RENO, Nev., March 6, 2013 /PRNewswire/ -- Global Equity
International Inc. (OTCQB Ticker: GEQU), a specialist consultancy
firm based in Dubai and
London has signed new consultancy
contract with Scorpion Performance Inc., a Florida based corporation, bringing in a new
long term client to the Company. The contract states that
Global Equity Partners Plc., a fully owned subsidiary and the
operational arm of GEQU, will consult with Scorpion Performance
Inc. to assist the company with a full IPO on the Dubai NASDAQ. Our
agreed fees will be cash and equity based.
Scorpion Performance Inc. is a precision manufacturer with two
distinct divisions.
- Scorpion Racing Products is the marketing and distribution
company for the automotive products that Scorpion Performance
manufactures. Scorpion Racing Products' online ecommerce web site
allows customers to buy direct.
- Scorpion Medical, Inc. manufactures precision medical
instruments and implants for the medical device industry. The
company uses its latest technology equipment to produce the highest
quality products with substantial speed and cost efficiency.
We at Global Equity International Inc. (GEQU) see Scorpion
Performance Inc. being one of the market leaders in the U.A.E. for
their medical products in particular and view the equity in
Scorpion to be a tremendous long term asset for our Company and our
shareholders. Peter Smith, CEO of
Global Equity International Inc., commented: 'We have been talking
to Scorpion Performance for many months now and we are delighted to
be able to finally put pen to paper, Scorpion have a strong,
innovative product range, great management and high ambition. We
believe Scorpion will grow to become a market leader in its field
in particular with its FDA approved medical technology."
SAFE HARBOR
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 not
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:
Enzo Taddei – CFO &
Director
Tel + 321 200 0142
Email: enzo@gepartnersplc.com
SOURCE Global Equity International Inc.