NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.
Post# of 122
(Total Views: 246)
Posted On: 06/05/2020 5:08:57 PM
NetworkNewsBreaks - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Utilizes D&P Holdings' $10M Commitment to Advance Cloud-Based Vehicle-Transaction Platform
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform that provides virtual transactions to consumers and automotive dealers in the United States. An article discussing the company reads, “The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. ‘We are confident PowerBand’s virtual-transaction platform will greatly assist the automotive industry in recovering from the COVID-19 pandemic by empowering consumers and dealers to buy, sell, lease and trade cars and trucks from any remote location,’ Armstrong added. . . . D&P, which works directly with more than 850 dealerships in all 50 states, is one of the United States’ largest administrators of automotive warranty and insurance products. To date, it has completed $3.3 million of its $10 million investment into PowerBand US, which will be available as needed.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) recently secured an additional $600,000 from Texas-based D&P Holdings Inc. to offer its platform that provides virtual transactions to consumers and automotive dealers in the United States. An article discussing the company reads, “The capital injection of $600,000 is part of D&P’s ongoing commitment to invest up to $10 million in PowerBand Solutions US Inc., a wholly owned subsidiary of PowerBand Solutions. According to D&P CEO John Armstrong, his company remains unwavering in its commitment to invest at least $10 million in the platform’s development. ‘We are confident PowerBand’s virtual-transaction platform will greatly assist the automotive industry in recovering from the COVID-19 pandemic by empowering consumers and dealers to buy, sell, lease and trade cars and trucks from any remote location,’ Armstrong added. . . . D&P, which works directly with more than 850 dealerships in all 50 states, is one of the United States’ largest administrators of automotive warranty and insurance products. To date, it has completed $3.3 million of its $10 million investment into PowerBand US, which will be available as needed.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Powerband Solutions Inc. (PWWBF) Stock Research Links
Scroll down for more posts ▼