UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

WASHINGTON,
D.C. 20549










FORM
10-Q



[X]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the quarterly period ended June 30, 2014



or



[  ]
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



FOR
THE TRANSITION FROM ______ TO ______.



Commission
File Number: 000-54557










GLOBAL
EQUITY INTERNATIONAL, INC.



(Exact
name of registrant as specified in its charter)



|Nevada                                                                                                                  |  | 27-3986073                                                                                   
|----------------------------------------------------------------------------------------------------------------------- |  | ---------------------------------------------------------------------------------------------
|(State
    or other Jurisdiction of Incorporation or Organization)                                                      |  | (I.R.S.
                                         Employer
        Identification
        No.)
|                                                                                                                        |  |                                                                                              
|X3
                                         Jumeirah Bay, Office 3305,
        Jumeirah
        Lake Towers, Dubai, UAE |  |                                                                                              
|(Address
    of principal executive offices)                                                                            |  | (Zip
    code)                                                                               



Registrant’s
telephone number: +971 (7) 204 7593



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes [X]No [  ]



Indicate
by check mark whether the registrant has submitted electronically and posted on its Website, if any, every Interactive Data File
required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this chapter) during the preceding
12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [  ]



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.



|Large
    accelerated filer [  ] | Accelerated
    filer [  ]       
|-------------------------------- | ---------------------------------
|Non-accelerated
    filer [  ]   | Smaller
    reporting company [X]



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ]No [X]



APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS

DURING
THE PRECEDING FIVE YEARS



Indicate
by check mark whether the registrant filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Exchange
Act after the distribution of securities under a plan confirmed by a court. Yes [  ]No [  ]



APPLICABLE
ONLY TO CORPORATE ISSUERS



State
the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: As
of August 13, 2014, there were 32,659,418 outstanding shares of the Registrant’s Common Stock, $.001 par value.


















INDEX



|                                                                                                  |  | Page
|------------------------------------------------------------------------------------------------- |  | ----
|PART
    I – FINANCIAL INFORMATION                                                                |  | F-1 
|                                                                                                  |  |     
|Item
    1. Financial Statements.                                                                 |  | F-1 
|                                                                                                  |  |     
|Notes
    to Financial Statements (Unaudited)                                                     |  | F-5 
|                                                                                                  |  |     
|Item
    2. Management’s Discussion and Analysis of Financial Condition and Results of Operations |  | 3   
|                                                                                                  |  |     
|Item
    3. Quantitative and Qualitative Disclosures about Market Risk                            |  | 9   
|                                                                                                  |  |     
|Item
    4. Controls and Procedures                                                               |  | 9   
|                                                                                                  |  |     
|PART
    II – OTHER INFORMATION                                                                   |  | 10  
|                                                                                                  |  |     
|Item
    1. Legal Proceedings.                                                                    |  | 10  
|                                                                                                  |  |     
|Item
    1A. Risk Factors                                                                         |  | 10  
|                                                                                                  |  |     
|Item
    2. Unregistered Sales of Equity Securities and Use of Proceeds                           |  | 10  
|                                                                                                  |  |     
|Item
    3. Defaults Upon Senior Securities                                                       |  | 11  
|                                                                                                  |  |     
|Item
    4. Mine Safety Disclosure                                                                |  | 11  
|                                                                                                  |  |     
|Item
    5. Other Information.                                                                    |  | 11  
|                                                                                                  |  |     
|Item
    6. Exhibits                                                                              |  | 11  
|                                                                                                  |  |     
|SIGNATURES                                                                                        |  | 13  



2







PART
I – FINANCIAL INFORMATION



Item
1. Financial Statements.



Global
Equity International, Inc. and Subsidiary

Consolidated
Financial Statements

June
30, 2014

(Unaudited)



CONTENTS



|                                                                                                                                     |  | Page(s)
|------------------------------------------------------------------------------------------------------------------------------------ |  | -------
|                                                                                                                                     |  |        
|Consolidated
    Balance Sheets – June 30, 2014 (unaudited) and December 31, 2013                                                    |  | F-2    
|                                                                                                                                     |  |        
|Consolidated
    Statements of Operations for the three and six months ended June 30, 2014 (unaudited) and June 30, 2013 (unaudited) |  | F-3    
|                                                                                                                                     |  |        
|Consolidated
    Statements of Cash Flows for the six months ended June 30, 2014 (unaudited) and June 30, 2013 (unaudited)           |  | F-4    
|                                                                                                                                     |  |        
|Notes
    to Consolidated Financial Statements (unaudited)                                                                           |  | F-5    



F-1







Global
Equity International, Inc. and Subsidiary

Consolidated
Balance Sheets (Unaudited)

For
the interim period ended June 30, 2014 and the year ended December 31, 2013



|                                                                                                                                                                                                                                            |  | June 30, 2014 |            |   | December 31, 2013 |  
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------- | ---------- | - | ----------------- | -
|Assets                                                                                                                                                                                                                                      |  |               |            |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Current Assets                                                                                                                                                                                                                              |  |               |            |   |                   |  
|Cash                                                                                                                                                                                                                                        |  | $             | 4,058      |   |                   | $
|Accounts receivable                                                                                                                                                                                                                         |  |               | 2,520      |   |                   |  
|Prepaids                                                                                                                                                                                                                                    |  |               | 28,653     |   |                   |  
|Other current assets                                                                                                                                                                                                                        |  |               | 452,201    |   |                   |  
|Loans receivable                                                                                                                                                                                                                            |  |               | 6,000      |   |                   |  
|Total current assets                                                                                                                                                                                                                        |  |               | 493,432    |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Investment, cost                                                                                                                                                                                                                            |  |               | 5,000      |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Fixed assets, net                                                                                                                                                                                                                           |  |               | 6,840      |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Total assets                                                                                                                                                                                                                                |  | $             | 505,272    |   |                   | $
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Liabilities, Redeemable Preferred Stock and
    Stockholders’ Deficit                                                                                                                                                                       |  |               |            |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Current Liabilities                                                                                                                                                                                                                         |  |               |            |   |                   |  
|Deferred revenue                                                                                                                                                                                                                            |  | $             | 31,000     |   |                   | $
|Accounts payable and accrued liabilities                                                                                                                                                                                                    |  |               | 46,894     |   |                   |  
|Accounts payable - related parties                                                                                                                                                                                                          |  |               | 356,395    |   |                   |  
|Loans payable - related party                                                                                                                                                                                                               |  |               | 57,894     |   |                   |  
|Accrued interest                                                                                                                                                                                                                            |  |               | 308,198    |   |                   |  
|Notes payable - net of unamortized discount of
    $113,604 and $25,858 respectively                                                                                                                                                        |  |               | 1,178,742  |   |                   |  
|Total current liabilities                                                                                                                                                                                                                   |  |               | 1,979,123  |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Long term liabilities                                                                                                                                                                                                                       |  |               |            |   |                   |  
|Convertible loan payable - related party                                                                                                                                                                                                    |  |               | 324,475    |   |                   |  
|Total long term liabilities                                                                                                                                                                                                                 |  |               | 324,475    |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Redeemable Series A, Convertible Preferred Stock: 5,000,000 shares authorized and 1,983,332 and
    5,000,000 shares issued and outstanding, respectively, $0.001 par value (redemption amount $480,000) (liquidation preference
    of $0) |  |               | 1,020,000  |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Stockholders’ Deficit                                                                                                                                                                                                                       |  |               |            |   |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Common stock: 70,000,000 shares authorized; $0.001 par value 32,005,918 and 31,044,202 shares
    issued and outstanding, respectively.                                                                                                     |  |               | 32,006     |   |                   |  
|Additional paid in capital                                                                                                                                                                                                                  |  |               | 2,786,767  |   |                   |  
|Stock payable                                                                                                                                                                                                                               |  |               | 82,850     |   |                   |  
|Accumulated deficit                                                                                                                                                                                                                         |  |               | (5,719,949 | ) |                   |  
|Total stockholders’ deficit                                                                                                                                                                                                                 |  |               | (2,818,326 | ) |                   |  
|                                                                                                                                                                                                                                            |  |               |            |   |                   |  
|Total liabilities, redeemable preferred stock & stockholders’
    deficit                                                                                                                                                                   |  | $             | 505,272    |   |                   | $



The
accompanying notes are an integral part of these consolidated financial statements.



