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8-K - CURRENT REPORT DATED 9-18-15 - ARGENTUM 47, INC.g8014.txt

                                                                    Exhibit 10.1

      ADDENDUM TO LOAN AGREEMENT BETWEEN GLOBAL EQUITY INTERNATIONAL INC.,
                  MMW CAPITAL LIMITED AND ELW CAPITAL LIMITED

THIS  ADDENDUM  TO  A  LOAN  AGREEMENT   executed  on  October  17,  2013  (this
"Agreement") is made on September 18, 2015.

                                     BETWEEN

1.   MWW CAPITAL  LIMITED  ("MWW") a company  incorporated in the British Virgin
     Islands under the Companies Act with  registration  number 1628139 and with
     its registered  office at OMC Chambers,  Wickham Cay 1, Road Town,  Tortola
     BVI;

2.   ELW CAPITAL  LIMITED  ("ELW") a company  incorporated in the British Virgin
     Islands under the Companies Act with  registration  number 1628399 and with
     its registered  office at OMC Chambers,  Wickham Cay 1, Road Town,  Tortola
     BVI (together the "FUNDERS");

3.   GLOBAL EQUITY  INTERNATIONAL  INC.  ("GEI")  incorporated and registered in
     Nevada  with its head  office in Dubai with  business  number  NU2010741228
     whose head office is at X3 Jumeirah Bay Tower,  Office 3305, JLT, Dubai UAE
     (the "BORROWER").

                                    WHEREAS:

a)   GEI received a loan amounting to (Great Britain pounds)200,000  (equivalent
     to  $319,598  at the date of receipt of the  initial  loan) on October  17,
     2013.

b)   The term of the loan was 5% per month for 3 months.

c)   At  today's  date GEI has not  repaid the loan  principal  nor the  accrued
     interest nor any of the stipulated penalties hence the loan is currently in
     default.

d)   Since  GEI is a fully  reporting  company  to the SEC,  any  material  cash
     commission or revenue (e.g., $50,000 or more) will have to be disclosed, by
     law, in a Current  Report on SEC Form 8-K within four days after  receiving
     any material cash commission or revenue .

                       NOW IT IS HEREBY AGREED AS FOLLOWS:

1.   MWW Capital  Limited and ELW Capital  Limited have jointly  agreed that GEI
     can repay a total of $500,000 (Five Hundred Thousand USD) as full and final
     payment of the October 17, 2013 loan  principal,  accrued  interest and all
     other related penalties.

2.   $319,598 of said $500,000 will be treated as the principal  loan amount and
     $180,402  will be treated as the accrued  interest and  penalties  from the
     date of this  agreement  onwards.  The  rest of the  accrued  interest  and
     penalties will be written off by all parties involved in this transaction.

3. This repayment amount of $500,000 will not accrue any further interest or penalties. 4. The term of the repayment of the $500,000 are as follows: a) An initial payment of $20,000 (Twenty Thousand USD) on or before October 15, 2015. b) A payment of $50,000 (Fifty Thousand USD) on or before December 31, 2015. c) A payment of $50,000 (Fifty Thousand USD) on or before March 31, 2016. d) A payment of $60,000 (Sixty Thousand USD) on or before June 30, 2016. e) A final balloon payment amounting to $320,000, which is equivalent to the initial loan principal (Three Hundred and Twenty Thousand USD) on or before September 30, 2016. The final balloon payment will be partially repaid sooner than September 30, 2016 in the event that GEI receives a cash commission or revenue from any one of the followings funding deals it believes will close in the near future: VT Hydrocarbons, International FIM SRL, Regiscard Group, Medinas Holdings BV. 5. The payment shall to transferred to the following bank account: Beneficiary: Eden Corporate Finance Limited IBAN: **************** Sort Code: **************** A/C number: **************** BIC Code: **************** 6. Any payments due to lawyers will be agreed in a separate agreement; hence, this addendum will not be subject to any other agreement with another third parties. 2
7. This agreement supersedes the October 17, 2013 loan agreement in its entirety. 8. This Agreement is governed and is to be construed in accordance with the law of England and Wales and the Parties hereby adhere to the exclusive jurisdiction of the courts of England and Wales in respect of any dispute arising from this Agreement. (PURPOSELY LEFT BLANK) WHEREOF, GLOBAL EQUITY INTERNATIONAL INC., MWW CAPITAL LIMITED AND ELW CAPITAL LIMITED have executed and delivered this agreement as of the date first mentioned above. Global Equity International Inc. Global Equity International Inc. /s/ Enzo Taddei /s/ Peter James Smith -------------------------------- -------------------------------- Enzo Taddei Peter James Smith Director CFO and Director Director CEO and Director MWW Capital Limited ELW Capital Limited /s/ Kevin O'Farrell /s/ Kevin O'Farrell -------------------------------- -------------------------------- Kevin O'Farrell Kevin O'Farrell Rep. for MWW Capital Ltd. Rep. for ELW Capital Ltd.