Archive for the ‘General Environmental Management Inc. GEVI’ Category

General Environmental Management, Inc. (GEVI.OB) to Focus Entirely on Waste-to-Energy Project in Brazil

Friday, June 25th, 2010

General Environmental Management Inc. announced this morning that it will focus all efforts on the Bio-Energy Solutions Group, Inc. (BESG) Brazilian waste-to-energy project. The company intends manage BESG’s waste-to-energy operations in Pernambuco, Brazil, including the collection and processing of municipal solid waste and subsequent conversion to alternative energy. The management agreement will have a term of 15 years.

“When we announced this decision yesterday, we did so with the clear vision of taking the years of management expertise and execution in the waste management field, and deploying those capabilities on the BESG project,” stated GEM CEO Tim Koziol. “This partnership with BESG has the potential to bring considerable revenue into GEM. The size and scope of this project should lead to strong, predictable and profitable revenue streams. We project that we will be managing more than 4,900,000 tons per year of feedstock from over 368 municipalities just in the initial facility in Brazil, with upside potential to add many more municipalities throughout the country. With estimated revenue of $25 and $30 per ton of waste, the potential is enormous.

“It became clear to our management team that this relationship with BESG will occupy all of our time, effort and energy and is the best way to create shareholder value in our company. We will be updating shareholders regularly on this new strategic direction. I want to emphasize, however, that we had made the decision to move into the waste-to-energy market several months ago. The BESG opportunity came from our announced intent to be in that market. Being able to deploy our knowledge and waste management skills to not only generate substantial revenue, but to solve a deepening waste management and energy problem in Brazil, is very satisfying. We hope to reward shareholders through our decision to move in this direction,” added Koziol.

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General Environmental Management, Inc. (GEVI.OB) Signs Letter of Intent with Bio-Energy Solutions Group to Manage Waste-to-Energy Project

Wednesday, June 23rd, 2010

General Environmental Management Inc. announced today after the closing bell that it has entered into a Letter of Intent to execute formal agreements with Bio-Energy Solutions Group, Inc. (BESG) to manage their waste-to-energy operations in Pernambuco, Brazil. Responsibilities would include the collection and processing of municipal solid waste and subsequent conversion to alternative energy. The management agreement has a term of 15 years.

“We are very pleased to have entered into a Letter of Intent to formalize a management contract services relationship with BESG,” stated Timothy J. Koziol, CEO of GEM. “BESG has contracts for 34 towns in the state of Pernambuco, Brazil, with additional towns requesting contracts. BESG offers a compelling alternative to the traditional landfill approach by reducing municipal solid waste using natural processes, extracting marketable recyclates from the waste input stream, and enabling the residual biomass to be used as feedstock for generating renewable energy in an environmental friendly manner.”

Koziol continued, “This waste-to-energy (WTE) project is enormous in scope, and GEM will have to consider the best use of resources to accomplish the management of this project, but we are pleased to have been chosen and look forward to making this project the main focus of our business activities. GEM will therefore not complete the financing and acquisition of California Living Waters. The formal purchase agreements called for GEM to make a payment to United Stated Environmental Response LLC on June 30, 2010, which we will not make. Although we believe in the opportunity to build a strong and profitable company with Southern California Waste Water as a foundational entity, we will change our focus to the WTE arena and build an international enterprise with BESG, beginning with Brazil.”

John Creel, CEO of BESG, commented, “I am thrilled to have the GEM management team join forces with BESG. We expect them to bring the same expertise for growth and development that catapulted them onto Deloitte’s 2009 Technology Fast 500 Ranking for North America as we provide solutions to some of the waste issues affecting our environment today. The world is faced with massive problems involving landfills, including running out of room, destruction of the surrounding environment, and the atmospheric pollution of nearby communities. Municipalities around the world are seeking an affordable answer to these ever-increasing problems. What better solution than to collect and convert the waste in a process that is eco-friendly and produces much needed eco-friendly power through our patented technology.”

Over the past two years, Johannes Steinacker, BESG Executive Vice President of Sales for South America, has methodically built a strong presence in Brazil. In 2008, he was appointed by the Brazilian government to be their Special Secretary of State for Foreign Business and Investment, and later resigned when offered the position of Vice President of the newly formed Chamber for New Business Development for the State of Pernambuco. Steinacker said, “The initial installation of a facility in the state of Pernambuco, Brazil is expected to serve primarily organic materials from towns in two states. It is anticipated that 4,900,000 tons per year of feedstock from over 368 municipalities will be managed by this initial facility by the end of 2011.”

“Although the task is challenging, we believe the need for a solution like the one BESG brings to the table is critical, and we are thrilled to partner with BESG,” added Bill Mitzel, President and COO of GEM. “We have proven our ability to manage and provide environmental solutions, and believe this solution may be the beginning of a long-term solution for WTE operations.”

