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GSEN revoked:
https://www.sec.gov/litigation/admin/2017/34-81813.pdf
GSEN SEC Suspension for severely delinquent Financials / Filings:
https://www.sec.gov/litigation/suspensions/2017/34-80638.pdf
Order:
https://www.sec.gov/litigation/suspensions/2017/34-80638-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2017/34-80633.pdf
little quiet rumblings before the volcano. This is goldman sachs. Going to get my beach house after all. Yea!
Letter From the GS Enviroservices President and CEO
http://finance.yahoo.com/news/letter-gs-enviroservices-president-ceo-172504054.html
GS Enviroservices Continues to Step Up to the Plate
SAN DIEGO, CA, Apr 17, 2013 (Marketwired via COMTEX) -- GS Enviroservices Inc. (OTCQB: GSEN) Our purpose is to develop innovative technology and help to educate the public about green energy and sustainability. Over the last several years we have engaged with technology leaders on the cutting edge and recently have launched San Diego Loves Green (www.sandiegolovesgreen.com) to become a leader in green media.
"Our plan is to acquire environmental technology and to partner with other companies while raising awareness of industry news and local companies," stated Tad Simmons, President and CEO. Green Energy is an umbrella term used to describe any sort of energy that is that is produced with less negative impact on the environment than 'non-green' energy sources such as fossil fuels. Nearly everything we do has to do with Green Energy. Sustainability depends on the delivery of these new renewable Green Energy technologies.
GS Enviroservices is a fully reporting publicly traded company.
Safe Harbor Statement: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
For more information please visit our web site or follow us on twitter.
www.gsenvirotech.com
https://twitter.com/sdlovesgreen
https://www.facebook.com/sdlovesgreen
https://twitter.com/neoplanet
GS Enviroservices
Email Contact
677 7th Avenue
San Diego, CA 92101
888-834-8678
SOURCE: GS Enviroservices, Inc.
Think they have new management..not sure if that is good or bad
Who the hell is still on bid - this thing is a pos
one of these days this will move again it always does for some reason jump up and the company always tells everyone dont no way yet it was pumped in penny stock news letters every time lol
I don't think so - but I hope your right and I'm wrong - this was one of my first picks and I regret it but I learned a lot from this pig .. GLTY
Lets start a rally around gsen. They are goldman sachs don't ya know!
Fingers crossed - just got up what did you hear ? GLTY
GSEN for sale
Check out share structure.
http://www.mergernetwork.com/buy-businesses-for-sale/public-shell-companies/united-states/267393.htm
OTC BB Clean Corporate Profile – GS EnviroServices, Inc.
File # of Corporation: 20-8563731
State of Incorporation: Delaware
Date of Incorporation: 03/01/2007
DTC Listed
Number of Shares Authorized: 10,000,000,000
Par Value of Stock: $.0001
Number of Shares Outstanding: 7,605,054
Number of Restricted Shares: N/A
Number of Free Trading Shares: 7,605,054
Number of Restricted Shares Deliverable: Up to 100,000,000 authorized shares
Free Trading Shares Deliverable: More than 51% of authorized
Kind of Public Offering: None
Market Makers:
Is the stock currently trading : $0.01
Stock Listed OTCQB
Does company file reports with SEC under Sections 12(g), 13 or 15(d):
Yes
Are all regulatory filings current: Yes
What are its assets: $0
What are its liabilities: $652,420, mostly to related parties; removable at time of qualified transaction
Current Financials: Pre-revenue, development stage
Number of Shareholders of Record: 93
Is corporation in good standing: Yes
Current in state and federal tax filings: Yes
Is there any present or pending litigation: Yes
Does the corporation have any other problems:
Is the Company a Shell? No, opinion will be provided due to limited nature of development operations
Transfer Agent: American Registrar & Transfer Co.
November 22, 2011 20:20:00 UTC
GS EnviroServices, Inc. (OTCQB: GSEN) today announced that it is aware of no basis for the recent increase in the trading volume of the Company’s common stock.
No material transactions or other corporate actions have occurred or are pending. No transactions involving the Company’s stock have been completed by any officer, director or employee of the Company. No new shares of Company common stock have been issued by the Company in over a year. The Company is neither aware of nor has engaged in any promotional activity. The Company is current with its filing requirements and is in full compliance with applicable regulations.
http://pics.newsware.com/gc.asp?nm=189056&dt=12014&ky=01IUwmULfr78A
WOW
was this a manipulated little pump job,a thing of beauty.might have to start paying more attention to stock psycho.
pull up the chart on the 5 or 15 min scale, it went up to .43, todays high is .25.