F-2







Global
Equity International, Inc. and Subsidiary

Consolidated
Statements of Operations

For
the three and six months period ended June 30, 2014 and June 30, 2013 (Unaudited)



|                                                             |  | Three Months  |            |   | Three Months  |   |            | Six Months    |  |   | Six Months    |  
|------------------------------------------------------------ |  | ------------- | ---------- | - | ------------- | - | ---------- | ------------- |  | - | ------------- | -
|                                                             |  | June 30, 2014 |            |   | June 30, 2013 |   |            | June 30, 2014 |  |   | June 30, 2013 |  
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Revenue                                                      |  | $             | 193,750    |   |               | $ | -          |               |  | $ | 346,000       |  
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|General and administrative expenses                          |  |               | 50,959     |   |               |   | 53,384     |               |  |   | 96,200        |  
|Salaries                                                     |  |               | 222,783    |   |               |   | 120,000    |               |  |   | 387,718       |  
|Professional services                                        |  |               | 63,665     |   |               |   | 217,230    |               |  |   | 100,433       |  
|Depreciation                                                 |  |               | 506        |   |               |   | 333        |               |  |   | 977           |  
|Impairment of financial assets                               |  |               | -          |   |               |   | 160,000    |               |  |   | -             |  
|Total operating expenses                                     |  |               | 337,912    |   |               |   | 550,947    |               |  |   | 585,328       |  
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Net loss from operations                                     |  |               | (144,162   | ) |               |   | (550,947   | )             |  |   | (239,328      | )
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Other income (expenses):                                     |  |               |            |   |               |   |            |               |  |   |               |  
|Interest (expense)                                           |  |               | (136,533   | ) |               |   | (936       | )             |  |   | (258,651      | )
|Amortization of debt discount                                |  |               | (20,369    | ) |               |   | (8,212     | )             |  |   | (25,858       | )
|Gain on settlement of debt                                   |  |               | 16,560     |   |               |   | 13,200     |               |  |   | 16,560        |  
|Exchange rate gain / (loss)                                  |  |               | (153       | ) |               |   | -          |               |  |   | (153          | )
|Total income (expenses)                                      |  |               | (140,495   | ) |               |   | 4,052      |               |  |   | (268,102      | )
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Net loss                                                     |  | $             | (284,657   | ) |               | $ | (546,895   | )             |  | $ | (507,429      | )
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Weighted average number of common shares outstanding - basic |  |               | 31,650,948 |   |               |   | 30,626,540 |               |  |   | 31,526,843    |  
|                                                             |  |               |            |   |               |   |            |               |  |   |               |  
|Net loss per common share - basic                            |  | $             | (0.01      | ) |               | $ | (0.02      | )             |  | $ | (0.01         | )



The
accompanying notes are an integral part of these consolidated financial statements.



F-3







Global
Equity International Inc. And Subsidiary

Consolidated
Statements of Cash Flows

For
the six months period ended June 30, 2014 and June 30, 2013 (Unaudited)



|                                                                           |  | June 30, 2014 |          |   | June 30, 2013 |  
|-------------------------------------------------------------------------- |  | ------------- | -------- | - | ------------- | -
|                                                                           |  |               |          |   |               |  
|Cash flows from operating activities                                       |  |               |          |   |               |  
|Net loss                                                                   |  | $             | (507,429 | ) |               | $
|                                                                           |  |               |          |   |               |  
|Adjustments to reconcile net loss to net cash used in operating activities |  |               |          |   |               |  
|                                                                           |  |               |          |   |               |  
|Gain on settlement of debt                                                 |  |               | (16,560  | ) |               |  
|Consulting revenues received in marketable securities                      |  |               | -        |   |               |  
|Depreciation                                                               |  |               | 977      |   |               |  
|Common stock issued for services rendered                                  |  |               | 8,250    |   |               |  
|Common stock issued for interest                                           |  |               | 65,785   |   |               |  
|Amortization of debt discount                                              |  |               | 25,858   |   |               |  
|Impairment of financial assets                                             |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Changes in operating assets and liabilities:                               |  |               |          |   |               |  
|Prepaids, cash                                                             |  |               | 5,146    |   |               |  
|Accrued interest                                                           |  |               | 191,667  |   |               |  
|Accounts payable and accrued liabilities                                   |  |               | 24,466   |   |               |  
|Accounts payable - related parties                                         |  |               | 164,342  |   |               |  
|Deferred revenue                                                           |  |               | (216,000 | ) |               |  
|Accounts receivable                                                        |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Net cash used in operating activities:                                     |  |               | (253,498 | ) |               |  
|                                                                           |  |               |          |   |               |  
|Cash Flows used in investing activities:                                   |  |               |          |   |               |  
|Loans given to non-affiliate                                               |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Net cash used in investing activities                                      |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Cash flows from financing activities:                                      |  |               |          |   |               |  
|Proceeds from loans - related parties                                      |  |               | 700      |   |               |  
|Convertible loan payable                                                   |  |               | 208,000  |   |               |  
|Repayment of notes payable                                                 |  |               | -        |   |               |  
|Proceeds from issuance of common stock                                     |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Net cash provided by financing activities                                  |  |               | 208,700  |   |               |  
|                                                                           |  |               |          |   |               |  
|Net change in cash                                                         |  |               | (44,798  | ) |               |  
|                                                                           |  |               |          |   |               |  
|Effect of Exchange Rates on Cash                                           |  |               | -        |   |               |  
|                                                                           |  |               |          |   |               |  
|Cash at Beginning of Period                                                |  |               | 48,856   |   |               |  
|                                                                           |  |               |          |   |               |  
|Cash at End of Period                                                      |  | $             | 4,058    |   |               | $
|                                                                           |  |               |          |   |               |  
|Supplemental disclosure of cash flow information:                          |  |               |          |   |               |  
|Cash paid for interest                                                     |  | $             | -        |   |               | $
|                                                                           |  |               |          |   |               |  
|Cash paid for income taxes                                                 |  | $             | -        |   |               | $
|                                                                           |  |               |          |   |               |  
|Supplemental disclosure of non-cash investing and financing activities:    |  |               |          |   |               |  
|                                                                           |  |               |          |   |               |  
|Accounts payable settled in shares                                         |  | $             | 8,250    |   |               | $
|Prepaid expenses paid in stock                                             |  | $             | -        |   |               | $
|Debt discount recorded on notes payable                                    |  | $             | 61,489   |   |               | $
|Conversion of balance in accounts payable - related party to loans payable |  | $             | -        |   |               | $
|Notes payable settled in shares                                            |  | $             | 32,500   |   |               | $
|                                                                          



The
accompanying notes are an integral part of these consolidated financial statements.





F-4







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



Notes
to financial statements:



Note
1 - Basis of Presentation



The
accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally
accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission
for interim financial information. Accordingly, they do not include all the information and footnotes necessary for a comprehensive
presentation of financial position, results of operations, or cash flows. It is management’s opinion, however, that all
material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement
presentation.



The
unaudited interim consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form
10K, which contains the audited financial statements and notes thereto, together with the Management’s Discussion and Analysis,
for the year ended December 31, 2013. The interim results for the period ended June 30, 2014 are not necessarily indicative of
results for the full fiscal year.



Note
2 - Nature of Operations



Global
Equity Partners, Plc. (“GEP”), a private company, was organized under the laws of the Republic of Seychelles on September
2, 2009. Global Equity International Inc. (the “Company” or “GEI”), a reporting company since June 21,
2012, was organized under the laws of the state of Nevada on October 1, 2010. On November 15, 2010, GEP executed a reverse recapitalization
with GEI.



Revenue
is generated from business consulting services, introduction fees, and equity participation.



Note
3 - Going Concern



As
reflected in the accompanying financial statements, the Company had a net loss of $284,657 and $507,429 for the three and six
months ended June 30, 2014 respectively. Net cash used in operations of $(253,498) for the six months ended June 30, 2014; and
a working capital deficit of $1,485,691 and stockholders ́ deficit of $2,818,326 as of June 30, 2014. These factors raise
substantial doubt about the Company’s ability to continue as a going concern.



The
ability of the Company to continue its operations is dependent on Management’s plans, which include the raising of capital
through debt and/or equity markets, until such time that funds provided by operations are sufficient to fund working capital requirements.
The Company may need to incur liabilities with certain related parties to sustain the Company’s existence.



The
Company expects to use its working capital to implement a marketing program to increase awareness of its business model, which
includes, but is not limited to, acquisition of private companies, with the intention of taking those companies public in the
United States and possibly dual listing those entities abroad. In the event that operating cash flows are slowed or nonexistent,
the Company plans to reduce its overhead wherever possible.



Depending
upon market conditions, the Company may not be successful in raising sufficient additional capital to achieve its business objectives.
In such event, the business, prospects, financial condition, and results of operations could be materially adversely affected
hence there is certain doubt about the Company’s ability to continue as a going concern.



