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Tuesday, November 29, 2022

Clean Vision Corp (OTCMKTS: CLNV) Breaking Out Northbound as Past Winner Bounces off 52 Week Lows (Clean-Seas Pyrolysis Plastic Waste-to-Energy)

Clean Vision Corp (OTCMKTS: CLNV) is heating up and on the move northbound ever since the Company got busy on twitter last week tweeting: “$CLNV will have news to share soon! Agreements are being reviewed by legal, once executed we will release.  Exciting times.” This comes after the stock reversed of new 52-week lows of $0.012 in September of this year.  Earlier this year CLNV achieved OTCQB fully reporting status which will bring broader visibility for the Company exposing it to new customers, investors, and strategic partners. The stock does have a history of big moves running to $0.45 in 2020 and $0.095 earlier this year. 

It’s easy to get excited about CLNV making a move on the $125 billion hydrogen economy with its wholly owned subsidiary Clean-Seas who has built a solid foundation for its patent-pending Plastic Conversion Network (PCN). Clean-Seas’ pyrolysis plant for CSIR/IICT in Hyderabad will soon be operational, where it will demonstrate the Company’s scalable technology for converting waste plastic into valuable commodities such as low sulfur fuels and AquaH. CLNV management is also targeting one or more corporate acquisitions or strategic alliances in the clean tech sector that will increase and diversify its synergistic assets, markets, and revenue streams. 


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Clean Vision Corp (OTCMKTS: CLNV) operating out of Los Angeles, California acquires and operates a portfolio of synergistic companies in the sustainable clean technology and green energy sectors. Clean Vision portfolio companies are supported by consultancy services, connecting organizations to new verticals, accelerating time to market and profitability. Management worked hard behind the scenes in 2021 bring CLNV to fully reporting OTCQB.

Clean Vision is led by CEO Daniel Bates, a serial entrepreneur with extensive start-up experience. 10+ years in the renewable energy sector. Also, on the boards of directors sits Michael K. Dorsey, Ph.D., M.A., M.F.S, a recognized expert on global energy, environment, finance and sustainability matters who served high level positions under three ex-presidents. 

Clean Vision’s subsidiary Clean-Seas, Inc. provides efficient and cost-effective technology solutions that address the global waste plastic crisis as well as creating economic opportunity and social benefit in emerging and developed economies across the world. Clean-Seas offers “best in class” pyrolysis technology deployment for plastic waste-to-energy recycling, including securing feedstock and off-take agreements.  

Clean Seas utilizes pyrolysis plants connected by a blockchain network to convert plastic waste into energy. Pyrolysis is defined as the thermal decomposition of lignocellulosic derivatives under inert condition in oxygen‐deficient environment. Pyrolysis has been getting further consideration as an effective technique for transforming biomass into bio‐oil throughout the modern eras. The eventual objective of pyrolysis is to yield high‐value energy products for contending with and gradually supplanting non‐renewable fossil fuels. The plastic to fuel market size to reach $8804.20 million by 2028. The pyrolysis segment led the global market with 65.7% market share in 20 

Clean-Seas has built a solid foundation for its patent-pending Plastic Conversion Network (PCN) with the signing of multiple preliminary agreements with government officials and private sector leaders in Latin America, Middle East and Africa. Those agreements include UAE, Cameroon, Somaliland, DRC, Ecuador, Malaysia, Georgia (Caucasus) as well as solid traction in Cape Cod, Massachusetts. The Company has also filed for trademark protection for its unique brand of clean hydrogen, AquaH™ — hydrogen derived from a plastic waste stream.Clean-Seas has partnered with India’s prestigious Council for Scientific and Industrial Research (CSIR) and the Indian Institute of Chemical Technology (IICT) in order to further develop and commercialize its waste plastic-to-energy technologies and services. To accelerate this line of business, Clean-Seas has purchased and is delivering a pilot pyrolysis plant to Hyderabad for commissioning next month. 

