08.01.2012

Global Environmental Energy Corp., is today advising shareholders and investors that it is reviewing its Biosphere Process™ System manufacturing and operating license arrangements with Thai companies World Green Energy and its successor Bangkok World Green Energy.

This review has been precipitated by the Thai parties repeated breaches of contract terms and conditions, breaches of confidentiality clauses, failure to meet financial compliance requirements, and failure to pass financial and commercial due diligence.

In addition to repeatedly releasing information identified to Bangkok World Green Energy by GEECF as privileged insider information, Bangkok World Green Energy has on 30th July 2012 failed to confirm to GEECF the identity of its Directors and has in addition failed to confirm to GEECF its current Shareholders List.

Since July 25th 2012 GEECF has been repeatedly advised by the Chairman of Bangkok World Green Energy that management in Thailand was and is working correct the website at http://www.bwgenergy.com/ as of the date of this statement the web site remains uncorrected.

Accordingly GEECF cannot at this time assure shareholders or investors that compliance standards will be met.

GEECF is not a participant in, does not endorse and cannot verify claims reportedly being made to potential investors in Bangkok World Green Energy by the Thai parties or their representatives.

GEECF exercises no control over Bangkok World Green Energy and has no input into or responsibility for statements made by Bangkok World Green Energy, its Chairman, Officers, Directors, Consultants, and Employees or authorized representatives.  

This statement contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.

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