Argentum 47 Inc (ARGQ)

[gemmerling]

Recent News. GEQU Suspends Further Dilution of its stock.

Global Equity International Inc. Successfully Agrees on a Payment Plan with Mammoth Corporation in Order to Suspend Further Dilution of its Stock

Dubai, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Global Equity International, Inc. (OTCQB: GEQU) and Mammoth Corporation would like to jointly announce that both parties have executed a legally binding agreement whereby Mammoth Corporation agreed to suspend further conversion of debt into equity and receive the remaining outstanding debt in six equal and manageable payments commencing January 15, 2018 and ending June 15, 2018. Subject to the agreement, Global Equity International Inc. agreed to allow Mammoth Corporation to execute one final conversion into equity, as it was their contractual right to do so anyway. In order to mitigate this final conversion, both parties agreed that Mammoth would be limited to a dribble-out and only be able to sell at a maximum rate of 15% of the Company´s daily trading volume. This dribble-out selling limitation should inherently allow the Company´s stock to continue to trade unencumbered.

Enzo Taddei, CFO of Global Equity International Inc., said: “I am very happy with the deal that I struck with Mr. Brad Hare, President of Mammoth Corporation, as it now allows us to finally put a cap on dilution and also allows us to maximize and manage the minimum US$2.64 million capital funding that we contractually agreed and expect to start to receive from William Marshal Plc. in tranches within this month of December. I have found Mammoth Corporation, and in particular Mr. Hare, to be serious industry professionals; they actually listen to the companies that they invest in and are always willing to make accommodations when it makes sense to do so. In the past, Mammoth has converted part of our debt to equity but has never proven to be an aggressive seller of our Company´s stock.”

Brad Hare, President of Mammoth Corporation, said: “After seeing the recently announced accomplishments of Global Equity International, we are confident that entering into this agreement will help the Company toward achieving its long term goals and enable management to execute on its business plan. As an additional vote of confidence, we think it will further benefit the Company to limit our possible sales with the inclusion of a dribble-out agreement.”

Global Equity International Inc. to Receive Capital Funding Amounting to a Minimum of US$2.64 Million

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Nov 21, 2017) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned foreign subsidiaries, a specialist consultancy firm with offices located in Dubai and London (the "Company"), are proud to announce that today, November 21, 2017, management filed a Form 8-K with the SEC that formally disclosed the execution of a capital funding agreement with William Marshal Plc., an underlying asset of the AION Adventurous Fund and the AION Cautious Fund, which, in turn, are both compartments of a Luxembourg-based SICAV-SIF called AOIN SICAV-SIF Fund.
The agreed capital funding will be initially for a minimum of Two Million Great Britain Pounds (approximately US$2.64 million) and will be received in one or more tranches commencing the first week of December 2017.
This capital funding agreement is a major milestone in the development of the Company that will enable the Company to finally create an all-encompassing 'financial services solution' that management has been patiently and diligently working towards for the last 12 months.
The capital funding received will mainly be deployed over four separate targeted acquisitions of financial advisory firms with multiple millions of dollars of funds under management.
The first two companies to be acquired are United Kingdom based as announced in our June 2, 2017 press release; one of which is a financial advisory firm fully licenced by the UK Financial Conduct Authority ("FCA") with approximately $51,000,000 of funds under management, and the second of which is a "Discretionary Fund Management Group" based in The Isle of Man with approximately $39,000,000 of funds under management. The combination of these first two acquisitions will give the Company a $90,000,000 million book of business within the UK, several hundred retail clients, and relationships with a wide array of new supportive companies and a firm stronghold position within the financial services sector.
The third and fourth acquisitions are Asian-based financial advisory firms with a similar amount of funds under management to the UK entities, which when acquired, will give our Company an initial combined $180,000,000 of funds under management, a client base into the thousands, a small but highly effective distribution force, 20 more staff and a true regulatory diversification with a second footing in the ever expanding Asian markets.
All four targeted acquisitions have been in business for many years, are cash flow positive and profitable.
Not all this capital funding will be deployed for inorganic growth as management intends to use the surplus capital funding to pay off convertible debt and also management intends to endeavour to renegotiate and pay off all non-convertible debt too.
Peter Smith, CEO of Global Equity International Inc., said: "We have waited a long time to be able to announce this closing. It is a monumental development in our Company not only allowing us to complete the circle from client to contract to funding to closing, it will also provide us with solid long term income, a distribution network, further development potential and a strong foothold in more than one highly regulated market. It may have been a long time coming, but this agreement moves the company into a different sphere. We will now become more attractive to potential clients for our capital markets division and allow us to be more selective with the clients we work with, while significantly shortening the time frame from contract to completion. In addition, we will have long term income from the books of business we will own and a distribution force not only for their traditional financial services opportunities that are profitable in their own right, but also for our capital markets division. We anticipate growing the advisory business very much in the way I did in my previous company whereby my prior company ended up with US$2.2 Billion of funds under management."
Enzo Taddei, CFO of Global Equity International Inc., said: "The business to date has suffered from the time lapse in generating a client and completing on that transaction. It has long been our desire to try to circumvent that time lapse by turning the Company into an 'all service' financial institution. The terms that we agreed for this round of capital funding are extremely favourable for the Company and its shareholders. William Marshal Plc. will be obliged to convert to equity no earlier than one year and one-day post funding. The amount funded will be converted at the 'higher' of $0.02 per share or the average "closing price" of our common stock on the Over-the-Counter Bulletin Board for the 60 trading days prior to 366th day conversion date, meaning that if our stock is trading at an average price higher than $0.02, the conversion price will be established at that higher price; hence keeping dilution of our Common Stock to a minimum."