The
accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization
of assets and the satisfaction of liabilities in the normal course of business. These consolidated financial statements do not
include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be
necessary should the Company be unable to continue as a going concern.



F-5







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



Note
4 - Summary of Significant Accounting Policies



Principles
of Consolidation



Global
Equity International Inc. is the parent company of its 100% subsidiary Global Equity Partners Plc. All significant inter-company
accounts and transactions have been eliminated in consolidation.



Use
of Estimates



The
preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make
estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and
liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.



Making
estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect
of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered
in formulating its estimate could change in the near term due to one or more future non confirming events. Accordingly, the actual
results could differ from those estimates.



Risks
and Uncertainties



The
Company’s operations are subject to significant risk and uncertainties including financial, operational, competition and
potential risk of business failure. The risk of social and governmental factors is also a concern since the Company is headquartered
in Dubai.



Cash



The
Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. At June
30, 2014 and at December 31, 2013 respectively; the Company had no cash equivalents.



Accounts
Receivable and Allowance for Doubtful Accounts



The
Company recognizes accounts receivable in connection with the services provided. The Company recognizes an allowance for doubtful
accounts based on an analysis of current receivables aging and expected future write-offs, as well as an assessment of specific
identifiable customer accounts considered at risk or uncollectible. At the quarter ended June 30, 2014, the Company had no bad
debt.



Marketable
Securities



|(A) | Classification
                                         of Securities
|--- | ---------------------------------------------------------------------



At
the time of the acquisition, a security is designated as held-to-maturity, available-for-sale or trading, which depends on the
ability and intent to hold such security to maturity. Securities classified as trading and available-for-sale are reported at
fair value, while securities classified as held-to-maturity are reported at amortized cost. The Company recorded unrealized loss
on marketable securities of $0 and $0 as at June 30, 2014 and December 31, 2013.



F-6







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



Cost
Method Investment



At
March 31, 2013, the Company had investment in securities of two different Companies, having a cost of $163,000 that is treated
as a cost method investment. The value of the cost method investment pertains to the receipt of 9.2% of the common stock in a
private company in which the best evidence of value was the services rendered and a further 9.86% of the common stock in another
private company in which the best evidence of value was the services rendered.



At
June 30, 2013, there were identifiable events or changes in circumstances that had a significant adverse effect on the value of
one of the investments hence the Company impaired $160,000 of the investments.



Also
at June 30, 2013, the Company received 2,000,000 shares from a private company and client having a cost of $2,000 that is treated
as a cost method investment. The value of the cost method investment pertains to the receipt of 8.55% of the common stock in a
private company in which the best evidence of value was the services rendered.



Equity
investment in companies is accounted for under the cost method as the equity investments do not have readily determinable fair
values. As per ASC codification 320 “Certain Investments in Debt and Equity Securities”, non-marketable equity securities
that do not have a readily determinable fair value are not required to be accounted for under the equity method and are typically
carried at cost.



|(B) | Other
                                         than Temporary Impairment
|--- | ------------------------------------------------------------------------



The
Company reviews its equity investment portfolio for any unrealized losses that would be deemed other-than-temporary and require
the recognition of an impairment loss in income. If the cost of an investment exceeds its fair value, the Company evaluates, among
other factors, general market conditions, the duration and extent to which the fair value is less than cost, and the Company’s
intent and ability to hold the investments. Management also considers the type of security, related-industry and sector performance,
as well as published investment ratings and analyst reports, to evaluate its portfolio. Once a decline in fair value is determined
to be other than temporary, an impairment charge is recorded and a new cost basis in the investment is established. If market,
industry, and/or investee conditions deteriorate, the Company may incur future impairments. The Company did not carry out any
impairments during the quarter ended June 30, 2014.



Beneficial
Conversion Feature



For
conventional convertible debt where the rate of conversion is below market value, the Company records a “beneficial conversion
feature” (“BCF”) and related debt discount.



When
the Company records a BCF, the relative fair value of the BCF would be recorded as a debt discount against the face amount of
the respective debt instrument. The discount would be amortized to interest expense over the life of the debt.



Debt
issue costs and debt discount



The
Company may pay debt issue costs, and record debt discounts in connection with raising funds through the issuance of convertible
debt. These costs are amortized over the life of the debt to interest expense. If a conversion of the underlying debt occurs,
a proportionate share of the unamortized amounts is immediately expensed.



F-7







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



Original
issue discount



For
certain convertible debt issued, the Company provides the debt holder with an original issue discount. The original issue discount
is recorded to debt discount, reducing the face amount of the note and is amortized to interest expense over the life of the debt.



Fixed
Assets



Fixed
Assets are to be stated at cost of acquisition less accumulated depreciation. Depreciation is provided based on estimated useful
lives of the assets. Cost of improvements that substantially extend the useful lives of assets can be capitalized. Repairs and
maintenance expenses are to be charged to expense when incurred. In case of sale or disposal of an asset, the cost and related
accumulated depreciation are removed from the consolidated financial statement.



|                         |  | June 30, 2014 |        |   | December 31, 2013 |  
|------------------------ |  | ------------- | ------ | - | ----------------- | -
|Office equipment         |  | $             | 9,316  |   |                   | $
|Accumulated depreciation |  | $             | (2,476 | ) |                   | $
|                         |  |               |        |   |                   |  
|Net fixed assets         |  | $             | 6,840  |   |                   | $



During
the six months ended June 30, 2014 and June 30, 2013, the Company expensed $977 and $662 respectively for depreciation.



Revenue
Recognition



We
recognize revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2)
the product or service has been provided to the customer; (3) the amount of fees to be paid by the customer is fixed or determinable;
and (4) the collection of our fees is probable.



The
Company’s services do not include a provision for cancellation, termination, or refunds.



For
the six months ended June 30, 2014 and June 30, 2013 the Company received cash only as consideration for services rendered.



At
June 30, 2014 and June 30, 2013, the Company had the following concentrations of accounts receivables with customers:



|Customer |  |  | June
    30, 2014 |     |   | June
    30, 2013 | 
|-------- |  |  | ----------------- | --- | - | ----------------- | 
|         |  |  |                   |     |   |                   | 
|ACI      |  |  |                   | 100 | % |                   | 
|         |  |  |                   | 100 | % |                   | 



F-8







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



For
the three months ended June 30, 2014 and June 30, 2013, the Company had the following concentrations of revenues with customers:



|Customer |  |  | June
    30, 2014 |     |   | June
    30, 2013 | 
|-------- |  |  | ----------------- | --- | - | ----------------- | 
|         |  |  |                   |     |   |                   | 
|ACI      |  |  |                   | 0   | % |                   | 
|         |  |  |                   |     |   |                   | 
|PCI      |  |  |                   | 15  | % |                   | 
|         |  |  |                   |     |   |                   | 
|STV      |  |  |                   | 13  | % |                   | 
|         |  |  |                   |     |   |                   | 
|SAC      |  |  |                   | 72  | % |                   | 
|         |  |  |                   |     |   |                   | 
|         |  |  |                   | 100 | % |                   | 



The
company currently holds the following equity securities in private and also reporting companies:



|Company                          |  | No. Shares |            |  | Status
|-------------------------------- |  | ---------- | ---------- |  | ------
|                                 |  |            |            |  |       
|M1 Lux AG                        |  |            | 2,000,000  |  |       
|Monkey Rock Group Inc.           |  |            | 1,500,000  |  |       
|Voz Mobile Cloud Limited         |  |            | 3,200,000  |  |       
|Arrow Cars International Inc.    |  |            | 3,000,000  |  |       
|Direct Security Integration Inc. |  |            | 2,000,000  |  |       
|                                 |  |            | 11,700,000 |  |       



Deferred
Revenue



Deferred
revenue represents fees that have been received by the Company for requested services that have not been substantially completed.
During the year ended December 31, 2013, the Company received $307,000 from two clients for service to be rendered during the
year 2013 and 2014. At June 30, 2014, the Company recognized $216,000 ($60,000 at December 31, 2013) of this deferred revenue
as revenue; leaving a deferred revenue balance of $31,000.



Share-based
payments



The
Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants at their
fair value on the grant date, which is based on the estimated number of awards that are ultimately expected to vest.



Share
based payments, excluding restricted stock, are valued using a Black-Scholes pricing model. Share based payment awards issued
to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the
share-based payment, whichever is more readily determinable. The grants are amortized on a straight-line basis over the requisite
service periods, which is generally the vesting period.



