STOCK TITAN

Clean Vision Corporation Engages ShareIntel-Shareholder Intelligence Services, LLC To Investigate Possible Illegal Trading Behavior

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Clean Vision Corporation (OTCQB:CLNV) announced its collaboration with ShareIntel-Shareholder Intelligence Services, LLC to investigate potential market manipulation of its common stock. This partnership aims to verify the legitimacy of trading activities, particularly in light of suspected illegal naked short selling. CEO Dan Bates emphasized the importance of protecting shareholder interests, especially during the reconciliation of a recently announced 5% stock dividend. ShareIntel's patented process will assist in identifying suspicious trading and ensuring compliance.

Positive
  • Engagement with ShareIntel to investigate market manipulation.
  • Use of patented DRIL-Down process to track shareholder ownership.
  • Commitment to protect shareholder interests during stock dividend reconciliation.
Negative
  • Allegations of illegal naked short selling may indicate stock volatility.

LOS ANGELES, CA / ACCESSWIRE / February 24, 2023 / Clean Vision Corporation (OTCQB:CLNV) ("Clean Vision" or the "Company"), announced today that it has engaged ShareIntel-Shareholder Intelligence Services, LLC www.shareintel.com to review the trading history of the Company's common stock. ShareIntel offers unprecedented access and insight into broker-dealer, clearing firm and shareholder position movement. ShareIntel utilizes a patented process called DRIL-Down™ to aggregate and analyze repository data from reporting entities, broker-dealers and shareholders enabling Clean Vision to proactively track shareholder ownership, identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail such activity. The Company believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock and has decided to investigate and expose any wrongdoing.

"Clean Vision Corp is excited to partner with Shareintel and through their patented processes and proprietary analytics our goal is to confirm the trading legitimacy of our stock. This partnership will help us verify outstanding illicit shares are properly covered during the reconciliation period of the previously announced 5% common stock dividend. A company's most valuable currency is its stock and it is very important to Clean Vision Corp that we continue to reward and protect the interests of our shareholders." Said Dan Bates, CEO.

David Wenger, President and Chief Executive Officer of ShareIntel, stated, "We look forward to helping Clean Vision Corporation identify parties to potentially illegal naked short selling and assist the Company to implement action to address such activity.

About Clean Vision Corporation

Clean Vision Corporation operates and intends to acquire and operate a portfolio of synergistic companies in the sustainable clean technology and green energy sectors. For more information, visit: cleanvisioncorp.com and follow us on Twitter: @CleanVisionCorp

Cautionary Note Regarding Forward-Looking Statements

This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words.

Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, statements about our future financial performance, including our revenue, cash flows, costs of revenue and operating expenses; our anticipated growth; our predictions about our industry; the impact of the COVID-19 pandemic on our business and our ability to attract, retain and cross-sell to clients. The forward-looking statements contained in this press release are also subject to other risks and uncertainties. The forward-looking statements in this press release speak only as of the date on which the statements are made. We undertake no obligation to update, and expressly disclaim the obligation to update, any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

Contact

Clean Vision Corporation
Dan Bates, CEO
d.bates@cleanvisioncorp.com

Investors

Frank Benedetto
619-915-9422

SOURCE: Clean Vision Corporation



View source version on accesswire.com:
https://www.accesswire.com/740658/Clean-Vision-Corporation-Engages-ShareIntel-Shareholder-Intelligence-Services-LLC-To-Investigate-Possible-Illegal-Trading-Behavior

FAQ

What is Clean Vision Corporation's plan to address market manipulation?

Clean Vision Corporation has engaged ShareIntel to investigate potential illegal trading activities affecting its stock.

What does the engagement with ShareIntel mean for CLNV shareholders?

The collaboration aims to protect shareholder interests by verifying the legitimacy of trading and identifying suspicious activities.

Is Clean Vision Corporation facing issues with naked short selling?

Yes, the company suspects it has been targeted by illegal naked short selling and is investigating this issue with ShareIntel.

How will ShareIntel assist Clean Vision Corporation?

ShareIntel will use its patented analytics to track shareholder activity and investigate unusual trading behaviors.

What recent development is Clean Vision Corporation announcing?

The company announced its engagement with ShareIntel to review the trading history of its common stock.

CLEAN VISION CORPORATION

OTC:CLNV

CLNV Rankings

CLNV Latest News

CLNV Stock Data

26.67M
633.08M
8.21%
5.59%
Utilities - Renewable
Utilities
Link
United States of America
Manhattan Beach