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It's means a top 50 followed member posted here or followed Gequ . It was cjstockup
Global Equity International Inc. Announces US$2.6 Million Financing Agreement To Enable The Acquisition Of Three Financial Advisory Firms With An Approximate Aggregate US$315,000,000 Of Funds Under Management
5/9/17, 10:29 AM
DUBAI, UNITED ARAB EMIRATES -- (Marketwired) -- 05/09/17 -- Global Equity International, Inc. (OTCQB: GEQU) and subsidiaries (www.globalequityinternational.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce that the Company has been approved as a permissible investment by a UK based Institution and will be allocated a minimum of Two Million Great Britain Pounds (approximately US$2.6 Million) of long term debt financing to acquire various financial advisory firms with funds under management.
The funding will be allocated to Global Equity International Inc. in two tranches and will enable the Company to commence acquiring the targeted acquisitions, over the summer months, with additional capital being secured on a "deal by deal" basis thereafter.
Management´s initial intent is to utilize the funding to acquire two UK-based financial advisory firms with circa US$205 Million under management. Both targets have been in business for decades and are profitable and cashflow positive entities with solid client bases. The third targeted acquisition is an Asian-based advisory firm with circa US$110 Million of funds under management.
All of the transactions will be performed on an "earn out" basis, securing the existing management and teams of these target companies. The initial payments will be funded with long-term debt that offers the Company a wide range of potential repayment options including repayments through the acquired cashflows.
This new "Financial Advisory Division" of Global Equity International will see a United Kingdom subsidiary being incorporated as part of the Group with a head office based in London and with key members of the staff that are already identified and ready to start work.
Once these three Advisory Firms have been acquired, the Company will continue to acquire more firms in the UK and Asia where it has a shortlist of target acquisitions that currently manage in excess of US$1.5 Billion.
Peter Smith, CEO of Global Equity International Inc., said: "We have been in talks with a number of potential acquisitions since August 2016 and only now are we comfortable enough to look to agree to the basic terms of the acquisition on the first targets and to commence the required Due Diligence process. It is our intent to close out the first transactions in the summer of 2017 with the subsequent closings following on post agreement, due diligence and contracts. The first UK acquisitions will give us a solid foothold in the highly regulated United Kingdom "Financial Advisory Market" and it will change, to a certain degree, the nature of our business, reducing the reliance on our Capital Markets business that is still progressing in a very steady manner. These first acquisitions will not only bring our Company presence and funds under management, but it will also ensure regular and substantial income to our group of companies going forward. As we grow in 2017 and beyond, we will have three defined arms and revenue streams to our business with the current Capital Markets and Recruitment businesses being enhanced with our financial advisory division. We have been offered several term sheets for the financing of these acquisitions however we have felt all of them to date have been too onerous or too expensive. We finally found the right strategic investment partner earlier this year and we are delighted to be working with an entity that understands the business and has a strategic interest in this new division we are developing. In addition to the first three acquisitions, I am working on the preliminary stages of acquisitions four and five along with a suitable financier. The amalgamation of these acquisitions will finally put our Company where it should be as a "one stop shop" for suitable transactions, accelerating our Capital Markets business and providing solid long-term income for the Group. With this new activity I feel that now it is time to restructure and rebrand the Company as we have morphed considerably in the past two years, hence we are now a very different proposition to the one we set out as."
About Global Equity International Inc. and Subsidiaries.
Global Equity International Inc., through its wholly-owned 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.
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.
Mr. Peter J. Smith
CEO
Global Equity International Inc.
Tel. + 971 42 767576
Mr. Enzo Taddei
CFO
Global Equity International Inc.
Tel. + 1 321 200 0142 / + 971 42 767576
Email: ir@globalequityinternational.com
Web: www.globalequityinternational.com
Mr. Bruce A. Haase - IR/PR
RedChip Companies Inc.
Tel: +1 407 644 4256 - Ext. 131
Email: bruce@redchip.com
Web: www.redchip.com
Source: Global Equity International Inc.
Speaking as a shareholder since summer 15, this is tough. However , the volume is nice! And when we move up the volume shall follow... Also I know that these guys have a lot of shares and haven't sold any as per no filling of them selling. I'll sell when they do or when I think a fair value is reached. I still think 25cents is where it should be .Until then I'm glad this is almost ripe again!!