http://www.marketwired.com/press-release/global-equity-international-inc-receive-capital-funding-amounting-minimum-us264-million-otcqb-gequ-2241458.htm

Global Equity International Inc. Successfully Assists in Raising US$2.5 Million of Institutional Capital Funding for Blackstone Natural Resources

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Nov 27, 2017) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned foreign subsidiaries, a specialist consultancy firm with offices located in Dubai and the United Kingdom, are extremely excited to announce that we have been instrumental in successfully assisting our client, Blackstone Natural Resources, in raising its initial and first round of institutional capital funding amounting to US$2,500,000 and at an initial valuation of US$20.84 million. This first step in a carefully thought-out capital raising strategy has now been achieved and this initial investment has allowed Blackstone to attain a significant valuation that reflects the current position of the company and now allows us, Global Equity, assist with taking the company to the Public Markets and achieve the next round of funding on the way through.
Enzo Taddei, CFO of Global Equity International Inc., said: "We were contracted in February of 2017 to assist with sourcing, up to but not limited to, US$150 million in various tranches over time in exchange for a monthly consultancy fee and a pre-agreed cash success fee; we were also contracted to assist with taking the Company to Market in exchange for a further pre-agreed cash fee and an equity success fee. Today, apart from a well deserved cash success commission and receipt of nine months of accrued consulting fees, this initial round of funding allows us to continue with our mandate as it triggers the listing of Blackstone´s shares on the US Markets. It also tremendously helps to accelerate the next round of funding as we have been actively working on this, behind the scenes, for some time now. Persistence and hard work always pay off in the long run. We see the Blackstone project being the first of many that will follow this shorter route to funding and ultimately a shorter route to market. All in all, we are very excited for Blackstone and its management team as they too deserve this win."
Demetrius Maxey, CEO of Blackstone Natural Resources, said: "We extend our thanks and appreciation to the hard work and skilled efforts of Global Equity International and to the team at William Marshal Plc. for their support and vision. This investment represents our first institutional funding and is part of a larger $150 million plus capital raise. With this $2.5 million investment, and an option for an additional $2.5 million until the end of February 2018, William Marshal's backing allows us to secure the initial targets in our acquisition pipeline of more than $150 million worth of producing and near production assets. We anticipate achieving first oil and the public listing by early 2018. The current oil price stability above $45 per barrel creates an opportunity for acquiring assets at an attractive cost. In the short term, the Argentine and Colombian markets provide insulation from low oil prices because of their all in delivery costs below $28 per barrel. With our concentration on producing or near-production assets, we maintain positive cash flow that allows us to focus on optimization of current production, acquisition of additional assets, and medium risk exploration within known producing formations. We invite investors to contact us and learn more about how we are implementing our strategy."
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 The United Kingdom, 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.
About Blackstone Natural Resources S.A. and Subsidiaries
Blackstone Natural Resources S.A. is a BVI Holding company and its subsidiary, Blackstone Texas Inc., is an upstream exploration and production company that is focused on acquiring and developing non-core and distressed Oil and Gas assets in the Americas.

http://www.marketwired.com/press-release/global-equity-international-inc-successfully-assists-raising-us25-million-institutional-otcqb-gequ-2241837.htm

Current active clients GEQU announced in their most recent 10Q.

