Argentum 47 Inc (ARGQ)

[gemmerling]

Who knows the Asian funds could be closed first it all depends on which funds have the easiest books to audit IMO. The video seems to indicate all four funds are currently under audit. I agree I look forward to the day when $GEQU has US$1.5 Billion of funds under management.

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.otcmarkets.com/stock/GEQU/news/Global-Equity-International-Inc--Agrees-And-Signs-Terms-To-Acquire-Two-United-Kingdom-Financial-Advisory-Firms-With-Circa-US-90-000-000-Of-Funds-Under-Management?id=160902&b=y