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Bullboard - Stock Discussion Forum AmeriTrust Financial Technologies Inc V.AMT

Alternate Symbol(s):  PWWBF

AmeriTrust Financial Technologies Inc., formerly PowerBand Solutions Inc., is a Canada-based financial technology (fintech) provider in the automotive industry. Its integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. The Company has commercialized a Fintech automotive-based software platform that specializes in auto leasing and is the... see more

TSXV:AMT - Post Discussion

AmeriTrust Financial Technologies Inc > PBX is in a perfect turnaround point
View:
Post by jetfuel10X on Nov 07, 2022 9:33am

PBX is in a perfect turnaround point

As a FYI, the average bear market lasts for 340 days, we are now 305 days into it since January. With rates going up to curb inflation, it is the perfect entry point to start a turnaround;
Comment by Finallytherock on Nov 07, 2022 11:55am
this company is a scam. will go bankrupt. this has been nothing but a pump/dump disaster. 
Comment by lscfa on Nov 07, 2022 2:09pm
Wait to see q3 fins.... In 2022, the revenue from lease originations at DrivrzFinancial has fallen below the previous forecasts in the first quarter and second quarter. The third quarter has not shown any sign of reversal of this trend. Therefore, the new leadership team is focusing and channeling resources to develop the lease origination business unit.
Comment by jetfuel10X on Nov 07, 2022 3:35pm
Expect not so much for Q3 - it is a restructuration At DrivrzFinancial, the new management team has deliberately scaled down dealer onboarding and consequently originations, to reposition the company for more sustained and profitable growth. Lending guidelines across the industry have become more rigorous, impeding the ability to capture market share in programs directed at commercial, fleet ...more  
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