The below clients were taken from this filing.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12377008

1 VT Hydrocarbon Holdings (Pte.) Limited LNG Gas storage Singapore & Jordan

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Jun 30, 2016) - Global Equity International, Inc. (OTCQB: GEQU) and its fully owned subsidiary, Global Equity Partners Plc., a global business consultancy firm with offices in Dubai and London that consults to a diverse number of companies around the world, are pleased to announce that our client, VT Hydrocarbon Holdings (Pte.) Ltd. ("VTH"), has finally agreed on terms with the seller of the land and facility in Aqaba (Jordan) allowing the financial aspect of the transaction to significantly move ahead. Negotiations over the land and facility have been ongoing for many months. This agreement is the spark that will ignite a string of subsequent actions and contracts leading ultimately to the closing of the deal.
VTH will build, operate and manage hydrocarbon storage facilities in the Aqaba Special Economic Zone (Jordan) and expand to repeat the formula in other parts of the world in due course. The Company's main business focus will be to provide Liquid Petroleum Gas (LPG) storage as well as other wet fuel facilities and intends to directly respond to the 45% market deficit in Liquid Petroleum Gas supply being suffered in the local region, which includes the neighboring countries of Jordan.
Demand for Liquid Petroleum Gas is increasing yearly in the region for many reasons, mainly domestic consumption, feedstock for petrochemicals, and fuel for vessels. There is no effective storage for this demand. Storage is required to ensure steady supply, price stability and security. VTH's aim will be to provide the largest and most state of the art LPG facility and logistics to support the region.
Peter Smith, CEO of Global Equity International Inc., said: "We have been waiting a long time to get to this point and finally matters are moving ahead at a rapid pace. Historically, key decisions within the deal have taken weeks and months to arrive at, hence the reason for the various delays that this deal has suffered. Now we are moving into new territory on a daily basis with all parties exactly on the same page heading for the same conclusion. This will be a transaction we will be delighted to put the finishing touches to in the very near term."

http://www.marketwired.com/press-release/global-equity-international-inc-the-spark-ignite-financing-vt-hydrocarbon-project-jordan-otcqb-gequ-2139016.htm

2 Hoqool Petroleum Natural Resources United Arab Emirates

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Mar 14, 2017) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiaries GEP Equity Holdings Limited and Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce that during the week of March 6, 2017, GEP and their newly signed client Blackstone Natural Resources B.V. ("BNR") presented to various potential investors at the MEPEX Forum and also the MEOS 2017 Oil & Gas Conference in the Kingdom of Bahrain and further presentations to GEP investment partners from the MENA region in GEP's Dubai offices.

The results of the presentations by both BNR and GEP have been exceptionally promising with three potential investors wanting to immediately follow up with BNR and progress, and one particular investment partner wanting to engage further with BNR´s CEO, Mr. Demetrius Maxey - Retired US Marine, to discuss three different potential investment options ranging from $40 million to $120 million of Pre-IPO funding in the form of Debt and Equity.

The presentations included but were not limited to The Arab Petroleum Investments Corporation; NOGA, the investment arm of the Bahrain National Oil Company; Crescent Petroleum; EIG, a European/Arabian investment Group; Sharjah National Oil Corporation; Thani Investment Group Dubai; Sovereign Gulf and Baker Tilly.

