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Multiple insider buying at Powerband Solutions (V:PBX)

Updated Monday Jul 12, 2021 02:50 AM EDT

Jon Noll Lamb, a Senior Officer, acquired 183,824 Common Shares on a direct ownership basis at a price of $0.680 through a prospectus or prospectus exempt offering on July 8th, 2021. This represents a $125,000 investment into the company's shares and an account share holdings change of 5.0%.

Three other insiders also participated in smaller amounts.

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 small-cap peers in the market over the past three months. According to recent regulatory filings, four insiders have invested a total amount of $195,001.

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Go to Powerband Solutions Inc. (PBX)'s company page

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