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Phoenix, Arizona--(Newsfile Corp. - August 4, 2021) - The Stock Day Podcast welcomed C-Bond Systems, Inc. (OTC Pink: CBNT) ("the Company"), a Houston-based nanotechnology company and marketer of the patented and patent-pending C-Bond technology, which is independently proven to strengthen glass in automotive and structural applications. CEO of the Company, Scott R. Silverman, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects. "This is the fifth small-cap, advanced technology public company that I have run in the last 20 years," explained Silverman. "The majority of those companies were in the Radio Frequency Identification (RFID) space," he shared. "All of these companies ended up in a successful transaction or result for the shareholders of the company."
"We took the company public through a merger in April of 2018, and since then we have been commercializing both our proprietary and other products for the benefit of the security and safety area. We are also looking to gain traction with the larger partners out there in the glass and brittle material world," continued Silverman.
"Could you tell us about C-Bond's intellectual property portfolio and the technology that you are now starting to commercialize?" asked Jolly. "To date, we have 22 patents and/or patents pending," said Silverman. "The majority of these patents are in the area of strengthening brittle materials."
"Most recently we received a new patent from the US Patent Trademark Office for our flagship product, C-Bond nanoShield," said Silverman. "This forms the basis of our transportation solutions group," he said. "We strengthen glass, we strengthen windshields. In the case of C-Bond nanoShield, that patent makes us the only one, that I am aware of, that has a patented technology for strengthening windshields."
Silverman then elaborated on the Company's window film safety products. "One is C-Bond Secure, which is an anti-theft and deterrent product," said Silverman. "We fortified that technology and created the C-Bond BRS, which stands for 'Bullet Resistant Solution'," he continued, adding that the solution is certified to meet National Institute of Justice standards.
"We recently announced that our Safety Solutions Group, with our recent acquisition of A1 Glass, is going to be rebranded as Patriot Glass Solutions, a division of C-Bond Systems," shared Silverman.
"The IP portfolio itself was valued by Duff & Phelps at $33.7 million," continued Silverman. "Obviously we feel that we are undervalued right now based on that IP valuation, which was before the newly issued patent for the C-Bond nanoShield product."
"We're continuing to expand our IP portfolio by working on new products," said Silverman before elaborating on these technologies, including a water run-off and strengthening product for windshields and self-healing glass. "With success, and there's no guarantee of success with this project, we will be able to put a fluid directly on a visible crack in a windshield and heal it through a heating process."
"The product that we are currently working on, that we have filed a provisional patent for, would actually be able to cure and heal a visible chip or crack in a windshield," said Silverman.
Jolly then asked about the Company's recent acquisition, which is intended to add $2 million in revenue. "A1 Glass has been our premier distributor out of the San Antonio, Texas and Austin, Texas marketplace for the last five years," said Silverman. "We have made the decision to make A1 part of C-Bond; we have acquired that company," he explained. "On an annual basis, it will add at least $2 million per year to the revenues on a consolidated basis for C-Bond Systems," said Silverman, adding that the President of A1 Glass, Michael Wanke, will transition to lead the Company's Safety Solutions Group sector, which will become Patriot Glass Solutions.
To close the interview, Silverman encouraged listeners and shareholders to keep up-to-date on the Company's projects as they continue to grow and build value through their patented technologies.
To hear Scott Silverman's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7918098-c-bond-systems-inc-ceo-scott-silverman-is-featured-on-the-stock-day-podcast.
C-Bond Systems, Inc. (OTC Pink: CBNT) is a Houston-based nanotechnology company and marketer of the patented and patent-pending C-Bond technology, which is independently proven to strengthen glass in automotive and structural applications. The Company's Transportation Solutions Group sells C-Bond nanoShield, a liquid solution applied directly to automotive windshields, primarily through distributors. The Company's Patriot Glass Solutions sells ballistic-resistant glass solutions and forced entry deterrent solutions directly to private enterprises, schools, and government agencies, primarily through its majority-owned subsidiary, A1 Glass Coating. The Company also sells MB-10 Tablets, a disinfection product on EPA's List N. For more information, please visit our website: www.cbondsystems.com, Facebook: https://www.facebook.com/cbondsys/ and Twitter: https://twitter.com/CBondSys.
Statements in this press release about our future expectations, including the likelihood that we're continuing to expand our IP portfolio by working on new products, including a water run-off and strengthening product for windshields and self-healing glass; the likelihood that with success, we will be able to put a fluid directly on a visible crack in a windshield and heal it through a heating process; the likelihood that on an annual basis, the acquisition of A1 Glass Coating will add at least $2 million per year to the revenues on a consolidated basis for C-Bond Systems; the likelihood that Michael Wanke will transition to lead the Company's Safety Solutions Group sector, which will become Patriot Glass Solutions; constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, C-Bond's ability to raise capital; the Company's ability to successfully commercialize its products; the effect of the COVID-19 global pandemic on the Company's and its customers' ability to operate; the Company's ability to source materials; the Company's ability to retain key employees and consultants; as well as other risks. Additional information about these and other factors may be described in the Company's filings with the Securities and Exchange Commission ("SEC") including its Form 10-K filed on April 14, 2021, its Forms 10-Q filed on May 14, 2021, November 16, 2020, and August 14, 2020, and in future filings with the SEC. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
C-Bond Systems 6035 South Loop East Houston, TX 77033
Brokers and Analysts: Chesapeake Group
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92047.