PBX.V - PowerBand Solutions Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.0750
-0.0050 (-6.25%)
At close: 2:40PM EDT
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Previous Close0.0800
Open0.0800
Bid0.0750 x N/A
Ask0.0900 x N/A
Day's Range0.0750 - 0.0800
52 Week Range0.0650 - 0.2200
Volume26,350
Avg. Volume50,944
Market Cap6.432M
Beta (3Y Monthly)3.19
PE Ratio (TTM)N/A
EPS (TTM)-0.0720
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • What Type Of Shareholder Owns PowerBand Solutions Inc.'s (CVE:PBX)?
    Simply Wall St.

    What Type Of Shareholder Owns PowerBand Solutions Inc.'s (CVE:PBX)?

    If you want to know who really controls PowerBand Solutions Inc. (CVE:PBX), then you'll have to look at the makeup of...

  • CNW Group

    IIROC Trading Resumption - PBX

    VANCOUVER , July 23, 2019 /CNW/ - Trading resumes in: Company: Powerband Solutions Inc. TSX-Venture Symbol: PBX (All Issues) Resumption (ET): 12:30 PM  IIROC can make a decision to impose a temporary suspension ...

  • ACCESSWIRE

    PowerBand Executes Unit Purchase Agreement to Acquire MUSA Auto Finance - A Leading FinTech Auto Lease Finance Company in the United States

    VANCOUVER, BC / ACCESSWIRE / July 23, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", “PBX” or the "Company"), a leading online automotive auction, remarketing and vehicle acquisition and sales platform in North America, is pleased to announce, that through its wholly-owned subsidiary Powerband Solutions US Inc., and in relation to its news release dated January 23, 2019, that on July 17, 2019 it signed a Unit Purchase Agreement to acquire 60% of MUSA Holdings, LLC, and its subsidiaries, including MUSA Auto Finance, LLC (“MUSA”). The aggregate consideration to be paid by PowerBand is USD$300,000 in cash, and 4,300,000 shares of PBX stock The acquisition will transform PBX into an industry leading FinTech company in the areas of vehicle acquisition, leasing, lending, and auction services.

  • CNW Group

    IIROC Trading Halt - PBX

    VANCOUVER , July 23, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Powerband Solutions Inc. TSX-Venture Symbol: PBX (all issues) Reason: At the Request of the Company Pending News ...

  • ACCESSWIRE

    Powerband Announces Appointment Of New Director And Grant Of Options

    VANCOUVER, BC / ACCESSWIRE / July 11, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", “PBX” or the "Company”), a leading online automotive auction, remarketing and vehicle acquisition and sales platform in North America, is pleased to announce that it has appointed Ivan Buzbuzian to its board of directors (the “Board”). Mr. Buzbuzian brings an extensive background in the areas of capital markets, project development, operations, and management. Originally, Mr. Buzbuzian was involved in the management and operations of his family business, a nonferrous jobbing foundry, which had over sixty years of success in both the Canadian and U.S. markets.

  • ACCESSWIRE

    PowerBand Appoints Automotive Industry Executive To Drive Remarketing Platform Sales

    VANCOUVER, BC / ACCESSWIRE / June 25, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive auction, remarketing and vehicle acquisition and sales platform in North America, is pleased to announce the appointment of Sam Rizek as VP Business Development. Sam has over 25 years of executive experience in the North American automotive industry. After graduating from Ryerson University with a major in Business Management, Sam worked for Toyota Canada in Logistics and Vehicle Distribution and later as Area Sales Manager in their Pacific Zone in B.C. Sam then spent three years as Regional Manager in the U.S. Pacific Northwest for HigherGear Group CRM software.

  • ACCESSWIRE

    PowerBand Announces Results of Annual General Meeting

    VANCOUVER, BC / ACCESSWIRE / May 31, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive auction, remarketing and vehicle acquisition and sales platform in North America, is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Wednesday, May 29, 2019 in Toronto, Canada. MNP LLP has been appointed as the Company's auditor. The 2019 Incentive Stock Option Plan (20% Fixed Plan) was approved, reserving for issuance up to 16,552,478 common shares of the Company.

