QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Secures USD $600K, Well Capitalized to Deliver Virtual-Transaction Platform to Automotive Industry
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it has secured a further USD $600,000 from Texas-based D&P Holdings, Inc. ("D&P"). According to the update, the company, due to having sufficient operational funds, has made a strategic decision not to draw down further at this time from D&P, which has committed up to USD $10 million. The company is on target for commercialization of its virtual-transaction platform that allows consumers and automotive dealers to buy, sell, lease, trade and finance vehicles from any location, using their smart phones or other digital devices. “PowerBand's mission is well-capitalized and…