Clean Vision’s (OTC:CLNV) Subsidiary Begins Facility Construction in West Virginia
Investors are almost always on the lookout for innovative companies to track, and this morning Clean Vision Corporation (OTC:CLNV) could be the one to keep an eye on. The company was in sharp focus yesterday after it made an announcement with regards to the beginning of construction of its clean energy plan in West Virginia.
Major Development
In the news release yesterday, the company announced that Clean-Seas West Virginia, its fully owned subsidiary unit, had succeeded in drawing the financing for the construction of its pathbreaking clean energy project in Belle, West Virginia. Clean-Seas secured funding worth as much as $15 million from the Huntington National Bank and had hence started construction of its first PCN (plastic conversion network) in the United States. The plant had been designed for the purpose of turning plastic waste into clean fuels like clean hydrogen and others.
Further Details
The facility would be launched with a capacity of 50 tons a day initially, and the maximum capacity could potentially hit as much as 200 tons a day. Clean Vision Corporation noted that the development marked a major breakthrough in the sustainable energy space.
Fundamentals
| P/E Ratio | -0.7900 |
| PEG Ratio | – |
| Price to Book | -1.75 |
| Price to Cash Flow | – |
| Price to Free Cash Flow | – |
| Total Sales (TTM) | 0.18 M |
| Revenue per Share (TTM) | 0.00 |
| Shares Outstanding | 807.924 M |
| Share Float (%) | 722.3 |
