UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL INFORMATIONStock Purchase Agreement • January 26th, 2010 • General Environmental Management, Inc • Hazardous waste management
On November 13, 2009, Registrant entered into a Stock Purchase Agreement ("Agreement") with United States Environmental Response, LLC, a California limited liability company (“Seller”) pursuant to which the Registrant has purchased all of the issued and outstanding capital stock of California Living Waters, Incorporated ("CLW"), a privately held company. CLW owns all of the issued and outstanding capital stock of Santa Clara Waste Water Company (SCWW") a California corporation. CLW's only operating subsidiary is SCWW. The Agreement is subject to a rescission if Registrant does not pay certain indebtedness to its senior lender by close of business on March 12, 2010.
