12 Reasons to Believe in PowerBand! Looks to me as though we woke up PBX again.
What could it be?
No one really knows. We all hear chatter in the background; ignore it, it's just chatter.
Reasons to believe real things could happen, exciting things:
1. MUSA (60% owned by PBX) had a previous relationship with Tesla; the first non-captive leasing partner Tesla ever worked with. Paperless leases. E-sig. Lease a Tesla from your toilet.
2. MUSA had a large facility with Goldman Sachs 2 years ago. Pretty reputable institution right there.
3. The Hunts, RouteOne, Tesla, TUV Nord = FOUR billion dollar + offices involved in the last 2 years. Throw Goldman Sachs in there if ya want, and make it five.
4. The first facilitator in the auto sector. Not a listing site. Not a middle man. A true facilitator.
5. All AutoFinTech deals trade at valuations north of $1B. Were only at $20M CAD.
6. Tesla likely to prefer using a non-captive leasing partner (revenue at point-of-sale vs. spread out over years).
7. Not many deals like these out there. Were unique!
8. TUV Nord with infrastructre and tech ready to integrate. 100 point inspection. Something we would all love when buying a used car.
9. RouteOne with 33,000+ dealerships at 1400+ lenders. Ready to be integrated.
10. Billions of dollars in facilities being prepared. See the latest News Release.
11. Stock still only getting love from retail investors. Hey, a chance get in before the institutions. This tends to work out really well in for microcap investors.
12. Tight share structure. Big news = Valuations can fly into crazy levels.
What more do you folks want?
Sometimes the most money to be made, is when you're willing to take the risk when no one else is. I felt like that when I started buying back at 7c. And heck, was still buying at 32c. Did I feel like a fool when we traced back to 15c? Nope.
You know what? I'm looking forward to buying at 45c in a few weeks.
Nothing has changed. Just short term traders playing games.
PBX will be the story of 2020 on the Venture markets.
Enjoy the show folks! We're almost through the previews.