DUBAI, UAE -- April 02, 2018 -- InvestorsHub NewsWire
-- Argentum 47, Inc.
( www.arg47.com ), formerly
known as Global Equity International, Inc., (OTC Pink:
ARGQ) and its fully-owned foreign
subsidiaries, a specialist in both Retail and Corporate
Financial Services, Corporate Consultancy and Human Resources, with
offices located in Dubai and the United Kingdom, is proud to
announce that its plans to completely rebrand the Company are now
in full effect. This rebranding comes as a result of management’s
plans to completely change the Company’s direction by way of
inorganic growth via significant acquisitions around the
globe.
On March 29, 2018, the Company changed its name, from Global
Equity International, Inc. to Argentum 47, Inc., in order to better
fit the Company´s new and improved business model. In tandem and
effective April 2, 2018, the Company also changed its OTC trading
symbol from GEQU to ARGQ.
The newly rebranded Company, Argentum 47, Inc., will
have three core divisions with the Parent Company holding
all of the divisions as fully owned subsidiaries. Each division
allows for incredible cross-selling opportunities and each combined
give the Company an extremely strong backbone with multiple and
independent income streams.
The three core divisions are:
Argentum 47 Consultants (GEP Equity Holdings Limited)
– www.arg47consulting.com
Our traditional Corporate Finance and Capital Market business,
run out of Dubai and the United Kingdom, has been operating in this
space for many years and is experiencing stronger and much more
stable future growth. With better strategic relationships and our
own ability to assist with funding of prospective clients, the
forecasts for this division are based on a more solid footing with
an extremely attractive pipeline and client list. GEP Equity
Holdings Limited will soon formally change its name to Argentum 47
Consulting Limited. This end of the business has had a focus on
American capital markets, we are now making allegiances with more
British Bankers and Finance Houses to be able to offer an effective
client solution both sides of the Altantic.
Argentum 47 Financial Management Limited
– www.arg47financialmanagement.com
Argentum 47 Financial Management will act as a parent company
for the acquisition of the financial advisory firms with funds
under management that will be acquired both in the United Kingdom
and South East Asia. The Company will manage the organic growth of
each entity acquired and support the back office and accounting
operations. Each new acquisition will be a fully owned
subsidiary of Argentum 47 Financial Management Limited.
The acquisition of the initial four advisory firms, managing an
aggregate of US$150 million, is now underway. The Company´s
pipeline of further target acquisitions is continually growing and
the analysis of those companies to find the most suited targets,
with a healthy margin to grow in mature markets, is being performed
by Management on a daily basis.
Kingsman James (GE Professionals DMCC)
– www.kingsmanjames.com
Our HR and Head Hunting Division has shown reasonable growth in
the first two years of its life. This year, we are expecting
further growth with their own client list however, 2018 will see a
change in the prospects for Kingsman James.
Being in the HR and Head Hunting business, this division is
perfectly placed to assist in the organic growth of our Financial
Management (Advisory) division. Our target acquisitions are
companies that have expensive clients in their book of business but
invariably not enough advisors to service those clients
effectively. Kingsman James will be putting a very lucrative offer
to the market to recruit senior financial advisors to help grow the
companies acquired by both new business and farming the existing
clients already under contract. A perfect partner for the Financial
Management division. GE Professionals DMCC will soon formally
change its name to Argentum 47 HR DMCC.
Peter Smith, CEO of Argentum 47 Inc.,
said: “We have spent almost a decade building
this business through mass economic turmoil and global changes. We
have seen the banks tighten controls beyond belief in the earlier
part of the 2010’s, historically low interest rates spurring on
high growth in blue chip capital markets, political changes in
America and a UK breakaway from Europe in Brexit. All major events
that have in some way affected how we have built our business and
forced certain changes to be adopted. As we progress now into 2018,
we have become a self-sufficient entity ring fencing ourselves to a
large degree to external factors that can have an adverse effect on
our bottom line. The acquisition program we started mid-2016 is now
working, our capital markets business is bringing better quality
clients and our recruitment division is able to better internally
supplement both divisions. In the coming year, we will
experience metamorphosis of the business and the rebranding of our
Company is just part of that, with the significant opportunities
that lay ahead in the near future.”
About Argentum 47, Inc. and Subsidiaries.
Argentum 47, Inc. (“Argentum”) is a full service Financial
Intermediary, Corporate Consultancy and Human Resources Company.
Through its wholly-owned foreign subsidiaries, it advises both
business and retail customers with their most critical decisions
and opportunities pertaining to growth, capital needs, structure
and the development of their financial plans. With offices in Dubai
and he United Kingdom, Argentum 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. Bringing business to external capital and resources, and
retail customers to a suite of secure effective financial
solutions. Furthermore, as Argentum has offices in key financial
centres of the world, they are able to introduce their clients to
the right financial partner without geographical
contrainsts.
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.
Contact details: Mr. Peter J. Smith Director and CEO of Argentum
47, Inc. Tel. + (971) 42 76 75 76 Mr. Enzo Taddei Director and CFO
of Argentum 47, Inc. Tel. + (1) 321 200 0142
Email: info@arg47.com
Web: www.arg47.com