Argentum 47 (ARGQ) 10-Q 14 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 08, 2016
Document And Entity Information
Entity Registrant Name	GLOBAL EQUITY INTERNATIONAL INC
Entity Central Index Key	1,533,106
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		819,499,228
Trading Symbol	GEQU
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,016

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash	$ 15,051	$ 42,163
Accounts receivable	51,962
Prepaids	42,807	86,398
Other current assets	8,794	7,982
Total current assets	118,614	136,543
Investments, cost	3,085,322	2,650,471
Fixed assets, net	11,945	20,081
Total assets	3,215,881	2,807,095
Current Liabilities
Accounts payable	190,764	188,337
Accrued liabilities	184,656	184,656
Accounts payable and accrued liabilities - related parties	45,165	203,609
Deferred revenue	225,000	839,130
Accrued interest	304,569	304,569
Notes payable - net of discount of $41,250 and $11,667, respectively	701,268	563,351
Fixed price convertible note payable - net of discount of $10,996 and $0, respectively	92,854
Total liabilities	1,744,276	2,283,652
Stockholders' Equity
Preferred stock: 50,000,000 shares authorized; $0.001 par value, none designated, none issued and outstanding.
Common stock: 950,000,000 shares authorized; $0.001 par value: 809,499,228 and 776,165,973 shares issued and outstanding, respectively.	809,499	776,166
Additional paid in capital	7,587,514	6,934,493
Accumulated deficit	(6,925,408)	(7,187,216)
Total stockholders' equity	1,471,605	523,443
Total liabilities and stockholders' equity	$ 3,215,881	$ 2,807,095

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Debt discount net	$ 41,250	$ 11,667
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares designated
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	950,000,000	950,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	809,499,228	776,165,973
Common stock, shares outstanding	809,499,228	776,165,973
Convertible Notes Payable [Member]
Debt discount net	$ 10,996	$ 0

Consolidated Statement of Opera

Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Revenue - Clients	$ 306,962	$ 1,032,465	$ 1,412,213	$ 2,187,965
Revenue - Related party clients		98,000		98,000
Total revenue	306,962	1,130,465	1,412,213	2,285,965
General and administrative expenses	32,735	61,963	137,382	198,405
Salaries	240,930	278,123	632,439	770,719
Professional services	41,359	101,656	216,753	307,114
Depreciation	2,873	2,835	8,587	8,416
Total operating expenses	317,897	444,577	995,161	1,284,654
(Loss) / income from operations	(10,935)	685,888	417,052	1,001,311
Other income (expenses):
Interest expense		(114,930)		(319,606)
Finance Charges		(12,396)		(124,175)
Amortization of debt discount	(39,531)	(139,367)	(62,865)	(355,253)
Loss on derivative liabilities		(139,237)		(459,095)
Loss on conversion of notes into common stock		(793,809)		(732,022)
Gain on settlement of debt		660,578		660,578
Loss on conversion of accrued salaries and accounts payables into common stock	(5,492)		(1,097)
(Loss) / gain on extinguishment of debt and other liabilities	(8,865)	94,043	(91,814)	146,358
Gain on transfer of preferred stock			1,454
Bad debt expense		(7,345)		(7,345)
Exchange rate loss	(307)	(700)	(922)	(1,040)
Total other income (expenses)	(54,195)	(453,163)	(155,244)	(1,191,600)
Net (loss) / income	$ (65,130)	$ 232,725	$ 261,808	$ (190,289)
Weighted average number of common shares outstanding - basic	795,548,582	551,531,231	784,687,141	238,222,071
Weighted average number of common shares outstanding - diluted	795,548,582	551,531,231	790,795,964	238,222,071
Net (loss) income per common share - basic	$ 0	$ 0	$ 0	$ 0
Net (loss) income per common share - diluted	$ 0	$ 0	$ 0	$ 0

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income / (loss)	$ 261,808	$ (190,289)
Adjustments to reconcile net income / (loss) to net cash used in operating activities
Depreciation	8,587	8,416
Securities paid for services	20,568	42,202
Securities recorded as revenue for services	(730,595)	(1,540,950)
Gain on transfer of preferred stock	(1,454)
Loss on conversion of notes into common stock		732,022
Loss on embedded conversion option derivative liabilities		459,095
Gain on settlement of debt		(660,578)
Loss / (gain) on extinguishment of debt and other liabilities	91,814	(146,358)
Loss on conversion of accrued salaries and accounts payables into common stock	1,097
Amortization of debt discount	62,865	355,253
Bad debts		7,345
Finance Charges		124,175
Changes in operating assets and liabilities:
Accounts receivable	(51,962)
Prepaids	43,591	(8,859)
Other current assets	(812)	1,500
Accounts payable	80,911	193,987
Accounts payable and accrued liabilities - related parties	299,421	145,005
Deferred revenue	(337,500)	37,985
Accrued interest		319,683
Net cash used in operating activities	(251,661)	(120,366)
Cash Flows used in investing activities:
Purchase of office furniture and equipment, net	(451)	(1,108)
Net cash used in investing activities	(451)	(1,108)
Cash flows from financing activities:
Proceeds from loans - related parties	8,974	48,422
Repayment of loans - related parties	(8,974)
Proceeds from notes payable	225,000	100,000
Repayment of notes payable		(43,482)
Net cash provided by financing activities	225,000	104,940
Net decrease in cash	(27,112)	(16,534)
Effect of Exchange Rates on Cash		(1,045)
Cash at Beginning of Period	42,163	19,026
Cash at End of Period	15,051	1,447
Supplemental disclosure of cash flow information:
Cash paid for interest		10,981
Cash paid for income taxes
Supplemental disclosure of non-cash investing and financing activities:
Notes payable and interest converted into shares	59,500	637,820
Debt discounts recorded on notes payables	103,444	35,000
Accounts payable and accrued salaries settled in shares	$ 529,915	$ 574,359

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	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 disclosures 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 statements presentation. The unaudited interim consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K, which contains the audited financial statements and notes thereto, together with the Management’s Discussion and Analysis, for the year ended December 31, 2015. The interim results for the period ended September 30, 2016 are not necessarily indicative of results for the full fiscal year.

Nature of Operations

Nature of Operations	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	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. On August 22, 2014, we formed a Dubai subsidiary of GEP called GE Professionals DMCC. GEP is the parent company of its 100% subsidiary GE Professionals DMCC (Dubai). On June 10, 2016, GEI incorporated its wholly owned subsidiary, called GEP Equity Holdings Limited, under the laws of the Republic of Seychelles. Revenue is generated from business consulting services and employment placements.

Going Concern

Going Concern	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 3 - 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. As reflected in the accompanying consolidated financial statements, the Company had a net (loss) / income of $(65,130) and $261,808 for the three and nine months ended September 30, 2016 respectively, net cash used by operations of $251,661 for the nine months ended September 30, 2016; and a working capital deficit of $1,625,662 and stockholders´ equity of $1,471,605 as of September 30, 2016. Some of these factors raise substantial doubt about the Company’s ability to continue as a going concern. The ability for the Company to continue its operations is primarily dependent on: a) Continually engaging with new clients which over the years have become consistent. b) Consummating and executing current engagements. Whilst the Company´s current engagements are being consummated and executed, the Company may also have to resort to borrowing additional funds with certain related parties, such as management, and also third party funders on a non-discounted basis (if for shares, on a fixed price basis) to sustain the Company’s existence. In addition, in the event that operating cash flows are slowed, the Company would reduce its overheads wherever possible and any monies owed to the management can also be forgiven, if necessary. The Company´s deferred revenue, $225,000 at September 30, 2016, is non-refundable hence once certain contractual milestones are achieved or contractual terms pass over time, as applicable, on each individual engagement a proportion of deferred revenue will become revenue for the Company and therefore no cash outlays are required for these liabilities. It is important to note that the two largest debts (The Able Foundation loan & Eden loan) stated on our current liabilities are non-collateralized and non-convertible loans. However, Able Foundation has a judgment against the Company which is currently under appeal (See Note 10).

