Vision Energy Corp (OTCMKTS: VENG) is making a powerful move northbound rocketing up over 500% after the Company got the CE (Skull and crossbones) designation removed by OTCMarkets at around 1am today. VENG was a massive runner during the summer of last year rocketing up from a couple dollars to $26 per share on an aggressive online marketing campaign. 

The move up today was fueled by OTCMethod releasing the pick to their subscribers. OT Method released a much more respectable heads up than VENG prior marketing materials including among other things, articles, one titled: “This Stock is Leading an Energy Revolution and Investors Stand to Make a Fortune with landing pages at both WorldFinance.com and DailyFinanceNews.com, under different authors’ names.” VENG itself refuted most of the information that was posted on these websites.  

Vision Energy Corp (OTCMKTS: VENG) mission is to facilitate and advance the energy transition through origination, acquisition, and development of strategic energy assets. Where possible, the Company’s projects are designed to leverage existing gas and power infrastructure for integration and distribution of reduced-carbon energy to global customers or supply-chains. Vision is committed to providing carbon abatement and renewable energy solutions whilst targeting attractive investment yields. 

Vision’s main project is the development of a green energy hub for import, storage and handling of renewable energy products hydrogen carriers and low-carbon fuels.  Phase 1 of Evolution Terminals development plan is to build up to 400,000 m3 of bulk storage capacity for hydrogen carriers, green and low-carbon products and fuels, subject to receiving all necessary permits and approvals. 

Phase 1 assets will include the construction of a dedicated deep-water Jetty and Quay Wall capable of receiving large sea-going vessels, barges and coasters; and dedicated loading facilities for Rail Tanker Carriages (RTC) and Road Tanker Trucks (RTT) connecting the Terminal to multimodal distribution routes. 

Expansion plans for the Terminal include increased storage capacity for hydrogen carriers and low-carbon energy products, and integration of an Ammonia Cracker to back-crack imported green ammonia to hydrogen for distribution via the European Hydrogen Backbone (EHB). 

$VENG it is a beautiful thing https://t.co/wHnWjnVI8z. I will never give up on this market. Down from 11.00, let's see what they got. pic.twitter.com/TC5lLAfyJr

— OTCmethod.com (@KickoStocks) April 27, 2023

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The most recent news from VENG came on March 7 when the Company announced it has filed the Environmental Impact Assessment known in the Netherlands as the “Milieueffectrapportage” or “MER”. The MER is a detailed and comprehensive environmental report that combines more than 25 individual reports and independent studies and represents a significant component of the Dutch permitting process for the Company’s Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands.\ 

With the submission of the MER, the Company’s wholly owned subsidiary Evolution Terminals BV has achieved another significant milestone in the execution of its development plan and together with the filing of the concept Environmental Permit (known as “Omgevingsvergunning Mileu” in Dutch) in December 2022 and the Nature Permit submission in September 2021, the Company’s next target is to file the Phase 1 Construction Permit (“Omgevingsvergunning Bouw”) which will be submitted in stages in compliance to commercial customer requirements and the design phases of the project. 

$VENG don’t think is even open to all brokers yet and up over 400% first day off CE. What a move so far! 😳 pic.twitter.com/gtjZ46NcRq

— TIGRESS🐯 (@og_tigress) April 27, 2023

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We previously reported on VENG on December 15 stating at the time: “Currently trading at a $692 million market valuation Vision Energy Corp is a heavy-duty stock promotion that touted “This Stock is Leading an Energy Revolution and Investors Stand to Make a Fortune with landing pages at both WorldFinance.com and DailyFinanceNews.com. Vision Energy has rocketed up the charts since early November, affecting a 2 for 1 forward stock split and changing its name and ticker symbol from VIHD(D) to VENG. The stock reached a high of $19.30 earlier this month. From current market valuation VENG will drop significantly and ultimately this stock will trade for well below $1 per share.  We will be updating on VENG when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.  We will be updating on VENG when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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