The holding company Clean Vision Corporation (OTCMKTS:CLNV) was one of the notable movers on Tuesday after investors piled on to the stock following an important announcement from the company. The company is primarily well known for its work in acquiring and then operating businesses which are involved in green energy and clean technology.
Yesterday the company saw its stock rally strong and jump by as much as 10% after it announced that its subsidiary company Clean Seas submitted an application for intellectual property protection of one of its technologies. The technology in question is known as “Method and Apparatus for Plastic Waste Recycling”.
The application was filed with the United States Patent and Trademark Officer and it should be noted that if the patent is awarded it is going to be under the coverage of the worldwide Plastic Conversion Network.
It is a significant development for Clean Seas and will be even more of a big thing if the patent is eventually awarded. The claims for the application also cover the work related to aggregating the plastic waste stockpiles through the use of blockchain powered networks. Investors could now do well to keep an eye on the Clean Vision stock over the course of the coming days.