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 4 - Summary of Significant Accounting Policies Principles of Consolidation Global Equity International Inc. is the parent company of its two 100% subsidiaries called Global Equity Partners Plc. and GEP Equity Holdings Limited. Global Equity Partners Plc. is the parent company of its 100% subsidiary, GE Professionals DMCC (Dubai). All significant inter-company accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of consolidated 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. Significant estimates in the accompanying financial statements include allowance for doubtful accounts and loans receivable, estimates of fair value of securities received for services, estimates of fair value of securities held, depreciation of fixed assets, valuation allowance on deferred tax assets, derivative valuations, and equity valuations for non-cash equity grants. 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 Company´s headquarters are based in Dubai. Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. At September 30, 2016 and at December 31, 2015, 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. Foreign Currency Policy The Company’s accounting policies related to the consolidation and accounting for foreign operations are as follows: The accompanying consolidated financial statements are presented in U.S. dollars. The functional currency of the Company’s Dubai subsidiary is the Arab Emirates Dirham (AED). All foreign currency balances and transactions are translated into United States dollars “$” and/or “USD” as the reporting currency. Assets and liabilities are translated at the exchange rate in effect at the balance sheet date. Revenues and expenses are translated at the average rate of exchange prevailing during the reporting period. Equity transactions are translated using spot rate prevailing at each historical transaction date. Translation adjustments arising from the use of different exchange rates from period to period are included as a component of our stockholders’ equity (deficit) as “Accumulated other comprehensive income (loss).” Since the AED is tagged to the U.S. dollar, translation gains and losses are always de minimis. Gains and losses resulting from foreign currency transactions are included in the statement of operations. Investments (A) Classification of Securities Marketable Securities At the time of the acquisition, a marketable 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. Any unrealized gains and losses are reported as a component of other comprehensive income (loss). Realized gains (losses) are computed on a specific identification basis and are reflected in the statement of operations. Cost Method Investments Securities that are not classified as marketable securities are accounted for under the cost method. These securities are recorded at their original cost basis and are subject to impairment testing. (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 statement. 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 record any permanent impairment during the nine months ended September 30, 2016 or 2015. Fixed Assets Fixed assets are 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 statements. Beneficial Conversion Feature For conventional convertible debt where the rate of conversion is below market value, the Company records any “beneficial conversion feature” (“BCF”) intrinsic value as additional paid in capital and related debt discount. When the Company records a BCF, the relative fair value of the BCF is recorded as a debt discount against the face amount of the respective debt instrument. The discount is amortized over the life of the debt. If a conversion of the underlying debt occurs, a proportionate share of the unamortized amounts is immediately expensed. Debt Issue Costs The Company may pay debt issue costs in connection with raising funds through the issuance of debt whether convertible or not. These costs are recorded as debt discounts and are amortized over the life of the debt to the statement of operations as amortization of debt discount. Original Issue Discount If debt is issued with an original issue discount, the original issue discount is recorded to debt discount, reducing the face amount of the note and is amortized over the life of the debt to income statement as amortization of debt discount. If a conversion of the underlying debt occurs, a proportionate share of the unamortized amounts is immediately expensed. Valuation of Derivative Instruments ASC 815 “Derivatives and Hedging” requires that embedded derivative instruments be bifurcated and assessed, along with free-standing derivative instruments such as warrants, on their issuance date and measured at their fair value for accounting purposes. In determining the appropriate fair value, the Company uses the Black-Scholes option pricing formula. At September 30, 2015, the Company adjusted its derivative liability to its fair value, and reflected the change in fair value, in its consolidated statement of operations and comprehensive loss as gain (loss) on derivatives. Upon conversion of a note where the embedded conversion option has been bifurcated and accounted for as a derivative liability, the Company records the shares at fair value and relieves all related notes, derivatives and debt discounts and a net gain or loss on debt extinguishment is recorded. Revenue Recognition We recognize revenue from the services we provide in accordance with ASC Topic 605, Revenue Recognition We receive consideration in the form of cash and/or securities. We recognize cash consideration as revenues as the services are performed either on a pro rata basis or on a milestone basis. Securities received as consideration are often earned at a point in time when the specified event occurs and the securities are issued to us. Therefore, we measure and recognize these securities received at fair value on the date of receipt. If securities are received in advance of completion of our services, the fair value will be recorded as deferred revenue and recognized as revenue as the services are completed. All revenues are generated from clients whose operations are based outside of the United States. At September 30, 2016, the Company had the following concentrations of accounts receivable with customers: Customer September 30, 2016 PDI 43 % EEC 57 % 100 % For the nine months ended September 30, 2016 and 2015, the Company had the following concentrations of revenues with customers: Customer September 30, 2016 September 30, 2015 SAC 0 % 2. 62% MED 0 % 1.31 % TAM 0 % 2.62 % EER 0 % 1.31 % MGP 0 % 2.62 % ALP 0 % 4.29 % UNI 13.10 % 8.84 % DUO 8.11 % 43.11 % PDI 21.89 % 33.27 % QFS 37.89 % 0 % INSCX 2.83 % 0 % GPL 4.25 % 0 % EEC 5.9 % 0 % UGA 4.25 % 0 % SCL 1.42 % 0 % TLF 0.35 % 0 % 100 % 100 % Deferred Revenue Deferred revenue represents fees that have been received by the Company for requested services that have not been completed. Following table illustrates the movement in deferred revenue during the nine months ended September 30, 2016: Balance, December 31, 2015 $ 839,130 New payments received during the period 120,000 Cash deferred revenue recognized as revenue during the period (457,500 ) Securities deferred revenue recognized as revenue during the period (276,630 ) Balance, September 30, 2016 $ 225,000 Share-based Payments The Company recognizes all forms of share-based payments to employees, 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 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 as of the measurement date. Amounts received prior to the measurement date are adjusted to fair value at each reporting period until a measurement date is achieved. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. Share based payments, excluding restricted stock, are valued using a Black-Scholes pricing model. 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 is 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 which are based upon our historical volatility. ● The forfeiture rate is based on historical experience. Earnings per Share The basic net 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 net earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding during the period. As at September 30, 2016, the Company had a common stock equivalent in the form of a fixed price convertible note, which, if exercisable, would be dilutive. See Note 7(D) The Following table reconciles the dilutive weighted average number of shares outstanding for the nine months ended September 30, 2016: Weighted average common shares – Basic: 784,687,141 Shares underlying convertible debt: 6,108,823 Weighted average common shares – Diluted: 790,795,964 Fair Value of Financial Assets and Liabilities The Company measures assets and liabilities at fair value based on an expected exit price as defined by the authoritative guidance on fair value measurements, which represents the amount that would be received on the sale of an asset or paid to transfer a liability, as the case may be, in an orderly transaction between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value on either a recurring or nonrecurring basis whereby inputs, used in valuation techniques, are assigned a hierarchical level. The following are the hierarchical levels of inputs to measure fair value: ● Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2: Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. ● Level 3: Unobservable inputs reflecting the Company’s assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. The carrying amounts reported in the balance sheet for prepaid expenses, accounts receivable, accounts payable, accounts payable to related parties and loans payable to related parties, approximate fair value based on the short-term nature of these instruments. The Company measures its derivative liabilities at fair market value on a recurring basis and measures its non-marketable securities at fair value on a non-recurring basis. Consequently, the Company may have gains and losses reported in the statement of operations. The following is the Company’s assets and liabilities measured at fair value on a recurring and nonrecurring basis at September 30, 2016 and December 31, 2015, using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3): September 30, 2016 December 31, 2015 Level 3 – Non-Marketable Securities – Non-recurring $ 3,085,322 $ 2,650,471 The following section describes the valuation methodologies the Company uses to measure financial instruments at fair value: Marketable Securities Non-Marketable Securities at Fair Value on a Nonrecurring Basis Management believes that an “other-than-temporary impairment” would be justified, as according to ASC 320-10 an investment is considered impaired when the fair value of an investment is less than its amortized cost basis. The impairment is considered either temporary or other-than-temporary. The accounting literature does not define other-than-temporary. It does, however, state that other-than-temporary does not mean permanent, although, all permanent impairments are considered other-than-temporary. The literature does provide some examples of factors, which may be indicative of an “other-than-temporary impairment”, such as: ● the length of time and extent to which market value has been less than cost; ● the financial condition and near-term prospects of the issuer; and ● the intent and ability of the holder to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value. Management believes that the fair value of its investment has been correctly measured, as the length of time that the stock has been less than cost is nominal. Changes in Level 3 assets measured at fair value for the nine months ended September 30, 2016 were as follows: Balance, December 31, 2015 $ 2,650,471 Realized and unrealized gains (losses) - Securities received for services during the period 453,965 Securities paid for services during the period (19,114 ) Impairment loss - Balance, September 30, 2016 $ 3,085,322 Reclassification Certain amounts in the December 31, 2015 balance sheet have been reclassified to conform to the current period´s presentation. Accrued liabilities amounting to $184,656 were previously included in the accounts payable. Recent Accounting Pronouncements There are no new accounting pronouncements that have any impact on the Company’s financial statements other than discussed below: In March 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-08, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” In May 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-12, “Revenue from Contracts with Customers (Topic 606)”

Investments

Investments	9 Months Ended
	Sep. 30, 2016
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Investments	Note 5 – Investments The Company holds following common equity securities in private and reporting companies as at September 30, 2016 and December 31, 2015: 9/30/2016 12/31/2015 Company No. of Shares Book value No. of Shares Book value Status M1 Lux AG 2,000,000 $ - 2,000,000 $ - Private Company Monkey Rock Group Inc. 1,500,000 $ - 1,500,000 $ - Reporting Company – OTC Voz Mobile Cloud Limited 3,200,000 $ - 3,200,000 $ - Private Company Arrow Cars International Inc. 3,000,000 $ 3,000 3,000,000 $ 3,000 Private Company Direct Security Integration Inc. 400,000 $ - 400,000 $ - Private Company Duo World Inc. 3,481,133 $ 880,850 3,460,000 $ 865,000 Reporting Company – OTC Primesite Developments Inc. 5,606,521 $ 1,781,521 5,606,521 $ 1,781,521 Private Company Quartal Financial Solutions AG 2,271 $ 419,365 - - Private Company 19,189,925 $ 3,084,736 19,166,521 $ 2,649,521 The Company holds following preferred equity securities in private companies as at September 30, 2016 and December 31, 2015: 9/30/2016 12/31/2015 Company No. of Shares Book value No. of Shares Book value Status Duo World Inc. 136,600 $ 136 500,000 $ 500 Reporting Company – OTC Primesite Developments Inc. 450,000 $ 450 450,000 $ 450 Private Company 586,600 $ 586 950,000 $ 950 On February 08, 2016, the Company entered into an agreement with Yenom (Pvt.) Limited where the Company agreed to pay an equity commission, for the introduction of a client to the Company, in the form of transfer of 363,400 preferred shares (valued at $0.005 per share) of Duo World Inc. out of the 500,000 preferred shares which were owned by the Company at the year ended December 31, 2015. As a result of this transfer, the Company’s investment in preferred shares of Duo World Inc. was reduced to 136,600 preferred shares as on March 31, 2016 and a gain of $1,454 was recorded on transfer of this preferred stock. On March 29, 2016, the Company received 1,815 common shares valued at CHF 160 or $163.89 and 456 common shares valued at CHF 261 or $267.34 from a private company and client having a fair market value of $419,365 that is treated as a cost method investment. The value of the cost method investment pertains to receipt of agreed common stock in a private company in which the best evidence of value was based on the management representation of that private company. On April 27, 2016, the Company received 46,133 common shares valued at $0.75 per share from a private company and client having a fair market value of $34,600 that is treated as a cost method investment. The value of the cost method investment pertains to receipt of agreed common stock in a private company in which the best evidence of value was the last available price at which shares were sold in a private placement. On June 01, 2016, the Company paid an equity commission to a consultant, for the introduction of a client to the Company, in the form of transfer of 25,000 common shares (valued at $0.75 per share) of Duo World Inc. out of the 46,133 common shares which were received and owned by the Company on April 27, 2016. As a result of this transfer, the Company’s overall investment in common shares of Duo World Inc. was reduced to 3,481,133 common shares as of September 30, 2016 and there was no gain / loss recorded on transfer of this common stock. At September 30, 2016, there were no identifiable events or changes in circumstances that had a significant adverse effect on the value of the investments; hence, no impairment is required as of September 30, 2016.

Fixed Assets

Fixed Assets	9 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Fixed Assets	Note 6 – Fixed Assets The following table reflects net book value of fixed assets as of September 30, 2016 and December 31, 2015: 09/30/2016 12/31/2015 Useful Life Furniture and Equipment $ 37,655 $ 37,204 3 to 5 years Accumulated depreciation $ (25,710 ) $ (17,123 ) Net fixed assets $ 11,945 $ 20,081 Depreciation expense for the nine months ended September 30, 2016 and September 30, 2015, was $8,587 and $8,416, respectively.