F-9







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



When
computing fair value, the Company considered the following variables:





| | ● | The risk-free interest
    rate assumption is based on the U.S. Treasury yield for a period consistent with the expected term of the share based payment
    in effect at the time of the grant.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                                                                 
| | ● | The expected term
    was developed by management estimate.                                                                                                                                     
| |   |                                                                                                                                                                                                 
| | ● | The Company has
    not paid any dividends on common stock since inception and does not anticipate paying dividends on its common stock in the
    near future.                                 
| |   |                                                                                                                                                                                                 
| | ● | The expected volatility
    is based on management estimates regarding private company stock, where future trading of stock in a public market is expected
    to be highly volatile.           
| |   |                                                                                                                                                                                                 
| | ● | The forfeiture rate
    is based on historical experience.                                                                                                                                      









Income
Taxes



Income
taxes are accounted for under the asset and liability method. Deferred income tax assets and liabilities are recognized for the
future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities
and their respective tax bases, and operating loss carry-forwards. Deferred income tax assets and liabilities are measured using
enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered
or settled. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period
that includes the enactment date. A valuation allowance is provided to reduce the carrying amount of deferred income tax assets
if it is considered more likely than not that some portion, or all, of the deferred income tax assets will not be realized.



Earnings
per Share



Basic
earnings (loss) per share are computed by dividing net income (loss) by weighted average number of shares of common stock outstanding
during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number
of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period.



The
Company has no common stock equivalents, which, if exercisable, would be dilutive. A separate computation of diluted earnings
(loss) per share is not presented.



Fair
Value of Financial Assets and Liabilities



The
carrying amounts reflected in the balance sheets for cash, accounts payable and accrued expenses approximate the respective fair
values due to the short maturities of these items. The Company does not hold any investments that are available-for-sale.



As
required by the Fair Value Measurements and Disclosures Topic of the FASB ASC, fair value is measured based on a three-tier fair
value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted
prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly
or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity
to develop its own assumptions.



F-10







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



The
three levels of the fair value hierarchy are described below:



Level
1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets
or liabilities;



Level
2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially
the full term of the asset or liability;



Level
3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable
(supported by little or no market activity).



Loans
to Third Parties



On
March 22, 2013 the Company granted a loan to Dreamscapes Properties International Inc. The principal amount lent was $6,000, the
agreed interest rate was 5% per annum and finally, the loan would have to be repaid no later than one year from the date that
the loan was granted. This loan is currently in default, the Company plans to speak to Dreamscapes Properties International Inc.
with a view to discuss a payment plan over the next 6 months.



Recent
Accounting Pronouncements



There
are no new accounting pronouncements that have any impact on the Company’s financial statements.



Note
5 - Debt



|(A) | Related
                                         Party – short term
|--- | -------------------------------------------------------------------



The
Company received loans from related parties. The loans are non-interest bearing, unsecured and due on demand. The following table
represents the loans payable activity as of June 30, 2014 and as of December 31, 2013 respectively:



|Loans payable – related party – December 31, 2013 |  | $ | 57,194 | 
|------------------------------------------------- |  | - | ------ | 
|Proceeds from loans                               |  |   | 700    | 
|Repayments                                        |  |   | -      | 
|Loans payable – related party – June 30,
    2014 |  | $ | 57,894 | 



|(B) | Related
                                         party – long term
|--- | ------------------------------------------------------------------



The
Company has accrued salary to the officers and directors of the Company based on the terms of the employment agreements entered
into with each officer. As at June 30, 2014, $209,475 was due to the Chief Executive Officer and $115,000 was due to the Chief
Financial Officer. During the quarter ended March 31, 2013, the Company converted this amount to Convertible Loan Payable. This
amount will be advanced for a term of two years and is repayable on demand and will accrue interest at 10% on the loan period.
The agreement also gives an option to the officers of the Company to convert all or part of the debt that the Company maintains
with them into restricted shares at $1.20 per share. The balance outstanding in the Loan Payable account as at June 30, 2014 is
$324,475. The accrued interest payable at June 30, 2014 amounted to $40,560. The Company assessed if there is a beneficial conversion
feature cost associated with this transaction, none was noted.



F-11







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



|(C) | Notes
                                         payable
|--- | ------------------------------------------------------



On
June 4, 2013, the Company secured a twelve month convertible loan for $50,000 with the understanding that the Company will issue
10,000 common restricted shares in lieu of interest, these shares are not issued as of June 30, 2014 and is accounted for as Stock
Payable. The terms of the conversion will be either a $0.50 conversion price or a 25% discount to market based on an average price
calculated on the 10 trading days prior to the conversion date, whichever is the lowest. On August 8, 2014 it was mutually agreed
to convert this convertible loan into a payment on account for services to be rendered in Dubai in the near future.



On
September 9, 2013, the Company secured a nine month convertible loan for $32,500 with an 8% interest rate due on June 11, 2014.
The terms of the conversion will be a 42% discount to market based on an average price calculated on the 10 trading days prior
to the conversion date. If the Company opts to pay the loan back on or before the 9 month period ends, hence not converting the
debt into equity; borrower shall make payment to the holder of an amount in cash (the “Optional Prepayment Amount”)
equal to 130% of total amount due inclusive of principal and interest accrued. On March 17, 2014 the Company decided to allow
this funder to convert $12,000 of this debt in common stock at $0.0406 per share. On April 1, 2014 the Company decided to allow
this funder to convert the rest of this debt in common stock at $0.0435 per share



On
October 9, 2013, the Company secured a two month loan for GBP 75,000 (equivalent to $120,420) with the understanding that the
Company will issue 10,000 common restricted shares, issued to the lender on December 7, 2013, and also repay 35,000 GBP (equivalent
to $56,196) in lieu of interest. As the principal and interest was not paid back to the lender on time. The Company compensated
the lender with an additional 20,000 common restricted shares and for this the lender agreed to five month extension. This stock
compensation as issued to the lender also on December 12, 2013. On February 27, 2014, the Company agreed to pay an extra $50,000
of interest in order to avoid defaulting on the loan. It was mutually agreed that the capital and the interest would be paid once
the $3,540,000 loan, applied for on December 9, 2013, from the United Kingdom financial institution was granted.



On
October 17, 2013, the Company secured a three month bridge loan for 200,000 GBP (equivalent to $319,598) with the agreement to
repay the principle plus 5% per month interest on or before January 18, 2014.



On
November 29, 2013, the Company received a loan in the amount of $450,000 from United Kingdom resident and subsequently the Company
issued a Convertible Note due on November 25, 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 Company 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. This $450,000 loan was used as a guarantee for a loan
amounting to $3,540,000 applied for to a United Kingdom financial institution on December 9, 2013. At June 30, 2014 the loan had
still not been approved due to technical reasons solely related to the lender. On August 8, 2014 the lender had confirmed that
the Company would be able to commence drawing down on the loan from August 15, 2014 onwards.



On
April 1, 2014, the Company received a $53,000 a nine month convertible loan that was signed on March 6, 2014. The loan carried
an 8% interest rate and will due on December 10, 2014. The terms of the conversion will be a 42% discount to market based on an
average price calculated on the 10 trading days prior to the conversion date. If the Company opts to pay the loan back on or before
the 9 month period ends, hence not converting the debt into equity; borrower shall make payment to the holder of an amount in
cash equal to 130% of total amount due inclusive of principal and interest accrued.



On
April 1, 2014 the Company agreed issue stock at in order to pay off the rest of the note signed on September 9, 2013 ($20,500
plus the $1,300 of accrued interest).



F-12







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



On
May 1, 2014, the Company secured two 12 month convertible loans for $50,000 each with an 8% interest rate due on May 1, 2015.
The terms of the conversion were agreed at a 40% discount to market based on an average price of the two lowest bids on the 20
trading days prior to the conversion date. If the Company opts to pay the loan back on or before 90 days after the loans were
granted, hence not converting the debt into equity; borrower shall make payment to the holders of an amount in cash equal to 130%
of total amount due inclusive of principal and interest accrued. If the Company opts to pay the loan back on or before 180 days
after the loans were granted, hence not converting the debts into equity; borrower shall make payment to the holders of an amount
in cash equal to 140% of total amount due inclusive of principal and interest accrued. The company also agreed a two collateralized
secured promissory notes (backend notes) under the same terms for a further $50,000 from each lender within six months of the
first loans. This loan is not convertible unless the total amount, $100,000, is received as per both of the notes payable agreements.



On
June 12 2014, the Company and an investor entered into a two year $250,000 convertible promissory note with an original issue
discount of $25,000. The terms of this convertible note were $55,000 upon closing, an 8% interest rate per annum or 0% interest
if the note was to be paid back within 90 days of the issuance of the note. The terms of the conversion were agreed at the lesser
of $0.30 or a 40% discount to market based on an average price of the lowest bids on the 25 trading days prior to the conversion
date.



