The group existed for a brief time in the late 1960s. In 1967 they released their only single, "I'm Five Years Ahead of My Time", a song co-written by Rusty Evans (aka Marcus Uzilevsky), a former folk singer and leader of the psychedelic protopunk band The Deep, and Vicky Pike, the wife of the record's arranger and producer Teddy Randazzo. "Five Years" received some radio exposure until it was pulled for its perceived drug references, and only years later was recognized as a 1960s garage rock classic due to its inclusion in compilations such as the critically acclaimed Nuggets: Original Artyfacts from the First Psychedelic Era, 1965-1968 box set.
Though short-lived, the band still performed in local Manhattan venues during their existence, including the Arthur's and Ondine. They also appeared on the Cleveland-based television show Upbeat.
The Third Bardo only had one recording session, which yielded six tracks in all, and released one other song as a B-side, "Rainbow Life." Their technique of Eastern melody and distorted guitar made the single distinctive to the rock scene.
The band broke up in 1967, soon after recording, and Monn began a solo career as Chris Moon. He released an album named The Chris Moon Group in 1970.