SOURCE: Global Equity International, Inc.

December 10, 2013 06:32 ET

Scandinavian AgriTex Co. to Go Public on the NASDAQ Dubai

GEQU to Assist With the Public Listing

RENO, NV--(Marketwired - Dec 10, 2013) -  Global Equity International, Inc. (OTCQB: GEQU), a specialist consultancy firm with offices located in Dubai and London, is pleased to announce that today the Company has agreed terms and calculated a strategy with Scandinavian Agritex Co. ("SAC"), to become a public company on the NASDAQ Dubai and for its fully owned subsidiary, Global Equity Partners Plc. ("GEP") to assist with the structure, development and formation in the United Arab Emirates where SAC plans to have their corporate head office and sales and marketing based.

SAC is a green "Agriculture Technology and Textile" company whose business is situated in Sri Lanka whose main purpose to develop and rapidly expand the organic cotton industry in the country. SAC was founded by textile professionals, fashion brand owners, and finance people with significant international management experience. SAC has an extensive management team comprised of highly skilled and competent agronomists, farmers and textile professionals.

The long term objective of SAC is to operate the entire textile value chain, including cultivation of cotton, ginning, spinning, weaving, garment manufacture, fashion and retail, with the objective of retaining control and generating significant margins on each step of the chain. Furthermore, SAC intends to produce organic cotton fabrics to be used in the sustainable clothing lines of well-known fashion brands and retailers.

Peter Smith, CEO of GEP, said, "SAC has well researched its market and is tapping into a real growth niche; the management team is a seasoned and strong, giving us tremendous confidence in their ability to execute their aggressive business plan.

"We enjoy working with high growth professional, positive companies, and SAC fits into that model perfectly and will become a long term client and associate of GEP."

About Global Equity International Inc. & Global Equity Partners Plc.

With offices located in Dubai and London, 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 significant relationships in USA, UK, Central Europe, the Middle East and South East Asia, we assist our clients with finding their true potential by bringing to them external capital and resources that place an emphasis on collaborative thinking. With a physical presence in DUBAI, we introduce our clients to the unique opportunity of becoming listed on the NASDAQ Dubai Exchange. The NASDAQ Dubai offers exciting opportunities for newly listed companies with exposure to a large reservoir of registered funding agents and wealthy individuals looking to enhance their portfolios with the very best companies Global Equity Partners Plc. has to offer.

SAFE HARBOR

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 not 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.

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