Debt & Accounts Payables

Debt & Accounts Payables	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Debt & Accounts Payables	Note 7 – Debt & Accounts Payables (A) Accounts Payables The following table represents breakdown of accounts payable as of September 30, 2016 and December 31, 2015, respectively: 9/30/2016 12/31/2015 Accrued salaries and benefits $ 82,691 $ 79,386 Other payables & accrued liabilities 108,073 108,951 $ 190,764 $ 188,337 On April 25, 2016, two of the Company’s consultants decided to convert their accrued fee balance amounting to $5,250 to the common shares of the Company at $0.015 per share. As a result of this conversion, the Company issued following common stock to its consultants: ● 100,000 common shares to a consultant, having a fair value of $0.0143 per share or $1,430 for his accrued fee balance of $1,500, thereby recognizing a gain on conversion of $70. ● 250,000 common shares to a consultant, having a fair value of $0.0143 per share or $3,575 for his accrued fee balance of $3,750, thereby recognizing a gain on conversion of $175. On September 30, 2016, three of the Company’s employees decided to convert their partial accrued salaries and expenses payable balance amounting to $65,652 to the common shares of the Company at $0.02 per share. As a result of this conversion, the Company issued following common stock to its employees: ● 900,000 common shares to Mr. Colin Copeland, having a fair value of $0.0205 per share or $18,450 for his accrued salary balance of $18,000, thereby recognizing a loss on conversion of $450. ● 1,599,240 common shares to Mr. James Robert Payne, having a fair value of $0.0205 per share or $32,784 for his accrued salary balance of $31,985, thereby recognizing a loss on conversion of $799. ● 783,335 common shares to Ms. Zara Victoria Clark, having a fair value of $0.0205 per share or $16,058 for his accrued salary balance of $15,667, thereby recognizing a loss on conversion of $391. (B) Accounts Payable and Accrued Liabilities – Related Parties The following table represents the accounts payable and accrued expenses to related parties as of September 30, 2016 and December 31, 2015, respectively: 9/30/2016 12/31/2015 Accrued salaries $ 33,060 $ 152,875 Expenses payable 12,105 50,734 $ 45,165 $ 203,609 On May 31, 2016, Mr. Peter Smith, officer and director of the Company, decided to convert his partial accrued salary balance of $27,500 to the common shares of the Company at $0.0275 per share. As a result of this conversion, the Company issued 1,000,000 common shares to Mr. Peter Smith having a fair value of $0.0248 per share or $24,800, thereby recognizing a gain on conversion of $2,700. On the same day, Mr. Enzo Taddei, officer and director of the Company, decided to convert his partial accrued salary balance of $27,500 to the common shares of the Company at $0.0275 per share. As a result of this conversion, the Company issued 1,000,000 common shares to Mr. Enzo having a fair value of $0.0248 per share or $24,800, thereby recognizing a gain on conversion of $2,700. On June 15, 2016, all of the officers and directors of the Company decided to convert their partial accrued salaries balance amounting to $250,000 to the common shares of the Company at $0.02 per share. As a result of this conversion, the Company issued 4,500,000 common shares each to Mr. Peter Smith and Mr. Enzo Taddei, having a fair value of $0.0201 per share or $251,250 for their accrued salary balance of $180,000, thereby recognizing a loss on conversion of $900, and issued 3,500,000 common shares to Mr. Patrick Dolan, having a fair value of $0.0201 per share or $70,350 for his accrued salary balance of $70,000, thereby recognizing a loss on conversion of $350. On September 30, 2016, all of the officers and directors of the Company decided to convert their partial accrued salaries balance amounting to $154,014 to the common shares of the Company at $0.02 per share. As a result of this conversion, the Company issued following common stock to its officers and directors: ● 2,720,120 common shares to Mr. Peter Smith, having a fair value of $0.0205 per share or $55,762 for his accrued salary balance of $54,402, thereby recognizing a loss on conversion of $1,360 ● 3,656,697 common shares to Mr. Enzo Taddei, having a fair value of $0.0205 per share or $74,962 for his accrued salary balance of $73,134, thereby recognizing a loss on conversion of $1,828, and ● 1,323,863 common shares to Mr. Patrick Dolan, having a fair value of $0.0205 per share or $27,139 for his accrued salary balance of $26,477, thereby recognizing a loss on conversion of $662. (C) Notes Payable Following is the summary of all non-convertible notes, net of debt discount, including the accrued interest as at September 30, 2016: Date of Note Principal (net of debt discount) Accrued Interest Provision for potential damages Total payable October 9, 2013 $ 120,420 $ 106,196 $ 184,656 $ 411,272 October 17, 2013 319,598 160,402 - 480,000 November 26, 2013 - 37,971 - 37,971 April 29, 2016 129,167 - - 129,167 August 25, 2016 132,083 - - 132,083 Balance, September 30, 2016 $ 701,268 $ 304,569 $ 184,656 $ 1,190,493 ● 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 a five month extension. This stock compensation was issued to the lender also on December 12, 2013. This loan is currently in default. Total accrued interest as at September 30, 2016 is $106,196. The Company also accrued $184,656 provision for potential damages due to the ongoing litigation in the Dubai Courts as of September 30, 2016 which is included in accrued liabilities in the accompanying consolidated balance sheet. (See Note 10) Loan granted in 2013 $ 120,420 Interest accrued in 2013 56,196 Balance at December 31, 2013 $ 176,616 Interest accrued in 2014 50,000 Balance at December 31, 2014 $ 226,616 Interest accrued in 2015 - Potential damages accrued in 2015 184,656 Balance at December 31, 2015 $ 411,272 Interest accrued during the period - Balance at September 30, 2016 $ 411,272 ● 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 principal plus 5% per month interest on or before January 18, 2014. The note holder received, as a form of guarantee, 1,600,000 shares of Direct Security Integration Inc. and the note holder is currently trying to sell these shares. The shares used as a form of guarantee formed part of the assets of our Company. On September 18, 2015, the Company and the note holder agreed to amend the previous terms of the agreement and both parties agreed on the new terms whereby the company is now liable to pay $500,000 as full and final payment of the October 17, 2013 loan principal, accrued interest, and all other related penalties. This repayment will not accrue any further interest or penalties. As a result, the Company has reversed the excess accrued interest and monitoring fee payable amounting to $660,578 recognized as a gain on settlement; leaving the principal loan balance of $319,598 and accrued interest balance $180,402 of as on September 30, 2015. On December 21, 2015, the company repaid first installment of the accrued interest amounting to $20,000; leaving the accrued interest balance of $160,402 and principal loan balance $319,598 of as on December 31, 2015. The remaining installments totaling to $480,000, as per the amended agreement, have not been paid as of September 30, 2016 and the total outstanding balance owed to the lender is also $480,000 as of September 30, 2016. Loan granted in 2013 $ 319,598 Interest accrued in 2013 39,602 Balance at December 31, 2013 $ 359,200 Interest accrued in 2014 390,197 Balance at December 31, 2014 $ 749,397 Monitoring fee accrual 124,175 Interest accrued in 2015 287,006 Interest repayment (20,000 ) Excess interest and monitoring fee gain (660,578 ) Balance at December 31, 2015 $ 480,000 Interest accrued during the period - Balance at September 30, 2016 $ 480,000 ● On April 29, 2016, the Company secured a six month non-convertible loan for $135,000 carrying an original issue discount of $30,000. In addition, the company agreed to pay $5,000 to the note holder to cover their legal costs. The interest will not be accrued on the outstanding principal balance unless an event of default occurs. During the nine months ended September 30, 2016, $4,167 of the debt issuance costs and $25,000 of the debt discount balance was amortized to income statement, leaving an unamortized issue cost and discount balance of $5,833. Principal loan amount $ 135,000 Original issue discount (30,000 ) Issuance costs (5,000 ) Amortization of OID and issuance costs during the period 29,167 Balance at September 30, 2016 $ 129,167 (Net of unamortized discount and issue costs of $5,833) Subsequent to the nine months ended September 30, 2016, the Company amortized remaining debt discount and issue cost balance of $5,833 making the note payable balance amounting to $135,000 and repaid the full amount of this loan note in cash on October 12, 2016. (See Note 11) ● On August 25, 2016, the Company secured a six month non-convertible loan for $167,500 carrying an original issue discount of $37,500. In addition, the company agreed to pay $5,000 to the note holder to cover their legal costs and the interest will not be accrued on the outstanding principal balance unless an event of default occurs. Only in the event of a default hence non-repayment of the Note at the maturity date, the lender would have the right to convert all or any part of the outstanding balance into common shares of the Company at a conversion price equal to 70% of the average of 3 lowest VWAPS in the 20 trading days immediately preceding the applicable conversion. During the nine months ended September 30, 2016, $833 of the debt issuance costs and $6,250 of the debt discount balance was amortized to income statement, leaving an unamortized issue cost and discount balance of $35,417. Principal loan amount $ 167,500 Original issue discount (37,500 ) Issuance costs (5,000 ) Amortization of OID and issuance costs during the period 7,083 Balance at September 30, 2016 $ 132,083 (Net of unamortized discount and issue costs of $35,417) (D) Fixed Price Convertible Note Payable ● On August 27, 2015, the Company secured a six month non-convertible loan for $135,000 carrying an original issue discount of $30,000. In addition, the company agreed to pay $5,000 to the note holder to cover their legal costs and the interest will not be accrued on the outstanding principal balance unless an event of default occurs. During the three months ended March 31, 2016, $1,667 of the debt issuance cost discount and $10,000 of the original issue discount was amortized to income statement, leaving an unamortized issue cost and discount balance of $0. On March 18, 2016, the Company entered into an exchange agreement with the same lender whereby original purchase agreement dated August 27, 2015 was exchanged with the new agreement to extend the loan repayment term until April 17, 2016. The total exchange price for $135,000 of principal of the Old Note was as follows: ● $135,000 principal of New Note, and ● an issuance of 1,000,000 common shares to the lender as exchange shares. Also, in the new note, there was an addition of a conversion option that the lender has right at any time after the exchange date until the outstanding balance has been paid in full, to convert all or any part of the outstanding balance into common shares of the Company at a fixed conversion price of $0.025. There was no beneficial conversion feature as the conversion price was higher than the current market value of the Company’s stock at that time. Since a conversion option was added to the note in the March 18, 2016 modification, this modification was accounted for as a debt extinguishment on that date and $25,200 was recognized as loss on debt extinguishment based on the quoted trading price of $0.0252 per share. On April 28, 2016, St. George decided not to opt for converting the principal loan to common shares. Instead, on April 28, 2016, the Company renegotiated the loan terms, further extending the repayment to July 1, 2016. The terms of this further extension were a one-time 10% interest payment of $13,500 to be added to the principal of $135,000 and the issuance of 3,000,000 common shares. The Company accounted for this further extension as a debt extinguishment of previous extension dated March 18, 2016 and $58,200 was recognized as loss on debt extinguishment comprising of $13,500 of interest payment and $44,700 for issuance of 3,000,000 common shares of the Company valued at the quoted trading price of $0.0149 per share on the date of new exchange. (See Note 8 (b)) On July 1, 2016, after receipt of $148,500 from Mammoth Corporation (New Lender), St. George (Previous Lender) assigned and transferred to the Mammoth Corporation all of its rights, title and interest in and to the promissory note initially issued by the Company to St. George Investments LLC in the amount of $148,500 dated April 28, 2016. The Company re-negotiated the loan terms with new lender (Mammoth Corporation) after the above assignment and issued a restated 9 months convertible promissory note amounting to $163,350 dated July 01, 2016. The terms of this exchanged note were a one-time 10% increase in the principal loan of $14,850, making the principal sum from $148,500 to $163,350. The new lender also has a right, at any time after the issue date of revised note until the outstanding balance has been paid in full, to convert all or any part of the outstanding balance into common shares of the Company at a fixed conversion price of $0.017. Fair value of the Company’s stock as on the date of exchange was $0.0197. This indicated a beneficial conversion feature (BCF) of the Note as the conversion price is lower than the fair value of the Company’s stock as on July 01, 2016. The Company accounted for the difference arising due to BCF amounting to $25,944 as a debt discount with a corresponding effect to additional paid in capital. Interest on unpaid principal balance shall not accrue during the term of the note unless an event of default occurs. The Company accounted for this exchange as a debt extinguishment of previous note dated April 28, 2016 and $14,850 was further recognized as loss on debt extinguishment. On September 16, 2016, the note holder decided to convert partial note balance amounting to $59,500 to the common shares of the Company at the contractual fixed price of $0.017 per share. As a result of this conversion, the Company issued 3,500,000 common shares to Mammoth Corporation. During the nine months ended September 30, 2016, the company amortized $14,948 of debt discount balance arising due to BCF, leaving un-amortized debt discount balance of $10,996 as of September 30, 2016. The outstanding convertible note balance amounted to $103,850 as of September 30, 2016.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Stockholders' Equity	Note 8 - Stockholders’ Equity a) Preferred Stock On November 30, 2011, the Company designated 5,000,000 of its authorized preferred stock as Series “A” convertible preferred shares. 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 On July 15, 2015 the designation of the 5,000,000 Series “A” preferred shares was withdrawn. b) Common Stock During the nine months ended September 30, 2016, the Company issued a total of 33,333,255 common shares in the following manner: ● 350,000 common shares were issued having a fair value of $5,005 based on the quoted trading price of $0.0143 in settlement of fee payables to the Company’s consultants amounting to $5,250, thereby recognizing a gain on conversion of $245. See Note 7 (A) ● 25,483,255 common shares were issued at a fair value of $526,007 in exchange for accrued salaries of $524,665, thereby recognizing a net loss on conversion of $1,342. See Note 7 (A&B) ● 4,000,000 common shares were issued to St. George Investments LLC at a fair value of $69,900 as a modification fee for a loan note. See Note 7(D) ● 3,500,000 common shares were issued to Mammoth Corporation at a fixed contractual conversion price of $0.017 per share as a result of a partial conversion of a convertible note amounting to $59,500. See Note 7(D)