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General Environmental Management, Inc. (GEVI.OB) Gains From Southern California Waste Water Acquisition

Friday, June 18th, 2010

General Environmental Management Inc., through the recent purchase of Southern California Waste Water (SCWW), has taken its first major step in the process of transitioning from being a waste management company to becoming a wastewater treatment and waste-to-energy enterprise.

Southern California Waste Water (which also continues to do business under the earlier name of Santa Clara Waste Water) was created in 1959 by six major oil companies to service the unique waste water processing needs of the oil and gas industry. It continues in that role, in addition to serving domestic and industrial waste clients. SCWW uses advanced treatment processes to receive, treat, and safely dispose of most industrial waste water.

Over the years, SCWW has established a stellar reputation of customer dedication, shown in a willingness to do whatever it takes to get the job done. For example, if a company needs to do a boiler wash down at 2 AM, but finds it doesn’t have enough onsite water storage for the job, SCWW will open up for them to solve the problem, with the ability to store up to one million gallons of contaminated water. Or if a customer is facing cost control problems, SCWW can put together short or long term contracts with fixed pricing.

They continue to grow their technology, recently adding electro-coagulation, UV filtration, and advanced ozone systems. Many manufacturers today utilize reverse osmosis, resulting in a reject discharge that is often high in TDS (Total Dissolved Solids) with which the manufacturer must deal. SCWW offers a solution because it has no TDS limits. They also work with metals and other contaminants.

Another advantage SCWW offers is quick turnaround. Their typical waste water truck waits less than four minutes to begin offloading. And offloading itself is done quickly and efficiently. They are also efficient when it comes to customer trucks that need washout. SCWW can return the truck in minutes versus hours. All of this can save a customer thousands of dollars each month in trucking costs. SCWW can also help customers who want to outsource their transportation logistics, booking the transporter and even handling the billing. Also important is the fact that SCWW is a non-hazardous facility, meaning that customers don’t have to worry about facing some sort of hazardous superfund lawsuit years down the road.

GEM CEO, Tim Koziol, sees the acquisition of SCWW as just the first step in GEM’s plan to expand into the waste water industry. “We believe there is a large and growing opportunity in wastewater treatment, both nationally and globally. We plan to use our core competencies to develop the business through professional sales and marketing while standardizing operations for regional, national and global growth.”

For more information on General Environmental Management (GEM) or Southern California Waste Water (SCWW), visit the company websites at www.Go-GEM.com and www.SCWW.com.

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General Environmental Management, Inc.’s (GEVI.OB) Profitable Move Into Wastewater Treatment

Thursday, June 10th, 2010

General Environmental Management Inc. has moved from being a hazardous waste business to being primarily a non-hazardous wastewater treatment company. The company disposed of its prior businesses and purchased Southern California Waste Water (SCWW). The acquired company was founded in 1959 by six of the major oil companies and continues to provide service today to industrial waste clients and the oil and gas industry in California.

This change in the company’s business model led to General Environmental’s first quarter, since its inception, with positive net income. Net income came in at nearly $4.48 million. The company recently reported first quarter results showed earnings of $0.30 per share and revenues of $1.46 million, all of which were from SCWW.

General Environmental Management expects that this is just the beginning for the company in the wastewater industry. Its SCWW subsidiary is recognized as one of the leading waste water utilities in the United States, successfully treating over 2 billion gallons of wastewater and doing so profitably. The company has profit margins in excess of 30 percent.

The water industry as a whole is large and growing nicely. On a global basis, the industry size exceeds $400 billion and growing rapidly – thanks to the growth in the emerging markets. Here in the United States, there is a $120 billion market for water and its treatment. The US market is expected to at 6%-7% over the next several years. This should come as no surprise since it is estimated that globally there are about 1,500 cubic kilometers of wastewater produced on an yearly basis.

The future for General Environmental Management and its Southern California Waste Water subsidiary looks bright indeed. For more information on the company, please visit their website at www.generalenvironmental.com.

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General Environmental Management, Inc. (GEVI.OB) Partners with Earthsonics to Offer Revolutionary New PetroMax/Sonication Process for Stimulating Oil Wells

Thursday, June 3rd, 2010

General Environmental Management, Inc., www.generalenvironmental.com – the environmental services provider which also owns and operates Southern California Waste Water (SCWW) www.scww.com, recently announced the signing of an exclusive marketing agreement with Earthsonics to utilize PetroMax and sonic stimulation in oil and gas production.

CEO of GEVI, Timothy J. Koziol, called this agreement a huge stride forward for bringing alternative technology to the market, noting that it also signifies exciting new oil and gas industry penetration by the company and effectively extends their activities throughout the entire production process, from the well site to waste disposal.

CSO of GEVI, Doug Edwards, took a moment to detail the Sonication and PetroMax methodology, noting that the combination of low frequency sound energy in conjunction with the PetroMax solution was able to cause hydrocarbon molecules from deep within the earth to detach, resulting in greater productivity.

