Global Equity International Inc (OTCBB:GEQU) Climbing Higher

[[tagnumber 0]][[tagnumber 1]]After a poor performance through the first half of the year we see Global Equity International Inc (OTCBB:GEQU) climbing the charts in this month. And the price isn’t the only thing that has increase. We also see above–average daily volumes that indicated an increase in investor interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Recently, the company has been issuing optimistic press releases that have fueled this interest. And it seems to be working, despite the fact that, while [[tagnumber 6]]GEQU[[tagnumber 7]] is in the business of providing services and securing funding for companies that want to become public, is in quite a bad shape itself. Here are just some of the numbers contained in the company’s report for the first quarter of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $1,979[[tagnumber 13]] [[tagnumber 12]]current assets: $70,150[[tagnumber 13]] [[tagnumber 12]]current liabilities: $2,923,920[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $15,000[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: $795,820[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers are pretty terrifying even by OTC standards. On the good side, the company has managed to clear nearly all of its toxic debt. On July 16 [[tagnumber 6]]GEQU[[tagnumber 7]] announced that they have a total of $19,582 in the form of two convertible notes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]His helped the ticker get back on track after two sessions in the red and finish the week with a 20% gain. This week also started very good for the company stock after another press release. [[tagnumber 6]]GEQU[[tagnumber 7]] added 29.17% to its value yesterday and closed at $0.0062 with a total of 16 million traded shares that generated $91 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today we see the ticker doing relatively fine, sitting 17.74% as of the writing of this article. Still, that doesn’t mean that you should skip doing your due diligence and weighing out the risks before putting any money on the line, especially when you consider the fact that the ticker is being targeted by pumpers.[[tagnumber 2]]