PowerBand Solutions Inc. PWWBF Archives - Page 13 of 14

MondayMar 16, 2020 10:00 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Receives Additional Investment from D&P Holdings

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced that Texas-based D&P Holdings, Inc., one of the United States' largest administrators of automotive warranty and insurance products, will exercise its option to invest an additional USD $2.5 million into PowerBand's Canadian leasing division, bringing its potential investment to $12.5 million. “I want to assure investors that PowerBand continues its progress to create a platform that will revolutionize how people buy, sell, lease and trade cars and trucks,” PowerBand CEO Kelly Jennings stated in the news release. “This further investment and vote of confidence by D&P, one of America's…

MondayMar 09, 2020 9:00 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Receives Initial $1.5M Investment from US-based Insurance Administrator

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced the closing of the initial $1.5 million tranche of a USD $10 million Convertible Debenture Agreement with Texas-based D&P Holdings, Inc. This marks the first of three tranches of a $10-million Convertible Debenture. The second tranche of $3.5 million and the third tranche of $5 million are scheduled to close on April 6, 2020 and May 6, 2020, respectively. PowerBand is currently in discussions to secure extensive credit facilities for its cloud-based transaction platform. The platform will enable consumers and dealers to buy, sell, lease and trade vehicles on…

ThursdayFeb 20, 2020 10:00 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Announces Launch of Driveaway App for iOS Devices

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced that its Driveaway consumer app for iOS devices has been approved for publication by Apple and is now available for download in the US App Store. The Driveaway app enables consumers to effortlessly sell vehicles from their smart phone, tablet, or computer by simply uploading their vehicle information directly to the app. Initially, the Driveaway app will be available to residents of Northwest Arkansas and, after feedback, will be expanded across Arkansas, Oklahoma and Texas. Per the release, the app will later be available throughout the United States and…

MondayFeb 10, 2020 9:30 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Inks Agreement with Citation Capital Management

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced that it has reached an agreement with Citation Capital Management to aid in procuring extensive funding options for loans and leases to be approved through PowerBand's leasing operations in the United States. Per the release, the agreement will advance PowerBand’s mission to raise a total of $1 billion in credit facilities to utilize by providing consumers and dealers access to loans or leases on vehicles acquired through the company’s cloud-based transaction platform. “This is another milestone in PowerBand's strategy to meet our goal of aggregating $1-billion in credit facilities…

TuesdayFeb 04, 2020 10:00 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Expands Reach via Agreement with RouteOne

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) today announced that it has reached an agreement with RouteOne LLC for thousands of automotive dealerships in the United States and Canada to have access to PowerBand's cloud-based sales and leasing platform. The agreement with RouteOne was formed by way of a joint venture between Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services. “Our agreement with RouteOne means many thousands of dealers and car consumers across the U.S. and Canada will have PowerBand at their fingertips - revolutionizing how we buy, sell, and trade vehicles by removing…

WednesdayJan 29, 2020 9:30 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) CEO Enters Voluntary Escrow Agreement; Plans to Hold Shares for Minimum of 12 Months

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced that CEO and largest shareholder Kelly Jennings is entering into a voluntary escrow agreement with Computershare and reported that he will not sell his shares for at least 12 months, until January 29, 2021. This commitment is additional to any escrow imposed by the TSX Venture Exchange. Jennings holds 41,865,283 shares of PowerBand, representing about 37% of the company's outstanding shares. “I want people to know I am invested in PowerBand for the long run as we revolutionize how cars and trucks are bought, sold, leased and auctioned,” PowerBand…

WednesdayJan 22, 2020 9:30 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Closes Fully Subscribed Private Placement

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) on Tuesday announced the closing of a non-brokered, fully subscribed private placement of 7,692,307 units at a price of $0.065 each for total proceeds of $500,000. Each unit consists of one common share and one half of one common share purchase warrant of the company. Each warrant authorizes the holder to receive, for no additional consideration, one common share, subject to adjustments, at an exercise price of $0.15 for 24 months from the date of issuance. All securities issued are subject to a 4-month and one day hold period in Canada. PowerBand…

WednesdayJan 15, 2020 2:00 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Establishes Leasing and Finance Division for Canadian Customers

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) today announced the creation of a leasing and financing division for Canadian auto loans. Per the release, this move will enable Canadian consumers to fully benefit from the company’s cloud-based platform that is transforming the buying, selling and leasing of cars, trucks and other vehicles. The company is currently in discussions to arrange lease lines for consumers and dealers who use PowerBand in Canada, and plans to coordinate similar lease lines and financing options in the US in the near future. “The PowerBand cloud-based transaction platform will enable people to buy, sell,…

MondayDec 30, 2019 11:00 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Provides Update on Upcoming 2020 Initiatives

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning issued an update regarding the company’s plans for 2020. Among other highlights, the company reported that it plans to expand the reach of its cloud-based transaction platform to thousands of North American dealerships in 2020. During the first quarter, the company intends to launch its consumer app in southern Ontario, followed by a later introduction into the southeastern U.S. region, including Texas. PowerBand will also employ a strategic marketing campaign for its cloud-based transaction system as a one-stop option for consumers and dealers to use on smartphones, tablets and desktops.…

FridayDec 20, 2019 3:30 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Issues Non-Brokered Private Placement

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is pleased to announce that it has received conditional approval from the TSX Venture Exchange to issue a non-brokered private placement of up to 7,692,308 units at a price of $0.065 each for total proceeds of up to $500,000. Each unit will be comprised of one common share of the company and one half of one common share purchase warrant of the company. Each warrant entitles the holder to obtain, for no additional consideration, one common share, subject to adjustments, at an exercise price of $0.15 each for a period of 24…

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