The first commercial application of this technology, which is based on breakthroughs made by the US Navy, will be at sites in Illinois and Texas this month, with a California well site slated for later in the summer.

A monthly leasing fee for sonication equipment, and fees for the PetroMax solution (or a share in increased production revenue), are contained in the business model, and the marketing agreement gives the Company exclusive use of the process in CA, as well as nationwide non-exclusive rights.

Dept. of Energy testing indicates that the Earthsonics process can liberate as much as 25% more oil per well. If these first commercial applications go well, it will place GEVI at the forefront of a bold new frontier in the oil and gas sector.

The Company acquired marketing rights to PetroMax earlier this year. PetroMax is a proprietary solution designed to shear hydrocarbons away from attachment constraints, and can be used in wells, or for cleaning out oil tanks, as the Company currently does at its SCWW Santa Paula facility.

Edwards commented on the revolutionary efficacy of PetroMax, recounting how he has seen the thicket of oil sludge in the bottom of a tank become “instantly fluidized”, and indicated his excitement at seeing the product at work down in the well.

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General Environmental Management Inc. (GEVI.OB) Reports First Time Profitability with First Quarter 2010 Financial Results

Tuesday, May 25th, 2010

Yesterday after the closing bell, General Environmental Management Inc. (GEM) announced its financial results for the three months ended March 31, 2010. The company reported first-quarter GAAP (generally accepted accounting principles) earnings per share (EPS) at $0.30. For the first time in Company history, GEM has recorded a quarterly net income. Total net income for the quarter was calculated at $4,477,955.

In the press release, the company made it clear that revenues for the first quarter are strictly from the Southern California Waste Water (SCWW) subsidiary, due to the discontinuation of all other segments of the GEM hazardous waste business. Revenues for the subsidiary were reported at $1.46 million, up 28% from $1.14 million for the same time period in 2009. The new company direction to a primarily non-hazardous wastewater treatment driven business model provides the foundation to build a strong enterprise.

First quarter gross profits totaled $172,769, down from $272,437 reported for the same time period in 2009. This reduction in 2010 gross profits was mainly attributed to a $150,000 one-time remediation expense to improve the facility in Santa Paula. Future quarterly results will not have recurring expenses from the facility’s improvements. Monetary gain on the sale of the GEM Delaware facility and its subsidiaries equaled $8.687 million.

The company’s operating expenses included a non-cash charge in the first quarter totaling $380,000 related to the issuance of S-8 shares for business development. The current weighted average shares of common stock outstanding, basic, and diluted is 15,057,653.

Chief Executive Officer of GEM Timothy Koziol commented, “We are pleased with the results shown in our first quarter. For the first time in the Company’s inception we have positive net income. I firmly believe that the decision to pursue the non-hazardous wastewater strategy has been a wise one and look forward to building and developing our business model. While our financial statements only include the revenue through SCWW as footnotes, we expect that our 2nd quarter results will be more clearly defined as the non-hazardous wastewater treatment becomes our sole revenue source.”

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General Environmental Management, Inc. (GEVI.OB) Moving Into the Big Leagues of Environmental Services and Wastewater Remediation

Monday, May 24th, 2010

General Environmental Management, Inc., www.generalenvironmental.com, is a developing environmental service company whose business model has proven its ability to perform a structural market adaptation. Its subsidiary, Southern California Waste Water (SCWW), which treats and disposes of non-hazardous wastewater and serves as a nodal inlet to a robust and growing nationwide network of full-spectrum environmental service facilities, was recently cited as a prime candidate for investment by an article at SeekingAlpha.com , a respected online market analysis site.

The Company’s recent acquisition of SCWW has enabled a structural shift to accommodate market forces, producing a business model innovation that is demand-centric, allowing GEVI to move into and take up significant nationwide presence in wastewater remediation while extending the footprint SCWW has in the oil, gas and industrial waste market, especially in CA.

SCWW is eminent throughout the US for wastewater treatment, with 30%+ profit margins and a reputation good enough to be selected by the EPA for contract. The SCWW facilities have processed an astonishing 2+ billion gallons of wastewater to date, and have a 420k barrel/day capacity.

Investors must always be aware that current trends are a clear indicator for future conditions. Increasing demands on global water usage have led to unsustainable dynamics, leading some analysts to float around terms like peak-water to express the problem and the imminent exponential increases in demand for clean potable water and water remediation services in general.

The US water market is roughly $120B, with an estimated 7% annual growth rate. The global market is around $400B, and vastly outpacing the US due to the conditions of merging markets – a reality which is bringing water quality alongside quantity to the forefront of resource management concerns worldwide.

Wastewater remediation as a market has very little ceiling; an estimated 1,500 cubic kilometers of wastewater is produced each year and, as a potential resource for both energy and irrigation, is largely wasted.

This is where GEVI stands poised to make incredible moves by offering a basket of field services, remediation, transportation, on-site technical and EHS compliance services, and off-site treatment for hazardous and non-hazardous materials (a process streamlined by the Company’s proprietary GEMWare software platform).

