DUBAI, UAE, April 02, 2018 (GLOBE 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.