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Friday, March 24, 2023

Clean Vision Corp (OTCMKTS: CLNV) Red Hot as Clean-Seas Builds Global Network to Convert Plastic Waste to Clean Fuel (More on CLNV Stock Dividend & Benedetto Live Interview)

Clean Vision Corp (OTCMKTS: CLNV) is making a powerful move northbound looking to take out the $0.101 from November raking up another 10% move on Friday on 18.2 million shares traded or about $1.37 million in dollar volume. CLNV is a stock with a storied history on the bulletin boards skyrocketing to $0.45 per share in early 2020. Much of the excitement here surrounds the Company’s Clean-Seas subsidiary which engages in pyrolysis waste-plastic conversion technology – and the Company’s new CEO Dan Bates who is focused on building Clean Vision into a huge green energy company that is building global network to convert millions of tons of unwanted plastic waste into millions of gallons of clean hydrogen fuel. In a big move the BOD of CLNV just ordered a share dividend of 5 shares for every 100 owned ordered February 16th recorded February 27th payable on March 13th. Also, consultant and shareholder advocate for CLNV, Frank Benedetto will appear in a live interview with the CEO of $GNS on ROGER HAMILTON’s show on Tuesday February 21st at 4:00PM EST to discuss the dividend and other important things related to CLNV. 

Clean Vision has an ambitious plan to build out the largest collection of waste-to-energy facilities in the world, solving major challenges in Africa, Asia, Middle East, and North America. The Company’s new management team, led by Dan Bates has vast experience in setting up projects all over the world and its directors have advised three US presidents on energy policy. The next 6 months are going to be very exciting for Clean Vision and its shareholders. Through Clean-Seas, the Company is initiating operations in Agadir, Morocco, while it gains final permits and secure land for new facilities in Sri Lanka, Puerto Rico, Brittany, France, and Istanbul, Turkey. Management expects to be expanding operations throughout India and South Asia in 2023. Speculators are looking for a move over $0.101; a break over, and CLNV could really take off. We will be updating on CLNV when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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Clean Vision Corp (OTCMKTS: CLNV) is a clean technology solutions organization, focused on sustainability and renewable energy, operating and expanding through strategic mergers and acquisitions. The Company’s mission is to combine cutting edge technology with traditional capitalist market forces to create profitable solutions to global environmental issues. Clean Vision’s management team has decades of experience in the clean technology and renewable energy industries and bring this vast experience in order to drive the Company’s success. Clean Vision also intends to acquire and operate a portfolio of synergistic companies in the sustainable clean technology and green energy sectors. (Please note: some info was taken from CEO Dan Bates interview located here) 

CLNV wholly owned subsidiary Clean-Seas, Inc. is developing its patent pending “Plastic Conversion Network” (PCN) which was created in response the China’s National Sword policy set forth in 2018. This policy closed China’s borders to accepting plastic waste from the developed world creating a global crisis for how this waste stream is to be responsibly handled.  With the PCN the company is setting up plastic conversion facilities around the globe that are proximate to the vast quantities of waste generated in the developed world. Clean-Seas installs and operates pyrolysis facilities around the world where plastic waste, which would otherwise end up in landfills, or incinerated, or in our oceans is converted to usable products such as low Sulphur diesel fuel, and the company’s branded AquaHtm clean hydrogen. 

Clean-Seas recently announced partnerships to develop PCN facilities in Morocco, Turkey, France, Puerto Rico and Sri Lanka. It has also announced its up and running facility in Hyderabad, India in a partnership with the Indian Institute of chemical technology (IICT). Most recently Clean-Seas entered into a joint venture agreement with Western Michigan-based NuWay Go Recycle Center LLC to establish Clean-Seas Newaygo in a $20 million deal. Before that they signed an LOI with MacVallee LLC. to establish a co-located Clean-Seas facility in Central Massachusetts which will divert post-industrial and ocean-bound plastic from landfill and incineration, and convert it into precursors for new plastics, ultra-low sulfur fuels, pyrolysis oils, and Clean-Seas’ branded hydrogen, AquaH™ also in a $20 million deal.  