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HotStockChat Releases Interview with General Environmental Management, Inc. (GEVI.OB) CEO Tim Koziol

Thursday, May 13th, 2010

Today, HotStockChat published an interview featuring General Environmental Management CEO Tim Koziol. In the 7 minute interview, Tom Allinder of HotStockChat and Mr. Koziol discussed a list of topics including GEM’s history, the recent business transition, goals for next year, plans to reach those goals and why GEM is a good investment opportunity.

The compete interview can be found at the following link: http://www.hotstockchat.com/gem-interview-with-ceo-tim-koziol

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General Environmental Management, Inc. (GEVI.OB) Video Chart for Wednesday, May 12, 2010

Wednesday, May 12th, 2010

GEVI recovered nicely from the long lower shadow a few days ago. $.12 is holding as support and we are looking for a longer term reversal at this point.

Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=394

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General Environmental Management, Inc. (GEVI.OB) CEO Provides Special Shareholder Address

Monday, May 10th, 2010

General Environmental Management Inc. announced early this morning the release of a company overview as presented by General Environmental Management, Inc. CEO Timothy J. Koziol. The “State of the Union” style communiqué provides current and prospective shareholders with a complete picture of where the company currently stands in 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.

Chief Executive Officer of GEM Timothy J. Koziol began the communiqué by stating, “Over the recent months, General Environmental Management has changed direction, company vision, and company profitability. As we evolve into our new business model, we recognize the importance of keeping our shareholders up-to-date. It is with this intention that I present this communiqué to you today.”

“Since 2002, GEM has been providing a premium level of environmental solutions to clients in the Western Region of the United States. While our direction has changed from hazardous waste services to the treatment and disposal of non-hazardous wastewater, we remain vigilant and focused on building shareholder value. Our previous business model focused primarily on environmental services and the management of hazardous waste. Our proprietary software solution, GEMWare, was designed to give GEM and its clients the data needed to efficiently manage regulated waste streams from start to final treatment and disposal.”

“While this business model suited us for a time, and provided the framework to build General Environmental Management, we believed that higher profitability lay in non-hazardous wastewater treatment. Water stands as the 3rd largest industry behind power generation and oil and gas. According to the US Bureau of Labor Statistics, the water and wastewater industry experienced 4%, 2%, and 8% growth in the 1990, 2001, and 2007 recessions respectively. GEM’s Board of Directors decided the Company should change its focus from a purely services based company to an enterprise with a foundation in a fixed based treatment and disposal facility, like SCWW.”

Mr. Koziol continued, “SCWW, a non-hazardous wastewater treatment facility in Santa Paula, California, was our platform. We acquired them and began plans to grow the business organically and develop state-of-the-art systems for operations, sales, compliance, finance, and human resources at SCWW which can then be deployed at other acquired facilities. Our expert staff created a turn-key system sculpted from GEM’s expertise to streamline processes and provide dynamic full spectrum environmental services. Ultimately, GEM aims to establish a nationwide network of wastewater treatment facilities over the next few years, seeking out acquisitions and reformulating them to the GEM standards.”

“Margins from the treatment of hazardous waste were between 5%-10%, mainly due to the costs involved in the final disposal stage at permitted facilities operated by outside sources. Non-hazardous wastewater treatment margins at SCWW by contrast are over 30%. Taking ownership of the final processing plant at SCWW has proven to be the key in securing maximum profitability. Our change of focus has resulted in margins up to eight times greater than those maintained by our hazardous waste services only model. We are excited about our business strategy to push greater volume with a scalability that permits us to grow at a solid pace.”

Koziol added, “The domestic water industry is approximately $120 billion in size, with the global market currently calculated at over $400 billion. The industry is growing each year with increasing demands from industry, government and consumers. In 2009, SCWW gross revenues totaled $6,205,903 with an EBITDA of $1,751,333. In 2010 we expect to see continued growth at SCWW.”

Mr. Timothy Koziol concluded, “The new systems we are developing and deploying at SCWW are turn-key, completely scalable and provide a platform for future growth. Our new business model is also more in tune with the economic landscape of today. The sign of any good company is the ability to not only survive in an economic downturn, but to thrive. As stated previously, we believe that 2010-2011 will be years of enormous growth for GEM.”

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

Thursday, May 6th, 2010

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 energy and combines it with our PetroMax solution to increase the flow rate from existing production wells.”

“Sonication stimulates the PetroMax chemical and process to detach hydrocarbon molecules from the depth of the earth, enabling them to be recovered by well pumps. The technology borrows from advances made by the US Navy to make reality from what had previously been only hoped for,” continued Edwards.

“Our first commercial applications will take place this month in Illinois and then in Texas. We also have a California well site that will be stimulated this summer,” added Edwards.

