Clean Vision Corp (PK:CLNV)
Business Focus: Renewable Energy Equipment & Services
| Sector: Energy | Industry: Renewable Energy Equipment & Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2711 N. Sepulveda Blvd MANHATTAN BEACH CA 90266 |
| Tel: | N/A |
| Website: | https://www.cleanvisioncorp.com |
| IR: | See website |
| Key People | ||
| Daniel Bates Chairman of the Board, President, Chief Executive Officer, Treasurer, Secretary | Rachel Boulds Chief Financial Officer | Daniel Harris Chief Revenue Officer |
| Business Overview |
| Clean Vision Corporation is engaged in clean energy and waste-to-energy industries focused on clean technology and sustainability opportunities. The Company is focused on providing a solution to the plastic waste problem by recycling the waste and converting it into salable byproducts, such as hydrogen and other clean-burning fuels. The Company is using a pyrolysis technology, which heats the feedstock (i.e., plastic) at high temperatures in the absence of oxygen so that the material does not burn. The Company turns the feedstock into clean fuels, clean hydrogen and carbon black or char (char is created when plastic is used as feedstock). Its byproducts include low-sulfur fuel, clean hydrogen, and AquaH and char. The Company, through its wholly owned subsidiary, Clean-Seas, Inc., is deploying its Plastic Conversion Network, (PCN) globally, converting millions of tons of waste plastic into clean, environmentally friendly products including plastic precursors and clean hydrogen. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Clean Vision Corp revenues increased from $0K to $257K. Net loss increased from $5.9M to $12.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Amortization of debt discount increase from $200K to $4.5M (expense), Payroll expense increase of 95% to $1.6M (expense). |
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