  • ACCESSWIRE

    Powerband Releases Q1 2019 Results; Posts Record Revenue for The Quarter; Provides Corporate Update

    VANCOUVER, BC / ACCESSWIRE / May 28, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive auction, remarketing and vehicle acquisition and sales platform in North America, is pleased to announce that it has released its 2019 first quarter financial results. During the period the Company generated over CAD$550,000 in revenue, with a gross margin of $82,500 and a net loss of approximately $370,000, as compared to approximately CAD$10,000 in revenue in the same period in 2018, with a gross margin of $1,500 and a net loss of approximately $2,980,000. The Company anticipates strong revenue growth to continue in the second quarter of 2019.

  • ACCESSWIRE

    PowerBand Appoints New Chief Financial Officer To Help Manage U.S. Expansion

    VANCOUVER, BC / ACCESSWIRE / May 16, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand," "PBX" or the "Company"), a leading online automotive auction, remarketing and sales platform in North America, is pleased to announce the appointment of Jing Peng as Chief Financial Officer, replacing the outgoing Chief Financial Officer, Gordon Cummings. Since December 2010, Mr. Peng has been the senior financial analyst at Marrelli Support Services Inc., a well-respected supplier of accounting and reporting services. Mr. Peng holds a Master's degree in Management and Professional Accounting from Rotman School of Management, University of Toronto.

  • ACCESSWIRE

    PowerBand Receives Exporter Dealership Licence Vancouver

    VANCOUVER, BC / ACCESSWIRE / May 7, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand," "PBX" or the "Company"), a leading online automotive auction, remarketing and sales platform in North America, is pleased to announce that its wholly-owned subsidiary, PowerBand Global Dealer Services Inc., has been granted an Exporter Dealership licence from the Ontario Motor Vehicle Industry Council ("OMVIC"). PowerBand will leverage its dealer network in Ontario to begin acquiring in-demand used vehicles for export to the United States. This is the first phase of moving the North-South used vehicle market onto PowerBand's digital inter-dealer platform.

  • ACCESSWIRE

    PowerBand Announces Closing of Private Placement Financing

    VANCOUVER, BC / ACCESSWIRE / April 25, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), announces that it has received final approval from the TSX Venture Exchange (the "TSXV") to close on its previously announced non-brokered private placement (the "Financing") (see news releases dated March 22, 2019 and February 5, 2019). The Company has issued 20,966,800 common shares ("Shares") at CAD$0.10 per share for total gross proceeds of CAD$2,096,680. Kelly Jennings, PowerBand's CEO, and Bryan Hunt, Director of J.B. Hunt Transport Services, Inc., two insiders of the Company, participated in the private placement and subscribed for 20,716,800 Shares for gross proceeds of CAD$$2,071,680.

  • ACCESSWIRE

    PowerBand Applies for Exporter Dealership License

    VANCOUVER, BC / ACCESSWIRE / April 4, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive auction, remarketing and sales platform in North America, is pleased to announce that through its wholly-owned subsidiary, PowerBand Global Dealer Services Inc., it has applied to the Ontario Motor Vehicle Industry Council ("OMVIC") for an Exporter Dealership license. Over the past few years there has been tremendous demand for Canadian used vehicles in the United States, owing to prevailing foreign exchange rates, particularly the relative strength of the $USD to the $CAD. According to industry sources 310,000 used vehicles were exported to the U.S. in 2017, with over 360,000 vehicles in 2018, and projections trending to 400,000 vehicles in 2019 (1).

  • ACCESSWIRE

    PowerBand Launches D2D Auto Auctions in the U.S.

    VANCOUVER, BC / ACCESSWIRE / April 2, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive auction, remarketing and sales platform in North America, is pleased to announce the official launch of D2D Auto Auctions ("D2D"). D2D Auto Auctions is the realization of the previously announced partnership PowerBand and Bryan Hunt entered into in November 2018 to establish an automotive online remarketing network in the United States. Since that time PowerBand has been customizing its auction platform for the U.S market while Bryan Hunt and his team at 71B Auctions in Springdale, Arkansas have been marketing the D2D remarketing solution to its vast base of existing dealers who currently buy and sell vehicles at their physical auction locations.