GEM will require a monthly lease rate for the sonication equipment and a fee for the PetroMax solution or a sharing in the increased production revenue. Tests supervised by the Department of Energy show that the Earthsonics process can stimulate production by up to 25% per well.

According to the press release, the marketing agreement gives GEM exclusive rights to use the sonication process in California and non-exclusive rights throughout the United States.

“This is the first commercial application combining these new technologies,” commented Koziol. “If it performs as hoped, GEM will be at the forefront in using new technology in the oil and gas exploration industry.”

Earlier this year, GEM acquired marketing rights to PetroMax, a patented series of water-based chemicals and various application processes that are combined to shear hydrocarbons from surfaces to which they are tightly attached. PetroMax is now used for oil tank clean outs through GEM’s Santa Paula facility, Southern California Waste Water.

“I have witnessed the thickest of oily sludge in tank bottoms become instantly fluidized,” said Edwards. “We are very excited at the prospect that we will be able to replicate down hole what we are accomplishing today in tank bottom cleanouts.”

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

Thursday, April 29th, 2010

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 oil companies to service their needs and for almost 40 years that is all we did. Then for a period of a decade we abandoned that market in favor of domestic waste and general industry. In the past three years we have re-invested earnings to expand our capabilities to service all three sectors. The result has been very satisfying as both big and small oil operators increasingly find SCWW as the best solution to their non-hazardous wastewater disposal needs.”

Edwards explained, “The growth can be attributed to several factors, including a strong marketing presence, the rise in oil prices, vertical integration through the exclusive licensed use of PetroMax and environmental services, and improved processing capacities that enable trucks to be serviced quickly and safely. We have plans that will further extend our growth in the energy sector which we plan to announce this summer.”

Mr. Koziol further commented, “While California continues to suffer from the recent recession, SCWW’s business model of diversification and integration within the wastewater business sectors has enabled the company to not only weather the storm, but to emerge stronger than ever. Still, as California’s business outlook improves, we anticipate additional growth in domestic waste and general industry sectors.”

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

Monday, April 26th, 2010

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 2002, we researched the landscape of environmental service companies and determined there was a need for a higher level of service in the Western U.S. Our team then began building a business model centered on GEMWare, our proprietary software designed to give GEM and its clients the data needed to properly manage regulated waste, a Treatment, Storage and Disposal Facility (TSDF) for the consolidation of waste, and a network of service centers.”

Mr. Koziol continued, “Last year, based on the current economic changes, GEM’s Board of Directors decided the Company should change its focus from a purely services based company to an enterprise with a foundation in a fixed based treatment and disposal facility, like SCWW. With that decision we sold both service lines, the mobile treatment services business and the hazardous waste services only business, and acquired SCWW, a non-hazardous wastewater treatment facility in Santa Paula, California. Our plans are to grow the business organically and develop state-of-the-art systems for operations, sales, compliance, finance, and human resources at SCWW which can then be deployed at other acquired facilities.”

Bill Mitzel, President and Chief Operating Officer of GEM, added, “In the environmental sector all regulated waste must be ultimately treated and disposed of properly at permitted facilities. Because of this, the final treatment and disposal facilities generally have greater stability in their revenues streams and higher margins. SCWW is a tremendous asset because of its ability to treat and dispose of non-hazardous wastewater. We are excited about our business strategy to push greater volume through SCWW and develop the kind of systems we created previously for efficiency, increased revenue, greater margins and scalability.”

“We were thrilled to sell SCWW to GEM and become part of their growing wastewater plans,” said Doug Edwards, Chief Strategy Officer of GEM and former owner of SCWW. “Our management team believed there was more potential and growth available if we joined with GEM. SCWW is the first piece of what we expect to be a much larger network of non-hazardous wastewater facilities. We believed in our future with GEM to the extent that we sold CLW, the parent company of SCWW, to GEM prior to the completion of the sale of its hazardous waste services only business to Luntz Acquisition (Delaware) LLC.”

Mitzel commented, “Our business model, centered around a permitted, non-hazardous waste, fixed based treatment and disposal facility, like SCWW, generates greater margins for us than those achieved by our previous model. Our change of focus has resulted in margins up to eight times greater than those maintained by our hazardous waste services only model.”

Koziol added, “The water industry domestically is a $120 billion market and growing with increasing demands from industry, government and consumers. Globally the water market, which exceeds $400 billion, is third in size behind only power generation and oil. Diminishing world water supplies will only aid the Company in securing more non-hazardous wastewater business in the future. Within the water industry, we believe the wastewater sector has great potential for building value by developing the type of systems needed for profitable and efficient operations that can be deployed for greater scale. We look forward to building a growing enterprise of wastewater facilities utilizing the experience of our management team.”

Koziol concluded, “GEM’s new business model is more in tune with the needs of today. Our experienced teams have managed to build real value with our state-of-the-art SOP systems. Our systems are completely scalable, using the SCWW platform, for regional and national expansion. GEM will continue to grow as we build organically and seek out acquisitions and reformulate them to the GEM standards. We believe that 2010-2011 will be years of enormous growth for GEM. As GEM prepares for an incredibly active year, we have dedicated ourselves to ensuring that our shareholders are kept apprised of news and information as events occur.”

