C-Bond Systems, Inc.
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Report Link: Initial Research Report (Dated 11/15/2019)
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $0.25
Time Horizon: 12 Months
Rating Established: November 15, 2019
Price When Established: $0.08
Most Recent Report: November 15, 2019
Price When Issued: $0.08
C-Bond Achieves Record Revenue in 2019
On January 21, 2020, C-Bond Systems (OTC: CBNT) announced that it achieved record revenue in 2019, including more than $358,000 from sales of C-Bond BRS, its ballistic-resistant film system. Sales of C-Bond BRS grew more than 60% year-over-year.
To further the growth of C-Bond BRS in 2020 and beyond, management is focused on media outlets, among other organizations, which have become a significant customer for this security product.
C-Bond’s India Distributor Launched Online Sales of NanoShield
On January 6, 2020, C-Bond Systems (OTC: CBNT) announced that Quantron Business Tech Solutions Pvt Ltd., the company’s distributor in India, has launched online sales of C-Bond NanoShield with initial orders placed of approximately $50,000.
C-Bond Systems, Inc., headquartered in Houston, Texas, is engaged in the implementation of proprietary nanotechnology applications and processes to enhance the strength, functionality and sustainability of brittle material systems. The company’s primary focus is on the multi-billion-dollar glass and window film industry with target markets in the US and internationally.
Please view our current disclosure and disclaimer on our most recent research report.