The
amounts paid to acquire the debt financing have been treated as a debt discount hence at June 30, 2013 the Company recorded debt
discount of $61,489. This will be amortized over the life of the respective loans. During the six months ended June 30, 2014 and
June 30, 2013, the Company amortized $25,858 and $8,212.



|(D) | Accounts
                                         payable – related parties
|--- | ---------------------------------------------------------------------------



The
following table represents the accounts payable to related parties as of March 31, 2014 and December 31, 2013, respectively:



|         |  | June
    30, 2014 |         |  | December
    31, 2013 |  
|-------- |  | ----------------- | ------- |  | --------------------- | -
|         |  |                   |         |  |                       |  
|Salaries |  |                   | 356,395 |  |                       |  
|Expenses |  |                   | -       |  |                       |  
|         |  | $                 | 356,395 |  |                       | $



As
discussed in note no. 5(B), the Company converted $324,475 of related party accounts payable into a convertible loan during the
six months ended June 30, 2014.



Note
6 - Temporary Equity and Stockholders’ Equity



|(A) | Preferred
                                         Stock
|--- | --------------------------------------------------------



On
November 30, 2011, the Company authorized and designated 5,000,000 Series “A” convertible preferred shares of stock,
as a bonus to its Chief Executive Officer for services rendered, having a fair value of $480,000 ($0.096/share), based upon the
fair value of the services rendered, which represented the best evidence of fair value.



On
November 13, 2012, the Company’s board of directors approved an amendment to the Certificate of Designation; to amend the
voting rights and conversion rights of the Company’s Series “A” preferred shares as follows:



| | ● | Voting
    Rights: 10 votes per share (votes along with common stock);                                                                                           
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                                  
| | ● | Conversion
    Rights: Each share of Series “A” Preferred is convertible into ten (10) shares of common stock 1 day after the
    second anniversary of issuance;
| |   |                                                                                                                                                                  
| | ● | Dividend
    Rights: None;                                                                                                                                       
| |   |                                                                                                                                                                  
| | ● | Liquidation
    Rights: None                                                                                                                                     



F-13







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



The
board of directors subsequently agreed that the Chief Executive Officer of the Company would retire to treasury 3,466,668 of these
Series “A” preferred shares and retain, the balance, 1,533,332 shares.



On
November 21, 2012 the Company’s CEO gave 533,332 of his Series “A” preferred shares to the Company’s CFO
(400,000) and two other employees (133,332). As the 533,332 preferred shares will convert into 5,333,320 on December 1, 2014 and
the price per common share on November 21, 2012 was $0.25, the contribution by the officer to the Company was calculated at $1,333,330.



On
December 12, 2013 the Company issued 450,000 Series “A” preferred shares to the Company’s CFO (200,000), CEO
(200,000) and one employee (50,000) having a fair value of $540,000 ($0.12 per share), based upon the fair value of the services
rendered, which represented the best evidence of fair value.



The
Company has determined that no beneficial conversion feature or derivative financial instruments exist in connection with the
Series “A”, convertible preferred stock, as the conversion rate was fixed at an amount equal to the market price of
the Company’s common stock. Additionally, there are a stated number of fixed shares.



Redeemable
Preferred Stock



Under
Regulation S-X, Rule 5-02-28, preferred stock must be classified outside of stockholders’ equity when the stock is:



| | ● | Redeemable
    at a fixed or determinable price on a fixed or determinable date,
| | - | --------------------------------------------------------------------------------
| |   |                                                                                 
| | ● | Redeemable
    at the option of the holder, or                                  
| |   |                                                                                 
| | ● | Redeemable
    based on conditions outside the control of the issuer.           



The
Series “A”, convertible preferred stock is redeemable on December 1, 2014 and it is presented on the balance sheets
as “Redeemable Preferred Stock” in a manner consistent with temporary equity. There are no other features associated
with this class of redeemable preferred stock, which require disclosure. The carrying amount and redemption amount is $1,020,000.
There are no redemption requirements.



|(B) | Common
                                         Stock
|--- | -----------------------------------------------------



During
the six months ended June 30, 2014 the Company issued the following shares:



|Date      |  |  | Type                             |  | Shares |         |  | Valuation |   |         | Range
    of value per share | 
|--------- |  |  | -------------------------------- |  | ------ | ------- |  | --------- | - | ------- | ---------------------------- | 
|3/17/2014 |  |  | Stock issued for payment of debt |  |        | 295,567 |  |           | $ | 12,000  |                              | 
|4/01/2014 |  |  | Stock issued for payment of debt |  |        | 501,149 |  |           | $ | 109,819 |                              | 
|4/22/2014 |  |  | Stock issued for services        |  |        | 165,000 |  |           | $ | 8,250   |                              | 
|          |  |  | Totals                           |  |        | 961,716 |  |           | $ | 130,069 |                              | 



F-14







Global
Equity International, Inc. and Subsidiary

June
30, 2014

(Unaudited)



|(C) | Stock
                                         payable
|--- | ------------------------------------------------------



On
April 24, 2013, the Company entered into a consulting agreement with Robert Sullivan. As per the agreement the Company will be
issuing 150,000 restricted shares to the consultant. The agreement also stipulates a condition where the Company guarantees a
minimal value of $100,000 at the time of legend removal and any shortfall will be taken care of by issuance of additional shares.
As of the date of the agreement the shares are valued at $43,500. As of June 30, 2014 $77,350 was recorded as stock payable.



On
June 4, 2013, the Company received $50,000 from Direct Securities Integration, Inc in pursuance of a notes payable agreement.
The agreement stipulates a condition for the payment of 10,000 shares in lieu of interest on the day of agreement. Such shares
are not issued as of June 30, 2014, and are valued at $5,500.



Note
7 – Commitments and contingencies



On
April 24, 2013, the Company entered into advertisement contract with Robert Sullivan. The Company is required to pay $30,000 in
cash and issue 150,000 shares. During the current period the Company has paid $10,000 in cash, the balance of $20,000 is due within
60 days of the signing of the agreement; this amount is unpaid as at June 30, 2014. The Company has guaranteed a value of $100,000
for its shares at the time of legend removal. As of June 30, 2014 the legend is still not removed, the Company has accrued for
the shortfall of $77,350 as a stock payable.



Note
8 – Other current assets



The
following is a summary of the Company’s other current assets:



|                                    |  | June
    30, 2014 |         |     | December
    31, 2013 |  
|----------------------------------- |  | ----------------- | ------- | --- | --------------------- | -
|                                    |  |                   |         |     |                       |  
|Cash collateral paid to secure loan |  | $                 | 450,000 | (1) |                       | $
|                                    |  |                   |         |     |                       |  
|Retainers paid to legal counsel     |  |                   | 2,201   |     |                       |  
|                                    |  | $                 | 452,201 |     |                       | $



---



(1) Please refer to
Note 5(C) – Notes payable



Note
9 – Subsequent Events



On
July 22, 2014, the Company issue a total of 453,500 shares at $0.15 to four service providers that have introduced new business
to our Company.



On
July 24, 2014 the Company was engaged by a software company based in Sri Lanka, Singapore and India. The company has been recently
valued by Ernest and Young at $318 million. The terms of our engagement were to assist the company with a NASDAQ OTCQB listing
in the USA. The value of the contract was $250,000 and 10% of the issued and outstanding shares in the company once the Company
obtains a listing. The client has paid to date a total of $170,000.



On
July 27, 2014 the Company was engaged by a Dutch based client that has a FDA approved treatment for peritoneal cancer. The terms
of our engagement were to assist the company with NASDAQ Dubai IPO. The value of the contract was $465,000 and 7% of the issued
and outstanding shares in the company once the Company IPO ́s its stock on the NASDAQ Dubai. The client has paid to date
a total of $230,000.



On
August 1, 2014 the Company formally engaged a Chicago based IR/PR firm called Martin E. Janis Inc. The agreement was to pay a
retainer for a minimum of 6 months at $7,500 per month and also an issuance of 200,000 restricted shares. We also agreed to a
get-out clause for the first month.



On
August 6, 2014 the Company was formally informed that the $3,540,000 loan agreed with a United Kingdom financial institution on
December 9 2013, will be due to commence drawdowns from August 15, 2014 subject to our company meeting the conditions precedent
stated in the loan agreement.



On
August 8, 2014 the party that issued the Company with a 12 month $50,000 convertible loan on June 4, 2013, agreed to convert the
loan into a payment on account for services to be rendered in the near future.



