PWWBF - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Fills Market Gap Amid Mounting Fear of Public Transit Crowded Dealerships
- PowerBand’s cloud-based transaction platform streamlines vehicle sales interactions among participants and eliminates unnecessary middlemen
- 90% of Americans now feel anxious or uncomfortable in real-life dealership settings
- Virtual auctions have unlimited potential as COVID-19 disrupts automotive dealership and auction industries
Fear of catching COVID-19 is causing many commuters to turn their eye to the auto market, to purchase a vehicle instead of taking a bus. But they are increasingly afraid of crowded dealerships. If COVID-19 has taught us anything, it is that the future of auto sales is online, and PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is among the pioneers of this trend.
The public transit crisis around the world is clear. The number of users has shrunk, funding streams have become limited, and mass transit won’t recover from the pandemic with so many people living in fear. U.S. transit agencies may see an annual shortfall of as much as $26 billion to $40 billion because of the...
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