Replies to post #20393 on Clean Vision Corp (CLNV)

[old man river]

Revenue is one thing. After tax profit less principal reduction is another. Seven million in revenue should yield about three million EBITDA. Morocco does levy a corporate tax - it is not a tax haven country. The net cash flow likely would not be sufficient to pay any dividends up to the parent company or to reinvest in a meaningful way.

BTW, one US firm has delivered credible funding terms to a WTE developer using plastics for multiple US sites. They have commitments for feedstock. This is on top of the major oil.companies expanding into plastic based pyrolysis along the Gulf Coast.