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 – Related Party Transactions Following is the list of related parties and their relationships with the Company for the nine months ended September 30, 2016 and the year ended December 31, 2015: Name Relationship Mr. Peter J. Smith President, Chief Executive Officer and Director Mrs. Angela G. Smith Spouse of Mr. Peter Smith Mr. Enzo Taddei Chief Financial Officer, Secretary and Director Mr. Patrick V. Dolan Managing Director Alpha 1066, Inc. Majority owned by two officers of the Company On July 1, 2015, the Company entered into a consultancy agreement valued at $148,000 with a Nevada Corporation that is majority owned by the two officers of the Company, Mr. Peter Smith and Mr. Enzo Taddei. During the nine months ended September 30, 2015, the Company received $98,000 in cash in lieu of consultancy services provided as per the agreement, thereby recognizing it as revenue from related party in the income statement for the nine months ended September 30, 2015. As discussed in Note 7(B), the company only owed accrued salaries and expenses to some of the above related parties as on September 30, 2016 and December 31, 2015.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 – Commitments and Contingencies ● On October 9, 2013, the Company secured a two month loan for GBP 75,000 (equivalent to $120,420) and issued 10,000 restricted shares of common stock to the lender, The Able Foundation, on December 7, 2013, and also repaid 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 restricted shares of common stock in consideration for a for a five month extension on the loan. This stock compensation was issued to the lender also on December 12, 2013. The Company is currently in litigation, in the courts of Dubai, regarding the Able Foundation loan. The plaintiff, the Able Foundation, is requesting a settlement of $411,272, which is the $226,616 currently owed, and an additional $184,656 accrued in 2015 as a provision for potential damages (see Note 7(C)). On, June 1, 2015, the Company (the defendant) retained the legal services of a Dubai based law firm called Al Safar & Partners. Currently, there is a judgment against the Company (the defendant) for the recovery of $411,272. The Company’s Dubai lawyers, Al Safar & Partners, have subsequently appealed this judgment based on the fact that they believe from a legal stand point that: 1) the Company (the defendant) has not been heard, which is a violation of the fundamental principle of law “Audi Alteram Partem”. 2) there is no legal existence of Global Equity Partners Plc. in Dubai as it is a Republic of Seychelles corporation; hence the Courts of Dubai have no jurisdiction in the matter. According to the Dubai lawyers, the judgment issued against the Company (the defendant) by the Dubai First Instance Court bears no legality and void therefore the Plaintiff´s claim should be rejected in its entirety. These legal proceedings and appeal are currently ongoing. The Company intends to vigorously defend the litigation. At September 30, 2016, the Company cannot predict the outcome of the litigation. ● On October 7, 2015, the Company renewed its rent agreement for its head office in Dubai for a further period of two years. The rental amount was agreed at $31,850 per annum for the first year (from November 2015 until October 2016) and $35,035 for the second year (from November 2016 until October 2017). This rental agreement is renewable for a further one year and if renewed the annual rent will suffer a 5% increase. ● On September 30, 2016, the Board of Directors agreed to discontinue compensating the Company´s CEO for his personal rent allowance in Dubai.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 11 – Subsequent Events ● On October 10, 2016, the Company sold 10,000,000 restricted common shares under SEC Rule 144 to a non-affiliated investor at $0.0135 per share. ● On October 12, 2016, the Company fully paid off a $135,000 six month loan note payable to St. George Investments LLC which was signed on April 29, 2016. ● On October 13, 2016, the Company secured six month non-convertible loan for $135,000 carrying an original issue discount of $30,000 and additional $5,000 to cover legal costs. ● On November 10, 2016, the Company designated 45,000,000 of its authorized preferred stock as Series “B” convertible preferred shares. (see Note 8a) ● On November 11, 2016, Enzo Taddei, Patrick V. Dolan and Peter J. Smith, all Directors of the Company, offered to retire and exchange an aggregate 450,000,000 shares of Common Stock owned by them for 45,000,000 Series “B” Preferred Stock. The Company permitted Messrs. Taddei, Dolan and Smith to exchange 200,000,000, 50,000,000 and 200,000,000 shares of Common Stock, respectively, for 20,000,000, 5,000,000 and 20,000,000 shares of Series “B” Preferred Stock, respectively. As the fair value of the Common Shares retired was the same as the fair value of the Preferred Series “B” shares issued, there was no accounting effect.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation Global Equity International Inc. is the parent company of its two 100% subsidiaries called Global Equity Partners Plc. and GEP Equity Holdings Limited. Global Equity Partners Plc. is the parent company of its 100% subsidiary, GE Professionals DMCC (Dubai). All significant inter-company accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of consolidated 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. Significant estimates in the accompanying financial statements include allowance for doubtful accounts and loans receivable, estimates of fair value of securities received for services, estimates of fair value of securities held, depreciation of fixed assets, valuation allowance on deferred tax assets, derivative valuations, and equity valuations for non-cash equity grants.
Risks and Uncertainties	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 Company´s headquarters are based in Dubai.
Cash	Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. At September 30, 2016 and at December 31, 2015, respectively; the Company had no cash equivalents.
Accounts Receivable and Allowance for Doubtful Accounts	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.
Foreign Currency Policy	Foreign Currency Policy The Company’s accounting policies related to the consolidation and accounting for foreign operations are as follows: The accompanying consolidated financial statements are presented in U.S. dollars. The functional currency of the Company’s Dubai subsidiary is the Arab Emirates Dirham (AED). All foreign currency balances and transactions are translated into United States dollars “$” and/or “USD” as the reporting currency. Assets and liabilities are translated at the exchange rate in effect at the balance sheet date. Revenues and expenses are translated at the average rate of exchange prevailing during the reporting period. Equity transactions are translated using spot rate prevailing at each historical transaction date. Translation adjustments arising from the use of different exchange rates from period to period are included as a component of our stockholders’ equity (deficit) as “Accumulated other comprehensive income (loss).” Since the AED is tagged to the U.S. dollar, translation gains and losses are always de minimis. Gains and losses resulting from foreign currency transactions are included in the statement of operations.
Investments	Investments (A) Classification of Securities Marketable Securities At the time of the acquisition, a marketable 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. Any unrealized gains and losses are reported as a component of other comprehensive income (loss). Realized gains (losses) are computed on a specific identification basis and are reflected in the statement of operations. Cost Method Investments Securities that are not classified as marketable securities are accounted for under the cost method. These securities are recorded at their original cost basis and are subject to impairment testing. (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 statement. 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 record any permanent impairment during the nine months ended September 30, 2016 or 2015.
Fixed Assets	Fixed Assets Fixed assets are 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 statements.
Beneficial Conversion Feature	Beneficial Conversion Feature For conventional convertible debt where the rate of conversion is below market value, the Company records any “beneficial conversion feature” (“BCF”) intrinsic value as additional paid in capital and related debt discount. When the Company records a BCF, the relative fair value of the BCF is recorded as a debt discount against the face amount of the respective debt instrument. The discount is amortized over the life of the debt. If a conversion of the underlying debt occurs, a proportionate share of the unamortized amounts is immediately expensed.
Debt Issue Costs	Debt Issue Costs The Company may pay debt issue costs in connection with raising funds through the issuance of debt whether convertible or not. These costs are recorded as debt discounts and are amortized over the life of the debt to the statement of operations as amortization of debt discount.
Original Issue Discount	Original Issue Discount If debt is issued with an original issue discount, the original issue discount is recorded to debt discount, reducing the face amount of the note and is amortized over the life of the debt to income statement as amortization of debt discount. If a conversion of the underlying debt occurs, a proportionate share of the unamortized amounts is immediately expensed.
Valuation of Derivative Instruments	Valuation of Derivative Instruments ASC 815 “Derivatives and Hedging” requires that embedded derivative instruments be bifurcated and assessed, along with free-standing derivative instruments such as warrants, on their issuance date and measured at their fair value for accounting purposes. In determining the appropriate fair value, the Company uses the Black-Scholes option pricing formula. At September 30, 2015, the Company adjusted its derivative liability to its fair value, and reflected the change in fair value, in its consolidated statement of operations and comprehensive loss as gain (loss) on derivatives. Upon conversion of a note where the embedded conversion option has been bifurcated and accounted for as a derivative liability, the Company records the shares at fair value and relieves all related notes, derivatives and debt discounts and a net gain or loss on debt extinguishment is recorded.
Revenue Recognition	Revenue Recognition We recognize revenue from the services we provide in accordance with ASC Topic 605, Revenue Recognition We receive consideration in the form of cash and/or securities. We recognize cash consideration as revenues as the services are performed either on a pro rata basis or on a milestone basis. Securities received as consideration are often earned at a point in time when the specified event occurs and the securities are issued to us. Therefore, we measure and recognize these securities received at fair value on the date of receipt. If securities are received in advance of completion of our services, the fair value will be recorded as deferred revenue and recognized as revenue as the services are completed. All revenues are generated from clients whose operations are based outside of the United States. At September 30, 2016, the Company had the following concentrations of accounts receivable with customers: Customer September 30, 2016 PDI 43 % EEC 57 % 100 % For the nine months ended September 30, 2016 and 2015, the Company had the following concentrations of revenues with customers: Customer September 30, 2016 September 30, 2015 SAC 0 % 2. 62% MED 0 % 1.31 % TAM 0 % 2.62 % EER 0 % 1.31 % MGP 0 % 2.62 % ALP 0 % 4.29 % UNI 13.10 % 8.84 % DUO 8.11 % 43.11 % PDI 21.89 % 33.27 % QFS 37.89 % 0 % INSCX 2.83 % 0 % GPL 4.25 % 0 % EEC 5.9 % 0 % UGA 4.25 % 0 % SCL 1.42 % 0 % TLF 0.35 % 0 % 100 % 100 %
Deferred Revenue	Deferred Revenue Deferred revenue represents fees that have been received by the Company for requested services that have not been completed. Following table illustrates the movement in deferred revenue during the nine months ended September 30, 2016: Balance, December 31, 2015 $ 839,130 New payments received during the period 120,000 Cash deferred revenue recognized as revenue during the period (457,500 ) Securities deferred revenue recognized as revenue during the period (276,630 ) Balance, September 30, 2016 $ 225,000
Share-based Payments	Share-based Payments The Company recognizes all forms of share-based payments to employees, 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 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 as of the measurement date. Amounts received prior to the measurement date are adjusted to fair value at each reporting period until a measurement date is achieved. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. Share based payments, excluding restricted stock, are valued using a Black-Scholes pricing model. 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 is 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 which are based upon our historical volatility. ● The forfeiture rate is based on historical experience.
Earnings Per Share	Earnings per Share The basic net 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 net earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding during the period. As at September 30, 2016, the Company had a common stock equivalent in the form of a fixed price convertible note, which, if exercisable, would be dilutive. See Note 7(D) The Following table reconciles the dilutive weighted average number of shares outstanding for the nine months ended September 30, 2016: Weighted average common shares – Basic: 784,687,141 Shares underlying convertible debt: 6,108,823 Weighted average common shares – Diluted: 790,795,964
Fair Value of Financial Assets and Liabilities	Fair Value of Financial Assets and Liabilities The Company measures assets and liabilities at fair value based on an expected exit price as defined by the authoritative guidance on fair value measurements, which represents the amount that would be received on the sale of an asset or paid to transfer a liability, as the case may be, in an orderly transaction between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value on either a recurring or nonrecurring basis whereby inputs, used in valuation techniques, are assigned a hierarchical level. The following are the hierarchical levels of inputs to measure fair value: ● Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2: Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. ● Level 3: Unobservable inputs reflecting the Company’s assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. The carrying amounts reported in the balance sheet for prepaid expenses, accounts receivable, accounts payable, accounts payable to related parties and loans payable to related parties, approximate fair value based on the short-term nature of these instruments. The Company measures its derivative liabilities at fair market value on a recurring basis and measures its non-marketable securities at fair value on a non-recurring basis. Consequently, the Company may have gains and losses reported in the statement of operations. The following is the Company’s assets and liabilities measured at fair value on a recurring and nonrecurring basis at September 30, 2016 and December 31, 2015, using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3): September 30, 2016 December 31, 2015 Level 3 – Non-Marketable Securities – Non-recurring $ 3,085,322 $ 2,650,471 The following section describes the valuation methodologies the Company uses to measure financial instruments at fair value: Marketable Securities Non-Marketable Securities at Fair Value on a Nonrecurring Basis Management believes that an “other-than-temporary impairment” would be justified, as according to ASC 320-10 an investment is considered impaired when the fair value of an investment is less than its amortized cost basis. The impairment is considered either temporary or other-than-temporary. The accounting literature does not define other-than-temporary. It does, however, state that other-than-temporary does not mean permanent, although, all permanent impairments are considered other-than-temporary. The literature does provide some examples of factors, which may be indicative of an “other-than-temporary impairment”, such as: ● the length of time and extent to which market value has been less than cost; ● the financial condition and near-term prospects of the issuer; and ● the intent and ability of the holder to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value. Management believes that the fair value of its investment has been correctly measured, as the length of time that the stock has been less than cost is nominal. Changes in Level 3 assets measured at fair value for the nine months ended September 30, 2016 were as follows: Balance, December 31, 2015 $ 2,650,471 Realized and unrealized gains (losses) - Securities received for services during the period 453,965 Securities paid for services during the period (19,114 ) Impairment loss - Balance, September 30, 2016 $ 3,085,322
Reclassification	Reclassification Certain amounts in the December 31, 2015 balance sheet have been reclassified to conform to the current period´s presentation. Accrued liabilities amounting to $184,656 were previously included in the accounts payable.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are no new accounting pronouncements that have any impact on the Company’s financial statements other than discussed below: In March 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-08, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” In May 2016, the Financial Accounting Standards Board issued Accounting Standards Update No. 2016-12, “Revenue from Contracts with Customers (Topic 606)”

