PBX.V - PowerBand Solutions Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.0700
0.0000 (0.00%)
At close: 10:44AM EDT
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Previous Close0.0700
Open0.0700
Bid0.0600 x N/A
Ask0.0700 x N/A
Day's Range0.0700 - 0.0700
52 Week Range0.0550 - 0.2200
Volume15,000
Avg. Volume46,493
Market Cap6.178M
Beta (3Y Monthly)3.04
PE Ratio (TTM)N/A
EPS (TTM)-0.0540
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • ACCESSWIRE

    PowerBand Announces Appointment of New Director

    VANCOUVER, BC / ACCESSWIRE / October 3, 2019 / PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive leasing, auction remarketing, and vehicle acquisition and sales platform in North America, is pleased to announce that Ms. Andrea Parliament has been appointed to its board of directors (the "Board"). Ms. Parliament has been a practicing lawyer in Ontario, Canada since 2001 and has over 29 years of business management experience. In addition to owning and running her own businesses, she obtained an MBA and a Juris Doctorate from Dalhousie University in 1999.

  • ACCESSWIRE

    PowerBand Announces Corporate Changes

    VANCOUVER, BC / ACCESSWIRE / October 1, 2019 / PowerBand Solutions Inc. (PWWBF) (PBX.V) (1ZVA.F) ("PowerBand," "PBX" or the "Company"), a leading online automotive leasing, auction remarketing, and vehicle acquisition and sales platform in North America, announces that it has accepted the resignation of Mike Moen as President, COO and Director, effective today. Mr. Moen will continue to support PowerBand by advising on capital market opportunities and fundraising. Kelly Jennings, PowerBand's CEO, will assume the role of President.

  • ACCESSWIRE

    PowerBand Appoints Dr. William Chai and Sean Lee as Senior Advisors for Asian Expansion

    VANCOUVER, BC / ACCESSWIRE / September 25, 2019 / PowerBand Solutions Inc. (PBX.V)(PWWBF)(1ZVA.F) ("PowerBand", "PBX" or the "Company"), is pleased to announce that it has appointed Dr. William Chai and Mr. Sean Lee as Senior Advisors to the Company to provide advice and guidance on PowerBand's ambitious Chinese and southeast Asian expansion plans, and to present business opportunities to PowerBand through their expansive and high-level contacts in China. Dr. Chai has more than 30 years global venture fund management and investment experience.

  • ACCESSWIRE

    Powerband Announces Appointment Of New Director

    VANCOUVER, BC / ACCESSWIRE / September 24, 2019 / PowerBand Solutions Inc. (PBX.V)(PWWBF)(1ZVA.F) ("PowerBand", "PBX" or the "Company"), a leading online automotive leasing, auction remarketing, and vehicle acquisition and sales platform in North America, is pleased to announce that Mr. Bill Butler has been appointed to its board of directors (the "Board"). Kelly Jennings, CEO of PowerBand, stated: "I am pleased that Bill has accepted our offer to join the Board of PowerBand. PowerBand Solutions Inc. is a technology provider listed on the TSX Venture Exchange.

  • ACCESSWIRE

    PowerBand Announces Death of Director

    VANCOUVER, BC / ACCESSWIRE / September 20, 2019 / PowerBand Solutions Inc. (PBX.V)(PWWBF)(1ZVA.F) ("PowerBand", "PBX" or the "Company"), announces, with great sadness, that Mr. Frank Ciaramella, a member of PowerBand's Board of Directors, has passed away. Mr. Ciaramella had been a director of PowerBand since February 2018 and was the Chair of the Company's Audit Committee. "On behalf of the Board of Directors and the entire PowerBand team, we want to extend our deepest condolences to Frank's family", stated Kelly Jennings, CEO of PowerBand.

  • ACCESSWIRE

    U.S. Car Dealerships Will Soon Have Access to PowerBand's Revolutionary Transaction Platform

    VANCOUVER, BC / ACCESSWIRE / September 17, 2019 / PowerBand Solutions Inc. has reached another milestone on its path to revolutionizing the purchase, sale, lease and auction of automobiles in North America and globally. Following approval from the TSX Venture Exchange, PowerBand Solutions Inc. (PBX.V) (PWWBF) (1ZVA.F) ("PowerBand", “PBX” or the "Company”), has completed its acquisition of a 60 per cent interest in MUSA Holdings, LLC and its subsidiaries, including MUSA Auto Finance, LLC (“MUSA”), the Dallas-based technology innovator in the new and pre-owned vehicle leasing industry, valued at US$120 billion annually1. Licensed in 33 states, MUSA plans to be doing business in 48 states within a year.

  • Investors Who Bought PowerBand Solutions (CVE:PBX) Shares A Year Ago Are Now Down 19%
    Simply Wall St.

    Investors Who Bought PowerBand Solutions (CVE:PBX) Shares A Year Ago Are Now Down 19%

    The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...

  • 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.