Global Equity International, Inc., Through Its Fully Owned Subsidiary Global Equity Partners Plc., Has Agreed to a Strategic Partnership With the Middle East Prospect Exhibition for Oil and Gas Companies
DUBAI, UNITED ARAB EMIRATES--(Marketwired - Oct 14, 2015) - 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, is extremely proud to announce a strategic partnership agreement with the "Middle East Prospect Exhibition" ("MEPEX" - www.mepexonline.com), to act as their exclusive selected Financial Partner for capital raising, Advisory and Public Listings for all of the MEPEX participants.
The Middle East Prospect Exhibition (MEPEX) brings together Companies in the Energy Sector in the Region and provides a market place for buying, selling and financing of Oil and Gas related projects and companies. MEPEX had 280 Oil and Gas related participants for its first exhibition and is looking to grow those numbers in the coming months and years. MEPEX is the "One-Stop-Shop" to conduct all Energy and Petroleum business in the MENA Region, which is a huge and very significant industry in the Middle East.
Mr. Peter Smith, CEO of Global Equity International, Inc., said, "MEPEX and GEP can together become a significant force in the financing and listing of Oil and Gas companies in the Middle East; with their contact and relationship base and our experience we have a tremendous opportunity in a multi-billion dollar industry. MEPEX is already a significant player in its sector and also in the Region. The management completely understands the Middle East Oil and Gas landscape with a vast degree of experience on their executive committee. When I first discussed the possibility of an alliance between GEP and MEPEX with Mr. Habib Al-Alawi, it was evident within a very short space of time that we had similar views and focus for the future of corroboration, and it is an honour to be selected as the exclusive financial partner for such a significant institution. In essence, MEPEX will attract companies in the Oil and Gas sector, of which there are many in this Region, who are seeking the services we offer. We will dedicate time and resources to helping those Oil and Gas companies achieve their goals. It is a fantastic opportunity for all parties and we are completely ecstatic to be working Habib and his team at MEPEX. We will finalize the structure of the partnership in the Kingdom of Bahrain in the coming weeks with a view to establishing an 'offering' for the Hydrocarbon community in the Region with MEPEX being the funnel for our consultancy services. "
Mr.Habib Al-Alawi, Director of MEPEX, said, "With this strategic partnership we can take MEPEX to the next level as we can now offer a 'complete solution' from showcasing to funding these Exploration & Production opportunities and ultimately listing them on a recognized Stock Exchange. Along with our new 24/7 online Expo (www.mepexonline.com), we anticipate being able, via Global Equity Partners, to assist with providing investment and IPO opportunities to our members and exhibitors. This, in my opinion, makes MEPEX a unique market place and offers many more needed solutions for Oil and Gas Start-Ups."
About Global Equity International, Inc.
Global Equity International, Inc., through its wholly-owned subsidiary Global Equity Partners Plc., 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. Global Equity Partners holds significant long-term equity positions in the companies that it represents.
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.
(October 14, 2015 - 8:30 AM EDT)
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