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Schedule of Accounts Receivables with Major Customers	At September 30, 2016, the Company had the following concentrations of accounts receivable with customers: Customer September 30, 2016 PDI 43 % EEC 57 % 100 %
Schedule of Revenues from Major Customers	For the nine months ended September 30, 2016 and 2015, the Company had the following concentrations of revenues with customers: Customer September 30, 2016 September 30, 2015 SAC 0 % 2. 62% MED 0 % 1.31 % TAM 0 % 2.62 % EER 0 % 1.31 % MGP 0 % 2.62 % ALP 0 % 4.29 % UNI 13.10 % 8.84 % DUO 8.11 % 43.11 % PDI 21.89 % 33.27 % QFS 37.89 % 0 % INSCX 2.83 % 0 % GPL 4.25 % 0 % EEC 5.9 % 0 % UGA 4.25 % 0 % SCL 1.42 % 0 % TLF 0.35 % 0 % 100 % 100 %
Schedule of Deferred Revenue	Deferred revenue represents fees that have been received by the Company for requested services that have not been completed. Following table illustrates the movement in deferred revenue during the nine months ended September 30, 2016: Balance, December 31, 2015 $ 839,130 New payments received during the period 120,000 Cash deferred revenue recognized as revenue during the period (457,500 ) Securities deferred revenue recognized as revenue during the period (276,630 ) Balance, September 30, 2016 $ 225,000
Schedule of Weighted Average Number of Shares Outstanding	The Following table reconciles the dilutive weighted average number of shares outstanding for the nine months ended September 30, 2016: Weighted average common shares – Basic: 784,687,141 Shares underlying convertible debt: 6,108,823 Weighted average common shares – Diluted: 790,795,964
Schedule of Fair Value of Assets Measured On Recurring and Non-recurring Basis	The following is the Company’s assets and liabilities measured at fair value on a recurring and nonrecurring basis at September 30, 2016 and December 31, 2015, using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3): September 30, 2016 December 31, 2015 Level 3 – Non-Marketable Securities – Non-recurring $ 3,085,322 $ 2,650,471
Schedule of Changes in Level 3 Assets Measured at Fair Value	Changes in Level 3 assets measured at fair value for the nine months ended September 30, 2016 were as follows: Balance, December 31, 2015 $ 2,650,471 Realized and unrealized gains (losses) - Securities received for services during the period 453,965 Securities paid for services during the period (19,114 ) Impairment loss - Balance, September 30, 2016 $ 3,085,322