You sold at .30 huh?
Why is the 52 week high .25 then?
I just jumped in this thread. Am I missing something or taking you out of context?
I tried like mad to get in under .25 before 9:40am, and failed. What a joke this run up was. Contrats on your 50%.
GSEN was the winner today at Penny Stock Rumble
end of day email came in http://www.pennystockrumble.com/penny-stocks/?p=1752
Ask and ye shall receive-----here's the pump link
http://pennystockalerts.com/flying-stock-pick/
I got an e-mail from Stock Psycho last night with a follow-up this morning at 8:30. Definately a pump.
Well show me where it is being pumped. Not a thing out there on a google search. They were to finish the trial on a waste management site this month. Volume is way higher than ever before.
Got in at .20 and sold at .30---there all pump and dumps, some just dump quicker than others.
http://www.pumpsanddumps.com/
someone pumping this
no assets $700K liabilties
0 revs
MK
Looked for news but found nothing. Was insider buying and no selling.
Bought tons of shares at $0.03-0.04, Never thought it would go to $0.30 in a hour. Amazing!
WAKE_UP EVERYBODY !!! Something might happen ???? GOOD or BAD THAT IS THE QUESTION !!!!
Im kinda hoping it stays active/ great profit potential here
guess they will be dumping debt here. What a joke. IMO
GS ENVIROSERVICES, INC.
One Penn Plaza, Suite 1612
New York, NY 10119
INFORMATION STATEMENT
To the Holders of Our Voting Stock:
The purpose of this Information Statement is to notify you that the holders of shares representing a majority of the voting power of GS EnviroServices, Inc. have given their written consent to a resolution adopted by the Board of Directors of GS EnviroServices to amend the certificate of incorporation of GS EnviroServices so as to increase the authorized common stock from 100,000 shares, $.001 par value, to 10,000,000,000 shares, $.0001 par value, and to increase the authorized preferred stock from 1,000,000 shares, $.001 par value, to $5,000,000 shares, $.001 par value. We anticipate that this Information Statement will be mailed on May __, 2010 to shareholders of record. On or after June __, 2010, the amendment to the Certificate of Incorporation will be filed with the Delaware Secretary of State and become effective.
Delaware corporation law permits holders of a majority of the voting power to take shareholder action by written consent. Accordingly, GS EnviroServices will not hold a meeting of its shareholders to consider or vote upon the proposed amendment to GS EnviroServices’ certificate of incorporation.
WE ARE NOT ASKING YOU FOR A PROXY.
YOU ARE REQUESTED NOT TO SEND US A PROXY.
May __, 2010 Kevin Kreisler, Chief Executive Officer
VOTING SECURITIES AND PRINCIPAL SHAREHOLDERS
We determined the shareholders of record for purposes of this shareholder action at the close of business on April 21, 2010 (the “Record Date”). At that date, there were issued and outstanding 15,573,594 shares of GS EnviroServices’ common stock, each of which entitles the holder thereof to one vote. There are no other classes of voting stock authorized.
The following table sets forth the number of shares of common stock owned by each person who, as of the Record Date, owned beneficially more than 5% of the outstanding common stock, as well as the ownership of such shares by each member of GS EnviroServices’ Board of Directors and the shares beneficially owned by its officers and directors as a group.
Name and Address
of Beneficial Owner Amount and Nature of
Beneficial Ownership (1) Percentage
of Class
Kevin Kreisler
One Penn Plaza, Suite 1612
New York, NY 10119 7,968,540 (2) 51.2%
All officers and directors as
a group (1 person) 7,968,540 (2) 51.2%
______________________________
(1) Ownership is of record and beneficial unless otherwise noted.
(2) Mr. Kreisler’s ownership of these shares is subject to the terms of the Exchange Agreement between the Company and James Green, described below.
