PowerBand Solutions Inc. PWWBF Archives - Page 9 of 14

MondayJun 29, 2020 12:38 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Platform to be Promoted to Auto Dealers Across the US

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that Comprehensive Auto Resources Company, Inc. ("CARco"), one of the United States' leading administrators of automobile protection products, will be promoting PowerBand's virtual transaction platform to auto dealers across the United States. Per the update, CARco is joining with Texas-based D&P Holdings, Inc. ("D&P"), which has partnered with PowerBand to offer consumers a wide range of vehicle protection products and warranties on the PowerBand virtual transaction platform. "We believe PowerBand is offering a ground-breaking way for consumers and dealers to buy, sell, lease and trade vehicles," CARco president and CEO…

ThursdayJun 25, 2020 2:39 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Announces D&P Investment Amidst Launch of Virtual Transaction Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its subsidiary, PowerBand Solutions US Inc. ("PowerBand US"), has closed on its convertible debenture financing (see news release dated March 2, 2020) and that Texas-based D&P Holdings, Inc. ("D&P") will immediately convert USD $6 million of PowerBand US debentures into a direct investment in the Company's US and Canadian financing and leasing divisions. Per the update, the investment comes at the time PowerBand is set to begin lease originations for vehicles in the United States using its virtual transaction system, which will enable automotive transactions from any location. "We…

ThursdayJun 25, 2020 12:29 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) to Access Extensive Lease Financing for Its Auto-Trading Platform Users

Company subsidiary MUSA Auto Finance, LLC will enable consumers and dealers to access extensive funding facilities from national financial institutions through the platform The lease originations are expected to allow users to acquire virtually any vehicle from any location via a smart phone or other digital devices MUSA will also make PowerBand’s auto trading platform available to thousands of dealerships that work with RouteOne, LLC across Canada and the U.S. PowerBand Solutions’ cloud-based platform offers users transparency and complete control over the purchasing process by streamlining the interactions among all participants and eliminating unnecessary middlemen PowerBand Solutions (TSX.V: PBX) (OTCQB:…

WednesdayJun 17, 2020 9:40 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Files Annual Financial Statements

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) on Tuesday announced the filing of its audited annual consolidated financial statements, MD&A and related CEO and CFO certificates for its financial year-ended December 31, 2019. According to the update, PowerBand’s total revenue for 2019 increased seven-fold to $1,998,757, up from $281,997 in 2018. The net loss for 2019 was $8,050,113, as compared to a net loss of $6,575,320 in 2018. "The Company made considerable advancements of its comprehensive online platform for the purchase, sale, trade-in, and financing of new and used vehicles in 2019," PowerBand CEO Kelly Jennings stated in the…

MondayJun 15, 2020 2:20 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Preparing to Launch Driveaway Consumer App Across the US

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that it is preparing to launch its Driveaway consumer app across the United States to enable consumers to buy and sell vehicles in virtual auctions. Per the update, the Driveaway app is part of PowerBand's ground-breaking virtual transaction platform, which will allow consumers to buy sell, lease and trade vehicles from smart phones and other digital devices from any location. "Driveaway is a vital piece of the PowerBand platform, which removes unnecessary middlemen when consumers acquire or sell their vehicles," PowerBand Solutions’ CEO Kelly Jennings stated in the news release.…

MondayJun 08, 2020 12:28 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Accepts USD $2.7M Investment, Completes Mission to Offer Transformative Cloud-Based Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) today announced that its wholly-owned subsidiary, PowerBand Solutions US Inc. ("PowerBand US"), is accepting an additional USD $2.7-million investment from Texas-based D&P Holdings, Inc. ("D&P"), as it prepares for June vehicle lease originations in the United States. According PowerBand CEO Kelly Jennings, PowerBand has completed its more than two-year mission to offer a cloud-based platform that will transform the buying, selling, leasing and financing of vehicles. The platform removes unnecessary middlemen in the automotive retail sector and offers cloud-based solutions allowing automotive transactions to be carried out from any location, on smart…

MondayJun 08, 2020 12:14 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Offers Effective, Innovative Alternative to Physical Auctions as Online Vehicle Trade Flourishes

To survive, car dealerships have quickly adapted to an online transaction model where the buyer has more control over the process, more options and transparent pricing New model includes home deliveries of fully sanitized vehicles for test drives or completed orders Online vehicle trading is expected to continue growing, as 49 percent of consumers are ready to buy online and as many as 1.3 million vehicles are expected to be sold annually as soon as 2035 PowerBand Solutions’ cloud-based platform is a reliable online alternative, offering users complete control over the purchasing process by taking transaction online, streamlining the interactions…

FridayJun 05, 2020 1:44 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Utilizes D&P Holdings’ $10M Commitment to Advance Cloud-Based Vehicle-Transaction Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform that provides virtual transactions to consumers and automotive dealers in the United States. An article discussing the company reads, “The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. ‘We are confident PowerBand’s virtual-transaction platform will…

ThursdayJun 04, 2020 1:17 pm

PowerBand Solutions Inc.’s (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Platform Meets Used-Car Buyers’ Demands for Enhanced Tech, Experience

The used-car segment is twice as big as the new-car market, and digitally savvy consumers are looking for a faster, more transparent purchasing process Used-car buyers tend to research a new purchase online and rely less on in-person salespeople PowerBand Solutions’ cloud-based platform is a reliable online alternative to the dealership experience, offering users complete control over the purchasing process by streamlining the interactions among all participants and eliminating unnecessary middlemen The automotive industry market has been in a state of flux, with every aspect experiencing disruption from driverless vehicles to artificial intelligence. Customer expectations for the market have been…

WednesdayJun 03, 2020 12:45 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Rolls Out Cloud-Based Platform as Car Dealers Turn to Online Alternatives

Faced with a dramatic drop in business, many dealerships have started providing customers with the possibility of conducting the entire vehicle purchasing process online Buyers can pick the car they want and even have it delivered for a test drive at their location The approach aligns with a growing automotive e-commerce trend, with consumers likely to purchase as many as 1.3 million vehicles annually online by 2035 PowerBand’s cloud-based auto trading platform offers a convenient, efficient and safe option for buyers and dealers to buy, sell, lease and trade vehicles online, eliminating unnecessary middlemen The coronavirus and technology have had…

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