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Investments Tables
Schedule of Equity Securities in Private Companies	The Company holds following common equity securities in private and reporting companies as at September 30, 2016 and December 31, 2015: 9/30/2016 12/31/2015 Company No. of Shares Book value No. of Shares Book value Status M1 Lux AG 2,000,000 $ - 2,000,000 $ - Private Company Monkey Rock Group Inc. 1,500,000 $ - 1,500,000 $ - Reporting Company – OTC Voz Mobile Cloud Limited 3,200,000 $ - 3,200,000 $ - Private Company Arrow Cars International Inc. 3,000,000 $ 3,000 3,000,000 $ 3,000 Private Company Direct Security Integration Inc. 400,000 $ - 400,000 $ - Private Company Duo World Inc. 3,481,133 $ 880,850 3,460,000 $ 865,000 Reporting Company – OTC Primesite Developments Inc. 5,606,521 $ 1,781,521 5,606,521 $ 1,781,521 Private Company Quartal Financial Solutions AG 2,271 $ 419,365 - - Private Company 19,189,925 $ 3,084,736 19,166,521 $ 2,649,521 The Company holds following preferred equity securities in private companies as at September 30, 2016 and December 31, 2015: 9/30/2016 12/31/2015 Company No. of Shares Book value No. of Shares Book value Status Duo World Inc. 136,600 $ 136 500,000 $ 500 Reporting Company – OTC Primesite Developments Inc. 450,000 $ 450 450,000 $ 450 Private Company 586,600 $ 586 950,000 $ 950

Fixed Assets (Tables)

Fixed Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Fixed Assets Tables
Summary of Fixed Assets	The following table reflects net book value of fixed assets as of September 30, 2016 and December 31, 2015: 09/30/2016 12/31/2015 Useful Life Furniture and Equipment $ 37,655 $ 37,204 3 to 5 years Accumulated depreciation $ (25,710 ) $ (17,123 ) Net fixed assets $ 11,945 $ 20,081

Debt & Accounts Payables (Table

Debt & Accounts Payables (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Accounts Payable and Accrued Liabilities	The following table represents breakdown of accounts payable as of September 30, 2016 and December 31, 2015, respectively: 9/30/2016 12/31/2015 Accrued salaries and benefits $ 82,691 $ 79,386 Other payables & accrued liabilities 108,073 108,951 $ 190,764 $ 188,337
Schedule of Accounts Payable and Accrued Liabilities to Related Parties	The following table represents the accounts payable and accrued expenses to related parties as of September 30, 2016 and December 31, 2015, respectively: 9/30/2016 12/31/2015 Accrued salaries $ 33,060 $ 152,875 Expenses payable 12,105 50,734 $ 45,165 $ 203,609
Summary of Non-Convertible Notes Net of Discount and Accrued Interest	Following is the summary of all non-convertible notes, net of debt discount, including the accrued interest as at September 30, 2016: Date of Note Principal (net of debt discount) Accrued Interest Provision for potential damages Total payable October 9, 2013 $ 120,420 $ 106,196 $ 184,656 $ 411,272 October 17, 2013 319,598 160,402 - 480,000 November 26, 2013 - 37,971 - 37,971 April 29, 2016 129,167 - - 129,167 August 25, 2016 132,083 - - 132,083 Balance, September 30, 2016 $ 701,268 $ 304,569 $ 184,656 $ 1,190,493
Notes Payable [Member]
Schedule of Notes Payable	Loan granted in 2013 $ 120,420 Interest accrued in 2013 56,196 Balance at December 31, 2013 $ 176,616 Interest accrued in 2014 50,000 Balance at December 31, 2014 $ 226,616 Interest accrued in 2015 - Potential damages accrued in 2015 184,656 Balance at December 31, 2015 $ 411,272 Interest accrued during the period - Balance at September 30, 2016 $ 411,272
Schedule of Loans Payable Activity	Principal loan amount $ 135,000 Original issue discount (30,000 ) Issuance costs (5,000 ) Amortization of OID and issuance costs during the period 29,167 Balance at September 30, 2016 $ 129,167 (Net of unamortized discount and issue costs of $5,833)
Notes Payable Bridge Loan [Member]
Schedule of Notes Payable	Loan granted in 2013 $ 319,598 Interest accrued in 2013 39,602 Balance at December 31, 2013 $ 359,200 Interest accrued in 2014 390,197 Balance at December 31, 2014 $ 749,397 Monitoring fee accrual 124,175 Interest accrued in 2015 287,006 Interest repayment (20,000 ) Excess interest and monitoring fee gain (660,578 ) Balance at December 31, 2015 $ 480,000 Interest accrued during the period - Balance at September 30, 2016 $ 480,000
Schedule of Loans Payable Activity	Principal loan amount $ 167,500 Original issue discount (37,500 ) Issuance costs (5,000 ) Amortization of OID and issuance costs during the period 7,083 Balance at September 30, 2016 $ 132,083 (Net of unamortized discount and issue costs of $35,417)

Nature of Operations (Details N

Nature of Operations (Details Narrative)	Sep. 30, 2016	Aug. 22, 2014
GE Professionals DMCC [Member]
Percentage of ownership in subsidiary company	100.00%	100.00%

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net income (loss)	$ (65,130)	$ 232,725	$ 261,808	$ (190,289)
Net cash used in operating activities			251,661	$ 120,366
Working capital deficit	1,625,662		1,625,662
Stockholders' deficit	1,471,605		1,471,605		$ 523,443
Deferred revenue	$ 225,000		$ 225,000		$ 839,130

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Aug. 22, 2014
Cash equivalents
Accrued liabilities	$ 184,656	$ 184,656
Global Equity Partners Plc [Member]
Percentage of equity ownership interest	100.00%
GE Professionals DMCC [Member]
Percentage of equity ownership interest	100.00%		100.00%

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Schedule of Accounts Receivables with Major Customers (Details)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Percentage of account receivables from major customers	100.00%	100.00%
Customer PDI [Member]
Percentage of account receivables from major customers	21.89%	33.27%
Customer EEC [Member]
Percentage of account receivables from major customers	5.90%	0.00%
Accounts Receivable [Member]
Percentage of account receivables from major customers	100.00%
Accounts Receivable [Member] | Customer PDI [Member]
Percentage of account receivables from major customers	43.00%
Accounts Receivable [Member] | Customer EEC [Member]
Percentage of account receivables from major customers	57.00%

Summary of Significant Accoun26

Summary of Significant Accounting Policies - Schedule of Revenues from Major Customers (Details)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Percentage of revenue from major customers	100.00%	100.00%
Customer SAC [Member]
Percentage of revenue from major customers	0.00%	2.62%
Customer MED [Member]
Percentage of revenue from major customers	0.00%	1.31%
Customer TAM [Member]
Percentage of revenue from major customers	0.00%	2.62%
Customer EER [Member]
Percentage of revenue from major customers	0.00%	1.31%
Customer MGP [Member]
Percentage of revenue from major customers	0.00%	2.62%
Customer ALP [Member]
Percentage of revenue from major customers	0.00%	4.29%
Customer UNI [Member]
Percentage of revenue from major customers	13.10%	8.84%
Customer DUO [Member]
Percentage of revenue from major customers	8.11%	43.11%
Customer PDI [Member]
Percentage of revenue from major customers	21.89%	33.27%
Customer QFS [Member]
Percentage of revenue from major customers	37.89%	0.00%
Customer INSCX [Member]
Percentage of revenue from major customers	2.83%	0.00%
Customer GPL [Member]
Percentage of revenue from major customers	4.25%	0.00%
Customer EEC [Member]
Percentage of revenue from major customers	5.90%	0.00%
Customer UGA [Member]
Percentage of revenue from major customers	4.25%	0.00%
Customer SCL [Member]
Percentage of revenue from major customers	1.42%	0.00%
Customer TLF [Member]
Percentage of revenue from major customers	0.35%	0.00%

Summary of Significant Accoun27

Summary of Significant Accounting Policies - Schedule of Deferred Revenue (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Accounting Policies [Abstract]
Beginning balance	$ 839,130
New payments received during the period	120,000
Cash deferred revenue recognized as revenue during the period	(457,500)
Securities deferred revenue recognized as revenue during the period	(276,630)
Ending balance	$ 225,000

Summary of Significant Accoun28

Summary of Significant Accounting Policies - Schedule of Weighted Average Number of Shares Outstanding (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accounting Policies [Abstract]
Weighted average common shares – Basic:	795,548,582	551,531,231	784,687,141	238,222,071
Shares underlying convertible debt:			6,108,823
Weighted average common shares – Diluted:	795,548,582	551,531,231	790,795,964	238,222,071

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Schedule of Fair Value of Assets Measured on Recurring and Non-Recurring Basis (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Level 3 - Non-Marketable Securities - Non-Recurring [Member]
Fair value of assets recurring and non-recurring basis	$ 3,085,322	$ 2,650,471

Summary of Significant Accoun30

Summary of Significant Accounting Policies - Schedule of Changes in Level 3 Assets Measured at Fair Value (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Accounting Policies [Abstract]
Balance, beginning	$ 2,650,471
Realized and unrealized gains (losses)
Securities received for services during the period	453,965
Securities paid for services during the period	(19,114)
Impairment loss
Balance, ending	$ 3,085,322

Investments (Details Narrative)

Investments (Details Narrative)

Jun. 02, 2016$ / sharesshares

Apr. 27, 2016USD ($)$ / sharesshares

Mar. 31, 2016shares

Mar. 29, 2016USD ($)shares

Mar. 29, 2016CHF (SFr)shares

Mar. 29, 2016USD ($)shares

Mar. 29, 2016CHF (SFr)shares

Feb. 08, 2016$ / sharesshares

Sep. 30, 2016USD ($)

Sep. 30, 2015USD ($)

Sep. 30, 2016USD ($)shares

Sep. 30, 2015USD ($)

Dec. 31, 2015shares

Number of shares issued during period

46,133

1,815

1,815

Per share value | $ / shares

$ 0.75

Gain on transfer of preferred stock | $

$ 1,454

Number of shares issued value during period | $

$ 164

Impairment of investments | $

$ 34,600

$ 419,365

$ 419,365

Private Company And Client [Member]

Number of shares issued during period

456

456

Number of shares issued value during period | $

$ 267

CHF [Member]

Number of shares issued value during period | SFr

SFr 160

CHF [Member] | Private Company And Client [Member]

Number of shares issued value during period | SFr

SFr 261

Duo World Inc., [Member]

Number of shares issued during period

25,000

46,133

3,481,133

Per share value | $ / shares

$ 0.75

Preferred Shares [Member] | Duo World Inc., [Member]

Number of shares issued during period

136,600

Preferred Shares [Member] | Duo World Inc., [Member]

