C-Bond Systems Stock Price, News & Analysis

C-Bond Systems, Inc. (OTC: CBNT) is described as a nanotechnology company and marketer of patented C-Bond technology that is independently proven to strengthen glass in architectural applications. The company is associated with glass strengthening solutions that enhance safety and security in buildings and other facilities.

According to multiple company disclosures, C-Bond Systems is based in Universal City, Texas. Its stock trades on the over-the-counter market under the symbol CBNT. The company’s public communications emphasize the use of its patented C-Bond technology in glass applications where increased strength, ballistic resistance, and forced-entry resistance are important.

Core Technology and Glass Strengthening Focus

C-Bond’s patented nanotechnology is described as strengthening glass by repairing microscopic defects that occur naturally on the glass surface and by providing a bond between window film and glass that is superior to a typical soap and water application. This technology is used in systems that aim to improve the performance of glass under impact and other stress conditions.

The company’s technology has been incorporated into ballistic-resistant and forced-entry-resistant film systems. These systems are designed to work with specified glass thickness and multiple layers of security film, using C-Bond’s glass strengthening formulation as a key component of the overall solution.

Patriot Glass Solutions Subsidiary

C-Bond Systems has disclosed that it operates through a subsidiary called Patriot Glass Solutions. This subsidiary sells ballistic-resistant glass solutions and forced entry deterrent solutions to private enterprises, schools, government agencies, and other organizations. Public announcements state that Patriot Glass Solutions’ patented technologies have been installed in more than 200 schools, government buildings, media sites, and other facilities around the United States.

Products marketed through Patriot Glass Solutions include:

• C-Bond BRS (Ballistic-Resistant System), a ballistic-resistant film system that includes C-Bond’s patented glass strengthening technology and multiple layers of security film on specified glass thickness. It is described as certified by third-party laboratories to meet National Institute of Justice (NIJ) Level I, Level IIA, Level II, Level III, and Underwriters Laboratories (UL) 752 ballistic-resistant protection standards.
• C-Bond Secure, a forced-entry resistant security film system that uses C-Bond’s glass strengthener with security film. Company materials state that C-Bond Secure is an application to deter forced entry and that it delays forced entry, providing additional time for law enforcement or security personnel to respond and move occupants to safety.
• Other film products mentioned include graffiti film, reflective film, solar film, and protective film installations for specific applications such as sea life tanks at a theme park.

Applications and End Markets

Based on company announcements, C-Bond Systems and Patriot Glass Solutions focus on installations where enhanced glass safety and security are important. Examples cited in public communications include:

• Educational institutions, including universities and schools, where ballistic-resistant and forced-entry-resistant film systems are installed on entrances, ground floors, and upper floors.
• Government buildings, media sites, and other facilities around the country that require ballistic-resistant or security film solutions.
• Religious facilities, such as synagogues and other places of worship, where C-Bond BRS and C-Bond Secure are used to address security concerns related to social unrest and threats.
• Commercial customers, including a movie theater and entertainment center chain and a theme park, where Patriot Glass Solutions has been selected to install security and protective films.
• Residences of high-profile individuals, where security film installations are used to address personal security concerns.

The company has also discussed joint development efforts through Patriot Glass Solutions with Fox2Sierra, LLC, focusing on a portable, transparent, bullet-resistant shield intended for use during public speaking events by high-profile speakers such as politicians and business executives. This project combines Fox2Sierra’s Active Shooter Evacuation/Escape Security Shield (ASESS) with C-Bond’s ballistic-resistant system.

Corporate Developments and Strategic Direction

C-Bond Systems has reported that it is a developer and marketer of glass strengthening solutions for enhanced safety. In its communications, the company has highlighted revenue growth associated with its Patriot Glass Solutions subsidiary and described strong demand for its security and ballistic-resistant products in various markets.

The company also announced a debt forgiveness, equity redemption, and strict foreclosure transaction with secured creditors. As part of this transaction, C-Bond agreed to a foreclosure on its 80% ownership of Patriot Glass Solutions, related patents, and other assets. Public disclosures state that, following this transaction, C-Bond Systems will continue to be a sales representative for Patriot Glass Solutions products and will continue to be involved in the manufacturing of C-Bond products, while also pursuing new business opportunities.

In addition, C-Bond Systems has launched a podcast series hosted by its CEO and a partner from Cervitude. The series is intended to discuss the history of the company, its patented technology, and applications of that technology, as well as market demand and developments related to bullet-resistant and security window film applications.

Emerging Focus on Precision Dosing in the Gummy Industry

C-Bond Systems has announced that it entered into a term sheet to acquire the assets of Gummy USA, LLC, SureDose, LLC, and Creative Manufacturing, LLC. These companies are described as participants in the nutraceutical gummy industry with patent-pending technology designed to ensure more precise dosing for nutraceutical and pharmaceutical gummies through a proprietary SureDose process.

According to the term sheet announcement, the SureDose process and related technology are designed to achieve dosing accuracy within narrow variance ranges, potentially improving compliance with dosing standards for nutraceutical and pharmaceutical gummies. The term sheet is described as non-binding, and both parties indicated an intention to work toward completing the transaction within a specified period due to anticipated growth and demand. This development suggests that, in addition to its glass strengthening activities, C-Bond Systems is evaluating opportunities in precision dosing technology for gummies.

Business Model Characteristics

From its public statements, C-Bond Systems positions itself as a company that develops and markets patented technology. In glass applications, the company’s role includes providing glass-strengthening formulations and associated systems, as well as participating in the sale and installation of security and ballistic-resistant film solutions through Patriot Glass Solutions and related arrangements. The company also communicates that it acts as a sales representative for Patriot Glass Solutions products and remains involved in manufacturing of C-Bond products.

The potential acquisition of Gummy USA, SureDose, and Creative Manufacturing, if completed, would add a business line centered on patent-pending technology for precision dosing in nutraceutical and pharmaceutical gummy manufacturing. The company’s communications highlight this as an opportunity in a large gummy market, with a focus on dosing accuracy and compliance with applicable standards.

Investor and Stakeholder Information

C-Bond Systems provides periodic updates through press releases, financial reports, and a podcast series. These communications have included revenue highlights for its Patriot Glass Solutions subsidiary, descriptions of significant installation contracts, and details of corporate transactions affecting its ownership of certain assets.

For investors and other stakeholders, the company’s public materials emphasize:

• The patented nature of its C-Bond glass strengthening technology.
• Third-party testing and certification of its ballistic-resistant systems to specified NIJ and UL standards.
• Installations across schools, government buildings, media sites, religious facilities, commercial venues, and private residences.
• Efforts to address security concerns related to active shooters, social unrest, and threats to high-profile individuals.
• Exploration of new business areas, such as precision dosing technology for nutraceutical and pharmaceutical gummies, through the term sheet to acquire Gummy USA, SureDose, and Creative Manufacturing.

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