GEQU - Global Equity International Inc

Discussion in 'Penny Stocks' started by Money123, Aug 18, 2017.

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  1. Money123

    Money123 Active Member

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    An Initial US$2,600,000 Of Funding Already Sourced and Terms Agreed To Acquire Two Advisory Firms with Circa US$90,000,000 of Funds under Management
    12:50 pm ET June 5, 2017 (Market Wire) Print

    DUBAI, UNITED ARAB EMIRATES--(Marketwired - Jun 5, 2017) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned foreign subsidiaries, a specialist consultancy firm with offices located in Dubai and London, announced on May 9, 2017 that the Company had been approved as a permissible investment by a UK based Institution and as a result, would be allocated a minimum of Two Million Great Britain Pounds (approximately US$2.6 Million) of financing to acquire various financial advisory firms with funds under management in the United Kingdom and Asia. The Company also announced that the funding sourced would be allocated to Global Equity International Inc. in two tranches of approximately US$1.3 Million each and such funding would enable the Company to commence acquiring the targeted advisory firms, over the summer months. Finally, the Company announced that additional capital was being secured to invest on a "deal by deal" basis thereafter.
    On June 2, 2017, the Company announced that it had formally agreed and signed terms to acquire two financial advisory firms with an aggregate US$90 Million under of funds under management, US$39 Million of which are "discretionary funds." The Company announced that the two advisory firms, one based on mainland United Kingdom and the other in the Isle of Man, have been in operation for years, are cash flow positive and profitable. It is management's intent to go to contract and close these two initial acquisitions as soon as the required comprehensive due diligence has been completed.

    Peter Smith, CEO of Global Equity International Inc., is currently in Asia negotiating the terms of acquisition of an advisory firm with circa US$110 Million under of funds under management. This fully regulated Asian advisory firm is managementĀ“s intended acquisition number "3" with acquisition number "4" being another UK regulated advisory firm with approximately US$115 Million of funds under management.

    Management has firmly decided to grow the Company by acquisition via this short to mid-term "Inorganic Growth Plan."

    About Global Equity International Inc. and Subsidiaries.

    Global Equity International Inc., through its wholly-owned foreign subsidiaries, 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.


    Peter Smith, CEO of Global Equity International Inc., said: "We have been working on the entire structure of acquiring a series of advisory firms with funds under management, as is public knowledge, for almost a year now and so far have explored over 25 opportunities with approximately half of them still currently ongoing. We are delighted to be finally making these first two acquisitions not only bringing in a collective US$90 million or so, but we also will have around US$39 Million of discretionary funds that can enhance the profile of our business and our potential funding capabilities of our clients. These acquisitions also bring distribution to the GEQU table allowing us a much wider market for potentially funding our clients and further growth by acquisition. We do not foresee any problems with the due diligence process as we have already had a good insight into both companies financials, etc. We feel that these acquisitions are a very good start and we will see the next acquisitions, one in the UK and another in Asia, following in close succession after this Summer. Our funder is fully aware of the targeted acquisitions and is extremely supportive of the initiative we are running. There are not many companies in our line of business that also have funds under management, let alone 'discretionary' funds under management. This is only stage one of a comprehensively well thought out acquisition plan that will stretch through 2017 and into 2018 with the long term target of acquiring, up to but not limited to, US$1.5 Billion of funds under management still very much in the firing line. I can firmly state with my hand on my heart that these are extremely exciting times for our Company and its shareholders."

    https://www.thenational.ae/business/self-made-british-stockbroker-who-now-helps-uae-smes-1.114514
    http://www.globalequityinternational.com/
     
    #1 Money123, Aug 18, 2017
    Last edited: Aug 18, 2017
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  2. Money123

    Money123 Active Member

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    Real company 10Q 10Ks legit insider buys. Expanding offices & acquisitions in shareholders interest. Undervalued EPS, Share price & accumulation. CEO Peter Smith is a self-made British stockbroker who now helps UAE SMEs. At 18 Mr. Smith became one of the youngest registered stockbrokers in the UK. He soon became an options trader generating $200 million in trades a month. At 25 Mr. Smith set up the international financial services business Belgravia. It made its debut on the NASDAQ Junior Boards with a market capitalisation of $40m, and by 2006 had 23 worldwide offices and $2.2 billion under management. After a brief retirement in Spain Mr. Smith launched Global Equity Partners, with operations in Dubai, the United States and London, and moved to Dubai in 2010.

    He has a reputation to keep & will excel shareholders. Many large players in Dubai are helping generate profitable acquisitions. Hes it in for a booming consulting firm not the money at this point. I'm looking at above .02 in a few months hold long swing.
     
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  3. Pokerpro05

    Pokerpro05 New Member

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    Hi Money123, I'm Pokerpro05 on the Ihub board. I just signed up here and see you haven't been here that long yourself. So can we talk freely on this forum unlike Ihub or is this owned by ihub and we will get shut down everytime we tell the trolls to shove off?
    I believe GEQU will be releasing a HUGE catalyst real soon that we all have been waiting on and after that many will wish they loaded right now. Have a great day. Pokerpro05

    Go GEQU!!! WINNING!!!

    Pokerpro
     
  4. Money123

    Money123 Active Member

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    Rock & Roll next week. Alot of customers who have been consulted holding from 2015. Acquisition that are profit driven will be closed into great future news.
     
  5. Money123

    Money123 Active Member

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    Chart Updated:
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