Public market insider buying at Powerband Solutions (V:PBX)

Kelly David Michael Jennings, a Senior Officer and Director, acquired 400,000 Common Shares on a direct ownership basis at prices ranging from $0.290 to $0.295 on May 23rd, 2018. This represents a $116,144 investment into the company's shares and an account share holdings change of 0.8%.

Powerband Solutions is in the Software Sub Industry Group under the Technology Sector.

PowerBand Solutions Inc, formerly Marquis Ventures Inc, is a Canada-based technology provider. The Company develops solutions for automotive and other industries. It offers a Software-as-a-Service auction and finance portal platform, namely PowerBand Exchange, for its' automotive dealership, Original Equipment Manufacturer, commercial fleet and rental company customers. The Company's solutions are: Livenet Auction Portal, which allows dealers to create an online auction that launches a used vehicle to a network of the industry's used vehicle buyers; Marketplace Auction, which allows dealers, dealer groups, rental, and leasing companies to load a used vehicle onto the site with a description of the vehicle, photos, condition reports, and a pre-set Reserve Bid; Dynamic Appraisal, an electronic used vehicle appraisal system; Market Intelligence, which provides automotive dealerships with retail market price valuations; Desking Tool, and Finance Portal. Powerband Solutions Inc. (PBX) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $116,144.