Global Equity International, Inc. (OTCBB:GEQU) announced that it has entered into an agreement with new investor Xantis Private Equit and Xantis Investments Securitisation Fund, funds managed by Xantis Sa for private placement of a convertible note for gross proceeds $2,678,000 on January 11, 2018. The note will issue at par value. The note carries a coupon of 6% per annum, payable semi-annually. Each convertible note shall be due and payable on the 366th calendar day following receipt by the borrower of each tranche. The note is convertible into common shares of the company at a conversion price of $0.02 per share or the average closing price of borrower’s common stock on the Over-the-Counter Bulletin Board for the prior 60 trading days. The loan will be funded in one or more tranches commencing within the month of January 2018.