In another big deal; ASU partners with Clean-Seas to create $50M plastic-to-hydrogen facility: A collaboration between Arizona State University’s Rob and Melani Walton Sustainability Solutions Service and waste-to-energy-solutions company Clean-Seas is slated to bring a clean hydrogen facility — the first of its kind — to Arizona. The two entities recently signed a memorandum of understanding to establish a $50 million plastic-to-clean hydrogen facility in a project that brings new meaning to the phrase “one man’s trash is another man’s treasure.” An assortment of plastic items in a pile. The proposed facility will convert plastic waste feedstock into recycled-content plastic and Clean-Seas’ clean hydrogen product. 

Clean Vision is focused on building the largest collection of waste-to-energy facilities in the world, solving major challenges in Africa, Asia, Middle East, and North America. 2023 will also see the launch of a new wholly owned subsidiary,  EcoCell, EcoCell has secured the exclusive worldwide license to develop and manufacture hydrogen-based fuel cells for global distribution. The Company believes that hydrogen fuel cells will play a large part in the growth of the clean energy industry allowing for 24 x 7 operation providing energy to the mobile fixed base and mobile sectors. The only byproduct of a hydrogen-based fuel cell is water, so it is truly a clean energy solution for the future. 

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CLNV

In January Clean-Seas, Inc. entered into a definitive agreement to acquire a 51% stake in Agadir, Morocco-based Ecosynergie Group (“ESG”). The Agreement follows the companies’ execution of a binding term sheet to jointly develop a commercial scale pyrolysis facility that was previously announced on April 4, 2022. Established in 1999, ESG is an operator of pyrolysis waste-plastic conversion technology with a current capacity of 20 tons per day. The closing is expected to occur in the first quarter of 2023, subject to customary closing conditions, Clean-Seas will pay $6.5 million in cash for its controlling interest of ESG, $2.0 million upon closing and the balance of $4.5 million within 10 months. ESG’s current assets include: five hectares of suitably zoned land, licenses/permits to operate pyrolysis facilities, ESG’s inventory of equipment and supporting technology which includes two 10-TPD pyrolysis plants as well as two additional units discussed above to be commissioned, totaling 120 TPD of capacity. ESG currently has more than 10,000 tons of feedstock ready to be converted into clean, low-sulfur fuels, hydrogen, and it has an off-take agreement with a local oil and gas distributor. 

On February 17 CLNV announced its Board of Directors has declared a special dividend of 5 shares of the Company’s common stock for every 100 shares of Common Stock issued and outstanding. On February 16, 2023, the Board approved the Dividend and set the record date for the Dividend as February 27, 2023 and the payment date as March 13, 2023. 

The Dividend will be distributed on the basis of five shares of Common Stock for every 100 shares of Common Stock owned on the Record Date with any fractional shares rounded down to the shareholders’ lower 100-share amount owned. The Dividend Shares will carry a standard restrictive legend, which means the Dividend Shares may not be resold until they are ‘aged’ and/or registered in a suitable registration statement.  

The majority of shareholders will receive their respective portion of the Dividend Shares directly via their broker or investment firm that holds investment on their behalf in street name. Shareholders whose shares are registered directly with the Company’s transfer agent (EQ Shareowner Services) will receive the Dividend Shares via EQ by mail. Shareholders of record as of the Record Date do not need to take any action whatsoever to receive the Dividend Shares and are encouraged to consult with their financial planning professional, accountant or licensed stockbroker with any questions regarding the individual disposition of their dividend shares. The Dividend will be payable at a ratio of 5:100, meaning that five shares of Common Stock will be issued for every one hundred shares of Common Stock held by the shareholders of such shares as of the Record Date. 

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Currently trading at a $31 million market valuation CLNV os is 414,696,273 with around 300 million in the public float. The stock was up another 10% on Friday after the Company announced its BOD just ordered a share dividend of 5 shares for every 100 owned ordered February 16th recorded February 27th payable on March 13th. Also, consultant and shareholder advocate for CLNV, Frank Benedetto will appear on a live interview with the CEO of $GNS on ROGER HAMILTON’s show on Tuesday February 21st at 4:00PM EST to discuss the dividend and the stocks relation to tickers such as COSM, CRTD, GTII shorts etc. As we said; Speculators are looking for a move over $0.101 November resistance level; a break over, and CLNV could really take off.  We will be updating on CLNV when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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Disclosure: we hold no position in CLNV either long or short and we have not been compensated for this article.

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