SOURCE: Global Equity International Inc.

Global Equity International Inc.

March 21, 2016 10:15 ET

Global Equity International Inc. an OTCQB Company Growing in the Right Direction

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Mar 21, 2016) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiary Global Equity Partners Plc. ("GEP", a specialist consultancy firm with offices located in Dubai and London (and a presence in Frankfurt, Germany), filed SEC form 8-k on March 18, 2016. The comprehensive letter provides shareholders with a full update of the Company's activities in 2015 and an outline of activities that will be to strategically grow the Company for the long term. 

Highlights Include:

  • Fifteen (15) clients under contract that we, management, deemed to be active and are either seeking a listing on a recognized stock exchange or seeking funding for acquisition and growth.

  • The development of "The Introducer Network" to advance interest in all our services in the Middle East, South East Asia, Europe and the U.S. 

  • Planned expansion in Dubai and South East Asia. 

  • Planned opening of an office is the United States

  • Expanding Global Equity International's Merger and Acquisition Activities worldwide

  • Embark on an international series of business "Road Shows.

  • Review and expand all business offering for current and future clients. 

  • As of December 31, 2015, the Company increased its investments to $2,650,471; this represented an increase of 882% compared to the Company's balance sheet at December 31, 2014. 

  • The Company had revenues amounting to $3,313,356 and $515,000, for the years ended December 31, 2015 and 2014, respectively. This represents an increase of $2,798,356 or an increase of more than 5 times (543%).

  • The Company had a net income or profit from operations of $1,443,142 during the year ended December 31, 2015 as opposed to the $(876,743) loss from operations of during the year ended December 31, 2014. This represents an increase in operating income of 265%.

  • The net income for the year ended December 31, 2015 was $247,434 as opposed to the net loss of $(2,222,129) for the year ended December 31, 2014. This represents a $2,469,563 increase when comparing both year ends.

  • The Company had positive Shareholders Equity at December 31, 2015.

Peter Smith, CEO of Global Equity International Inc., stated, "The 2015 financial statements have justified the hard work and effort we put into the year ended December 31, 2015. The cleanup and expansion we endured last year has laid firm foundations for the coming months and years ahead. We anticipated Q1 of 2016 being the start of the execution process, and that process is firmly under way with a number of our clients old and new; however, at times we have to face and deal with delays and issues beyond our control that have pushed those transactions into Q2 of 2016. There is a wave of excitement running through our Company right now, as we start to witness companies we have been working with for a long time, some for a number of years, finally starting to blossom into the business they always wanted to become. As shareholders in each and every company we work with their success becoming our success and this next quarter will probably be the most exciting quarter to date for our wonderful Company with a number of transactions hitting the home straight."

About Global Equity International Inc.

Global Equity International Inc., through its wholly-owned subsidiary Global Equity Partners Plc., advises worldwide business leaders with their most critical decisions and opportunities pertaining to growth, capital needs, structure and the development of a global presence. With offices in Dubai and London, Global Equity has developed significant relationships in the US, UK, Central Europe, the Middle East and South East Asia to assist clients in realizing their full value and potential by bringing them to external capital and resources that place an emphasis on collaborative thinking. Furthermore, because Global Equity has offices in key financial centres of the world, they are able to introduce their clients to a unique opportunity of listing their shares on any one of the many stock exchanges worldwide. Global Equity Partners holds significant long-term equity positions in the companies that it represents.

Safe Harbour Statement

This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements.

Contact Information

  • Contact details:
    Mr. Enzo Taddei
    Director and officer of Global Equity International Inc.
    Tel. US + 1 (321) 200-0142
    Europe + (34) 671642835

    Mr. Peter James Smith
    Director and officer of Global Equity International Inc.
    Tel. (Dubai) + 971 (0) 42 76 75 76

    Mr. Patrick V. Dolan
    Managing Director of Global Equity International Inc.
    Tel. + 44 7917 383762

    IR/PR - PCG Advisory Group (New York)
    Mr. Kirin Smith
    Chief Operating Officer
    PCG Advisory Group
    Tel. 646 863 6519

    Mr. Sean Leous
    Managing Director, Public Relations
    PCG Advisory Group
    Tel. 646 863 8998