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GEVI General Enterprise Ventures Inc (PK)

0.5975
-0.1225 (-17.01%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Enterprise Ventures Inc (PK) USOTC:GEVI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.1225 -17.01% 0.5975 0.60 0.6999 0.74 0.5975 0.72 27,655 20:52:19

General Environmental Management Announces Results of Special Meeting of Stockholders

25/02/2010 11:00am

Business Wire


General Enterprise Ventu... (PK) (USOTC:GEVI)
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General Environmental Management, Inc., a Nevada corporation (GEM) (OTCBB: GEVI) announced that, at a Special Meeting of Stockholders held on February 19, 2010 (the “Meeting”), stockholders approved the Purchase Agreement (the “Agreement”) dated as of November 25, 2009, by and between GEM and Luntz Acquisition (Delaware) LLC.

In the final vote count by the inspector of election, 8,228,864 GEM common shares (approximately 56.53 percent of the outstanding common shares) were represented at the Meeting, in person or by proxy, and the Agreement was approved by 99.77 percent of the shares voted and 56.40 percent of the shares outstanding.

The closing of the transaction is anticipated to occur before the end of February, 2010.

“I am very pleased with the shareholders vote to approve the transaction with Luntz Acquisition LLC,” stated Tim Koziol, CEO. “This vote clears the way for the company to move forward and focus our energies in the waste water treatment and waste to energy markets.”

About General Environmental Management, Inc.

General Environmental Management, Inc. www.generalenvironmental.com is a full-service hazardous waste management and environmental services firm providing integrated environmental solutions managed through its proprietary web-based enterprise software, GEMWare, including the following service offering: management and transportation of waste; design and management of on-site waste treatment systems; management of large remediation projects; response to environmental incidents and spills; and environmental, health and safety compliance. Headquartered in Pomona, California, GEM operates five field service locations and one Treatment, Storage, Disposal facility (TSDF), servicing all markets in the Western U.S.

FORWARD-LOOKING STATEMENTS

This press release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or development that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company's actual results to differ materially from those implied or expressed by the forward-looking statements. The Company assumes no duty whatsoever to update these forward-looking statements or to conform them to future events or developments.

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