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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 Oct 04, 2021 10:51am
272 Views
Post# 33960645

September numbers imminent

September numbers imminent

OK -- the last monthly revenues were met with a dump by short term speculators. My enthusiasm at the time was misplaced, but I have used the last 3 weeks to continue accumulating.

The September numbers will be coming out this week. I remind people we made 3.7 millions in revenues during August, a month when many people are on vacation, That represented a PHENOMENAL month over month growth of 56%.

Whatever valuation metric people are using, this stock is undervalued based on growth potential and  business model. A current price to sale of less than 4 based on conservative 12 month run rate seems very cheap.

Hen

 

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