C-Bond Systems Inc (CBNT)

[lowfloatmaster]

8k out. Looks like everything same as prior news story..
Ceo Silverman has quit an impressive track record..
Other thing i like is only 1 million free trading shares for next 12 months..


Sale of Restricted Shares and Registration Rights

Of the approximately 75,712,037 shares of common stock outstanding upon completion of the Merger and the Offering, all of such shares will be "restricted securities" as such term is defined in Rule 144 except for 1,056,250 shares that were held of non-affiliates of the Company prior to the Merger. All of the shares of the Company acquired by former equity holders of C-Bond will be restricted securities. These restricted securities were issued and sold by us, or will be issued and sold by us, in private transactions and are eligible for public sale only if registered under the Securities Act or if they qualify for an exemption from registration under the Securities Act, including the exemptions provided by Rule 144, are summarized below.
Our officers, Scott Silverman and Vince Pugliese have agreed not to sell any of their shares of our common stock for one year after completion of the Merger.