Search Results for: PWWBF

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 … Continue reading “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 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 … Continue reading “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 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 … Continue reading “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 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 … Continue reading “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) 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, … Continue reading “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) 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 … Continue reading “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) 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 … Continue reading “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) 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 … Continue reading “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) 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 … Continue reading “QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Provides Update on Upcoming 2020 Initiatives”