form 8-K:

Accession No. 0001140361-26-038066

Accepted September 30, 2026

Forward-looking statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding management’s ownership intentions, financing alternatives, capital structure, financial reporting, institutional relationships, technology development, real-world asset initiatives and potential regulated-exchange listings.

These statements reflect current expectations and objectives and involve risks, uncertainties, regulatory requirements, third-party dependencies and market conditions. Actual results and developments may differ materially from those expressed or implied.

Statements concerning the Chairman’s or CEO’s present investment and conversion intentions do not constitute irrevocable commitments or modifications of existing securities rights.

Potential personal financing arrangements depend upon the availability of suitable counterparties, acceptable commercial terms, applicable legal requirements and other relevant considerations. Secured financing may expose pledged securities to enforcement or sale under the terms of the relevant agreement.

No particular financing arrangement, exchange listing or future financial result is guaranteed.

Readers are encouraged to review the Company’s publicly available filings and disclosures for additional information concerning its operations, capital structure and applicable risks.

The Company undertakes no obligation to update forward-looking statements except as required by applicable law.