Good Sunday Afternoon,
We are coming into a new week, and it will be one exciting event.
CLNV is a great company with a very demanding business model. Its time is now.
The management team is conducting and trans-versing around the globe educating interested parties with their superb business model from Morrocco, the North African continent and of course the North-South American sector with recent events already announced, WV here at home.
The share structure is absolutely within bounds and recent S-1 release was not a detriment and with the current MC of $25m is an acceptable range what the street considers fair value, and I couldn't agree more.
I have mentioned my target of .21 by Spring is achievable and fair. With this target of .21 and the share structure remains at this level and all what has transpired from the management team's business travel and hopefully adding more collaborations and partners will easily be achieved and reasonable. This .21 target by Spring will give us a MC with the current SS at $87m.
This objective can only be met with not so much on the potential revenue, which will come later (end of year 2023/24), but with solid partners and contracts inked makes this objective be a well-deserved, and the street will accommodate the company's effort, this I am sure about.
Plastic waste is the number one polluter of our most valuable resource, which is our oceans and waterways not to forget the discard on our lands and the company's business model and the team is in the right time for this venture to explode.
There is over a Trillion dollars moving into the Climate Change sector and the company smartly is approaching a small part, but a very important aspect of the overall sector. Extremely lucrative. This is by far a very promising outlook and the ROI for shareholders in its present stage is real and can be achieved as a viable company for future positive growth.
The recent letter to FINRA to investigate the MM manipulation is a due course and rightfully so and should not interfere with the daily trading session even though it is a problem and one area that I picked up was last Thursday's session when there was a methodical downdraft and I contribute this for the updating the S-1 on the OTC. MM do not wait for PR's, but work off trading pressure and act accordingly, however, late in the afternoon on Thursday it dropped to .0487 and this appears to be part of the concerted effort to cover a short (my opinion). I believe the short transpired from the OTC posting and when the trading session started, but the way it dropped later in the afternoon appears to be suspect and was a contrived cover and this is where the MM may have been involved, which isn't allowed. Again, this is my opinion. I understand trades and is as well when MMs mask trades and this they do all the time. But the Thursday session was extremely suspect because after the timestamp of .0487 it shot back up as well as before this timestamp was a slew of sells taking it down. One positive aspect of this particular session the covering may have been realized and why I always feel that shorting pennies and generally this issue is not a good idea, and this short cover may have been a result why CLNV is in a very solid position for months to come. They were concerned of MOASS. This synopsis is my observations and opinion.
Never the less, read the tape and look for positive entries and consider of any downdraft as a buying opportunity and forget the noise, because in the end, ROI will not change
Buying opportunity for sure in this price range and my target .21 by Spring is an achievable and reasonable objective.
Have a good day.
varok
Bullish
AI