AMENDMENT OF THE CERTIFICATE OF INCORPORATION
TO INCREASE THE AUTHORIZED COMMON STOCK AND THE AUTHORIZED
BLANK CHECK PREFERRED STOCK
On April 21, 2010, GS EnviroServices’ Board of Directors approved an amendment to GS EnviroServices’ Certificate of Incorporation to increase the authorized capital stock to include 10 billion shares of common stock, par value $.0001 per share, and 5 million shares of preferred stock, par value $.001 per share. The preferred shares will be “blank check” shares, meaning that the Board of Directors will have the authority to determine the rights, preferences and limitations associated with the shares, without having to seek a vote of shareholders. April 21, 2010, the holder of a majority of the voting power of the outstanding voting stock gave his written consent to the amendment. The amendment will be filed and become effective approximately twenty days after this Information Statement is mailed to the shareholders.
The Board of Directors and the majority shareholder have approved the increase in authorized common stock and authorized preferred stock and the reduction in the par value of the common stock in order to provide GS EnviroServices with flexibility in pursuing its long-term business objectives. The primary reasons for the increase are:
§ Management expects that in the future it will pursue opportunities to obtain the capital that GS EnviroServices needs in order to fully implement its business plan. A reserve of both common and preferred shares available for issuance from time-to-time will enable GS EnviroServices to entertain a broad variety of financing proposals.
§ Management may utilize the additional shares in connection with corporate acquisitions, joint venture arrangements, or for other corporate purposes, including the solicitation and compensation of key personnel.
Management has not entered into any commitment to issue any shares except pursuant to the Exchange Agreement and the Employment Agreement described below. Moreover, Management has no plans at this time that will involve the issuance of additional shares, other than a general plan to pursue additional financing. Management is not, however, currently carrying one discussions regarding the terms of any specific financing with any potential investor.
Existing Commitments to Issue Shares
The Company has two existing obligations to issue shares of capital stock:
1. Exchange Agreement . On June 2009 James Green, who was then CEO and sole director of the Company agreed to transfer 7,968,540 common shares for 1,000,000 shares of Series A Preferred Stock and a Convertible Debenture in the principal amount of $240,000. The terms of those securities are:
· The principal amount of the Convertible Debenture is currently $196,000. The principal was payable with 12% per annum interest in monthly payments commencing in October 2009 and ending on February 26, 2010, all of which payments are now in default. Interest is payable in cash or in shares of the Company’s common stock, at the Company’s option. The holder may convert the principal amount and accrued interest into the Company’s common stock at a conversion price equal to 90% of the lowest closing market price during the 20 trading days preceding conversion, but may not convert into shares that would cause the holder to own more than 4.99% of the outstanding shares of the Company.
· The Series A Preferred Stock will have voting rights equal to 51% of the total voting rights of all shareholders of the Company. The Series A Preferred Stock will not accrue dividends. Upon a liquidation of the Company, the holders of the Series A Preferred Stock will be entitled to receive $.01 per share before any payment is made to the holders of common stock. The Series A Preferred Stock will not be convertible into common stock.
The exchange of the common stock for the Series A Preferred Stock has not yet been completed, as the Board of Directors has not yet filed with the Delaware Secretary of State the designation of the Series A Preferred Stock. The 7,968,540 common shares remain outstanding, therefore, although they are non-transferable until the Convertible Debenture is paid in full.
Immediately after executing the Exchange Agreement, James Green assigned to Kevin Kreisler all of his rights in the 7,968,540 common shares, including the right to exchange same for 1,000,000 shares of Series A Preferred Stock. Kevin Kreisler is now the CEO and sole director of the Company.
2. Employment Agreement . On June 3, 2009, the Company entered into an employment agreement with Mr. Kreisler which called for a salary of $1.00 during 2009, $50,000 plus 194,118 Series A Preferred Shares during 2010 and, provided that the Company has achieved positive cash flow, a salary of $150,000 during 2011 and thereafter. The Series A Preferred Shares issuable to Mr. Kreisler under the employment agreement were fully vested and due as of January 1, 2010.
Effect of Increase in Authorized Shares
There are currently 100,000,000 shares of common stock and 1,000,000 shares of blank check preferred stock authorized. 15,573,594 shares of common stock are outstanding (including the 7,968,540 shares that will be exchanged for Series A Preferred Stock), and no shares of preferred stock are outstanding.
The amendment of the Certificate of Incorporation will increase the number of common shares available for issuance by the Board of Directors from 84,426,406, $.001 par value, to 9,984,426,406, $.0001 par value. The Board of Directors will be authorized to issue the additional common shares without having to obtain the approval of GS EnviroServices’ shareholders. Delaware law requires that the Board use its reasonable business judgment to assure that GS EnviroServices obtains “fair value” when it issues shares. Nevertheless, the issuance of the additional shares could have the following adverse effects on GS EnviroServices’ shareholders:
Ø The issuance of the additional shares would dilute the proportionate interest of current shareholders in the equity and voting power in GS EnviroServices.