Additionally, GEP met with the board of its client Hoqool Petroleum to further discuss their oil exploration and production opportunities in Oman and Egypt and a possible Bond Issue and subsequent IPO on a recognized global exchange in 2017.

http://www.otcmarkets.com/stock/GEQU/news/Global-Equity-International-Inc-----Successful-MEPEX-Forum-and-MEOS-2017-Oil-and-Gas-Conference?id=153318

3 Quartal Financial Solutions AG Financial Technology Switzerland

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Nov 18, 2016) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiaries GEP Equity Holdings Limited and Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce that their client Quartal Financial Solutions (the "Company" - http://www.quartalfs.com), a Zurich (Switzerland) based Financial Technology Company, has successfully filled and raised US$2,018,136 via its first Private Placement Memorandum.
Peter Smith, CEO of Global Equity International Inc., said, "Recently, we announced that our client, Quartal Financial Solutions, had partially filled its first Private Placement Memorandum; now we are extremely happy to be able to announce that Quartal has successfully filled and closed their initial Private Placement Memorandum at a valuation of $2.50 per share. We continue working on our contractual mandate which includes assisting the Company, through introductions to our international network, with raising a further US$8 to US$10 Million. Quartal Financial Solutions is a great company with an extremely bright future that happens to be in an industry, Financial Technology, that smart money is looking to invest in today. Gulf News published an interesting article yesterday regarding FinTech and quoted the following: 'A raft of financial technology (FinTech) companies are sprouting up across the globe and in the UAE, attracting the interest of hordes of customers and investors, including angel venture capitalists, family offices and even private equity funds.'"

http://www.marketwired.com/press-release/quartal-financial-solutions-successfully-fills-its-first-ppm-raising-in-excess-of-us2000000-otcqb-gequ-2177106.htm

4 Majestic Wealth Limited Property Development Cyprus

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Sep 8, 2016) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiary Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are pleased to announce that GEP have diligently negotiated a term sheet amounting to US$301,500,000 for its client Majestic Wealth Limited.
Majestic Wealth has secured a luxury resort development project in Cyprus. The project benefits from approved planning permits and licensing; construction is already underway, and consists of three hundred luxury villas, a five star luxury hotel and amenities. Additionally, Majestic Wealth has secured an additional beach resort, again with planning and construction underway, for a five star four hundred suite luxury hotel in Paphos, a coastal resort and town on the Island of Cyprus in the Eastern Mediterranean.
Recently, the board of directors of GEP travelled to Budapest (Hungary) to meet with the Company's Eastern European partners, the Billbarter Group (http://billbartergroup.com/), and also the parties representing the investment group that have ultimately issued our client, Majestic Wealth, with the signed US$301,500,000 term sheet.
Prior to travelling, the CEO of Majestic Wealth granted GEP with a full Power of Attorney to negotiate the terms of the funding. During this business trip, management of GE Partners formally agreed the process and terms of the funding that resulted in the execution of a formal term sheet to fund all of Majestic Wealth's property development projects in Cyprus.
Peter Smith, CEO of Global Equity International Inc., said, "We travelled to meet our partners in Budapest this week and also to meet the investment group interested in financing this particular project, which is a tremendous development that will become iconic, without doubt, in the Cypriot property market. Majestic Wealth is one of our funding deals that has gone through the process relatively quickly with a suitable investment group sourced and driven to a term sheet, with more than fair terms, in an extremely short space of time. This is another milestone for our Company with a 3% cash commission contractually agreed and the possibility to do further similar funding deals under the same terms with our client in Cyprus and others that are looking to engage our services."
Enzo Taddei, CFO of Global Equity International Inc., said, "This is now our third transaction to enter into final closing stages this summer, we always knew that the day would come when our funding and other mandates would start to move rapidly in this direction. It has taken us a little longer than expected but it is a very good feeling now we are working these companies through to the final stages of the process of our contractual mandates. Also, the significant agreed cash commission on the Majestic Wealth funding deal will be an excellent springboard for our Company and its future growth plans."

http://www.marketwired.com/press-release/majestic-wealth-ltd-receives-us301500000-signed-term-sheet-from-investment-group-based-otcqb-gequ-2156573.htm

5 Blackstone Natural Resources BV Natural Resources British Virgin Islands

During the Summer months, the Company has assisted in securing funding for a client called Blackstone Natural Resources, we expect our client to be funded during Q4 2017 and when funded, we will be due a cash success commission and also various months of consultancy fees that we agreed to receive once funding was in place.

