Detail akcie Global Enviromnt online

Business Summary: Global Environmental Energy Corp. is involved in the commercialization of the Biosphere Process System. The Company 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.
Financial Summary: BRIEF: For the fiscal year ended 31 May 2009, Global Environmental Energy Corp revenues was not reported. Net loss increased 35% to $25.5M. Higher net loss reflects Consulting fees increase of 44% to $19.8M (expense), Stock based compensation increase of 31% to $3.5M (expense), Interest expense increase of 30% to $1.9M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.16 to -$0.20.