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

Wednesday, April 21st, 2010

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’ needs. The PetroMax process is an excellent example of meeting the needs of our current clients who provide SCWW with a substantial portion of our volume in non-hazardous liquid waste while also providing the impetus to add new clients.”

“We are thrilled to offer what we believe is an industry changing treatment process,” added Doug Edwards, GEM Chief Strategy Officer and Executive Vice President for Corporate Development. “The great merit of the PetroMax process is that it can generate savings of 30% to oil producers and refineries who struggle to move thick oil sludge. This can literally save a million dollars or more for a large tank cleaning.”

In addition to oil and gas production and refineries, SCWW has acquired the exclusive right in North America to market PetroMax to the shipping industry. Edwards explained, “PetroMax will save enormous money as shippers use PetroMax to pump their oil sludge with ease and clean their tankers in a fraction of the time currently required.”

A third aspect of the license is for the stimulation of downhole oil production. “Put simply,” said Edwards, “PetroMax allows thick oil to come out of the ground quicker.”

Mr. Koziol stated the following in conclusion, “We look forward to marketing PetroMax and sharing with our shareholders how this process both enhances our current wastewater services at SCWW and brings us into the broader oil and gas service industry. The rights to PetroMax provide GEM the ability to move quickly into new geographic markets and develop a wastewater network.”

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General Environmental Management, Inc. (GEVI.OB) Video Chart for Monday, April 19, 2010

Monday, April 19th, 2010

GEVI made a nice move yesterday and has some specific things to look for at this point. Watch the video to see why this may maintain a larger move.

Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=379

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

Friday, March 26th, 2010

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 advisor to steer the emerging segment by helping to analyze acquisition opportunities in CA and the Western US as they develop.

With significant progress being made towards this objective, GEVI has completed the acquisition of one of California’s oldest and most profitable water treatment businesses, the Santa Clara Waste Water (SCWW) Corporation, which has been successfully operating for more than five decades. GEVI has also engaged an undisclosed senior lending facility interested in enabling the Company to pursue this agenda in conjunction with such strategic acquisitions.

A $120B industry in the US, the water industry here represented has a projected growth rate of 6-7% within the next year, and as a global market represents over $400B in business each year, growing at a pace alongside population.

Similarly the compounded annual growth rate for the global waste-to-energy market is projected to be around 6.7% in the next five years, and represents $19.9B worldwide.

With increasing funding and demand igniting a firestorm in alternative energy, these seem shrewd moves by GEVI to capitalize on related, environmentally friendly businesses, particularly with long-time sponsor-turned-advisor GPP contributing its vast experience and substantial analytical resources to insuring that GEVI is able to identify the appropriate growth opportunities.

General Environmental Management has a superb management team of dedicated professionals that have clearly proven national sales, consolidation and integration experience. With six major acquisitions notched into its belt, thanks to this management expertise, GEVI looks to expand into the higher-margin segment of the waste and water treatment.

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

Tuesday, March 16th, 2010

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 obligations to their senior lender by $9.1 million, with the remaining obligation of approximately $1.2 million to be paid down with the realization of various assets and deposits expected over the rest of this year. The senior debt outstanding of $5.6 million related to the mobile treatment business is offset by a note receivable from the buyers of that business. The note will be paid when the mobile treatment buyers refinance their debt, expected later this year. At that point, GEM’s senior lender liability will have been reduced by over $15.9 million.

GEM CEO, Tim Koziol, 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 treatment business. We believe there is a large and growing opportunity in wastewater treatment, both nationally and globally. We plan to use our core competencies to develop the business through professional sales and marketing while standardizing operations for regional, national and global growth.”

GEM President and COO, Bill Mitzel, added, “Our focus in wastewater treatment services and waste to energy will be in areas that are typically overlooked with new and innovative ideas. The two technologies have mostly been treated separately, but we are looking at ways to combine both for a greener approach.”

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

Monday, March 1st, 2010

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 treatment business.

Koziol continued, “We believe there is a large and growing opportunity in wastewater treatment, both nationally and globally. We plan to use our core competencies to develop the business through professional sales and marketing while standardizing operations for regional, national and global growth.”

“Our focus in wastewater treatment services and waste to energy will be in areas that are typically overlooked with new and innovative ideas,” stated Bill Mitzel, President and COO of GEM. “The two technologies have mostly been treated separately, but we are looking at ways to combine both for a greener approach.”

Brett Clark, CFO of GEM, added, “The transaction was able to reduce our outstanding obligations to our senior lender by $9.1 million. The remaining obligation of approximately $1.2 million will be paid down when certain assets and deposits are realized over the next nine months. The senior debt outstanding of $5.6 million related to the mobile treatment business will be offset by a note receivable from the buyers of that business. This note receivable will be paid when the mobile treatment business buyers refinance their debt, which is expected later this year. In total, the senior lender liability will have been reduced by over $15.9 million.”