Ø The issuance of the additional shares could also result in the dilution of the value of shares now outstanding, if the terms on which the shares were issued were less favorable than the current market value of GS EnviroServices common stock.
Ø The reduction in the par value of the common stock means that the Board will be authorized to issue common stock for as little as $.0001 per share, and that possibility may have a negative effect on the market price for the common stock.
The amendment of the Certificate of Incorporation will increase the number of preferred shares available for issuance by the Board of Directors from 1,000,000 to 5,000,000. The Board will have the authority to provide for the issuance of the Preferred Stock in one or more series, and to establish the number of shares in each series and the designation, relative rights, preferences and limitations of the shares in each series. Delaware law requires that the Board use its reasonable business judgment in determining the rights and preferences of the Preferred Stock, as well as the consideration the Company will receive in exchange for the Preferred Stock. Nevertheless, preferred stock typically has rights and preferences greater than those associated with common stock. Therefore, the issuance of the Preferred Stock by GS EnviroServices could be disadvantageous to holders of our common stock in one or more of the following ways:
§ The issuance of Preferred Stock could diminish the value of common shares now outstanding, if the rights and preferences associated with the Preferred Stock exceeded those associated with GS EnviroServices’ common stock.
§ The issuance of Preferred Stock that was convertible into common stock could result in the dilution of the value of shares now outstanding, if the conversion price were less than the current market price of our common stock.
§ The issuance of Preferred Stock with preferential voting rights could diminish the voting power of the holders of the common stock.
The amendment of the Certificate of Incorporation is not being done for the purpose of impeding any takeover attempt, and Management is not aware of any person who is acquiring or plans to acquire control of GS EnviroServices. Nevertheless, the power of the Board of Directors to provide for the issuance of shares, including preferred shares having rights and preferences to be determined by the Board, without shareholder approval has potential utility as a device to discourage or impede a takeover of GS EnviroServices. In the event that a non-negotiated takeover were attempted, the private placement of common stock or preferred stock into "friendly" hands, or the issuance of preferred stock upon terms very favorable to the preferred shareholder, for example, could make GS EnviroServices unattractive to the party seeking control of GS EnviroServices. This would have a detrimental effect on the interests of any stockholder who wanted to tender his or her shares to the party seeking control or who would favor a change in control.
No Dissenters Rights
Under Delaware law, shareholders are not entitled to dissenters’ rights with respect to the amendment of the Certificate of Incorporation to increase the authorized capital stock.
We should see 8k if deal was done on Feb 26. Last payment and I wonder what share structure will be after kk has all. IMO
3 in one day????
10-Q/A Documents [Amend]Quarterly report [Sections 13 or 15(d)]
Acc-no: 0001269127-09-000160 (34 Act) Size: 51 KB 2009-12-16 000-33513
091244334
10-Q/A Documents [Amend]Quarterly report [Sections 13 or 15(d)]
Acc-no: 0001269127-09-000158 (34 Act) Size: 52 KB 2009-12-16 000-33513
091244302
10-Q/A Documents [Amend]Quarterly report [Sections 13 or 15(d)]
Acc-no: 0001269127-09-000156 (34 Act) Size: 44 KB 2009-12-16 000-33513
091244286
http://www.sec.gov./cgi-bin/browse-edgar?action=getcompany&CIK=0001163966&owner=include&count=40
Guess Ya Will be here soon, Again! IMO Our development activities and operations during the quarter ended September 30,
2009 primarily involved evaluation of a number of different technologies
designed to facilitate the production of renewable energy. The Company's plan
for the balance of 2009 is to acquire additional senior management, to complete
at least one strategic acquisition, and to obtain equity financing sufficient to
capitalize these efforts.
http://www.sec.gov./Archives/edgar/data/1163966/000126912709000140/gsenq309.txt
Here is weird part of filing.
GS EnviroServices is holding the Exchange Shares in escrow. The Exchange Shares
will not be cancelled until the Series A Preferred Stock is issued.
On June 3, 2009 James Green transferred to Viridis Capital, LLC his beneficial
interest in the Exchange Shares, including his right to receive the Series A
Preferred Stock in exchange for the Exchange Shares. Kevin Kreisler, the newly
appointed CEO of GS EnviroServices, is the sole member of Viridis Capital, LLC.
