8-K 1 g7175.txt CURRENT REPORT DATED 11-22-13 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 22, 2013 GLOBAL EQUITY INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Nevada 000-54557 27-3986073 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) X3 Jumeirah Bay, Office 3305, Jumeirah Lake Towers Dubai, UAE (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: +971 (7) 204 7593 Al Habtoor Business Tower Level 28, PO Box 29805 Dubai Marina, Dubai, UAE (Former Address) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2., below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.133-4(c)) ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION. On November 29, 2013, Global Equity International, Inc. ("Company") received a loan in the amount of $450,000 from Mr. Jason St. Pierre, a resident of the United Kingdom and the Company issued a Convertible Note due on November 21, 2014 ("Convertible Note"). The Convertible Note will bear interest at the rate of 10% per annum until maturity. The Convertible Note may be converted into shares of the Issuer's common stock at a conversion price of $.50 per share at the option of the holder of the Convertible Note. If the Convertible Note is not paid in full or converted into common stock of the Issuer prior to its maturity date, then the Convertible Note will accrue interest at the rate of 4.5% per annum from the maturity date until paid in full. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits: Exhibit No. Description of Exhibit ----------- ---------------------- 10.1 Convertible Note, dated November 22, 2013, made by Global Equity International, Inc. and payable to Mr. Jason St. Pierre. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 29, 2013 GLOBAL EQUITY INTERNATIONAL, INC. By: /s/ Enzo Taddei ------------------------------------- Enzo Taddei Chief Financial Officer 2 EXHIBIT INDEX Exhibit No. Description of Exhibit ----------- ---------------------- 10.1 Convertible Note, dated November 22, 2013, made by Global Equity International, Inc. and payable to Mr. Jason St. Pierre.