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Re: None

Friday, 07/02/2021 2:58:39 PM

Friday, July 02, 2021 2:58:39 PM

Post# of 28044
In doing some DD, GGII seems to be on the up and up.

However, in a two year lock up deal with them, CLNV needs to find the sites and the money to build them.

Does CLVN have any track record in locating and delivering the funds for say a 100 NT WTE plant? It costs about $ 100 million to build a plant rated for 100 NT per day. This kind of money takes about 6 months to find for a single project.

This reminds me a lot of BGMO when the promoter entered into deals to acquire various cleantech firms where BGMO was to deliver cash. The stock was promoted and the insiders dumped. The target companies ultimately collapsed for the failure of BGMO to deliver cash.
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