Clean Capital Corp is a holding company that invests in a wide range of early stage companies in the renewable and healthcare industries - mainly renewables.
I'm not the biggest fan of holdings companies (especially those on the CSE due to lower regulatory requirements than the TSX), however it is certainly operating in the right environment.
As mentioned, it owns 90% of PowerTap which is building a hydrogen fueling network. There are many benefits to Hydrogen as a clean energy source. According to the company, it has partnerships with major fuel stations to install hydrogen fueling technology in both the US and Canada. Currently, it has 14 stations installed and depending on demand, there is likely much room for growth.
Unfortunately, we have no details on revenue, earnings or guidance. PowerTap is not a publicly traded company and the only information available is what MOVE chooses to include in their investor presentation. Which at this point is all about the marketable opportunity for hydrogen and the gap in current infrastructure.
It is certainly, not for the defensive investor. It is an interesting company, but will come with considerable risk and volatility.
Mat