Is This Company A Life Saver?

They describe themselves as a player in the nanotechnology field... [Image] C-Bond Systems,(OTC: CBNT) a ground-breaking nanotechnology firm, is potentially rewriting the playbook on school safety. By harnessing its patented technology, they're making strides in the glass and window film industry, creating ballistic-resistant solutions already being adopted in Texas schools. Their mission: making educational spaces safer in an era of increasing concerns around shootings. Sounds good…but is its stock worth trading? C-Bond Systems (OTC: CBNT) - 1-month trading range: $0.0085 - $0.0129 - Typical average daily volume: ~1,792,929 - Float: ~120.3 million C-Bond Systems Business C-Bond Systems, LLC is based out of Houston, Texas. They describe themselves as a player in the nanotechnology field, with their eyes set on using their patented C-Bond technology to modify porous material systems. Their current playground is the glass and window film industry, a sector that's valued in the billions. The National Science Foundation says nanotechnology is about to make a big splash, predicting it will create more change in the next 30 years than the whole of the last century. According to the company’s website they’ve done projects with the FBI, LAPD, Houston Fire Department, George Bush International Airport, LAX, Bank of America, Disney, Haliburtn, Highland Park ISD, just to name a few. In the past three months, C-Bond Systems Patriot Glass Solutions Division received a purchase order to install C-Bond Secure Protective Film at two Austin TX area schools, received a $63,000 purchase order for C-Bond Secure to protect a fulfillment center for a major online retailer, and another $77,000 purchase order from a Texas high school for its C-Bond Secure Protective Film and related products. C-Bond has ticked boxes across the board, meeting and matching standards set by authorities like the American National Standards Institute (ANSI), and the American Society for Testing and Materials (ASTM). But they didn't stop there. Their technology also passed the stringent evaluations of the General Services Administration (GSA), National Institute of Justice (NIJ), Consumer Product Safety Commission (CPSC), and Underwriters Laboratories (UL). That's a hefty list of acronyms right there, but what it translates to is this: C-Bond isn't just dreaming big, they're backing it up with hard, tested, and validated evidence. Sounds good…but are they making money? Financials [l2-qyXow09Tn87aQ0EwbVSbn3nUf2lKDhNs8Me5zEmCqYXkJntElVYR1D7Q3zS0g7RXdRJmTYtwWkgI_xHbigjfjuBplsj9wTMAzK37DNeIeyYKWN1tDxmZhQoTdwpd4Fq0uP50DOwL23k7MBd01zRU] Source: [CBNT]( Positive Points: -Revenue Stability: Over the year, the company's sales have been stable with a slight increase from $510,709 to $515,220. -Cost Management: Cost of sales have decreased from $249,630 to $245,360, indicating improvements in operational efficiency or cost control. -Inventory Management: The decrease in inventory from $77,446 to $59,346 suggests efficient inventory management or increased sales, which is typically a good sign. Negative Points: -Negative Net Income: The company has been consistently reporting losses. The net loss for the first quarter of 2023 is $723,087, which is less than the loss reported in the same period in 2022 ($1,919,419), but it still indicates that the company is not profitable. -High Operating Expenses: Total operating expenses have declined from the previous year but are still significantly higher than gross profit, which is causing the operational loss. This situation suggests the company needs to better manage its operating costs. -Rising Debt: The company has a high level of debt, as seen in the total current liabilities of $5,020,464 and long-term liabilities of $853,424. The interest expense has also increased, which might indicate the company is borrowing more to finance its operations or investments. -Cash Flow Concerns: The company's net cash used in operating activities is $290,971, showing it's spending more cash than it's generating from its core business operations. This is a concern and shows that its operations are not generating sufficient cash to maintain the business. -Lack of Sufficient Cash Reserves: With just $82,984 in cash as of March 31, 2023, down from $97,091 at the end of 2022, the company might find it difficult to meet immediate obligations or unexpected costs. Promoter Activity I received word about this company from one promoter who started their campaign on June 30th, 2023. Here are some of their main points on why investors should care about the stock: -C-Bond Systems is a nanotechnology company using patented technology to enhance the strength and resilience of glass. -The company is responding to increasing concerns over school and workplace shootings. -The technology is being applied within the multi-billion-dollar glass and window film industry. -Over 100 locations in Texas have installed C-Bond's ballistic-resistant safety product, C-Bond BRS. -Independent third parties have tested and validated the product's ballistic-resistant protection. -The company has recently received significant purchase orders for its security products, indicating growing market acceptance. The promoter was paid $2,500 and 4 million shares of CBNT common stock for its investor relations services. Straight to the Facts This is one of those stocks you want to keep on your watchlist for special situations. For example, if there are riots or school shootings, it could be a positive catalyst for the stock. I know that sounds horrible, but I’m just keeping it real with you. Outside of that, it’s hard to get excited about this company given that bad things need to happen for its business to thrive. Baron Von Stocks Red Oak Media Group, 7940 Ann Arbor St Dexter MI USA 48130 To update contact information or unsubscribe from this list, please [click here](