PWWBF - PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Allows Consumers to Buy Sell Automobiles in 20-Minute Online Auctions
- Cutting-edge platform was launched in 2019 with 1,300 dealers as registered users
- 20-Minute live, online auctions get consumers the best possible price
- The automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector
- Auctions growing at a faster rate than physical auctions, with more than 40 million used vehicles being transacted annually
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a global technology provider disrupting the outdated methods of buying and selling cars in the automotive industry, aims to provide the sector with a new and revolutionary alternative to physical auctions.
To this end, the company partnered with Arkansas-based financier Bryan Hunt, Director of J.B Hunt Transport, to launch the D2D Auto Auctions platform which includes the Driveaway app that be used on a smart phone or home computer. Consumers, through a network of dealers, get live bids in...
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