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Re: Scotttrader80 post# 905

Monday, 08/09/2021 7:34:11 AM

Monday, August 09, 2021 7:34:11 AM

Post# of 27946
I have been investing in the Cleantech sector for about 25 years.

During that period of time, I was a punter in an OTC stock that had great promise The principals ran up the number of o/s shares from 80 million to about 400 million and used the proceeds to fund travel and PR campaigns. The management issued press releases left right and center. It all looked great. When they could not find the actual cash to fund their subsidiaries and projects things began to unravel. It took about two years for the bloom to come off the rose.

There are some emerging parallels with CLNV.

I have done my DD and I like the GGII story. I have done some reading on the tech and it makes sense. However, if GGII is merely a supplier then it all boils down to the ability for Clean Seas to deliver the cash to buy the systems.

I still cannot find local (third party) verification of the announcements. It is odd that the local Spanish media haven't interviewed the Mayors involved. Better yet, the PR sounds so good that I do not understand why the same politicos have not touted the story.

I am not saying the CLNV is a fraud or a stock promotion. My Spidey sense says something is not quite as solid as we believe. I do hold some shares in CLNV.

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