C-Bond Systems, Inc. Discusses 2023 Highlights and 2024 Goals with The Stock Day Podcast

PHOENIX, AZ / ACCESSWIRE / January 3, 2024 / The Stock Day Podcast welcomed C-Bond Systems, Inc. (OTC PINK:CBNT)("the Company"), a San Antonio-based nanotechnology company and marketer of the patented C-Bond technology, which is proven to strengthen glass for architectural applications. CEO of the Company, Scott R. Silverman, joined Stock Day host Matthew Dunehoo.

Silverman began the interview by discussing the Company's 2023 highlights. "We entered 2023 looking to grow significantly with both our top-line and bottom-line related to the growth of our Patriot Glass subsidiary," shared Silverman, before elaborating on the industry-leading solutions developed by this division, which are designed to delay and prevent break-ins and shootings. "Going into the summer of 2023, we knew there would be a significant opportunity in the school space, particularly in Texas," he said, noting new state mandates and guidelines regarding public schools and window reinforcement solutions. "This is going to continue to expand in 2024 across other parts of the country as well."

"All-in-all, 2023 was a very successful year," continued Silverman. "As you know our 3rd quarter was a record revenue quarter, by far, with well over $800,000," he said. "We expect to be led into a very strong 2024 from a revenue growth perspective."

"The other highlight of 2023 was the sale of our automotive division, which we sold for $4 million in cash," shared Silverman. "This strengthened our balance sheet, paid off over $2 million in debt, and gave us working capital in order to go out there and grow the Patriot Glass Solutions division," he continued. "2023 was by far the best year that I have been at C-Bond and the best year in C-Bond's history."

"What can we expect for catalysts in 2024?", asked Dunehoo. Silverman explained that the Company now has an established pipeline of contracts and projects, including numerous multi-year contracts. "We have active jobs for the 4th quarter, which should yield very strong revenue production, but we also have a backlog going into 2024."

"Which catalysts do you believe will be the most inspirational to the investing public at large?", asked Dunehoo. "The revenue growth, as well as our established pipeline within the school, commercial, and government sectors, as well as the strengthening of our balance sheet by paying off our convertible debt in the sale of our automotive division," said Silverman. "Going into 2024, we hope to grow organically and perhaps externally too through partnership or acquisition to lead us into a position where 2024 revenues will be substantially higher than 2023 revenues."

To close the interview, Silverman thanked shareholders for their continued support and encouraged listeners to keep up-to-date on the Company's growing portfolio as they continue to expand throughout the school, commercial, and government sectors.

To hear Scott Silverman's entire interview, follow the link to the podcast here: https://audioboom.com/posts/8424603-c-bond-systems-inc-discusses-2023-highlights-and-2024-goals-with-the-stock-day-podcast

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About C-Bond

C-Bond Systems, Inc. (OTC PINK:CBNT) is a San Antonio-based nanotechnology company and marketer of the patented C-Bond technology, which is proven to strengthen glass for architectural applications. The Company's Patriot Glass Solutions subsidiary sells ballistic-resistant glass solutions and forced entry deterrent solutions to private enterprises, schools, and government agencies. For more information, please visit our websites: www.cbondsystems.com, www.patriotglasssolutions.com, Facebook: https://www.facebook.com/cbondsys/ and Twitter: https://twitter.com/CBondSys and https://twitter.com/Patriot_Glass.

Forward-Looking Statements

Statements in this press release about the Company's future expectations, including the likelihood that school mandates are going to continue to expand in 2024 across other parts of the country as well; the likelihood that we will be led into a very strong 2024 from a revenue growth perspective; the likelihood that the Company will continue to grow and expand across the country; the likelihood that going into 2024, we hope to grow organically and perhaps externally too through partnership or acquisition to lead us into a position where 2024 revenues will be substantially higher than 2023 revenues; 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 Company's and its customers' ability to source materials; construction delays; film delays; the Company's ability to raise capital; regulatory risks; 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 March 31, 2023, its Forms 10-Q filed on November 14, 2023, August 14, 2023, and May 15, 2023, 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.

Contact:
Allison Tomek
C-Bond Systems
atomek@cbondsystems.com

About The "Stock Day" Podcast

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SOURCE: Stock Day Media

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