General Environmental Management, Inc. (OTCPK:GEVI) entered into an agreement to acquire Strategic Asset Holdings, LLC for $0.05 million on May 10, 2021. Under the term, General Environmental Management, Inc. will pay the consideration in 7.5% Convertible Promissory Note. Post completion, Strategic Asset Holdings, LLC operates as a wholly owned subsidiary of General Environmental Management, Inc. General Environmental Management, Inc. (OTCPK:GEVI) completed the acquisition of Strategic Asset Holdings, LLC on May 10, 2021.