Green Energy Management Merges with CDSS Wind Down
Dallas-based Green Energy Management Services completed a reverse merger with Dallas-based CDSS Wind Down. GEM will become a wholly owned subsidiary and sole operating entity of CDSS, now Green Energy Management Services Holdings.
As a result of the merger, former shareholders of GEM were issued shares of CDSS’ common stock in exchange for shares of GEM and own approximately 80% of the public company, with CDSS’ shareholders owning the balance. GEM CEO Michael Samuel was appointed as chairman, president, CEO and director of CDSS; GEM CFO Robert Weinstein is the CDSS CFO; William D’Angelo, a director of GEM, was appointed as a CDSS director.