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In June Clean Vision announced its wholly owned Clean-Seas, Inc. (C-S) subsidiary has signed a binding term sheet with Pax Petroklmya Sanayi Ve Dis Ticaret Limited, Sirketi (PPI) to jointly pursue the development of a commercial-scale waste plastic-to-energy plant as the Company’s first PCN host facility in Turkey — as C-S seeks to strategically expand its global footprint. 

PPI (also known as Pax Petrochem), is headquartered in Istanbul. With a history of over forty years in diversified industrial and management fields including shipping, oil & gas, investments, project development and property development, PPI’s parent company Pax International was founded in Houston, Texas in 1976 and, over the years, its operations spanned the globe from Houston to Singapore to Dubai to Assaluyeh to Shanghai to Istanbul. 

As the world’s fifth largest city, Istanbul is a highly strategic location, with a population of 15 million comprising 18 percent of Turkey’s 83 million people. Turkey straddles both Europe and Asia, and Istanbul is a global commercial transportation hub where the Black Sea and Aegean Sea meet. Turkey has a dynamic economy, having posted 7.3% GDP growth in Q1. C-S believes that Turkey is an ideal host nation for C-S’ PCN. 

Turkey’s ratification of the 2015 Paris climate agreement complements its global environmental acclaim as it’s already a signatory for the Vienna Convention for the Protection of the Ozone Layer, the Montreal Protocol, the Rotterdam Convention, the Stockholm Convention on Organic Pollutants, the Kyoto Protocol and the Barcelona Convention. The Turkish Environmental Agency (TUÇA) under the Environment and Urbanization Ministry will conduct a zero-waste management project to boost the economy through recycling. First lady Emine Erdoğan’s Zero Waste Project recycles 24.2 million tons of trash nationwide aimed at a recycling recovery rate of 60% by 2035. Its recycling rate has nearly doubled from 13 to 22.4 percent since 2017 including 4.1 million tons of plastic. 

Clean-Seas V.P. of Business Development, Dan Harris, commented, “We’re excited to work with PPI; it is highly qualified technically and strategically. We believe producing pyrolysis oil, AquaHtm hydrogen, char, and lubricants – while reducing the waste plastic and climate change crises — can serve as a green, next-generation extension of the conventional petrochemical business offering unlimited potential.” 

C-S /PPI Binding Term Sheet Highlights 

The binding Term Sheet is intended to govern the relationship between the parties until such time that a formal definitive agreement may be implemented. It provides for the two companies to enter into a business relationship in which C-S will establish a new US company, Clean-Seas Turkey, LLC (CST), and PPI will set up any corresponding business entities as needed within Turkey. 

Under the terms, CST is to: 

  • Manage construction, operations, contractors, finances and off-take customers for pyrolysis oil, AquaHtm hydrogen, char, and lubricants for a 150 tons-per-day (TPD) pyrolysis facility — with potential for expansion. 
  • Hold a controlling stake in the resultant jointly owned entity. 
  • Secure the needed capital to begin operations of 150 TPD. 

PPI is to: 

  • Provide suitable land to support 150-TPD processing, and additional land for expansion if later agreed upon. 
  • Obtain all licenses and permits as required, and secure tax incentives if available. 
  • Source feedstock and assist with off-take agreements. 
  • Ensure compliance with Basel Convention rules for the responsible storage and recycling of feedstock coming from other nations.  

On October 3, CLNV announced it has appointed Gregg Boehmer to the Board where he will serve as an independent member and member of the Audit Committee, bringing to four the total number of Directors. He has been a consultant to Clean Vision since 2021. For over ten years, Mr. Boehmer has worked as a management consultant specializing in publicly traded OTC company management and compliance. He holds a master’s degree in Human Resource Management from Towson University (MD). 

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CLNV is finally starting to see some real action after the Company tweeted, they will have news to share soon and that “Agreements are being reviewed by legal, once executed we will release” The Company is fully reporting OTCQB and has very little debt on the books with under $800k in total liabilities. Currently trading at a $6 million market valuation with OS at 349,385,392 the stock has plenty of room for growth from current levels and still trades very close to its 52-week lows. We will be updating on CLNV when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CLNV.

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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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