Clean Vision Corporation (OTCMKTS:CLNV) Stock In Focus After Recent News

Emerging clean technology and green energy sector leader Clean Vision Corporation (OTCMKTS:CLNV) could be one of the companies that may be worth tracking at this point. The company was in focus yesterday after it announced that Clean Seas Inc, its fully owned subsidiary unit had inked a Memorandum of Understanding with the Malaysia based engineering, construction and procurement firm Laubros Holdings (M) Sdn Bhd.

Trading Data

On Wednesday, CLNV stock moved down 3.84% to $0.0399 with more than 2.76 million shares traded, compared to volume of 5.58 million shares. The stock moved within a range of $0.0381 – 0.0415 after opening trading at $0.0405.

Clean Vision Announces Clean-Seas MOU for Pyrolysis Plants to Ready Southeast Asia Project for Launch

As per the provisions of the Memorandum of Understanding, Laubros would provide warehousing, pyrolysis and research and development labs to the Clean Seas so as to facilitate its expansion in Southeast Asia.

The Chief Executive Officer of Clean Vision Corp Dan Bates spoke about the partnership as well. He noted that it was a significant development for the company and one that would help it in expanding its Plastic Conversion Network project. The company is working hard to establish itself as the top water to plastic conversion operation in the world.

He went on to add that it was a major breakthrough for the company to partners with Laubros since it would help Clean Seas in tapping into the talent, resources and expertise of the company. It remains to be seen if the development leads to any moves on the Clean Vision stock.