TORONTO, ON / ACCESSWIRE / May 4, 2022 / PowerBand Solutions Inc. (TSXV:PBX, Financial) (OTCQB:PWWBF) (FRA:1ZVA, Financial) ("PowerBand", "PBX" or the "Company"), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, wishes to inform shareholders that it is pursuing strategic transactions and negotiations with certain arm's length third parties with a view to recapitalizing the Company in order to further the continued growth of the Company's online platforms, while focusing on stabilizing costs and expenses. Further updates will be provided as they become available. There are currently no agreements with respect to these transactions in place, and there are no guarantees that any such transactions will occur.
PowerBand Announces Pursuit of Strategic Transactions, Information on Executive Transfer of Share Rights, and Management Changes
May 05, 2022
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