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

PowerBand Solutions Inc > PBX

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Comment by lscfaon Apr 12, 2021 8:30pm

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Post# 32982649

RE:PBX

An old document suggests commission is 3% ($300 on $10,000 vehicle) so for March $11.5 million in transaction = $345,000 revenue and 60% gross margin = $207,000.

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Urbani wrote: So what are the numbers than?

It obviouloy took a hit today... We were at $1.49 and hit a couple of times and were looking very strong...

I didn't see any negative posts than... I do not do twitter... but not sure what one poster is talking about... But saying the company lied ??

Iscfa is a good poster I know...

So what do you think iscfa...

I do not need to hear from the peanut gallery...

Thanks in advance...