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

Thursday, February 25th, 2010

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 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.”

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

Tuesday, February 23rd, 2010

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 the higher margin, faster growing business segments.

Within the U.S. alone, the water industry is a $120 Billion market that is expected to grow at 6-7% over the next year. On a global basis, the industry size exceeds $400 billion annually and increasing with the demands of a growing world population. The global waste-to-energy market, on the other hand, is a $19.9 billion market with expected CAGR of 6.7% over the next five years.

In order to ensure every advantageous acquisition opportunity is properly evaluated, GEVI has retained the services of General Pacific Partners (GPP). With a very selective and calculated acquisition strategy in place, GEVI is poised for continued success.

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General Environmental Management, Inc. (GEVI.OB) Announces Upcoming Proxy Vote for Sale of Waste Management Business

Wednesday, February 3rd, 2010

General Environmental Management, Inc. was pleased to announce this morning that its Stock Purchase Agreement with Luntz Acquisition (Delaware), LLC, a subsidiary of PSC Environmental Services, LLC, pursuant to which the Company has agreed to sell General Environmental Management, Inc. (DE) and its subsidiaries, continues to stay on track for a closing date on or prior to March 1, 2010.

GEM’s Board of Directors has unanimously approved the Purchase Agreement and adopted resolutions recommending shareholder approval. However, the closing of the sale is still subject to the approval of shareholders and other customary closing conditions. After the proxy vote is completed, the company will hold a shareholders’ meeting to submit the Purchase Agreement for approval on February 19, 2010.

Tim Koziol, GEM Chief Executive Officer, commented, “We are very pleased with our progress in shifting GEM’s focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. We firmly believe this transition will lead to a dramatic improvement of our balance sheet as well as lay the foundation for long-term growth and profitability.”

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General Environmental Management, Inc.’s (GEVI.OB) Acquisition of Santa Clara Waste Water

Friday, January 15th, 2010

Just two short months ago, General Environmental Management Inc. announced an important first step in its move from a field waste services company into more lucrative sectors such as water treatment. The company reported the completion of its acquisition of Santa Clara Waste Water (SCWW) in California. Santa Clara Waste Water is a profitable, 50 year old company focused primarily on waste water treatment. Since its inception, SCWW has treated more than 2 billion gallons of waste water and was among the top 100 privately-owned, non-hazardous, waste water utilities in the United States.

The company financed the acquisition through six promissory notes in the principal amount of $9,003,000 along with warrants for the principals of SCWW to purchase 425,000 of General Environmental Management’s common stock. The notes bear interest at 6.5% per year. Two of the notes, totaling $3,778,000, are convertible into a total of 15% of the company’s common stock on a fully diluted basis.

The assumption of the long-term debt is secured by SCWW’s plant and equipment. Santa Clara Waste Water generated solid revenues in 2008 of about $7.6 million. The company’s management believes that the transaction is very accretive to General Environmental Management and that the terms of the transaction are very favorable to its shareholders.

The waste water treatment market is large and will continue to grow as demand for water treatment increases exponentially. Santa Clara Waste Water has a profitable, high margin business model and the goal for General Environmental is to build upon this in an effort to become successful – first regionally and then to be a successful national waste water treatment company.

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General Environmental Management, Inc. (GEVI.OB) Moves Forward With Sales and Acquisitions

Wednesday, December 23rd, 2009

General Environmental Management Inc. recently completed the acquisition of Santa Clara Waste Water (SCWW), a profitable full-service environmental services company focusing on waste water treatment. SCWW has been doing business for over 50 years, and has treated more than 2 billion gallons of waste water. It’s listed as one of the top 100 privately owned non-hazardous waste water utilities in the country.

The acquisition was financed through the issuance of six promissory notes, totaling $9,003,000, along with warrants for the principals of SCWW to purchase 425,000 shares of GEM common stock. The interest rate for the notes is 6½% per annum. Two of the notes, totaling $3,778,000, are convertible into a total of 15% of GEM’s common stock on a fully diluted basis.

The acquisition is seen as one of several major actions taken by General Environmental Management (GEM) to improve the company’s balance sheet and focus on new and more profitable markets, including the sale of GEM Mobile Treatment Services and the execution of an agreement to sell the field services business unit.

GEM CEO, Tim Koziol, commented earlier on the moves, “Taken together, these strategic moves have created a foundation for GEM to take advantage of opportunities that we believe will lead to profitability and positive cash flow in the coming year. Our shareholders should look at the current quarterly report as a reflection of a work in progress. Our intention is to continue to focus on higher margin business opportunities in the water treatment and waste-to-energy markets in order to maximize shareholder value of our company’s stock. We are very pleased with the progress and advancements the company has made the past few months, especially when considering the difficult economic environment.”

