HOUSTON, Jan. 19, 2023 (GLOBE NEWSWIRE) — C-Bond Systems (OTC: CBNT), a nanotechnology solutions company, today announced that its Chairman and Chief Executive Officer, Scott R. Silverman, has made a direct investment of $300,000 into the Company with a purchase of the Company’s common stock at market price, or more than 54 million shares of stock at $0.0055 per share.
Silverman stated, “I believe C-Bond is on the precipice of great things, opportunities that could potentially transform the Company. Due to my confidence in both our Patriot Glass Solutions division, which is seeing tremendous demand for our products due to the call for increased school safety, and C-Bond nanoShield™, which is seeing significant growth opportunities in the vehicle warranty business, I am investing my personal capital in the future of the Company.”
The Company will file a Form 8-K with additional details of the investment.
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 to private enterprises, schools, and government agencies, primarily through its majority-owned subsidiary, A1 Glass Coating. The Company also sells MB-10 Tablets and Vimoba Tablets, disinfection products on EPA’s List N. For more information, please visit our websites: www.cbondsystems.com