I know one thing and I feel like It should be discussed here. I've brought it up before, it's the whole rebranding thing.. Sog can you explain this in depth a little more... And also , just a hypothetical , if we get that fund done, what do feel a fare pps would be? Thanks
we need a whale
ya they been lowering it for days.
i believe its a all or none order they using..so if you trying to take them down wit only 100k slap they will back off. need a 400k slap . f them up
anyone trying to get some at this level, target cdels 328 block. they been using that block to box us in for a long time now. bidding is great but we need upward momentum.
someone needs to put cdel out of there misery. everyone looking at L2 should agree
no, we been using them since I've been here in 2015. to my knowledge at least.. Ive always found it strange that they have their auditor in boca. the people here when it comes to money are straight up sharks. they only care about themselves.
thats their accountant that audits their financials. Maybe i should go in there since i live down the street? lol I've called them before. not to nice of people working there
Cdels 328 cock block shares need to be wiped out. The are ridiculous keep on backing out like that.
There is no way they don't have a plan going on to correct this. They can't let this go lower or we will be stuck in flipper land for ever. I wish we could be updated . Makes no sense at all to be at this pathetic market cap. Your telling me they don't have some Arab billion friend to buy the float up? That's what I don't get
I'm honestly happy right now with Gequ. Duuo trading is the reason I'm gonna hold through this tough pps. In Duuo shares alone we are worth more then our market cap. That will not go unnoticed for long. This is a real company on the Otc. Not a scam. That's bs who ever says a company that accomplishes goals is a scam. So far quartal financial received their funding and now Duuo is a public trading company because of Gequ.. Slow process however.. That's the only thing anyone can say here that's bad . And that's going to be fixed soon with the fund... I honestly hope the true longs here get what we deserve for holding for almost 2 years now
With volume the notes will disappear instantly. Im in other stocks around this price range and the volume is there. 100,000$ bids roam around and walls with 2 million shares fall apart like some real tender ribs. If we had those people here i can't even imagine how high we could shoot up. Funny thing is GEQU has lower market cap and is 10X the companies these are. Still have my faith were going to bankroll here. when????? i can wait!!!
The ECO Smart Pen is due out in the second half of 2017.
https://finance.yahoo.com/news/mydx-introduces-eco-smart-pen-133000776.html
News
https://finance.yahoo.com/news/mydx-introduces-eco-smart-pen-133000776.html
MyDx Introduces the Eco Smart Pen
Accesswire AccesswireApril 25, 2017Comment
The Next Level of Public Safety & Transparency for the Cannabis Industry
SAN DIEGO, CA / ACCESSWIRE / April 25, 2017 / MyDx, Inc. (OTCQB: MYDX), a science and technology company and creator of MyDx® (My Diagnostic), the first multi-use handheld chemical analyzer designed for Cannabis professionals and retail consumers to correlate the chemical profile of cannabis with how it makes them feel and which ailments it alleviates, today announced its plans to develop and launch its second smart device (with associate engineering and prototype images) out of its Consumer Products Division for the Cannabis industry in 2H2017 - the ECO Smart Pen(TM).
The ECO Smart Pen(TM) Powered by MyDx is a next generation, rechargeable vaporizer pen equipped with Bluetooth technology that helps patients and consumers better manage and regulate their cannabis consumption habits.
(The ECO Smart Pen(TM) will provide an ECOsystem powered by MyDx and partner products to develop meaningful insights into the products themselves, user behavior and the cannabis community at large. To access the ECO Smart Pen GIF Video Preview, please click here.)
How it Works
Passive Monitoring
The ECO Smart Pen(TM) immediately activates the MyDx App via Bluetooth as soon as you put in any compatible cartridge, so that you can input the brand name you're using. Once the product information is submitted, the pen will then passively monitor your consumption habits, such as frequency of use.
Active Monitoring
Once you begin using the product, you'll be able to actively track which ailments the product relieved and/or feelings it generated and how many "puffs" it took to generate those feelings and/or reliefs.
Software As A Service (SAAS)
Manufacturers, Doctors and the like will be able to use MyDx Software on a private label basis to monitor and manage their respective user groups under a subscription-based model, which will be tiered for varying levels of access to user data and analytics.
Who Benefits
Consumers/ Patients get to manage their consumption habits to maximize the benefits of the product and provide direct feedback to the manufacturers.
Doctors will be better equipped to manage their prescriptions by having access to more detailed information about what works and how much is needed to provide relief.
