PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today clarified that the donation (1,000,000 PBX shares) to Giving HOPE, the New Orleans-based charity, is a personal gift from PowerBand CEO Kelly Jennings. “My donation has no impact on the treasury of PowerBand nor does it dilute the company in any way,” said Jennings. “We wanted to make that clear to our shareholders.” The donation allows Giving HOPE the ability to redirect other funds to build HOPE House orphanages, one of Giving HOPE’s several humanitarian undertakings. Inspired by the extreme lack of attention of children abandoned in horrendous conditions, Giving HOPE’s goal is to finance and build orphanages on every livable continent.
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About PowerBand Solutions Inc.
PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – DRIVRZ(TM) – will be available across North American and global markets. For more information, visit
www.PowerBandSolutions.com.
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