PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt:
1ZVA) today announced that it has secured USD $1.2 million from
Texas-based D&P Holdings, Inc. (“D&P”). According to the update, the
capital injection is part of D&P’s ongoing commitment to invest USD $10
million in PowerBand Solutions US Inc. (“PowerBand US”) and its cloud-based,
transaction platform that allows consumers and dealers to buy, sell, lease and
trade vehicles from smart phones and other devices from any location, including
their homes. “We are unwavering in our previously stated commitment to invest
at least USD $10 million into PowerBand US,” D&P’s CEO John Armstrong
stated in the news release. “While COVID-19 has caused unexpected business
delays for many of us, this crisis has reinforced our belief that PowerBand
will revolutionize how consumers and dealers interact when they buy, sell,
lease and trade cars and trucks.”
To view the full press release, visit http://ibn.fm/Ss0mB
About PowerBand Solutions Inc.
PowerBand Solutions Inc. is a technology provider listed on
the TSX Venture Exchange. The Company’s cloud-based platform is revolutionizing
the buying, selling, leasing, and auctioning of vehicles. With the receipt of
its exporter license and its acquisition of MUSA Auto Finance, the Company is
well positioned to become a leader in the cross-border used vehicle export
market, the used vehicle auction market, and the vehicle leasing market in the
U.S. and Canada. For more information, visit www.PowerBandSolutions.com.
NOTE TO INVESTORS: The latest news and updates
relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever published
or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment