FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CVC CALIFORNIA LLC
2. Issuer Name and Ticker or Trading Symbol

GENERAL ENVIRONMENTAL MANAGEMENT, INC [ GEVI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

525 OKEECHOBEE BOULEVARD, SUITE 1050
3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2010
(Street)

WEST PALM BEACH, FL 33401
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/26/2010     J (1)    3750000   A   (1) 4350000   D   (2) (3)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Note   $0.60   2/26/2010     J   (1)       2166666    9/4/2008   8/31/2014   Common Stock   2700000     (1) 0   D   (2) (3)  
Warrant   $0.01   2/26/2010     J   (1)       2700000    9/4/2008   8/31/2014   Common Stock   2700000     (1) 0   D   (2) (3)  

Explanation of Responses:
( 1)  On February 26, 2010, the Issuer sold certain business assets, and a majority of the proceeds of such sale were used to repay the Convertible Note held by CVC California, LLC (the "Reporting Person"). At the same time, the Reporting Person exercised its right to require the Issuer to repurchase its outstanding Warrant for an aggregate purchase price of $2,000,000, of which $500,000 was paid in cash out of the proceeds of the asset sale, and the remaining amount was paid to the Reporting Person through the issuance of 3,750,000 shares of common stock of the Issuer.
( 2)  As of the date hereof, the Reporting Person, directly beneficially owns the securities identified herein. ComVest Capital, LLC ("Capital") indirectly beneficially owns the securities listed herein by virtue of the fact that Capital is the sole member and the managing member of the Reporting Person. ComVest Capital Management LLC ("Management") indirectly beneficially owns the securities listed herein by virtue of the fact that Management is the managing member of Capital. Michael S. Falk and Robert Priddy indirectly beneficially owns the securities listed herein by virtue of the fact that Mr. Falk and Mr. Priddy are the managing members of Management.
( 3)  However, Mr. Falk and Mr. Priddy disclaim any beneficial ownership of such securities, and the filing of this Form 4 shall not be deemed an admission that Mr. Falk or Mr. Priddy are, for purposes of Section 16 of the Securities Exchange Act or otherwise, the beneficial owners of any securities covered by this Form 4.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CVC CALIFORNIA LLC
525 OKEECHOBEE BOULEVARD, SUITE 1050
WEST PALM BEACH, FL 33401

X

ComVest Capital, LLC
525 OKEECHOBEE BOULEVARD, SUITE 1050
WEST PALM BEACH, FL 33401

X

COMVEST CAPITAL MANAGEMENT LLC
525 OKEECHOBEE BOULEVARD, SUITE 1050
WEST PALM BEACH, FL 33401

X

FALK MICHAEL
525 OKEECHOBEE BOULEVARD, SUITE 1050
WEST PALM BEACH,, FL 33401

X

PRIDDY ROBERT L
525 OKEECHOBEE BOULEVARD, SUITE 1050
WEST PALM BEACH,, FL 33401

X


Signatures
/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez Chief Financial Officer 5/26/2010
** Signature of Reporting Person Date

/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez Chief Financial Officer 5/26/2010
** Signature of Reporting Person Date

/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez Chief Financial Officer 5/26/2010
** Signature of Reporting Person Date

/s/ Michael S. Falk Michael S. Falk, Individually 5/26/2010
** Signature of Reporting Person Date

/s/ Robert Priddy Robert Priddy, Individually 5/26/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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