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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

Comment by HenoftheWoodson Sep 08, 2021 1:23pm
259 Views
Post# 33825352

RE:RE:Complete news release

RE:RE:Complete news release

I'm happy you brought this comparison up. You could also use some of the other companies in this space to realize that if PBX succeeds in its business plan, it will be given a massive valuation. Probably even higher than what I came up with. 

And importantly, PBX doesn't carry any cars in its inventory. It's the used car dealers it connects to customers that carry the inventory, so no risk of massive losses like the carvana of this world.

Cheers,

Hen

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