HOUSTON, April 21, 2022 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that its Chairman and Chief Executive Officer, Scott R. Silverman, conducted a video interview with Proactive Investors to discuss the Company’s financial results for the year ended December 31, 2021, including record revenue of more than $1.47 million. Mr. Silverman also provided an outlook for C-Bond’s Patriot Glass Solutions division and its Transportation Solutions Group for 2022. The video can be watched here.
Patriot Glass Solutions protects personal and business property across the United States from looting, rioting, break-ins, and gunfire. Its core products are C-Bond Secure, a multi-purpose glass strengthening primer and window film mounting solution that deters forced entry, and C-Bond BRS, a ballistic-resistant film system. C-Bond BRS is validated by an independent third-party laboratory to provide National Institute of Justice (NIJ) Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection.
The leading product for C-Bond’s Transportation Solutions Group is C-Bond nanoShield™, a first-of-its-kind chemical solution that protects and strengthens windshields by permeating the glass surface and repairing the microscopic flaws and defects on the glass that ultimately initiate chipping and cracking. The strengthening process begins immediately upon application and continues while the material cures in the following days. The product is easy to apply and is sprayed on and squeegeed off.
Proactive Investors is one of the fastest growing financial media portals in the world, providing breaking news, commentary and analysis on hundreds of listed companies and pre-IPO businesses across the globe, 24/7.
About C-Bond C-Bond Systems, Inc. (OTC: 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.
Forward-Looking Statements Statements in this press release about our future expectations 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, 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 and its customers’ ability to source materials; the Company’s ability to raise capital; 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 15, 2022, its Forms 10-Q filed on November 15, 2021, August 16, 2021, and May 14, 2021, 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.
Yahoo Finance Live’s Brian Sozzi and Pras Subramanian discuss first quarter earnings for Tesla, production issues amid supply chain disruptions, consumer demand, cost increases, and inflation.
"I was surprised that people do not realize the magnitude of the Optimus robot program," the Tesla CEO said on the company's earnings call late Wednesday.
The last five years have been very good for Advanced Micro Devices (NASDAQ: AMD). Case in point: An investment of $10,000 in AMD made in April 2017 would now be worth $75,600. Shares are down 35% year-to-date as investors have soured on the technology sector.
Yahoo Finance's Rachelle Akuffo discusses what to watch when American Airlines reports earnings ahead of the bell on Thursday.
Short-term stock market jitters are a great opportunity to pick up high-growth stocks like these at a discount.
Veru (NASDAQ: VERU) is a bit of an oddball in biotech. It's developing medicines for breast cancer and treatment-resistant prostate cancer, but it's also trialing a therapy for severe COVID-19, not to mention making a globally distributed reproductive health product. With a gain like that, could Veru be a diamond in the rough?
Last year, Kinder Morgan (NYSE: KMI) delivered an earnings gusher in the first quarter by taking advantage of opportunities that arose when winter storms hit Texas. Because of that, the natural-gas pipeline giant went up against a tough comparable quarter this year. Kinder Morgan generated $1.455 billion of distributable cash flow during the first quarter, down 38% year over year.
Investing in this generic drugmaker would be a gamble, but there are reasons why it might be worth a look.
The red-hot maker of graphics chips is facing headwinds that range from the aftereffects of pandemic-era spending to waning demand from gamers.
Twilio (NYSE: TWLO) had a hump day to forget. The specialty-tech company saw its share price decline by slightly over 10%, following a price-target cut from an otherwise bullish analyst tracking the stock. Wednesday morning, Oppenheimer's Ittai Kidron reduced said Twilio price target substantially, to $380 per share from the previous (and much higher) level of $550.
The Federal Reserve changed course last month, implementing its first interest rate hike in 3 years, and announcing the end of its long-standing policy of bond purchases – quantitative easing – going forward. The moves are a direct response to high inflation, a necessary shift when the inflation is running at 8.5% annualized. In the meantime, markets are volatile. Stock and bond markets are fluctuating, and we’re starting to see short-term bond yields exceed the long-term. It’s definitely intere
PayPal (NASDAQ: PYPL) investors have had a rough go of it lately, and Wednesday wasn't any better, with the stock down 6.7% as of 1:43 p.m. ET. The stock is now down nearly 70% from its 52-week highs. There wasn't much in the way of "new" news on Wednesday, but a financial analyst at SMBC Nikko Securities kept his "underweight" rating on the stock and lowered his price target.
Shares of Spotify Technology (NYSE: SPOT), DraftKings (NASDAQ: DKNG), and Paramount Global (NASDAQ: PARA) were all down big on Wednesday, falling 10.9%, 7.8%, and 8.6%, respectively, on the day. One might think that today's reaction is a bit severe, and that Netflix's troubles may be more company-specific. One might think Paramount Global would get a more bullish turn today, given that it is a direct competitor to Netflix and is much cheaper.
Warren Buffett is once again demonstrating why he's called the Oracle of Omaha. While the S&P 500 is floundering, shares of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have jumped close to 17% year to date. A big part of Berkshire's impressive gain is due to even better performances from individual stocks in its portfolio.
Pershing Square Holdings, Ltd., in a letter to shareholders, said Wednesday it sold its investment in Netflix Inc.
These industry-leading businesses benefit from big market opportunities, and both could help you make bank in the stock market.
The used-car retailer said it would not be providing “specific numeric near-term guidance” for the remainder of the year.
The forecast helps cement hopes that the travel industry will be making a comeback as demand increases.
A legendary investor has called a bottom for the Chinese stock market, but some investors still aren't sure.
U.S. stocks advanced Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening.