Clean Vision Corporation (OTCMKTS:CLNV) operates as a holding company that is involved in acquiring and operating companies which are involved in the green energy and clean technology businesses. Yesterday, the company was in focus after it announced that its subsidiary company Clean-Seas reported that the pilot pyrolysis plant had actually landed in Mumbai in India on time.
Trading Data
On Wednesday, CLNV stock moved up 4.31% to $0.0339 with more than 588K shares, compared to its average volume of 975K shares. The stock moved within a range of $0.0313 – 0.0345 after opening trade at $0.0338.
Clean Vision’s Clean-Seas Pilot Pyrolysis Plant Arrives in Mumbai; Company Expects it to be Fully Operational Next Month
In addition to that, it had also been reported that the plant reached in excellent state. The news came as a source of considerable optimism for investors and soon enough the Clean Vision stock started rallying. It ended the day with gains of as much as 4% as a consequence.
However, there is more to it than just the arrival of the plant. The plant is going to clear customs soon and once that is completed, it will be sent to the research and development facility of Clean Seas located in the Indian city of Hyderabad. Some of the members from the engineering team at Clean-Seas from the United States are going to travel to India for the purpose of installing the whole thing. It is now going to be interesting to see if the Clean Vision stock can continue to clock gains in the coming days.
Key Quote
“Transporting our pilot pyrolysis plant to Mumbai is a major step on our way to far greater value creation in the months ahead,” said Dan Bates, Clean Vision Chief Executive Officer.
Technical Data
CLNV stock is trading above the 20-Day and 50-Day Moving averages of $0.0310 and $0.0292 respectively. However, the stock is trading below the 200-Day moving average of $0.0392.
