PowerBand Solutions Inc. (TSX. V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is “One to Watch”
PowerBand is disrupting the antiquated business model of the automotive industry, replacing distrust and confusion with transparency, access to information and ease of use. PowerBand empowers the consumer to self-direct a transaction, by streamlining the interactions among all participants and eliminating unnecessary middlemen. Nearly 90% of Americans report they dislike the car dealership experience, noting they feel anxious or uncomfortable in dealership settings. In 2018, 17 million new cars and 40 million used cars were sold in the U.S., with 31% of the new vehicles leased. The automotive-leasing industry generates an approximate annual revenue of $120 billion, with the demand…