PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Announces Share Restructuring to Accommodate Acquisition of Leasing Platform

September 8, 2020 11:03:32
  • Cloud-based platform to facilitate buying, selling, leasing, and trading-in vehicles
  • Partners with leading financial platform, RouteOne
  • Access to thousands of dealerships across the United States, Canada
  • More than 1,500 sources of finance
  • Share restructuring to accommodate acquisition of MUSA leasing platform

The recent annual general meeting of PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) took a celebratory tone as it marked the one-year anniversary of the company’s investment in the MUSA Holdings leasing platform. Shareholders approved a series of stock restructuring proposals that included an increase in authorized shares and, notably, the issue of new shares to fund the MUSA stake (http://nnw.fm/P4QE3).

PowerBand recently added another national auto insurance network to its growing online sales platform. The company has quickly become a fintech leader in the North American, auto-leasing market. The company’s innovative technology platform brings the ecommerce experience to the buying, selling, leasing and…

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NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://nnw.fm/PWWBF

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