  • CNW Group

    Data, Connectivity, Safety Now Integral in Automotive Technology

    NEW YORK, March 29, 2019 /CNW/ -- Technology is transforming the automotive industry. Connectivity is transforming the relationships between customers and their vehicles. New technology such as blockchain provides alternative approaches to existing issues.

  • ACCESSWIRE

    PowerBand Provides Update on Private Placement Financing

    VANCOUVER, BC / ACCESSWIRE / March 22, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), announces that it has received conditional approval from the TSX Venture Exchange (the "TSXV") for an extension of the deadline and revised terms of its previously announced non-brokered private placement (the "Private Placement") (see news release dated February 5, 2019). The Private Placement is being repriced in order to more accurately reflect the recent market price of the Company's common shares. The Company intends to issue on a non-brokered Private Placement basis up to 30,000,000 common shares of the Company at a price of $0.10 per share for gross proceeds of up to $3,000,000.

  • Newsfile

    PowerBand Announces Non-Brokered Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - February 5, 2019) - PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) ("PowerBand", "PBX" or the "Company"), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it intends to issue on a non-brokered private placement basis (the "Private Placement") up to 20,000,000 common shares of the Company at a price of $0.20 per share for gross proceeds of up ...

  • ACCESSWIRE

    PowerBand Receives Conditional Approval of Fundamental Acquisition of MUSA Auto Finance

    VANCOUVER, BC / ACCESSWIRE / February 4, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) (''PowerBand'', ''PBX'' or the ''Company''), a leading online automotive auction, remarketing and sales platform in North America, is pleased to announce that it has received conditional approval from the TSX Venture Exchange (''TSXV'') in respect of the Company's proposed Fundamental Acquisition (previously announced on January 23, 2019) of MUSA Holdings, LLC, and its subsidiaries, including MUSA Auto Finance, LLC (''MUSA''), in a transaction valued at US$15 million.

  • ACCESSWIRE

    PowerBand Provides Market Update

    VANCOUVER, BC / ACCESSWIRE / January 24, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand," "PBX" or the "Company"), a leading online automotive auction, remarketing and sales platform in North America, announced today that further to its news release dated January 23, 2019 regarding the Company’s negotiations to acquire MUSA Holdings, LLC, the TSX Venture Exchange has determined that the transaction would constitute a Fundamental Acquisition pursuant to Exchange Policy 5.3. A review of the acquisition has commenced and the shares of PBX will remain halted until the TSX Venture Exchange has determined that its review policies for a Fundamental Acquisition have been met.

  • ACCESSWIRE

    Today's Research Reports on PowerBand Solutions, AcuityAds Holdings, Enghouse Systems and Calian Group

    NEW YORK, NY / ACCESSWIRE / January 24, 2019 / The Market Wealth Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE

    PowerBand is in Negotiations to Acquire MUSA Auto Finance for US$15 million - A Leading FinTech Auto Lease Finance Company in the United States

    VANCOUVER, BC / ACCESSWIRE / January 23, 2019 / PowerBand Solutions Inc. (OTCQB: PWWBF) (TSX-V: PBX)(Frankfurt: 1ZVA) (" PowerBand, " " PBX " or the " Company "), a leading ...

  • ACCESSWIRE

    PowerBand Announces Board Resignation

    VANCOUVER, BC / ACCESSWIRE / December 19, 2018 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand" or the "Company"), announces that it has accepted the resignation of Robert Kiesman from the Company's Board of Directors, effective immediately. Mike Moen, President and COO, and Kelly Jennings, CEO, would like to acknowledge Mr. Kiesman for his contributions and wish him the best with his future endeavours. The Company would also like to announce that it will be appointing a representative from the Hunt Automotive Group to the Board of Directors in the New Year.