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Monday, July 20, 2020 9:36:36 AM
C-Bond Systems Enters into $1 Million Supply Agreement for its Patented C-Bond NanoShield
July 20, 2020
Per the agreement, buyer must place an initial order of at least $100,000 and has annual minimum purchase requirements of over $1 million to maintain exclusivity
HOUSTON, July 20, 2020 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, announced today that it has entered into an exclusive supply agreement with a large overseas conglomerate to sell a version of C-Bond NanoShield™ with annual minimum purchase requirements in excess of $1 million to maintain exclusivity. Concurrent with the execution and per the terms of the agreement, the buyer is expected to place an initial order of at least $100,000.
The conglomerate has a diverse portfolio of products that collectively generates revenues in excess of $4 billion. With offices in Europe, the Middle East, and Australia, they have a global footprint of established brands.
https://ir.cbondsystems.com/press-releases/detail/80/c-bond-systems-enters-into-1-million-supply-agreement-for
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