Vision Energy Inc., (OTCMKTS: VIHDD) has had a November to remember rocketing up the charts from just over $2 at the start of the month to highs of $19.01 following a 2 for 1 forward stock split earlier this month. Since than VIHDD hit lows of $6 on the first correction but has been rising steadily since then.  

The stock is being promoted by an aggressive promotional campaign with a number of landing pages one of which that has since been takin down said: “this stock could lead an energy revolution and invertors stand to make a fortune” comparing VIHDD to tesla and even Exon Mobile.” Scroll to the bottom of the page to see our conclusion on where VIHDD is going. ‘ 

Vision Energy Corp (OTCMKTS: VIHDD) is an integrated energy company developing assets and solutions for the commercial, industrial and transportation sectors. Leveraging its proven track-record in site and asset procurement, accelerating development and permitting processes, plant design, and grid integration to facilitate low-carbon energy production, supply and distribution. The Company pursues reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions with the highest yield, and where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and or distribution of reduced-carbon energy to domestic and global supply chains. 

Vision Energy currently has two projects: the Vlissingen hydrogen plant will produce H2 using electrolysis and will include storage, loading and distribution facilities for evacuating the H2. Initially the plant will produce up to 3,600 tonnes of green hydrogen annually, it is however capable of producing over double that quantity. Further more, the concept of the hydrogen plant allows for future expansion of up to at least 100 MW, potentially increasing H2 production to around 30.000 tonnes annually.The project site is strategically located on an industrial plot of 30.000m2 in the Vlissingen Oost industrial park. The site is accessible by road, rail and waterway to support the supply and distribution of green hydrogen to consumers in the region, as well as to neighbouring industrial companies  who are already planning on using green hydrogen to decarbonise their operations. The Vlissingen hydrogen plant also is located next to the Sloecentrale electricity generating plant creating potential synergies. 

The Company’s Terneuzen Project is a 25 MW green hydrogen plant construction project in the Terneuzen Port area.  With the initial planning and pre-development work concluded, Vision Energy has already submitted the permit application to Terneuzen Municipality and Zeeland Province. The hydrogen plant will produce H2 through electrolysis and will include storage, loading and distribution facilities for evacuating the H2. In an initial phase the plant will produce up to 3,600 tonnes of green hydrogen annually, but it is capable of producing over double that quantity. The concept of the green hydrogen plant will allow for future expansion of up to at least 100 MW, with potential production yields of around 30.000 tonnes annually. 

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Earlier this month Vision Energy announced it has entered into a cooperation agreement with Linde Engineering to accelerate engineering efforts for the Company’s pioneering Green Energy Terminal in North Sea Port of Vlissingen, the Netherlands. Vision Energy, through its wholly-owned subsidiary Evolution Terminals BV, has partnered with Linde Engineering, to deliver preliminary Front-End Engineering and Design (FEED) services to the project for Phase 1 of Vision Energy’s Green Energy Terminal. Scope includes design and engineering of 150,000 cubic meters (CBM) of Green Ammonia (NH3) storage, truck and barge loading facilities, ship loading and unloading facilities, and utilities, infrastructure and buildings. Engineering efforts under the agreement have commenced and are anticipated to conclude in April 2023 in support of the Company’s target to reach Final Investment Decision (FID) by Q3 2023. 

Vision Energy is in the advanced stages of planning for the construction and delivery of Northwestern Europe’s first import, storage and handling terminal designed exclusively for hydrogen carriers, renewable energy products and low-carbon fuels. The Company is scheduled to file all remaining environmental and construction permits by December 2022. Total capacity under Phase 1 is for up to 400,000 CBM including 150,000 CBM allocated to Green Ammonia, 180,000 CBM allocated to Renewable Methanol and 70,000 CBM allocated to Biofuels. 

CEO Andrew Hromyk said: “Our cooperation with Linde Engineering marks a critical milestone in our development, to deliver this world-class project with the vast global expertise Linde possesses. Our Green Energy Terminal Project will accelerate and advance the energy transition and facilitate Northwestern Europe’s ambition to achieve Net Zero through carbon-abatement and adoption of hydrogen as a core feedstock and fuel.” 

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Currently trading at a $544 million market valuation Vision Energy is a fully reporting SEC filer OTCQB with $5.5 million in the treasury and is virtually debt free with no convertible debt on the books. The stock has been rocketing northbound during the month of November of a heavy advertising and promotional campaign to the tune of millions. Just like GESI and CLOW the runup is great while it lasts but VIHDD cannot support anything near the current market valuation once the promo dollars run dry and they will soon and VIHDD will see significant drops from here.  We will continue to report on this situation as it unfolds and more information becomes available. We will be updating on VIHDD when more details emerge so make sure you are subscribed to Microcapdaily.

Disclosure: we hold no position in VIHDD either long or short and we have not been compensated for this article.

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