Global Equity International Inc (OTCBB:GEQU) is one penny stock that has got a lot of Investors attention rising out of triple zero land to highs of $0.05 a share.
Everyone Is Talking About Global Equity International Inc (OTCBB:GEQU) 0 BY JUSTIN KINNEY ON NOVEMBER 23, 2015[/quote{
GEQU knows how to market itself and has been highly successful in attracting a massive shareholder base who continue to keep this one among the volume leaders on the bb’s.
Global Equity International Inc (OTCBB:GEQU) is a specialist consultancy firm with offices located in Dubai and London. Through its wholly-owned subsidiary Global Equity Partners Plc., the Company 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.
It is easy to get excited about GEQU, the Company is run by a real go getter; 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.
Recently Mr. Smith has been busy cleaning up the balance sheet, settling any convertible debt and uplisting to fully reporting on the OTCBB on September 25. According to the Company as of September 25 there were 771,523,183 outstanding shares of which management own 569,324,468 restricted leaving a float of just 202,198,715.
GEQU has also been very successful in attracting important people to its BOD including his Highness Sheikh Rashed bin Ahmed bin Maktoum Al Maktoum and Ex CFO of AT&T Mr. Charles Taylor.
Back in July GEQU announced that ATC Enterprises DMCC, who signed a consultancy agreement with Global Equity Partners Plc. in December of 2014, has now agreed on a strategy to assist with the introduction to Pre-IPO capital and ultimately the listing of the company’s shares on a recognized Public Stock Exchange.
On November 23 GEQU announced it has signed a contract and agreed on a capital raising strategy with INSCX Exchange Limited to assist with raising capital funding up to, but not limited to, 90 million Great Britain Pounds (equivalent to approximately US$137 million) for the company and ultimately assist with taking the organization to the public markets of Dubai.
INSCX is the world’s first Nanotechnology commodities exchange for the guaranteed physical delivery of Nano Tech and other specialist materials, such as Polymers, Base Oils and Titanium Dioxide, more traditional materials where the exchange offers the only physical delivery hedging tool for producers and end users. INSCX offers the only global track and trade reporting system for engineered nanomaterials. The Exchange offers a highly effective, secure, regulatory and compliant framework for the emerging nano tech industry. Commissioned by Lloyds (Bank) of London in 2010, INSCX is proving pivotal to enabling insurers to engage fully with upstream and downstream interest in this broad suite of materials.
Disclosure: we hold no position in GEQU either long or short and we have not been compensated for this article.
