PowerBand Solutions Inc. PWWBF Archives - Page 11 of 14

ThursdayMay 07, 2020 10:24 am

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Fills Market Gap Amid Mounting Fear of Public Transit, Crowded Dealerships

PowerBand’s cloud-based transaction platform streamlines vehicle sales interactions among participants and eliminates unnecessary middlemen 90% of Americans now feel anxious or uncomfortable in real-life dealership settings Virtual auctions have unlimited potential as COVID-19 disrupts automotive dealership and auction industries Fear of catching COVID-19 is causing many commuters to turn their eye to the auto market, to purchase a vehicle instead of taking a bus. But they are increasingly afraid of crowded dealerships. If COVID-19 has taught us anything, it is that the future of auto sales is online, and PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is among the pioneers…

MondayMay 04, 2020 3:30 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) to Launch First-of-Its-Kind Campaign to Offer Virtual-Transaction Platform Across the US

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced its launch of an innovative digital advertising campaign to offer its virtual-transaction platform to consumers and automotive dealers across the United States. The platform allows customers to buy, sell, lease, auction and finance vehicles from any location they choose, including directly within any form of video content. PowerBand, one of the leaders in the digital transformation of the automotive retail industry, has partnered with Source Digital, a pioneer in immersive commerce, through the use of video content on the internet and digital media platforms. The first-of-a-kind campaign will use Source's…

MondayMay 04, 2020 11:58 am

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Providing Alternative to Physical Auctions Amid Auto Industry Disruption

Virtual auctions have unlimited potential amid massive industry changes brought on by the COVID-19 pandemic PowerBand and D2D cloud-based platform is highly efficient and convenient for both dealers and buyers, enabling consumers to buy, sell, lease and trade vehicles through their smartphones Current crisis exposes the fragility of the global supply chain, and automakers will have to start considering domestic options instead Online vehicle auction sector is expected to continue growing at a fast rate, further spurred by current pandemic-imposed social distancing rules PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched a new cloud-based platform that lets…

FridayMay 01, 2020 12:47 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Offers Alternative to Physical Auctions via Online Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently partnered with Arkansas-based financier Bryan Hunt, director of J.B Hunt Transport, to launch the D2D Auto Auctions platform. The platform includes the Driveaway app, which can be used on a smartphone or home computer. An article discussing the company reads, “More than 1,300 dealers were registered on the D2D platform at the time of launch. This number is expected to increase as D2D’s sales team targets additional dealerships and commercial customers, including leasing, rental and fleet companies, across the Southern United States. D2D customers are able to access the online auction…

WednesdayApr 29, 2020 11:30 am

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Rebrands as DRIVRZ, Launching Vehicles to a Network of Industry Buyers

DRIVRZ will become PowerBand's consumer-facing brand in the months and years ahead The platform is designed to simplify online vehicle transactions allowing users to place orders for cars and trucks from their smartphones, from any location Company actively participating in the $10-billion cross-border used vehicle export market with receipt of its Exporter License Over 10 million vehicles are bought and sold through auctions every year PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has announced that it is trademarking the brand DRIVRZ as its top-level logo and wordmark for ongoing consumer interactions and future leasing and finance operations. The company applied…

TuesdayApr 28, 2020 11:29 am

PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Fintech Online Auto Sales Solutions Respond to COVID Challenge

The novel coronavirus pandemic has led to limitations on society that have hampered commerce and the ability of industries to sell their products Fintech solutions developer PowerBand Solutions is positioning itself to meet the needs of an auto industry hammered by the pandemic’s distancing protocols with cloud-based purchase, sales, lease and auction innovations The company provides a responsive technology platform that facilitates financing, inventory, and even inspections management Industry analysts are predicting the need for such solutions to enable remote transactions will be ongoing regardless of the duration of the pandemic’s peak activity PowerBand has obtained at least $10 million…

MondayApr 27, 2020 1:12 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Pioneers Automotive Industry Development with Virtual Auctions

PowerBand and D2D cloud-based platform is highly efficient and convenient for both dealers and buyers Virtual auctions have unlimited potential as COVID-19 disrupts automotive dealership and auction industries Online vehicle auction sector is expected to continue growing at a fast rate More than 40 million used vehicles exchange hands in the U.S. every year, 10 million of which are being sold through auctions Online vehicle auctions are overtaking physical auctions at the speed of light. As a result, the future of auto sales seems to be online. In line with this prospect, PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA:…

ThursdayApr 23, 2020 1:11 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) to Rely on Temporary Regulatory Filing Relief for Market Participants

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it intends to rely on the temporary blanket relief for market participants from certain regulatory filings published by Canadian securities regulators on March 23, 2020, as a result of the COVID-19 pandemic. Per the update, the relief provides PowerBand Solutions with a 45-day extension to file its Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2019, as well as its financial statements and MD&A for the period ended March 31, 2020. The company expects to submit its annual filings on or before June…

TuesdayApr 21, 2020 11:44 am

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Offers Automotive Market Alternative as COVID-19 Forces Industry Evolution

Company’s mission is to revolutionize the automotive industry by providing a safe and secure online transaction space Online vehicle auction sector is expected to continue growing at a fast rate, further spurred by current pandemic-imposed social distancing rules PowerBand Solutions’ cloud-based platform enables consumers to buy, sell, lease and trade vehicles through their smartphones Car dealership culture is evolving as the new coronavirus ushers in social distancing. As the future of auto sales seems to be online, companies such as PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) are uniquely positioned to benefit and contribute to the creation of…

MondayApr 20, 2020 12:55 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) and D2D Announce Successful Launch of Virtual Live Auctions in the US

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with its partner D2D Auto Auction LLC, today announced the successful launch and completion of "virtual" auctions in the United States. According to the update, the two virtual auctions, held on April 7 and 16, were highly successful and proved the speed and efficiency of D2D's unique transaction platform, an alternative to physical auctions and associated costs. Using the D2D platform, dealers and consumers benefit with elimination of the cost of delivering a vehicle to a physical auction and payment of a minimal transaction fee only after a car is successfully…

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