SOURCE: General Environmental Management

January 30, 2007 17:58 ET

General Environmental Management Announces Results of Special Shareholder Meeting

POMONA, CA -- (MARKET WIRE) -- January 30, 2007 -- General Environmental Management, Inc. (GEM) (OTCBB: GEVM), a leading environmental and waste remediation company, today announced the voting results of the Special Shareholder Meeting held yesterday in Pomona, California.

Shareholders approved by majority vote all matters set forth in the company's proxy statement, including a "reverse stock split" of the company's common stock, pursuant to which one new share of common stock will be issued for each 30 currently outstanding shares of common stock.

In addition, the company's shareholders approved an increase of the company's authorized common stock from 200 million to one billion and an increase of the authorized preferred stock from 50 million to 100 million.

About General Environmental Management, Inc.

General Environmental Management, Inc. ( 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.

Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of GEM. No forward-looking statement can be guaranteed. GEM undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect GEM's business.

Contact Information

  • Company Contact:
    General Environmental Management (GEM)
    Tim Koziol
    Email Contact

    Investor Contact:
    Lippert / Heilshorn & Associates, Inc.
    Moriah Shilton / Kirsten Chapman
    Email Contact