DUBAI, UNITED ARAB EMIRATES -- September 13, 2016 --
InvestorsHub NewsWire -- Global Equity International,
Inc. (OTCQB: GEQU)
and its fully owned subsidiaries, Global Equity
Partners Plc. and GEP Equity Holdings Ltd., a global
business consultancy firm with offices in Dubai and the United
Kingdom that consults to a diverse number of companies around the
world, are pleased to announce that GEP Equity Holdings Limited and
Billbarter Hungaria Zrt. (Billbarter Group - www.billbartergroup.com) have formally entered
into a Joint Venture agreement for an initial three year term.
Enzo Taddei, CFO of Global Equity International
Inc., said: "We are extremely happy and excited
to have agreed and executed this Joint Venture agreement with such
a reputable and internationally recognized Company such as the
Billbarter Group. In the recent past, we have jointly worked on
certain client mandates such as Majestic Wealth Limited that
culminated in a signed term sheet for US$301,500,000; this
collaboration was, in my opinion, the proving ground to ultimately
enter into this Joint Venture agreement with the Billbarter Group.
The fact that the Billbarter Group has a presence in so many
countries around the globe will, by default, give Global Equity
International massive exposure to allow us to exponentially grow
our network of introducers, funding sources and ultimately, our
client base. This Joint Venture is, without a doubt, a 'win-win'
situation for both Global Equity International and the Billbarter
Group."
Thomas Stonewell, International Relations Director of
Billbarter Hungaria Zrt., said: "After a
very successful meeting with Global Equity´s management team in
Budapest last week, the idea of creating a Joint Venture was
discussed in depth; we are excited that we have managed to agree
and execute this Joint Venture in record time. As a
result of this, certain elements of both Companies' business models
will become much stronger. With this new venture we are able to
work together on a more formal basis, contributing our varied
wealth of knowledge and experience. We, the
Billbarter Group, have many clients who are interested in listing
their shares on a Public Stock Exchange and GEP has many existing
and potential clients who are looking to fund property related and
asset backed projects; hence the cross pollination of our networks
can only make both companies much stronger in the long run. I am
really looking forward to the future and to our successful
collaboration."
About Billbarter Hungaria Zrt. (Billbarter
Group)
The Billbarter Group currently consults with over 25,000
companies around the globe and has circa 8 Billion Euros of
projects under management and in their portfolio. The Billbarter
Group offers a wide range of services, such as commercial
mortgages, factoring, asset finance, corporate finance, property
development finance, management buy-outs, refinancing and business
acquisition funding but specializes in assisting with funding
property related and assets backed transactions offering clients
more than a decade of experience in international property
intermediation. The Company has a seasoned management team and has
a presence in 13 countries in Europe, 2 countries in the Americas
and a further 7 countries between Asia and Australia.
About Global Equity
International Inc. and subsidiaries
Global Equity International Inc., through its wholly-owned
subsidiaries Global Equity Partners Plc. and GEP Equity Holdings
Ltd., 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 centers of the world,
they are able to introduce their clients to a unique opportunity of
listing their shares on any one of the many Public Stock Exchanges
worldwide.
Safe Harbor 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.