F-15









Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.



For
the three months ended June 30, 2014 and June 30, 2013.



The
Company had revenues amounting to $193,750 and $0 for the three months ended June 30, 2014 and June 30, 2013. Most of our engagements
with clients call for the Company to accomplish certain milestones in order to be able to invoice work completed hence, to date,
we still have deferred revenue received amounting to $31,000. Management does invest a lot of time on behalf of our clients such
as meetings with the Dubai NASDAQ, the DFSA (the Dubai Financial Service Authority), marketing and IR consultants and finally
local Dubai DFSA authorized sponsor that have the authority to underwrite a company that wishes to list its equity on the Dubai
NASDAQ. This cannot be deemed as billable work in progress but, management considers that this work carried out on behalf of our
clients, though not quantifiable, is essential in order to accomplish our mandate from clients that wish to list in Dubai.



The
operating costs for the for the three months ended June 30, 2014 and June 30, 2013 were $337,912 and $550,947 respectively. The
substantial decrease is mainly due to a decrease in subcontracted professional services, investor relations, marketing costs and
a substantial increase in revenue that we have been able to recognize. Also, we impaired $160,000 of financial assets at June
30, 2013.



The
net losses from operations for the periods for the for the three months ended June 30, 2014 and June 30, 2013 were $144,162 and
$550,947 respectively.



Other
income (expenses) amounted to $(140,495) and $4,052 for the three months ended June 30, 2014 and June 30, 2013 respectively. The
increase is mainly due a substantial increase in accrued interest on loans received.



The
net losses for the periods for the three months ended June 30, 2014 and June 30, 2013 were $284,657 and $546,895 respectively.



The
Company had 32,005,918 and 30,784,202 shares issued and outstanding at June 30, 2014 and June 30, 2013 respectively. The weighted
average of the stock for the three months ended June 30, 2014 and June 30, 2013 was 31,650,948 and 30,626,540 respectively. The
loss per share for both periods was $(0.01) and $(0.02) respectively.



For
the six months ended June 30, 2014 and June 30, 2013.



The
Company had revenues amounting to $346,000 and $6,849 for the six months ended June 30, 2014 and June 30, 2013. Most of our engagements
with clients call for the Company to accomplish certain milestones in order to be able to invoice work completed hence, to date,
we still have deferred revenue received amounting to $31,000. Management does invest a lot of time on behalf of our clients such
as meetings with the Dubai NASDAQ, the DFSA (the Dubai Financial Service Authority), marketing and IR consultants and finally
local Dubai DFSA authorized sponsor that have the authority to underwrite a company that wishes to list its equity on the Dubai
NASDAQ. This cannot be deemed as billable work in progress but, management considers that this work carried out on behalf of our
clients, though not quantifiable, is essential in order to accomplish our mandate from clients that wish to list in Dubai.



3







The
operating costs for the for the six months ended June 30, 2014 and June 30, 2013 were $585,328 and $918,326, respectively. The
substantial decrease is mainly due to a decrease in subcontracted professional services, investor relations, marketing costs and
a substantial increase in revenue that we have been able to recognize. Also, we impaired $160,000 of financial assets at June
30, 2013.



The
net losses from operations for the periods for the for the six months ended June 30, 2014 and June 30, 2013 were $239,328 and
$911,477 respectively.



Other
income (expenses) amounted to $(268,102) and $4,052 for the six months ended June 30, 2014 and June 30, 2013 respectively. The
increase is mainly due a substantial increase in accrued interest on loans received.



The
net losses for the periods for the ended six months ended June 30, 2014 and June 30, 2013 were $507,429 and $907,425 respectively.



The
Company had 32,005,918 and 30,784,202 shares issued and outstanding at June 30, 2014 and June 30, 2013 respectively. The weighted
average of the stock for the six months ended June 30, 2014 and June 30, 2013 was 31,526,843 and 30,162,061 respectively. The
loss per share for both periods was $(0.01) and $(0.01) respectively.



LIQUIDITY
AND CAPITAL RESERVES



As
reflected in the accompanying financial statements, the Company had a net comprehensive loss of $284,657 and $507,429 for the
three and six months ended June 30, 2014 respectively. Net cash used in operations of $(220,998) for the six months ended June
30, 2014; and a working capital deficit of $1,485,691 and stockholders ́ deficit of 2,818,326 as of June 30, 2014. These
factors raise substantial doubt about the Company’s ability to continue as a going concern.



The
Company had a loss of $ 546,894 and $907,425 for the three and six months ended June 30, 2013. Net cash used in operations of
$(93,309) for the quarter ended June 30, 2013; and a working capital deficit of $1,310,919 and stockholders ́ deficit of
$2,643,048 as of December 31, 2013.



The
ability of the Company to continue its operations is dependent on Management’s plans, which include the raising of capital
through debt and/or equity markets, until such time that funds provided by operations are sufficient to fund working capital requirements.
The Company may need to incur liabilities with certain related parties to sustain the Company’s existence.



The
Company expects to use its working capital to implement a marketing program to increase awareness of its business model, which
includes, but is not limited to, acquisition of private companies, with the intention of taking those companies public in the
United States and possibly dual listing those entities abroad. In the event that operating cash flows are slowed or nonexistent,
the Company plans to reduce its overhead wherever possible.



On
June 4, 2013, the Company secured a twelve month convertible loan for $50,000 with the understanding that the Company will issue
10,000 common restricted shares in lieu of interest, these shares are not issued as of June 30, 2014 and is accounted for as Stock
Payable. The terms of the conversion will be either a $0.50 conversion price or a 25% discount to market based on an average price
calculated on the 10 trading days prior to the conversion date, whichever is the lowest. On August 8, 2014 it was mutually agreed
to convert this convertible loan into a payment on account for services to be rendered in Dubai in the near future.



4







On
September 9, 2013, the Company secured a nine month convertible loan for $32,500 with an 8% interest rate due on June 11, 2014.
The terms of the conversion will be a 42% discount to market based on an average price calculated on the 10 trading days prior
to the conversion date. If the Company opts to pay the loan back on or before the 9 month period ends, hence not converting the
debt into equity; borrower shall make payment to the holder of an amount in cash (the “Optional Prepayment Amount”)
equal to 130% of total amount due inclusive of principal and interest accrued. On March 17, 2014 the Company decided to allow
this funder to convert $12,000 of this debt in common stock at $0.0406 per share. On April 1, 2014 the Company decided to allow
this funder to convert the rest of this debt in common stock at $0.0435 per share



On
October 9, 2013, the Company secured a two month loan for GBP 75,000 (equivalent to $120,420) with the understanding that the
Company will issue 10,000 common restricted shares, issued to the lender on December 7, 2013, and also repay 35,000 GBP (equivalent
to $56,196) in lieu of interest. As the principal and interest was not paid back to the lender on time. The Company compensated
the lender with an additional 20,000 common restricted shares and for this the lender agreed to five month extension. This stock
compensation as issued to the lender also on December 12, 2013. On February 27, 2014, the Company agreed to pay an extra $50,000
of interest in order to avoid defaulting on the loan. It was mutually agreed that the capital and the interest would be paid once
the $3,540,000 loan, applied for on December 9, 2013, from the United Kingdom financial institution was granted.



On
October 17, 2013, the Company secured a three month bridge loan for 200,000 GBP (equivalent to $319,598) with the agreement to
repay the principle plus 5% per month interest on or before January 18, 2014.



On
November 29, 2013, the Company received a loan in the amount of $450,000 from United Kingdom resident and subsequently the Company
issued a Convertible Note due on November 25, 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 Company 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. This $450,000 loan was used as a guarantee for a loan
amounting to $3,540,000 applied for to a United Kingdom financial institution on December 9, 2013. At June 30, 2014 the loan had
still not been approved due to technical reasons solely related to the lender. On August 8, 2014 the lender had confirmed that
the Company would be able to commence drawing down on the loan from August 15, 2014 onwards. However, there is no guarantee that
such funding will occur at this date.



On
April 1, 2014, the Company a secured a nine month convertible loan for $53,000. The loan carried an 8% interest rate and will
due on December 10, 2014. The terms of the conversion will be a 42% discount to market based on an average price calculated on
the 10 trading days prior to the conversion date. If the Company opts to pay the loan back on or before the 9 month period ends,
hence not converting the debt into equity; borrower shall make payment to the holder of an amount in cash equal to 130% of total
amount due inclusive of principal and interest accrued.



On
April 1, 2014 the Company agreed issue stock at in order to pay off the rest of the note signed on September 9, 2013 ($20,500
plus the $1,300 of accrued interest).