Brands will be able to private label and purchase the smart pen hardware and associated software ecosystem using their brand name to provide a more sophisticated vape pen experience for their customer-base.
Concentrate Manufacturers will be able to access relevant data via licensing arrangements with MyDx for their own product development initiatives.
The development of the ECO Smart Pen falls in line with MyDx's overall strategy of building a feedback ECOsystem powered by its products (as well as partner products) to develop meaningful insights into the products themselves, user behavior and the cannabis community at large. Whereas CannaDx(TM) analyzes Cannabis flower samples, the ECO Smart Pen will focus on the delivery and tracking of the effects of branded and formulated cannabis oils.
MyDx initially plans to work with select third-party manufactures to commercialize the pen out of its Consumer Products Division and then will work with concentrate manufacturers on formulations and/ or insights out of its Data Analytics and Bio-Pharmaceuticals Divisions. The ECO Smart Pen is due out in the second half of 2017.
Shorts better cover before we rally!! Don't want anyone to lose their house here...
Duuo trading!!!!
I don't think he/she cares, obviously a lil pumping but what I think their getting at is if and when we start trading big volume we can move very easily . I agree . Maybe not .75 even though I've been waiting for that for years..
I think if we get a 50 mil volume day we can hit .05 .. Imo.. If a group loaded this they could run it to .25 I bet. We have a nice float here.
Right now we have more trades then any other otc stock per my td Ameritrade platform...liquidity is the most important thing for a penny stock. ... Still holding the rest of my .0014s .. Only shares I bought here
It's been there for a long time now.. Alpha 1066 is in default as well since 2015
Volume is telling us something. The question is good or bad? I know there is selling but don't forget someone is on the other end of that buying people. I really hope we get our answers soon though. Holding strong
Ive had a theory in mind that they are waiting until they are unrestricted before they jack up pps to dump them. They can make a lot if they do it rite. Lets see if its just a coincidence that the pps rises when they become unrestricted.
Cheers bud! Just made an old fashion! Long day between work stocks and school!
ya its very annoying. especially for people here since summer 15. my double zeros still green ;)
you know they stopped paying his rent last year. thats misinforming.... why would you want to misinform people?
we are finishing wave c. wave 1 should start tomorrow afternoon. Tomorrow afternoon would be a good time to press release. or Monday morning.. any dip in am, if we are truly remaining bullish, should be the last one at these price levels...
They need to sell shares to do that , or close a big deal.. I want my ceo and his team to be motivated so if some bubbles and good food do that then great!! I hope they make so much they can buy a Ferrari also!
One more thing, people also didn't read the 10k to thoroughly. No one here mentioned the rebranding within 2-3 months... I don't know if that's good or bad but I'm willing to wait and see at this point
I feel like people forget we already got quartal financial their first private placement.. I know it was small but we did it. Goes overlooked here... Also they need to get an investor who buys on the open market. They should know a few people who have that money.. Also share buy back will give us some confidence..
look at the 10k . There salaries are not making them rich. When they will get rich is when the pps hits 25 cents and they liquidate there accured salary. They have not sold a share of by the way. They want and need pps to rise. Someone that emails them frequently should tell them to get a strategic investor and announce a share buy back. That would start us off.
People selling from here out are going to be so sorry. This is text book trading right here at Mydx
We are in the final correction stage of the Elliot wave pattern. Wave c to be exact. Next is wave 1 :)
If you don't know what that is anybody look it up
We fly soon. Go GEQU
I noticed a difference in how we traded today ( I know low volume) but I know this chart is set up to blast off with any sort of catalyst. 100% day is needed here+ otc stocks are rocket ships right now. Get that 50 mil vol over here at Gequ and we can hit 3-5 cents easy
go mydx!
what did you guys think of this excerpt from the 10k
REBRANDING OF OUR ENTIRE CORPORATE STRUCTURE
"Over the next 2 to 3 months we intend to rebrand our business and analyze our entire corporate structure. We will adapt a new brand for all finance related companies that will carry through each subsidiary with a uniform image and examine the structure we currently operate to ensure its efficiency as we add new subsidiary companies. The reporting structures of each subsidiary will also be examined for maximum effect."
https://www.sec.gov/Archives/edgar/data/1533106/000149315217002774/form10-k.htm#a_007
I'm hoping this is a good thing. nobody has talked about it yet here
over 800 k were dumped between 2:34/35 i was think maybe that wall just decided to hit the bid instead of waiting to get filled.