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PowerBand Solutions Inc V.PBX

Alternate Symbol(s):  PWWBF

PowerBand Solutions Inc. is a Canada-based financial technology (fintech) provider in the automotive industry. The Company develops, markets and sells access to cloud-based transaction platform to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. Its DRIVRZ, is a multi-dimensional marketplace platform, which provides consumers and dealers with streamlined buying and selling solutions. The Drivrz platform suite consists of three vertically integrated products: DrivrzFinancial, DrivrzXchange, and DrivrzLane. DrivrzFinancial is a technology-driven finance solution with a focus on used vehicle and electronic vehicle (EV) leasing. DrivrzXchange is a consumer-focused, dealer-inclusive multi-sided marketplace. DrivrzLane provides a complete end-to-end omnichannel solution for online automotive sales from dealer websites or listing sites with an e-commerce transaction solution.


TSXV:PBX - Post by User

Bullboard Posts
Post by bighornet12on Feb 10, 2020 10:25pm
405 Views
Post# 30671088

How Much Revenue will MUSA Generate?

How Much Revenue will MUSA Generate?Straight from a previous NR.

MUSA did around $21M in revenue in 2018.

Company is sitting idle right now, waiting for new facilities that aim to be 5-10x the size of the previous ones.

Now that was with a tiny $125M facility. This company just start rolling with the facilities a year earlier. That is $21M in revenue folks, with a facility a fraction of the size of what were going after!

Now let me ask you this?

What if the company sets up Flow-Through lines? What if they get a $1B facility this time? What if Tesla lets us have some of their trade-in business? What if RouteOne tosses us revenue for setting up financing for their lenders? What if we get into insurance? What if we get into paint protection? Rust proofing? Window tinting? Inspections? 

The train is just leaving the station folks. Hop on in!

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"MUSA generated US$21 million in lease and service related revenue in 2018"

https://www.marketwatch.com/press-release/powerband-is-in-negotiations-to-acquire-musa-auto-finance-for-us15-million---a-leading-fintech-auto-lease-finance-company-in-the-united-states-2019-01-23

Bullboard Posts