WestMountain Alternative Energy Changes its Name to C-Bond Systems, Inc. and Ticker to CBNT on July 25th
HOUSTON, July 24, 2018 (GLOBE NEWSWIRE) -- C-Bond Systems, currently trading as WestMountain Alternative Energy, Inc. (collectively, the “Company” or “C-Bond”) (OTC:WETM), a nanotechnology company that improves and strengthens brittle materials, announced today it has officially changed its name to C-Bond Systems, Inc. and will begin trading under the ticker CBNT on July 25th.
In April 2018, C-Bond Systems, LLC, WestMountain Alternative Energy, Inc., and WETM Acquisition Corp. completed a merger agreement and plan of reorganization, at which time the Company announced it planned to change its name and stock symbol to something that more closely aligns with C-Bond’s business.
C-Bond is engaged in the implementation of proprietary nanotechnology applications and processes to enhance properties of strength, functionality and sustainability of brittle material systems with a strong focus in the glass industry. The C-Bond™ technology enables ordinary glass to dissipate energy by permeating the glass surface and detecting microscopic flaws and defects that are randomly distributed over the glass surface. C-Bond’s unique qualities then work to locate and repair the identified surface imperfections that weaken the glass composite structure and ultimately act as failure initiators.
C-Bond Systems, Inc., headquartered in Houston, Texas, is an advanced nanotechnology company and sole owner, developer and manufacturer of the patented C-Bond technology. C-Bond is the ONLY patent-protected nanotechnology product that is scientifically tested and commercially proven to significantly increase the strength, safety and performance levels of glass and window film products. For more information visit us at www.cbondsystems.com, on Facebook, or Twitter.
Statements in this press release about our future expectations 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, C-Bond’s ability to raise capital; the Company’s ability to target the flat glass market; the Company’s ability to successfully commercialize its products; 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 8-K filed on May 1, 2018, 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 6035 South Loop East Houston, TX 77033 firstname.lastname@example.org
Released July 24, 2018