Global Environmental Energy Corp (GEECF) Financial

Global Environmental Energy Corp. through its subsidiaries, engages in oil and gas exploration and production, alternative energy sources, environmental infrastructure, and electrical micro-power generation. The firm was formed to become a fully integrated energy company whose interests include traditional oil and gas exploration and production, alternative energy sources, environmental infrastructure and electrical micro-power generation through it subsidiaries. Its subsidiaries include Biosphere Development Corp (Bahamas) and Sahara Petroleum Exploration Corp (Bahamas). In January 2009 Biosphere Development Corp. (Bahamas), one of the 85% owned subsidiaries of the Company, granted a Biosphere Technology License number BTLA-200901 to Wister Associated Inc., under which agreement the Company transferred its 97.12% shareholding in Biosphere (Shaoxing) Technology Co. Ltd., 31% shareholding in Biosphere Asia Pacific, its 45% shareholding in Biosphere (HK) Ltd, and its 31% shareholding in International Environmental Energy Corp to Wister.