Koziol added, “Concluding the sale of our field services business will result in a dramatic improvement of our balance sheet, and will result in a lean business that will put profitability and cash generation as the top priorities. We firmly believe our hard work will pay off once we’ve fully transitioned to the faster-growing water treatment and waste-to-energy markets. After the foundation is laid, we will focus our efforts on building a regional and then national presence.”

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General Environmental Management, Inc.’s (GEVI.OB) Transition into Faster-Growing, High-Margin Markets

Friday, December 11th, 2009

General Environmental Management Inc. made a strategic decision a few months ago to switch the focus of the company from hazardous waste field services to the more lucrative water treatment and waste-to-energy markets. The company’s management firmly believes that shareholders will benefit in the long-term from this move into faster-growing markets.

The company’s initial forays into these markets will focus on western areas of the United States. General Environmental has already made one large deal in the rapidly-growing water business. The recently-closed deal saw the company acquire California-based Santa Clara Waste Water, a profitable 50 year old wastewater treatment business.

General Environmental also recently made a move into the waste-to-energy business. The company signed a letter of intent with privately-held Cake Energy LLC, a waste-to-energy technology company, to build and operate leading-edge waste-to-energy facilities in the western United States. Cake Energy has developed proprietary technology which turns sludge into energy.

Cake Energy’s proprietary technology has other believers in it besides General Environmental such as the Heinz family, which has invested into the company. A single plant of this type is believed to be capable of processing up to 120 tons of sludge per day. The anticipated revenue model is to charge municipalities a flat price per ton of waste processed as well as sell the excess energy generated from the process. General Environmental hopes to build the first such plant within the next two years.

With the move into these faster-growing, more-profitable markets, General Environmental should be able to build upon its already enviable track record – growing their revenues at a 47% compounded annual rate since 2002. In the United States alone, the water industry is a $120 billion market and growing at a 6%-7% rate. The waste-to-energy market is growing at an even faster pace and is currently a $20 billion global market.

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General Environmental Management, Inc. (GEVI.OB) Files Quarterly Report; Updates Investor Community

Wednesday, December 2nd, 2009

General Environmental Management, Inc. announced today just before market close that it has filed its 10Q Report for the quarter ended September 30, 2009. The Form 10Q can be found at http://www.sec.gov.

The company also provided a brief update on the previously announced closing of the acquisition of Santa Clara Waste Water Company, as well as the progress made on the sale of GEM’s field services business.

According to the press release, GEM has taken major actions to eliminate debt, improve GEM’s balance sheet and free up resources to focus on new, profitable markets. To date, the company has: 1) sold GEM Mobile Treatment Services, Inc.; 2) acquired Santa Clara Waste Water Company (SCWW), a profitable, 50-year-old wastewater treatment business; and, most recently 3) executed a definitive agreement to sell the field services business unit for $14 million in cash plus the assumption of $1.1 million of long-term lease obligations. The net cash proceeds from the transaction will be used to retire senior debt and to pursue the company’s new business strategy in the water treatment and waste-to-energy markets.

“Taken together, these strategic moves have created a foundation for GEM to take advantage of opportunities that we believe will lead to profitability and positive cash flow in the coming year,” stated Koziol. “Our shareholders should look at the current quarterly report as a reflection of a work in progress. Our intention is to continue to focus on higher margin business opportunities in the water treatment and waste-to-energy markets in order to maximize shareholder value of our company’s stock. We are very pleased with the progress and advancements the company has made the past few months, especially when considering the difficult economic environment.”

Koziol added, “In regards to the sale of our field services business, we have reached an agreement with Luntz Acquisition (Delaware), LLC, a subsidiary of PSC Environmental Services, LLC, to sell General Environmental Management, Inc. (DE) and its subsidiaries, which include five service centers, the TSDF of GEM Rancho Cordova LLC, and the Island Environmental Services business. The final purchase price will be subject to an adjustment based on the computation of net working capital at closing. We have agreed upon a closing date on or prior to March 1, 2010, subject to the approval of GEM’s shareholders.”

He further stated, “Concluding the sale of our field services business will result in a dramatic improvement of our balance sheet, and will result in a lean business that will put profitability and cash generation as the top priorities. We firmly believe our hard work will pay off once we’ve fully transitioned to the faster-growing water treatment and waste-to-energy markets. After the foundation is laid, we will focus our efforts on building a regional and then national presence.”

General Environmental Management Inc. also reminded the investment community that it will be hosting its first-ever investor conference call today at 4:30 EST / 1:30 PST. After prepared remarks and presentation of the operating results, the call will be open to questions and answers. During the earnings call, General Environmental Management, Inc. will provide detailed information on the acquisition of Santa Clara Waste Water Company (SCWW). GEM Management will also discuss the company’s efforts to acquire, license or partner with waste-to-energy technologies and companies.

The participant dial-in number is: 1-480-629-9712

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