Statement of Beneficial Ownership (sc 13d)
September 02 2015 - 3:48PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GLOBAL EQUITY INTERNATIONAL, INC.
(Name of Issuer)
Common Stock, $.001 Par Value
(Title of Class of Securities)
37952E 109
(CUSIP Number)
PATRICK V. DOLAN
24 Harthill Road
Liverpool L18 6LY
United Kngdom
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 27, 2015
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
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CUSIP NO. 37952E 109 Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Patrick V. Dolan
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6 CITZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
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7 SOLE VOTING POWER
47,784,404 shares of Common Stock
NUMBER OF ---------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 47,784,404 shares of Common Stock
PERSON ---------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
47,784,404 shares of Common Stock
--------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
--------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.35% of Common Stock
--------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------
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SCHEDULE 13D
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CUSIP NO. 37952E 109 Page 3 of 5 Pages
-------------------- -----------------
ITEM 1. SECURITY AND ISSUER
This statement relates to the Common Stock, $.001 par value, of Global Equity
International, Inc., a Nevada corporation ("Issuer"). The address of Issuer's
principal office is X3 Jumeirah Bay, Office 3305, Jumeirah Lake Towers, Dubai,
UAE.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name
Patrick V. Dolan
(b) Business Address
24 Harthill Road
Liverpool L18 6LY
United Kngdom
(c) Present Principal Occupation
Business Development Officer and a Director of Global Equity
International, Inc.
(d) During the last five years, Mr. Dolan has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, Mr. Dolan has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which either of them was or is subject to
a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
(f) Citizenship
United Kingdom
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Mr. Dolan converted $118,199.32 of debt owed to him by the Issuer for accrued
salary into 46,951,071 shares of restricted Common Stock.
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SCHEDULE 13D
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CUSIP NO. 37952E 109 Page 4 of 5 Pages
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ITEM 4. PURPOSE OF TRANSACTION
All of shares described in Item 3, above, were acquired for investment purposes
by Mr. Dolan, who at the time of the acquisition of the shares had no plans or
proposals that relate to or would result in:
(a) The acquisition by any person of additional securities of Issuer or
the disposition of securities of Issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving Issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of assets of Issuer or any of
its subsidiaries;
(d) Any change in the present board of directors or management of Issuer,
including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;
(e) Any material change in the present capitalization or dividend policy
of Issuer;
(f) Any other material change in Issuer's business or corporate structure;
(g) Changes in Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of Issuer by any person;
(h) Causing a class of securities of Issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities
association;
(i) A class of equity securities of Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act;
or
(j) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Aggregate Number and Percentage of Securities
According to the most recently available information, there are
approximately 752,383,629 shares of Issuer's Common Stock outstanding.
Mr. Dolan beneficially owns 47,784,404 shares of Issuer's Common Stock
or approximately 6.35% of Issuer's issued and outstanding Common
Stock.
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SCHEDULE 13D
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CUSIP NO. 37952E 109 Page 5 of 5 Pages
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(b) Power to Vote and Dispose
Mr. Dolan has sole power to vote, or to direct the voting of, and the
sole power to dispose or to direct the disposition of the 47,784,404
shares of the Issuer's Common Stock owned directly by Mr. Dolan.
(c) Transactions within the Past 60 Days
Aside from the conversion of $118,199.32 in debt due to Mr. Dolan by
the Issuer for accrued salary in exchange for 46,951,071 shares of
Issuer's Common Stock on August 27, 2015, Mr. Dolan has not engaged in
any transactions in common stock of Issuer during the past sixty days.
(d) Certain Rights of Other Persons
Not applicable.
(e) Date Reporting Person Ceased to be the Beneficial Owner of More Than
Five Percent of the class of securities, if applicable
Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
SPECIAL NOTE:
Please direct any questions you may have about this filing to my attorney, David
E. Wise, Esq., 9901 IH-10 West, Suite 800, San Antonio, Texas 78230. Tel.: (210)
558-2858.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
August 31, 2015
-----------------------------------
(Date)
/s/ Patrick V. Dolan
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Signature
Patrick V. Dolan
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Name
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