On
May 1, 2014, the Company secured two 12 month convertible loans for $50,000 each with an 8% interest rate due on May 1, 2015.
The terms of the conversion were agreed at a 40% discount to market based on an average price of the two lowest bids on the 20
trading days prior to the conversion date. If the Company opts to pay the loan back on or before 90 days after the loans were
granted, hence not converting the debt into equity; borrower shall make payment to the holders of an amount in cash equal to 130%
of total amount due inclusive of principal and interest accrued. If the Company opts to pay the loan back on or before 180 days
after the loans were granted, hence not converting the debts into equity; borrower shall make payment to the holders of an amount
in cash equal to 140% of total amount due inclusive of principal and interest accrued. The company also agreed a two collateralized
secured promissory notes (backend notes) under the same terms for a further $50,000 from each lender within six months of the
first loans. This loan is not considered convertible unless the total amount, $100,000, is received as per both of the notes payable
agreements.



5







On
June 12 2014, the Company and an investor entered into a two year $250,000 convertible promissory note with an original issue
discount of $25,000. The terms of this convertible note were $55,000 upon closing, an 8% interest rate per annum or 0% interest
if the note was to be paid back within 90 days of the issuance of the note. The terms of the conversion were agreed at the lesser
of $0.30 or a 40% discount to market based on an average price of the lowest bids on the 25 trading days prior to the conversion
date.



It
is the Company’s intention to seek additional debt financing, which we plan to use as additional working capital to implement
our marketing program to increase awareness of our business model and also to expand our operations via the acquisition of companies
that are in a similar space and industry as ours, although we have not identified any companies that we would consider acquiring.



However,
we do not have any verbal or written agreements with anyone to provide us with debt financing.



Any
short fall in our projected operating revenues will be covered by:



1)
The cash fees that we expect to receive during the next 12 months from the four clients we currently have under contract.



2)
Reducing our expenditures; and



3)
Receiving loans from one or more of our officers even though at the present time, we do not have verbal or written commitments
from any of our officers to lend us money.



Depending
upon market conditions, the Company may not be successful in raising sufficient additional capital for it to achieve its business
objectives.



In
such event, the business, prospects, financial condition, and results of operations could be materially adversely affected.



Finally,
on May, 28 2014 the Company announces that it had appointed His Highness Sheikh Rashed bin Ahmed bin Maktoum Al Maktoum
(a successor to the throne in Dubai). This appointment underpinned the company fully owned subsidiary, Global Equities Partners
Plc’s, rapidly increasing advisory work in the UAE as capital market activity returns supported by a wider resurgent economy.
For 2014, the IMF has predicted UAE GDP growth of 4.5% driven by robust economic fundamentals, Dubai’s recent Expo 2020
win and Abu Dhabi’s buoyant oil and gas industry and aligned investment. In addition, MSCI’s (Morgan Stanley Capital
International) recent upgrade of the UAE to ‘emerging market’ status is expected to facilitate capital inflow into
the Emirate of around US$ 370 million according to industry experts.



FUTURE
PLANS



MILESTONES
FOR 2014:



Our
specific plan of operations and milestones through 2014 are as follows:



| | 1) | DEVELOP
    THE INTRODUCER NETWORK FURTHER AND IN HOPES OF ATTRACTING NEW INTEREST FOR OUR SERVICES.
| | -- | ----------------------------------------------------------------------------------------------------



We
currently are relying on introductions to potential clients by the following firms in Asia and Europe:



| | (1) | Certain
    registered investment houses in London (United Kingdom).             
| | --- | ---------------------------------------------------------------------------------
| |     |                                                                                  
| | (2) | An
    Austrian management consultancy firm based in Vienna (Austria).           
| |     |                                                                                  
| | (3) | Various
    investment banks based in Dubai (UAE)                                
| |     |                                                                                  
| | (4) | Certain
    Private Banks based in Amsterdam (Holland) and Zurich in Switzerland.
| |     |                                                                                  
| | (5) | The
    Colombo Stock Exchange in Sri Lanka.                                     
| |     |                                                                                  
| | (6) | Various
    family offices in Dubai (UAE).                                       



6







We
do not have any verbal or written agreements with the firms identified above, as our relationship with each of them has been developed
over the past year or so.



We
intend to develop relationships with a further six “introducers” to potential new business for the Company before
the end of December 2014.



| | 2) | DUBAI
    EXPANSION
| | -- | -------------------



We
will continue to establish a firm presence in Dubai, UAE where we are attracting clients, relationships and awareness. Our Dubai
operation is currently a branch office of the company allowing us a license to trade in the UAE. This branch office will continue
to recruit new members of staff that will allow us to grow and become more efficient in Dubai.



| | 3) | CREATE
    A MORE EFFICIENT SYSTEM FOR REVIEWING PROSPECTIVE BUSINESSES.
| | -- | ------------------------------------------------------------------------



We
will concentrate our efforts on the quality of the company that is introduced to us. We will start off by sending the client a
standard due diligence list and request that they complete the list and send us the support for review. We will then follow-up
the due diligence with a “site visit” in order to properly understand our client’s business model and more importantly
meet the principals in person.



We
will create a deeper due diligence program allowing us to dig deep on any prospective client prior to engagement thus protecting
the company from any future problems by employing one new staff member that will be responsible for the due diligence analysis
and creating a report for our file on their findings.



| | 4) | EXPAND
    OUR CONSULTANCY TO INCLUDE MORE MERGER AND ACQUISITION ACTIVITY.
| | -- | ---------------------------------------------------------------------------



We
intend to form relationships with merger and acquisition specialists during 2014 which will hopefully enable us to:



| | (1) | Find
    potential merger and acquisition candidates.                                                                                          
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                
| | (2) | Introduce
    our clients to brokers and investment bankers.                                                                                   
| |     |                                                                                                                                                
| | (3) | Introduce
    our clients to the appropriate professionals (attorneys and accountants) to assist them in a public offering or exchange listing.



The
only additional cost for this activity will be a very small administrative burden for telephone calls and communications to be
funded out of operational income, mainly income receivable from clients currently under contract.



| | 5) | DEVELOP
    IN HOUSE IT DEPARTMENT
| | -- | ----------------------------------



Commencing
initially with one member we will start to develop a proprietary program allowing us to easily monitor a client’s development
status and work in progress. We will also use this tool to manage our pipeline of clients and therefore it will become vital in
our cash flow forecasting.



| | 6) | DUAL
    LISTING DUBAI
| | -- | ----------------------



Late
2014 or early 2015, we intend to become one of the first foreign companies to dual list on Dubai NASDAQ; our plan is to carry
out a public relations campaign alongside the dual listing process with the public relations firm we have selected with a view
to prepare a campaign that will have a maximum effect.



7







| | 7) | EXPAND
    OUR NETWORK OF CONTACTS WITHIN THE INVESTMENT COMMUNITY IN DUBAI
| | -- | ---------------------------------------------------------------------------



Our
network of investment companies in Dubai is currently small; however, we intend to substantially expand our Dubai network in order
to enable us to make introductions on a more institutional level. We intend to develop our network to at least twelve Investment
Institutions who may have interests in minority shareholding in companies from outside of the Middle East Region.



At
present we are being received with open arms by the Dubai and Middle Eastern financial community; hence we have plans to host
various hospitality events for our current clients, our key contacts and upper management of the company.



| | 8) | EXPAND
    OUR RANGE OF BUSINESS AND CONTACTS
| | -- | ---------------------------------------------



We
intend to take our consultancy service outside of the Middle East and Europe into Asia and Sri Lanka. We will expand on a ‘Commission
Only’ basis for the individuals or companies who take on our service to offer to their clients. Accountants, lawyers and
finance professionals are the target market for overlaying our service into their existing client banks in return for a percentage
of fees received. We also intend to add at least three new members to our administration team before December 31, 2014.



| | 9) | ROAD
    SHOWS
| | -- | --------------



We
will continue the “Road shows”, in Dubai with the support of the Dubai NASDAQ for companies already listed in Sri
Lanka and other parts of Asia who could be seeking a dual listing in Dubai to provide liquidity and more capital raising options.
We have commenced initial conversations with a brokerage house in Sri Lanka to look at their clients they have that would be suitable
for the Dubai market. We will initially invite management of selected companies to Dubai for a two day event in conjunction with
NASDAQ Dubai and a number of leading Investment Institutions, the anticipated cost of this is to be met by the prospective clients
themselves and sponsorship from the institutions and NASDAQ Dubai.



| | 10) | FURTHER
    EXPAND OUR RANGE OF BUSINESS AND CONTACTS
| | --- | -----------------------------------------------------



The
foundation for this development has been created in 2013. In 2014, we intend to cement in the relationships created. The target
markets for attracting clients are: Thailand, Sri Lanka, China, Hong Kong and Singapore



To
service the clients generated from these markets we will spend time creating a network of service companies who we can utilize
to assist us on a local basis. We will explore the possibilities of dual listings for our clients in Singapore to allow us a local
market for any Asian clients we will attract and giving the company a firm foothold in the Asian territory.



| | 11) | EMPLOYEES;
    IDENTIFICATION OF A SIGNIFICANT EMPLOYEE
| | --- | -------------------------------------------------------



We
currently have five employees: Peter J. Smith, Enzo Taddei, Patrick V. Dolan, Zara V. Clark and Shoaib Rasool Peter J. Smith,
our President, and Enzo Taddei, our Chief Financial Officer and Patrick V. Dolan, new business managing director, Zara V. Clark,
our Dubai office manager, Shoaib Rasool, our in house analyst and accountant, each have an employment agreement with the Company.
All are full time employees of the Company. We intend to hire additional employees in 2014 such as a person to assist our new
business managing director in London.



