Clean Vision Corporation - CLNV stock
OTC Symbol: CLNV | OTC Tier: OTCQB
About CLNV[edit]
Clean Vision Corporation (OTC: CLNV) is a publicly-traded company that specializes in developing, manufacturing, and distributing energy-efficient lighting products and solutions. The company was founded in 2008 and is based in Hong Kong, with additional offices in the United States and Canada.[1]
Operations[edit]
Clean Vision Corporation's products and solutions include LED lighting systems, smart lighting controls, and solar lighting products. The company focuses on developing high-quality, energy-efficient products that are designed to reduce energy consumption and lower operating costs for businesses and organizations. Clean Vision Corporation's products and solutions are used in a variety of industries, including commercial and industrial applications, retail, hospitality, healthcare, and government. The company has a global network of distributors and partners that help to market and sell its products and solutions. In addition to its lighting products and solutions, Clean Vision Corporation has also expanded into the clean energy and sustainability markets, with a focus on developing and investing in renewable energy and other clean technologies.[1]
Clean Seas[edit]
Clean-Seas, a subsidiary fully owned by Clean Vision Corporation, is dedicated to the advancement of financially viable plastic recycling technologies. Its primary objectives include enhancing the economic conditions of local host economies, curbing plastic waste in the Earth's oceans, and generating significant returns for its investors.[2] A $15 million bridge loan for its ongoing clean energy project in Quincy, West Virginia was obtained in November, 2024. The loan is supported by a guarantee from the West Virginia Economic Development Authority.[3]
Clean-Seas has a long-term lease for its first Plastic Conversion Network (PCN) facility in the United States, located in Belle, West Virginia. The 62,000-square-foot facility, leased from Quincy Coal Company, sits on a 9-acre site with access to various transportation options. The company plans to use the facility to advance its mission of converting plastic waste into sustainable energy solutions, serving as a hub for operations in West Virginia and the Mid-Atlantic region.[4]
India Project[edit]
Clean Vision has a 2.5-ton per-day pyrolysis plant pilot project in India which has the capability of operating at a commercial scale. According to CEO, Dan Bates, “This pilot project is designed to showcase our technology directly for the Indian government which is making a huge push to create a greener, cleaner economy.”[1]
Litigation[edit]
Clean Vision reached a settlement between the company, Daniel Bates, and Christopher Percy. This settlement resolves a lawsuit that Clean Vision had filed against Mr. Percy in September 2022. Subsequently, the case was transferred to the United States District Court, District of Nevada (2:22-cv-01862-ART-NJK), and Mr. Percy counterclaimed against Clean Vision while bringing third-party claims against Mr. Bates. It's important to note that none of the parties involved admitted to any fault or liability as part of this amicable resolution. The parties involved understand that it is in the best interest of everyone, including Clean Vision's shareholders, to avoid the expenses and uncertainties associated with litigation. By reaching this settlement, Clean Vision expresses its gratitude to Mr. Percy for his previous contributions to the company. Likewise, Mr. Percy hopes that Clean Vision can successfully achieve its objective of utilizing technologies to enhance our planet.[5]
- ↑ 1.0 1.1 1.2 Markets Herald Clean Vision Corp Has Investors Seeing Green
- ↑ cleanvision.com. Home. Retrieved on 7/10/2023.
- ↑ Accesswire. Clean Vision Corporation Secures $15 Million in Funding for Clean-Seas West Virginia Facility. November 7, 2024.
- ↑ Nasdaq. Clean-Seas West Virginia Signs Long-Term Lease for Its PCN Facility in Belle, West Virginia. January 27, 2025.
- ↑ werg.com. Clean Vision Settles Litigation with Christopher Percy. July 10, 2023.
