PowerBand Solutions Inc. PWWBF Archives - Page 2 of 14

FridayApr 23, 2021 9:54 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Announces April 27 Town Hall Meeting

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a fintech provider disrupting the automotive industry, has scheduled an upcoming virtual town hall-style meeting and is inviting current as well as potential investors to attend. The meeting is scheduled for Tuesday, April 27, 2021. The company noted that topics to discuss will include gross sales, gross revenue and gross margin; PowerBand gross revenue for the month of March 2021 was C$1.1 million. In addition, during the meeting a panel of key executives will answer questions, some live and some submitted prior to the event. Company officials attending the virtual meeting will…

ThursdayApr 22, 2021 11:43 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Working Alongside Allianz to Accelerate EV Leasing, Insurance Strategy

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a fintech provider disrupting the automotive industry, is working with Allianz Partners, the global insurance and services provider, to accelerate PowerBand's North American electrical vehicle (“EV”) leasing strategy through DRIVRZ(TM). In order to do that, the companies are pursuing access to necessary lines of credit. DRIVRZ enables users to auction used EVs, as well as combustion engine vehicles, on its proprietary auction platform, DrivrzXchange. In addition, DRIVRZ in collaboration with PowerBand's investor and partner D&P Holdings, will offer easy access to insurance products. With support from Allianz and its other financial lending partners, PowerBand…

MondayApr 12, 2021 12:44 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Issues Clarification on Revenues, Reduced Risk via DRIVRZ(TM)-Arranged Leases

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today issued clarification on the income reporting and liability aspects of its reporting as DRIVRZ(TM) increases the number of leases financed for drivers and automotive dealers on its virtual platform. According to the update and under preexisting agreements with financial institutions, it is the role of DRIVRZ to receive requests for leasing and financing, approve the credit worthiness of applicants and accept the lease. Carried out with the proprietary software of the DRIVRZ Finance division, these leases are then formatted to meet the contract standards and protocols of the company’s lending partners.…

FridayApr 09, 2021 11:24 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Integrates Leasing and Financing Division Under DRIVERZ(TM) Brand

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its leasing and financing division is being brought under the DRIVRZ(TM) brand and will now operate as DRIVRZ(TM) Financial. This division was previously known as MUSA Holdings LLC ("MUSA") after PowerBand acquired a 60% share of MUSA in July 2019. DRIVRZ Financial is an integral component of the overall DRIVRZ marketplace experience. With DRIVRZ, users can lease, buy, sell, trade-in and insure electric and non-electric vehicles on any digital device, from any location. "We are excited to be integrating our leasing service under the DRIVRZ brand," said DRIVRZ Financial…

ThursdayApr 08, 2021 10:16 am

QualityStocksNewsBreaks – PowerBand Solutions Inc.’s (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) MUSA Announces New CEO, President Appointments

PowerBand Solutions’ (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) lending and leasing component of its DRIVRZ(TM) virtual marketplace, MUSA Auto Finance, today announced the appointment of two new executives in the roles of chief executive officer and president. Jon Lamb is now CEO of MUSA Auto Finance and remains in his role as president of DRIVRZ(TM) US, a platform enabling consumers to buy, sell, lease or trade their vehicle from a smartphone. Lamb is a proven executive and entrepreneur in the automotive and marketing industries, with numerous exits to his credit. MUSA also announced the appointment of Craig Vaughn as its…

WednesdayApr 07, 2021 9:44 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Achieves Record Sales Growth in Q1 2021

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions, today announced record gross sales in March 2021 of C$11.5 million, a 44% increase over gross sales in the previous month. The company also announced year-to-date 2021 gross sales of C$26.3million, which already exceed, by 21%, entire 2020 annual gross sales of C$21.7million. "We have reported the best sales growth in our history in the first quarter of 2021," said CEO Kelly Jennings. "It is apparent that more drivers and automotive dealers are learning about — and using — DRIVRZ(TM), our…

MondayApr 05, 2021 12:48 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Launch of DRIVRZ(TM) to MotorTrend.com

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced its execution of a campaign with MotorTrend Group. The campaign will utilize Source Digital's newly launched ad unit for activating moments in video to promote the DRIVRZ(TM) platform to the MotorTrend audience across its owned and operated digital properties. "By placing the DRIVRZ brand on MotorTrend, we are introducing millions of drivers to the DRIVRZ experience," said PowerBand CEO Kelly Jennings. "This is an important step…

ThursdayApr 01, 2021 12:48 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces Shares for Debt Conversion for CEO

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced the settlement of debt owed to Kelly Jennings, the CEO of the company. According to the update, PowerBand’s board approved the settlement of an outstanding debt of $1,000,000 owed to the CEO of the company, as of March 31, 2021, through the issuance of 800,000 common shares in the capital of PowerBand, each at a deemed price of $1.25. The closing share price of PBX on…

WednesdayMar 31, 2021 12:14 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Appoints Senior Exec to Lead Key Component of DRIVRZ(TM) Virtual Marketplace

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced the appointment of Craig Vaughn as president of MUSA Auto Finance ("MUSA"). MUSA is the lending and leasing component of PowerBand's DRIVRZ(TM) virtual marketplace, where leases can be approved for automotive dealers and drivers in seconds. Vaughn brings senior executive experience leading national and regional variable and fixed operations for public and private organizations, including Asbury Automotive, a Fortune 500 retailer. "We are extremely pleased Craig…

TuesdayMar 30, 2021 1:45 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Announces New CEO Appointment

PowerBand Solutions’ (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease, or finance vehicles to consumers, dealers, and OEMs, has announced the appointment of Jon Lamb to the position of CEO at MUSA Holdings ("MUSA"). Lamb has been serving as president of DRIVRZ(TM) and is well known for his expertise in technologies, business strategy, product development, marketplaces and capitalization. He has founded several companies and served in executive leadership positions in various successful business entities; he also has a special expertise in the automotive and marketing sectors. A…

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