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Feb 23, 2017) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiaries GEP Equity Holdings Limited and Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce a newly signed consultancy agreement with Blackstone Natural Resources SA ("Blackstone").
Blackstone Natural Resources SA, through its subsidiary Blackstone Energy (BVI), is an upstream Exploration and Production (E&P) company focused on acquiring and developing distressed Oil and Gas assets in the Americas. The company's initial efforts are located in Colombia, Argentina and the Gulf of Mexico region. Currently, Blackstone has 18 blocks in three countries on contract or under evaluation covering 1.5 million acres of land with proven and probable reserves of 340+ million barrels of oil and original oil in place of 3.5+ billion barrels. The current cumulative production is circa 23,000 barrels per day, expanding to more than 50,000 barrels per day over 5 years. Blackstone's financial forecasts depict a 5 year cumulative of US$4.4 billion in revenues and US$1.7 billion EBITDA.
GEP have been mandated to assist with raising up to, but not limited to, US$151,500,000 for growth, expansion and acquisition. GEP have agreed a monthly cash retainer and also cash and equity success fees. Finally, GEP have been granted the right of first refusal to assist with a public IPO of Blackstone when the time it right.
Blackstone's management team will be joining GEP, in particular Mr. Patrick Dolan - Director of Global Equity International Inc., at the MEPEX Forum (in the Kingdom of Bahrain) on March 6th to March 9th where they will have the opportunity to present their E&P project to 25+ Oil and Gas investors and institutions that have confirmed their attendance.
Patrick Dolan, Director of Global Equity International Inc. said, "We are delighted to have secured Blackstone Natural Resources (BNR) as our client given the current considerable uplift in investor sentiment for the Resource Sector in general which shows no sign of abating. This is reflected in the significant interest already being shown in BNR by Oil & Gas investors who will be attending the MEOS 2017 Oil & Gas conference in Bahrain from March 6th to March 9th. MEPEX, one of our close partners and organisers of MEOS 201, have already secured direct meetings for BNR with their Oil & Gas investment partners for the 5th March in advance of the conference and BNR's group presentation to the investor forum on Monday, March 6th. The pre-conference presentations with investors will take place at MEPEX's offices in Bahrain. Following the conference in Bahrain, BNR will then present to additional investors from the UAE in GEP's offices in Dubai. BNR will be presenting to more than 30 Middle East investors in Bahrain and Dubai between the March 6th and March 13th. All the presentations will be to investors whose focus and appetite is mainly Oil & Gas."
Demetrius Maxey, CEO of Blackstone Natural Resources SA said, "Blackstone is truly pleased to announce our engagement with Global Equity Partners to assist us in raising capital for our Exploration and Production efforts in the Americas. They have a fantastic team of professionals and a vast global network. We also look forward to joining the Global Equity Team at the MEPEX Forum in Bahrain next month. Now is the time when savvy investors re-enter the market and create great value for themselves and their shareholders."

http://www.marketwired.com/press-release/blackstone-natural-resources-sa-engages-consultancy-services-gep-equity-holdings-limited-otcqb-gequ-2198205.htm

Recent quotes posted from Enzo - CFO for GEQU

Quote:
We have announced US2.64 million of funding and filed the legally binding contract with the SEC.... which means that we will start to have (next week) the money to implement our growth plans and clear off debt.

We then announced that we have got a client funded, US $2.5 million.... which means that we are getting paid a handsome fee and 9 months of accrued consultancy fees.

These two items alone are massive for our Company and its shareholders.

The Noteholder that we have is not agressive at all and has proven this to us so far, the last time they converted was October 25, 2017 and that was over a month ago. In any case, our intent is to start clearing of convertible debt starting next week so this should end up being a mute point.

We sourced our funding at 10 times our Market Cap. on the date we signed.

This meaning that funding will never convert at less than $0.02 and most probably will be at the higher price stated in the contract.

Remember that this is Institutional money... the best kind to receive as institutions generally park assets in their portfolios... they are not day traders.

We even parked our own stock until 09/27/2020, it makes no difference to us as we are looking at the big picture.

Finally, in my humble opinion, the market has alot to learn about how we go about doing business and our motivations. Time will prove who is right and who is wrong, meanwhile we will get on with the plan that we have set out.

The main issue here is that ..... the Market absolutely has not understood what this funding will do for our Company going forward.

Time will tell as always.