ThursdayMay 06, 2010 12:49 pm

General Environmental Management, Inc. (GEVI.OB) Introduces Energy Market to New Stimulation Process

General Environmental Management announced this afternoon that it has signed an exclusive marketing agreement with Earthsonics for down hole stimulation of oil and gas production using a combination of PetroMax and sonic stimulation. “This agreement represents a significant stride forward in the company’s effort to bring new technology to the energy market,” stated GEM’s CEO, Timothy J. Koziol. “Furthermore, it extends our service to the oil and gas industry to encompass the whole production process from well site to waste disposal.” Doug Edwards, GEM’s Chief Strategy Officer, explained the process, “Sonic stimulation is a process that takes low frequency sound…

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ThursdayApr 29, 2010 8:00 am

General Environmental Management, Inc. (GEVI.OB) Water Treatment Facility Foresees Significant Growth in Oil and Gas Sector Revenues

Before the opening bell this morning, General Environmental Management Inc. announced that its subsidiary, Southern California Waste Water (SCWW), is expecting this year’s revenue from servicing oil and gas producers will increase 75% over 2009. Tim Koziol, CEO of GEM, stated, “We are pleased that this sector of SCWW’s base business continues to grow. GEM is committed to providing the resources necessary to maximize SCWW’s opportunities in the Southern California marketplace.” “SCWW services the oil and gas industry, domestic waste generators, and general industry,” added Doug Edwards, GEM Chief Strategy Officer and SCWW CEO. “We were initially established by several…

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MondayApr 26, 2010 7:36 am

General Environmental Management, Inc. (GEVI.OB) Implements New Business Model to Drive Profitability and Higher Margins

General Environmental Management Inc.'s focus remains on implementing its revised business model to expand from an environmental services only company to an enterprise that begins with the treatment and disposal of non-hazardous wastewater at its subsidiary, Southern California Waste Water (SCWW), and expands to include a full spectrum of environmental services for its clients. The company’s ultimate goal is to establish a nationwide network of environmental facilities. “GEM has been providing a premium level of environmental solutions to clients in the Western Region of the United States for over seven years,” stated Timothy Koziol, Chief Executive Officer of GEM. “In…

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WednesdayApr 21, 2010 7:18 am

General Environmental Management, Inc. (GEVI.OB) Acquires Exclusive Rights for PetroMax Treatment Technology

Today before the opening bell, General Environmental Management Inc. announced that its subsidiary, Southern California Waste Water (SCWW), has acquired exclusive licensing rights to market the PetroMaxTech treatment chemical and process known as PetroMax as part of its service to the oil and gas industry. Tim Koziol, CEO of GEM, commented, “This technology provides SCWW with additional capabilities to service a core segment of our client base, the oil and gas industry. As a non-hazardous wastewater treatment facility, SCWW is the treatment option of choice for our clients, and we are always looking for additional means to service our clients’…

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FridayMar 26, 2010 1:58 pm

General Environmental Management, Inc.’s (GEVI.OB) Expansion into Water Treatment and Waste-to-Energy Technology

General Environmental Management, Inc., the respected veteran which has constructed one of the most effectively operated hazardous waste field services, has proved its ability to obtain and maintain a leading-growth profile within the industry. Since its inception, the Company has grown at a compounded annual rate of 48% to generate annual revenues of $37M from only $2.3M The Company, seeking to obtain greater returns for its shareholders, has decided to shift the primary focus of operations to the rapidly growing and more lucrative water treatment and waste-to-energy markets. To this end, it has retained General Pacific Partners (GPP) as financial…

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TuesdayMar 16, 2010 12:36 pm

General Environmental Management, Inc. (GEVI.OB) Using Improved Financials for Transition to Wastewater Treatment and Waste-To-Energy

General Environmental Management Inc. is now pursuing opportunities to build its position in the wastewater treatment and waste-to-energy industries, leveraging the funds it received from the sale of its Western Region Field Service business and its Rancho Cordova Transfer, Storage, and Disposal Facility, to Luntz Acquisition LLC. That sale was approved at a special meeting of stockholders on February 19, and was completed on February 26. It significantly improved GEM’s financial options, and will allow the company to move forward into what it sees as a more profitable market. The immediate effect of the sale was to reduce GEM’s outstanding…

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MondayMar 01, 2010 5:18 pm

General Environmental Management, Inc. (GEVI.OB) Announces Sale of Western Region Field Service Business and Rancho Cordova TSDF

General Environmental Management, Inc. announced today after the closing bell that on February 26, 2010, it completed the sale of its Western Region Field Service business and its Rancho Cordova Transfer, Storage, and Disposal Facility to Luntz Acquisition (Delaware) LLC. As previously announced, the sale was approved at a Special Meeting of Stockholders held on February 19, 2010. Tim Koziol, CEO of GEM, commented, “This sale was an important part of our transition strategy into the wastewater treatment services and waste-to-energy markets and will allow GEM to build on its recent acquisition of Santa Clara Waste Water Company, a wastewater…

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ThursdayFeb 25, 2010 8:59 am

Results of General Environmental Management, Inc.’s (GEVI.OB) Special Meeting of Stockholders

General Environmental Management, Inc. announced today that, at a Special Meeting of Stockholders held on February 19, 2010, shareholders approved the Purchase Agreement dated as of November 25, 2009, by and between GEM and Luntz Acquisition (Delaware) LLC. According to the press release, 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. 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 expected to occur before the end of this month. “I am…

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TuesdayFeb 23, 2010 11:25 am

Beacon Equity Research Featured Company: General Environmental Management Inc. (GEVI.OB)

General Environmental Management Inc. is in the process of shifting its business focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. Since its inception in 2002, the Company has grown at a compounded annual rate of 48% to generate annual revenues of $37M from only $2.3M. This strategic decision was made after an all inclusive analysis of GEVI's opportunity in the environmental management business. Although the company could work through the current economic downturn and build revenue in its field services business, they believe that shareholders will be rewarded by moving the company into…

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