Replies to post #9817 on Clean Vision Corp (CLNV)

[Steve1978]

This is a big one...

Manage construction, operations, contractors, finances and off-take customers for pyrolysis oil, AquaHtm hydrogen, char, and lubricants for a 100 tons-per-day (TPD) pyrolysis facility -- with potential to increase to 500 TPD.

[old man river]

Nice announcement but there are a couple red flags...

The term sheet is non-binding so if there are issues both parties can merely walk away.

There is one sentence which is effect says that the parties will work together so that they can find a funder for the project. Ergo, no money, no revenue and no profit until all of the work is done and they can find a funder. In the EU, permits are are painfully slow to obtain.

[Ga-Pro]

Once again great news that requires funding

Under the terms, CSB is to:

Manage construction, operations, contractors, finances and off-take customers for pyrolysis oil, AquaHtm hydrogen, char, and lubricants for a 100 tons-per-day (TPD) pyrolysis facility -- with potential to increase to 500 TPD.

Hold a controlling stake in the resultant jointly owned entity.