8







Cautionary
Forward - Looking Statement



The
following discussion and analysis of the results of operations and financial condition of Global Equity International, Inc. should
be read in conjunction with the unaudited financial statements, and the related notes. References to “we,” “our,”
or “us” in this section refers to the Company and its subsidiaries. Our discussion includes forward-looking statements
based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions..
We use words such as “anticipate,” “estimate,” “plan,” “project,” “continuing,”
“ongoing,” “expect,” “believe,” “intend,” “may,” “will,”
“should,” “could,” and similar expressions to identify forward-looking statements.



Certain
matters discussed herein may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties
include, but are not limited to, the following:



| | ● | the
    volatile and competitive nature of our industry,                           
| | - | -----------------------------------------------------------------------------------
| |   |                                                                                    
| | ● | the
    uncertainties surrounding the rapidly evolving markets in which we compete,
| |   |                                                                                    
| | ● | the
    uncertainties surrounding technological change of the industry,            
| |   |                                                                                    
| | ● | our
    dependence on its intellectual property rights,                            
| |   |                                                                                    
| | ● | the
    success of marketing efforts by third parties,                             
| |   |                                                                                    
| | ● | the
    changing demands of customers and                                          
| |   |                                                                                    
| | ● | the
    arrangements with present and future customers and third parties.          



Should
one or more of these risks or uncertainties materialize or should any of the underlying assumptions prove incorrect, actual results
of current and future operations may vary materially from those anticipated.



Item
3. Quantitative and Qualitative Disclosure about Market Risk.



Not
applicable.



Item
4. Controls and Procedures.



Evaluation
of Disclosure Controls and Procedures



As
of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation
of our Principal Executive Officer and Principal Financial Officer of the effectiveness of the design and operation of our disclosure
controls and procedures. Based on this evaluation, our Principal Executive Officer and Principal Financial Officer concluded that
our disclosure controls and procedures (as defined in Rules 13a-15(e) and Rule 15d-15(e) under the Securities Exchange Act of
1934) were not effective.



Management’s
Report on Internal Control over Financial Reporting



Our
management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules
13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control over financial reporting is designed to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. Our internal control over financial reporting includes those policies
and procedures that:



| | (1) | pertain
    to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of
    our assets;                                                                                                                                               
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                                                                                                                      
| | (2) | provide
    reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance
    with U.S. GAAP, and that our receipts and expenditures are being made only in accordance with the authorization of our management
    and directors; and
| |     |                                                                                                                                                                                                                                                                                                      
| | (3) | provide
    reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets
    that could have a material effect on the financial statements.                                                                                           



9







Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections
of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes
in conditions, or that the degree of compliance with the policies or procedures may deteriorate.



At
June 30, 2014, we carried out an evaluation required by Rule 13a-15 or Rule 15d-15 of the Securities Exchange Act of 1934 (the
"Exchange Act") under the supervision and with the participation of our management, including our Principal Executive
Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures.



Based
upon such evaluation, such person concluded that as of such date, our disclosure controls and procedures were not effective at
the reasonable assurance level because, due to financial constraints, the Company does not maintain a sufficient complement of
personnel with an appropriate level of technical accounting knowledge, experience and training in the application of generally
accepted accounting principles commensurate with our financial accounting and reporting requirements. In the event that we may
receive sufficient funds for internal operational purposes, we plan to retain the services of additional internal management staff
to provide assistance to our current management with the monitoring and maintenance of our internal controls and procedures.



This
Quarterly Report does not include an attestation report of the Company’s registered public accounting firm due to a transition
period established by rules of the Securities and Exchange Commission for newly public companies.



Changes
in internal control over financial reporting.



We
did not change our internal control over financial reporting during our last fiscal quarter that materially affected, or is reasonably
likely to materially affect, the Company’s internal control over financial reporting.



PART
II – OTHER INFORMATION



Item
1. Legal Proceedings.



The
Company is not aware of any threatened or pending litigation against the Company.



Item
1A. Risk Factors.



Not
applicable.



Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.



Stock
sales and issuances since January 1, 2014





|Date      |  | Type                                 |  | Shares |           |  | Valuation |   |         | Range
    of value per share | 
|--------- |  | ------------------------------------ |  | ------ | --------- |  | --------- | - | ------- | ---------------------------- | 
|3/17/2014 |  | Stock
    issued for payment of debt |  |        | 295,567   |  |           | $ | 12,000  |                              | 
|4/1/2014  |  | Stock
    issued for payment of debt |  |        | 501,149   |  |           | $ | 109,819 |                              | 
|4/22/2014 |  | Stock
    issued for services        |  |        | 165,000   |  |           | $ | 8,250   |                              | 
|7/22/2014 |  | Stock
    issued for services        |  |        | 115,000   |  |           | $ | 17,250  |                              | 
|7/22/2014 |  | Stock
    issued for services        |  |        | 50,000    |  |           | $ | 7,500   |                              | 
|7/22/2014 |  | Stock
    issued for services        |  |        | 12,500    |  |           | $ | 1,875   |                              | 
|7/22/2014 |  | Stock
    issued for services        |  |        | 276,000   |  |           | $ | 41,400  |                              | 
|8/4/2014  |  | Stock
    issued for services        |  |        | 200,000   |  |           | $ | 30,000  |                              | 
|          |  |                                      |  |        | 1,615,216 |  |           |   | 228,094 |                              | 





The
proceeds from the sales of the Company’s common stock were used as working capital or to pay bills. The issuance of the
above shares of common stock were exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant
to Section 4(a)(2) and/or regulation S promulgated thereunder.





10







Item
3. Defaults upon Senior Securities.



None.



Item
4. Mine Safety Disclosures.



Not
applicable.



Item
5. Other Information.



None.



Item
6. Exhibits.



See
Exhibit Index below for exhibits required by Item 601 of regulation S-K.



11







EXHIBIT
INDEX





|Exhibit
    No. |  | Description
|--------------- |  | -----------



List
of Exhibits attached or incorporated by reference pursuant to Item 601 of Regulation S-K:



|Exhibit                                         |  | Description                                                                                           
|----------------------------------------------- |  | ------------------------------------------------------------------------------------------------------
|31.1
    *                                      |  | Certification
    under Section 302 of Sarbanes-Oxley Act of 2002                                     
|                                                |  |                                                                                                       
|31.2
    *                                      |  | Certification
    under Section 302 of Sarbanes-Oxley Act of 2002                                     
|                                                |  |                                                                                                       
|32.1
                                         * |  | Certification
                                         under Section 906 of Sarbanes-Oxley Act of 2002
|                                                |  |                                                                                                       
|32.2
    *                                      |  | Certification
    under Section 906 of Sarbanes-Oxley Act of 2002                                     



*
Filed herewith.



12







SIGNATURES



Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.



|                          |  | GLOBAL
    EQUITY INTERNATIONAL, INC.           
|------------------------- |  | ------------------------------------------------
|                          |  |                                                 
|Date:
    August 14, 2014 |  | /s/
    Peter J. Smith                          
|                          |  | Peter J. Smith                                  
|                          |  | President and
    Chief Executive Officer       
|                          |  | (Principal Executive
    Officer)               
|                          |  |                                                 
|                          |  |                                                 
|Date:
    August 14, 2014 |  | /s/
    Enzo Taddei                             
|                          |  | Enzo Taddei                                     
|                          |  | Chief Financial
    Officer                     
|                          |  | (Principal Accounting
    and Financial Officer)



13