Number of shares issued during period

363,400

500,000

Per share value | $ / shares

$ 0.005

Investments - Schedule of Equit

Investments - Schedule of Equity Securities in Private Companies (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Common Stock [Member]
No. of Shares	19,189,925	19,166,521
Book value	$ 3,084,736	$ 2,649,521
Common Stock [Member] | M1 Lux AG [Member]
Company	M1 Lux AG	M1 Lux AG
No. of Shares	2,000,000	2,000,000
Book value
Status	Private Company	Private Company
Common Stock [Member] | Monkey Rock Group Inc. [Member]
Company	Monkey Rock Group Inc.	Monkey Rock Group Inc.
No. of Shares	1,500,000	1,500,000
Book value
Status	Reporting Company – OTC	Reporting Company – OTC
Common Stock [Member] | Voz Mobile Cloud Limited [Member]
Company	Voz Mobile Cloud Limited	Voz Mobile Cloud Limited
No. of Shares	3,200,000	3,200,000
Book value
Status	Private Company	Private Company
Common Stock [Member] | Arrow Cars International Inc. [Member]
Company	Arrow Cars International Inc.	Arrow Cars International Inc.
No. of Shares	3,000,000	3,000,000
Book value	$ 3,000	$ 3,000
Status	Private Company	Private Company
Common Stock [Member] | Direct Security Integration Inc. [Member]
Company	Direct Security Integration Inc.	Direct Security Integration Inc.
No. of Shares	400,000	400,000
Book value
Status	Private Company	Private Company
Common Stock [Member] | Duo World Inc., [Member]
Company	Duo World Inc.	Duo World Inc.
No. of Shares	3,481,133	3,460,000
Book value	$ 880,850	$ 865,000
Status	Reporting Company – OTC	Reporting Company – OTC
Common Stock [Member] | Primesite Developments Inc [Member]
Company	Primesite Developments Inc.	Primesite Developments Inc.
No. of Shares	5,606,521	5,606,521
Book value	$ 1,781,521	$ 1,781,521
Status	Private Company	Private Company
Common Stock [Member] | Quartal Financial Solutions AG [Member]
Company	Quartal Financial Solutions AG	Quartal Financial Solutions AG
No. of Shares	2,271
Book value	$ 419,365
Status	Private Company	Private Company
Preferred Shares [Member]
No. of Shares	586,600	950,000
Book value	$ 586	$ 950
Preferred Shares [Member] | Duo World Inc., [Member]
Company	Duo World Inc.	Duo World Inc.
No. of Shares	136,600	500,000
Book value	$ 136	$ 500
Status	Reporting Company – OTC	Reporting Company – OTC
Preferred Shares [Member] | Primesite Developments Inc [Member]
Company	Primesite Developments Inc.	Primesite Developments Inc.
No. of Shares	450,000	450,000
Book value	$ 450	$ 450
Status	Private Company	Private Company

Fixed Assets (Details Narrative

Fixed Assets (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fixed Assets Details Narrative
Depreciation expense	$ 2,873	$ 2,835	$ 8,587	$ 8,416

Fixed Assets - Summary of Fixed

Fixed Assets - Summary of Fixed Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Furniture and Equipment	$ 37,655	$ 37,204
Accumulated depreciation	(25,710)	(17,123)
Net fixed assets	$ 11,945	$ 20,081
Furniture and Equipment [Member] | Minimum [Member]
Estimated useful life	3 years
Furniture and Equipment [Member] | Maximum [Member]
Estimated useful life	5 years

Debt & Accounts Payables (Detai

Debt & Accounts Payables (Details Narrative)	Sep. 16, 2016USD ($)$ / sharesshares	Aug. 25, 2016USD ($)	Jul. 02, 2016USD ($)$ / shares	Jun. 15, 2016USD ($)$ / sharesshares	May 31, 2016USD ($)$ / sharesshares	Apr. 29, 2016USD ($)	Apr. 28, 2016USD ($)$ / shares	Apr. 28, 2016USD ($)$ / sharesshares	Apr. 27, 2016$ / sharesshares	Apr. 25, 2016USD ($)$ / sharesshares	Mar. 29, 2016shares	Mar. 18, 2016USD ($)$ / sharesshares	Aug. 27, 2015USD ($)	Dec. 12, 2013shares	Dec. 07, 2013USD ($)shares	Dec. 07, 2013GBP (£)shares	Oct. 17, 2013USD ($)	Oct. 09, 2013USD ($)shares	Sep. 30, 2016USD ($)$ / shares	Mar. 31, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)shares	Dec. 21, 2015USD ($)	Sep. 18, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Oct. 17, 2013GBP (£)	Oct. 09, 2013GBP (£)
Debt instrument conversion price per share | $ / shares	$ 0.017
Common stock shares issued for conversion of accrued fee | shares																						6,108,823
Common stock shares issued for conversion of accrued fee value	$ 59,500
Secured loan																	$ 319,598	$ 120,420
Issuance of restricted shares | shares															10,000	10,000		10,000
Issuance of share repay lieu of interest															$ 56,196
Issuance of restricted common stock additionally | shares														20,000
Debt instrument, interest rate																	5.00%
Gain on settlement of debt																					$ 660,578		$ 660,578
Accrued interest balance																			304,569			304,569		$ 304,569
Amortization of debt discount																			39,531		139,367	62,865	355,253
Number of shares issuance of common shares to lender | shares									46,133		1,815
Loss on debt extinguishment																			(8,865)		94,043	(91,814)	146,358
Quoted trading price | $ / shares									$ 0.75
Interest paid																							10,981
Debt beneficial conversion feature			$ 25,944
Promissory note																						225,000	100,000
Convertible Notes Payable [Member]
Amortization of debt discount																						14,948
Unamortized debt discount																			10,996			10,996
Debt conversion of convertible debt																			103,850			$ 103,850
St.George Investments LLC [Member]
Common stock shares issued for conversion of accrued fee | shares																						69,900
Debt instruments principal amount			$ 14,850
Number of shares issuance of common shares to lender | shares																						4,000,000
Loss on debt extinguishment							$ 14,850
Debt instrument interest rate			10.00%
Promissory note								$ 148,500
Debt conversion of convertible debt			$ 163,350
St.George Investments LLC [Member] | Minimum [Member]
Increse in Principal Amount			$ 148,500
St.George Investments LLC [Member] | Maximum [Member]
Debt instrument conversion price per share | $ / shares			$ 0.017
Common stock fair value shares | $ / shares			$ 0.0197
Increse in Principal Amount			$ 163,350
GBP [Member]
Secured loan | £																													£ 200,000	£ 75,000
Issuance of share repay lieu of interest | £																£ 35,000
Mr. Colin Copeland [Member]
Accrued salary																			$ 18,450			$ 18,450
Common stock shares issued for conversion of accrued fee | shares																						900,000
Common stock fair value shares | $ / shares																			$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value																						$ 18,000
Gain on conversion of notes																						450
Mr. James Robert Payne [Member]
Accrued salary																			$ 32,784			$ 32,784
Common stock shares issued for conversion of accrued fee | shares																						1,599,240
Common stock fair value shares | $ / shares																			$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value																						$ 31,985
Gain on conversion of notes																						799
Ms. Zara Victoria Clark [Member]
Accrued salary																			$ 16,058			$ 16,058
Common stock shares issued for conversion of accrued fee | shares																						783,335
Common stock fair value shares | $ / shares																			$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value																						$ 15,667
Gain on conversion of notes																						391
Officers and Directors [Member]
Accrued salary				$ 250,000															$ 154,014			$ 154,014
Debt instrument conversion price per share | $ / shares				$ 0.02															$ 0.02			$ 0.02
Mammoth Corporation [Member]
Debt instrument conversion price per share | $ / shares																			$ 0.017			$ 0.017
Common stock shares issued for conversion of accrued fee | shares	3,500,000																					59,500
Number of shares issuance of common shares to lender | shares																						3,500,000
Mammoth Corporation [Member] | St. George [Member]
Promissory note			$ 148,500
Employees [Member]
Accrued salary																			$ 65,652			$ 65,652
Debt instrument conversion price per share | $ / shares																			$ 0.02			$ 0.02
Mr. Peter Smith [Member]
Accrued salary					$ 27,500														$ 55,762			$ 55,762
Debt instrument conversion price per share | $ / shares					$ 0.0275
Common stock shares issued for conversion of accrued fee | shares					1,000,000																	2,720,120
Common stock fair value shares | $ / shares					$ 0.0248														$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value					$ 24,800																	$ 54,402
Gain on conversion of notes					2,700																	1,360
Enzo Taddei [Member]
Accrued salary					$ 27,500														$ 74,962			$ 74,962
Debt instrument conversion price per share | $ / shares					$ 0.0275
Common stock shares issued for conversion of accrued fee | shares					1,000,000																	3,656,697
Common stock fair value shares | $ / shares					$ 0.0248														$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value					$ 24,800																	$ 73,134
Gain on conversion of notes					$ 2,700																	1,828
Peter Smith and Enzo Taddei [Member]
Accrued salary				$ 180,000
Common stock shares issued for conversion of accrued fee | shares				4,500,000
Common stock fair value shares | $ / shares				$ 0.0201
Common stock shares issued for conversion of accrued fee value				$ 251,250
Gain on conversion of notes				900
Mr. Patrick Dolan [Member]
Accrued salary				$ 70,000
Common stock shares issued for conversion of accrued fee | shares				3,500,000
Common stock fair value shares | $ / shares				$ 0.0201
Common stock shares issued for conversion of accrued fee value				$ 70,350
Gain on conversion of notes				$ 350
Mr. Patrick Dolan [Member]
Accrued salary																			$ 27,139			$ 27,139
Common stock shares issued for conversion of accrued fee | shares																						1,323,863
Common stock fair value shares | $ / shares																			$ 0.0205			$ 0.0205
Common stock shares issued for conversion of accrued fee value																						$ 26,477
Gain on conversion of notes																						662
Notes Payable One [Member]
Interest payable																			$ 106,196			106,196
Accrued provision for potential damages																			184,656			184,656
Outstanding balance owed to lender																			411,272			411,272		$ 411,272			$ 226,616	$ 176,616
Notes Payable Two [Member]
Number of shares issued during period | shares																								1,600,000
Outstanding balance owed to lender																			480,000			480,000		$ 480,000			$ 749,397	$ 359,200
Second Note [Member]
Debt instruments principal amount																								319,598		$ 500,000
Gain on settlement of debt																							660,578
Loans principal balance																					319,598		319,598
Accrued interest balance																					$ 180,402		$ 180,402	$ 160,402	$ 20,000
Installament as per the amended agreement																						480,000
Outstanding balance owed to lender																			480,000			480,000
Third Note [Member]
Secured loan						$ 135,000
Outstanding balance owed to lender																			135,000			135,000
Amortization of debt discount						30,000																25,000
Interest expense						$ 5,000
Debt issuance cost																						4,167
Unamortized debt discount																			5,833			5,833
Fourth Note [Member]
Secured loan		$ 167,500
Amortization of debt discount		37,500																				833
Interest expense		$ 5,000
Debt issuance cost																						6,250
Unamortized debt discount																			$ 35,417			$ 35,417
Debt conversion price percentage		70.00%
New Note [Member]
Debt instrument conversion price per share | $ / shares												$ 0.025
Secured loan												$ 135,000	$ 135,000
Amortization of debt discount													30,000							$ 10,000
Interest expense													$ 5,000
Debt issuance cost																				1,667
Unamortized debt discount																				$ 0
Number of shares issuance of common shares to lender | shares												1,000,000
Loss on debt extinguishment												$ 25,200
Quoted trading price | $ / shares												$ 0.0252
St. George [Member]
Common stock shares issued for conversion of accrued fee | shares								3,000,000
Common stock shares issued for conversion of accrued fee value								$ 135,000
Accrued interest balance							$ 13,500	13,500
Loss on debt extinguishment								$ 58,200
Debt instrument interest rate							10.00%	10.00%
Quoted trading price | $ / shares							$ 0.0149	$ 0.0149
Interest paid								$ 44,700
Consultants [Member]
Accrued salary										$ 5,250
Debt instrument conversion price per share | $ / shares										$ 0.015
One Consultants [Member]
Accrued salary										$ 1,430
Common stock shares issued for conversion of accrued fee | shares										100,000
Common stock fair value shares | $ / shares										$ 0.0143
Common stock shares issued for conversion of accrued fee value										$ 1,500
Gain on conversion of notes										70
Two Consultants [Member]
Accrued salary										$ 3,575
Common stock shares issued for conversion of accrued fee | shares										250,000
Common stock fair value shares | $ / shares										$ 0.0143
Common stock shares issued for conversion of accrued fee value										$ 3,750
Gain on conversion of notes										$ 175

