Current Report Filing (8-k)
20 Septembre 2017 - 12:06PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
September 19, 2017
GLOBAL
EQUITY INTERNATIONAL, INC.
(Exact
name of registrant as specified in its charter)
Nevada
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000-54557
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27-3986073
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
Number)
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X3
Jumeirah Bay, Office 3305,
Jumeirah
Lake Towers
Dubai,
UAE
(Address
of Principal Executive Offices) (Zip Code)
Registrant’s
telephone number, including area code:
+ (971) 42767576 / + (1) 321 200 0142
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2., below):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.133-4(c))
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Item
8.01 Other Events
On
September 14, 2017, the Company’s Board of Directors approved and the Company designated 5,000,000 of its authorized preferred
stock as Series “C” convertible preferred shares and authorized the filing of a Certificate of Designation with the
Nevada Secretary of State. The Certificate of Designation, approved by the Nevada Secretary of State on September 19, 2017, stated
the following:
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●
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Voting
Rights: 100 votes per share (votes along with common stock);
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●
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Conversion
Rights: Each share of Series “C” Preferred is convertible at any time, and from time to time, into one hundred
(100) shares of common stock after the third anniversary of issuance;
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●
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Dividend
Rights: In the event the Board of Directors declares a dividend on the common stock, each Series “C” Preferred
share will be entitled to receive an equivalent dividend as if the Series “C” Preferred share had been converted
into common stock prior to the declaration of such dividend.
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●
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Liquidation
Rights: None.
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Designation:
Series C Preferred Stock.
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Shares
of Series C Preferred Stock designated; 5,000,000 shares.
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Under
Nevada corporation law, no shareholder approval was required for the creation of the Series C Preferred Stock.
No
shares of Series C Preferred Stock have been issued to date.
Item
9.01 Financial Statements and Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Dated:
September 20, 2017
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GLOBAL
EQUITY INTERNATIONAL, INC.
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By:
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/s/
Enzo Taddei
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Enzo
Taddei
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Chief
Financial Officer
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