Will this become agrifuels? Coes agreement? Who knows???
Where is KK taking this. Hope he does not dump ya debt here. Guy seems to love whacking commons! IMO
We shall see what dec. brings.
Our development activities and operations during the quarter ended September 30,
2009 primarily involved evaluation of a number of different technologies
designed to facilitate the production of renewable energy. The Company's plan
for the balance of 2009 is to acquire additional senior management, to complete
at least one strategic acquisition, and to obtain equity financing sufficient to
capitalize these efforts.
Where is kk going to get the money! Could not pay farmers but always seems to have money.
The remaining principal is payable with 12% per annum interest in
monthly payments of $38,561.58 commencing in October 2009, with the final
payment due on February 26, 2010.
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_____________________________________________________________________________________________________________________________________________________________
Lets see what they do with the shell.
______________________________________________________________________________________________________________________________________________________________
Change in Management
Effective on June 3, 2009, James Green resigned from his position as Chief
Executive Officer and sole member of the Registrant's Board of Directors.
Effective on the same date, Doris Christiani resigned from her position as the
Registrant's Chief Financial Officer. At the same time, the Board of Directors
elected Kevin Kreisler to serve as sole member of the Board of Directors and as
Chief Executive Officer and Chief Financial Officer. Information regarding Mr.
Kreisler follows:
Kevin Kreisler has been employed as chief executive officer of GreenShift
Corporation (OTCBB: GERS) since 2002 as well as other managerial positions
since 1998. Mr. Kreisler is Chairman of EcoSystem Corporation (OTCBB: ESYM)
and Chairman of Carbonics Capital Corporation (OTCBB: CICS). Mr. Kreisler
was employed as Chairman and Chief Financial Officer of GS EnviroServices,
Inc. from May 2005 until January 2008. Mr. Kreisler is a graduate of
Rutgers University College of Engineering (B.S., Civil and Environmental
Engineering, 1994), Rutgers University Graduate School of Management
(M.B.A., 1995), and Rutgers University School of Law (J.D., 1997). Mr.
Kreisler is admitted to practice law in New Jersey and the United States
District Court for the District of New Jersey.
Exchange Agreement
Pursuant to an Exchange Agreement dated June 3, 2009 James Green delivered to
the Registrant 7,000,000 shares of the Registrant's common stock (the "Exchange
Shares"). In exchange for the Exchange Shares, the Registrant issued to Mr.
Green a Convertible Debenture and agreed to issue one million shares of Series A
Preferred Stock, when authorized.
The Convertible Debenture is in the principal amount of $240,000, although
payment of $24,000 against that principal obligation was made by the Registrant
immediately. The remaining principal is payable with 12% per annum interest in
monthly payments of $38,561.58 commencing in October 2009, with the final
payment due on February 26, 2010. Interest is payable in cash or in shares of
the Registrant's common stock, at the Registrant's option. The holder may
convert the principal amount and accrued interest into common stock of the
Registrant at a conversion price equal to 90% of the lowest closing market price
during the 20 trading days preceding conversion, but may not convert into shares
that would cause it to own more than 4.99% of the outstanding shares of the
Registrant.
In the Exchange Agreement, the Registrant undertook to amend its Certificate of
Incorporation to authorize the Series A Preferred Stock. The Series A Preferred
Stock, when authorized and issued, will provide the holder with the right to
cast votes at meetings of the shareholders or by written consent equal to 51% of
the voting power of the outstanding shares.
The Registrant is holding the Exchange Shares in escrow. The Exchange Shares
will not be cancelled until the Series A Preferred Stock is issued.
Transfer of Control
On June 3, 2009 James Green transferred to Viridis Capital, LLC his beneficial
interest in the Exchange Shares, including his right to receive the Series A
Preferred Stock in exchange for the Exchange Shares. Kevin Kreisler, the newly
appointed CEO of the Registrant, is the sole member of Viridis Capital, LLC.
<PAGE>
http://www.sec.gov./Archives/edgar/data/1163966/000126912709000062/gsen8k77-09.txt
______________________________________________________________________________________________________________________________________________________________________
[chart]stockcharts.com/c-sc/sc?s=GSEN&p=D&b=5&g=0&i=p66659686558&r=7817[/chart]
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