SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of
report (Date of earliest event reported): December
14, 2006
General
Environmental Management, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Nevada
(State
of
Other Jurisdiction of Incorporation)
33-55254-38
(Commission
File Number)
|
87-0485313
(IRS
Employer Identification No.)
|
3191
Temple Avenue, Suite 250 Pomona, California
91768
(Address
of Principal Executive Offices) (Zip Code)
(909)
444-9500
(Registrant's
Telephone Number, Including Zip Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[
]
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
8.01
Other Events
The
Board
of Directors has proposed that there be 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 Board
of
Directors has proposed that the Company increase its authorized common stock
from 200 million to one billion and increase the authorized preferred stock
from
50 million to 100 million. The approval of stockholders to the proposals
will be
sought at a special meeting of stockholders to be held after certain regulatory
procedures are completed. The three proposals will not become effective until
stockholder approval is receiveds.
Exhibit
99 Press
Release, dated December 29, 2006 entitled “General
Environmental Management Announces Proposals to be Voted on at a Special
Shareholder Meeting”
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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General
Environmental Management, Inc.
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Date: January
2, 2007 |
By: |
/s/ Timothy
Koziol |
|
Name:
Timothy Koziol |
|
Title: Chief
Executive Officer |
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