Clean Vision Corporation (OTCMKTS:CLNV) stock is witnessing weakness in the opening session on Wednesday on high volume after announcing a key update.
Market Reaction:
As of 10.43, CLNV stock gained 29% to $0.0710 with more than 3.31 million shares, compared to its average volume of 448k shares. The stock has moved within a range of $0.0550 – 0.0750 after opening the trade at $0.0550.
Major Trigger:
Clean Vision’s Subsidiary Clean-Seas Signs Binding MOU with Plastic Waste-to-Energy Technology Group Global Green Int’l Investments; Companies Will Partner on Clean-Seas’ US and International Clean Energy Initiatives to Address Projected $55 Billion Market
- CLNV announced that its Clean-Seas subsidiary has signed a binding memorandum of understanding (MOU) with Global Green International Investments (GGII).
- Headquartered in Singapore, GGII is a thirteen years-old, leading renewable energy company that develops innovative technology solutions that solve the world’s growing plastic waste problem and produce high value commodities and renewable energy via its proprietary pyrolysis process. GGII and its partner groups manage numerous pyrolysis projects in Australia, New Zealand the Philippines, South Korea and other Asian countries.
- Under the terms of the two-year agreement, the companies will partner on the development, build out and maintenance of commercial-scale plastic waste-to-energy processing plants that serve municipal and regional population centers worldwide.
 Stock Soars On Positive News: Will it Continue?){kind=link}