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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

Post by HenoftheWoodson Aug 19, 2021 1:24am
244 Views
Post# 33728758

Negative catalyst?

Negative catalyst?

"Negative catalyst - News stories of used car dealers and new car dealers with near empty lots due to microchip shortage impact on car manufacturing."

So what's your point exactly, lscfa?

Unless you're a short term trader hoping for a pullback, I don't see it.

Company is growing at a phenomenal pace in a difficult environment. It's always smart to invest in companies doing well in such circumstances. Just wait until supply returns to the market.

Cheers,

Hen

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