Debt & Accounts Payables - Sche

Debt & Accounts Payables - Schedule of Accounts Payable and Accrued Liabilities (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Accrued salaries and benefits	$ 82,691	$ 79,386
Other payables & accrued liabilities	108,073	108,951
Accounts payable	$ 190,764	$ 188,337

Debt & Accounts Payables - Sc37

Debt & Accounts Payables - Schedule of Accounts Payable and Accrued Liabilities to Related Parties (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Accrued salaries	$ 33,060	$ 152,875
Expenses payable	12,105	50,734
Accounts payable and accrued expenses - related parties	$ 45,165	$ 203,609

Debt & Accounts Payables - Summ

Debt & Accounts Payables - Summary of Non-Convertible Notes Net of Discount and Accrued Interest (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Total payable	$ 701,268	$ 563,351
Non-convertible Notes October 9, 2013 [Member]
Principal (net of debt discount)	120,420
Accrued Interest	106,196
Provision for potential damages	184,656
Total payable	411,272
Non-convertible Notes October 17, 2013 [Member]
Principal (net of debt discount)	319,598
Accrued Interest	160,402
Provision for potential damages
Total payable	480,000
Non-convertible Notes November 26, 2013 [Member]
Principal (net of debt discount)
Accrued Interest	37,971
Provision for potential damages
Total payable	37,971
Non-convertible Notes April 29, 2016 [Member]
Principal (net of debt discount)	129,167
Accrued Interest
Provision for potential damages
Total payable	129,167
Non-convertible Notes August 25, 2016 [Member]
Principal (net of debt discount)	132,083
Accrued Interest
Provision for potential damages
Total payable	132,083
Non-Convertible Notes [Member]
Principal (net of debt discount)	701,268
Accrued Interest	304,569
Provision for potential damages	184,656
Total payable	$ 1,190,493

Debt & Accounts Payables - Sc39

Debt & Accounts Payables - Schedule of Notes Payable (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest accrued		$ 114,930		$ 319,606
Notes Payable One [Member]
Loan granted							$ 120,420
Interest accrued						$ 50,000	56,196
Potential damages accrued					184,656
Notes payable, Ending	411,272		411,272		411,272	226,616	176,616
Notes Payable Two [Member]
Loan granted							319,598
Monitoring fee accrual					124,175
Interest accrued					287,006	390,197	39,602
Interest repayment					(20,000)
Excess interest and monitoring fee gain					(660,578)
Notes payable, Ending	$ 480,000		$ 480,000		$ 480,000	$ 749,397	$ 359,200

Debt & Accounts Payables - Sc40

Debt & Accounts Payables - Schedule of Loans Payable Activity (Details) - USD ($)	Sep. 30, 2016	Oct. 17, 2013	Oct. 09, 2013
Principal loan amount		$ 319,598	$ 120,420
Loan Payable One [Member]
Principal loan amount	$ 135,000
Original issue discount	(30,000)
Issuance costs	(5,000)
Amortization of OID and issuance costs during the period	29,167
Balance	129,167
Net of unamortized discount and issue costs	5,833
Loan Payable Two [Member]
Principal loan amount	167,500
Original issue discount	(37,500)
Issuance costs	(5,000)
Amortization of OID and issuance costs during the period	7,083
Balance	132,083
Net of unamortized discount and issue costs	$ 35,417

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Sep. 16, 2016	Apr. 27, 2016	Mar. 29, 2016	Nov. 30, 2011	Sep. 30, 2016	Jul. 15, 2015
Number of stock issued during peirod		46,133	1,815
Common stock shares issued for conversion of accrued fee					6,108,823
Rights: 10 votes per		$ 0.75
Common stock shares issued for conversion of accrued fee value	$ 59,500
Debt instrument conversion price per share	$ 0.017
Mammoth Corporation [Member]
Number of stock issued during peirod					3,500,000
Common stock shares issued for conversion of accrued fee	3,500,000				59,500
Debt instrument conversion price per share					$ 0.017
St.George Investments LLC [Member]
Number of stock issued during peirod					4,000,000
Common stock shares issued for conversion of accrued fee					69,900
Convertible Series A Preferred Stock [Member]
Number of preferred stock designated						5,000,000
Convertible Series B Preferred Stock [Member] | November 10, 2016 [Member]
Number of preferred stock designated					45,000,000
Preferred stock voting rights					10 votes per share
Series A Preferred Stock [Member]
Number of preferred stock designated				5,000,000
Preferred stock voting rights				10 votes per share
Common Stock [Member]
Number of stock issued during peirod					33,333,255
Common stock shares issued for conversion of accrued fee					350,000
Rights: 10 votes per					$ 0.0143
Common stock shares issued for conversion of accrued fee value					$ 5,005
Accured fee					5,250
Gain loss on conversion of notes					$ 245
Common Stock One [Member]
Number of stock issued during peirod					25,483,255
Common stock shares issued for conversion of accrued fee					526,007
Accured fee					$ 524,665
Gain loss on conversion of notes					$ 1,342

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jul. 02, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue - related party clients			$ 98,000		$ 98,000
Consultancy Agreement [Member] | Peter Smith and Enzo Taddei [Member]
Related party transaction amount	$ 148,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Oct. 07, 2015USD ($)	Jun. 01, 2015USD ($)	Dec. 07, 2013USD ($)shares	Dec. 07, 2013GBP (£)shares	Dec. 07, 2013shares	Oct. 09, 2013USD ($)shares	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Oct. 17, 2013USD ($)	Oct. 17, 2013GBP (£)	Oct. 09, 2013GBP (£)
Secured loan						$ 120,420			$ 319,598
Restricted shares | shares					10,000	10,000
Repayment of loan			$ 56,196
Excess of restricted stock issued | shares			20,000	20,000	20,000
Litigation settlement amount							$ 411,272
Due to litigation amount		$ 411,272					226,616
Litigation damages								$ 184,656
Lease agreement period	2 years
Rental expenses	$ 31,850
Renewed Lease Agreement [Member]
Lease agreement renewable period	1 year
Rent percentage highter than current rent payble	5.00%
Renewed Lease Agreement [Member] | from November 2015 until October 2016 [Member]
Rental expenses							31,850
Renewed Lease Agreement [Member] | from November 2016 until October 2017 [Member]
Rental expenses							$ 35,035
GBP [Member]
Secured loan | £										£ 200,000	£ 75,000
Repayment of loan | £				£ 35,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Oct. 13, 2016	Oct. 12, 2016	Oct. 10, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Nov. 10, 2016	Oct. 17, 2013	Oct. 09, 2013
Secured loan									$ 319,598	$ 120,420
Amortization of debt discount				$ 39,531	$ 139,367	$ 62,865	$ 355,253
Subsequent Event [Member]
Number of preferred stock designated								450,000,000
Secured loan	$ 135,000
Amortization of debt discount	30,000
Legal costs	$ 5,000
Subsequent Event [Member] | Enzo Taddei [Member]
Number of preferred stock designated								200,000,000
Subsequent Event [Member] | Enzo Taddei [Member] | Convertible Series B Preferred Stock [Member]
Number of preferred stock designated								20,000,000
Subsequent Event [Member] | Patrick V. Dolan [Member]
Number of preferred stock designated								50,000,000
Subsequent Event [Member] | Patrick V. Dolan [Member] | Convertible Series B Preferred Stock [Member]
Number of preferred stock designated								5,000,000
Subsequent Event [Member] | Peter J. Smith [Member]
Number of preferred stock designated								200,000,000
Subsequent Event [Member] | Peter J. Smith [Member] | Convertible Series B Preferred Stock [Member]
Number of preferred stock designated								20,000,000
Subsequent Event [Member] | Convertible Series B Preferred Stock [Member]
Number of preferred stock designated								45,000,000
Subsequent Event [Member] | St.George Investments LLC [Member]
Repayment of debt		$ 135,000
Subsequent Event [Member] | Restricted Stock [Member] | Non-Affiliated Investor [Member]
Number of restricted common shares sold			10,000,000
Sale of stock price per share			$ 0.0135