DV BOER FARM CORPORATION
Posted 30 April 2019

 SEC ADVISORY

 

The Commission has received information that individuals or group of persons representing DV BOER FARM CORPORATION (DV Boer) are enticing the public to invest in the said entity online and through walk-in solicitations.

 

Based on the information communicated and gathered by the Commission, DV Boer is engaged in soliciting investments where an investor may invest in the following “Pa-iwi Programs”:

  • Goat Dairy Pa-iwi Program
    1. A 36-month Pa-iwi
    2. Costs Php160,000.00.
    3. 15 heads of goats shall be purchased for the investor
    4. With the following payouts:
      1. 12th month for Php22,500
      2. 20th month for Php45,000
  • 28th month for Php45,000
  1. 36th month for Php45,000
  2. Thereafter, a salvage value of Php75,000
  1. A total of 15% interest per annum.

 

  • Goat Meat Pa-Iwi Program
    1. A 35-month Pa-iwi
    2. Costs Php160,000
    3. 15 heads of goats shall be purchased for the investor
    4. The payouts will be received on the following:
      1. 11th month for Php22,500
      2. 19th month for Php45,000
  • 27th month for Php45,000
  1. 35th month for Php45,000
  2. Thereafter, a salvage value of Php75,000
  1. A total of 15% interest per annum.

 

  • Chicken Breeding Program
    1. A 18-Month Pa-iwi
    2. Costs Php100,000
    3. 100 heads of chicken shall be purchased for the investor
    4. The payout will be received at the 18th month in the amount of Php20,000 and thereafter, a salvage value of Php100,000.
    5. A total of 20% interest per annum.

 

  • Cattle Affinuer Program
    1. A 1-year Pa-iwi
    2. Costs Php1,000,000
    3. 40 head of cows shall be purchased for the investor
    4. The payouts will be received on the 13th month in the amount of Php150,000.
    5. A return of 15% per annum.

 

  • Dairy Cattle Breeding Pa-iwi Program
    1. A 3-year pa-iwi
    2. Costs Php2,060,000.
    3. 5 heads of the cows shall be purchased for the investor
    4. With the following payouts:
      1. 12th month for Php600,000
      2. 24th month for Php600,000
  • 36th month for Php600,000
  1. Thereafter, a salvage value of the Php2,000,000
  1. A return of 30% per annum

 

  • Rabbit Pa-iwi Program
    1. A 1-year pa-iwi
    2. Cost Php10,000.00.
    3. 3 heads of rabbits shall be purchased for the investor.
    4. The payout shall be received at the end of the 1-year period in the amount of Php900.
    5. Thereafter, the salvage value of Php10,000 is also returned by DV Boer to the investor.
    6. A return of 9% per annum.

Allegedly, the money invested will be used to fund the company’s diverse businesses “Pa-iwi Programs” carried out by DV Boer or its sub farms.

 

The public is hereby informed that DV BOER FARM CORPORATION is registered with the Commission ONLY as a corporation under the Corporation Code of the Philippines but is NOT authorized to offer, solicit, sell or distribute any investment/securities. Such activities require a Secondary License from the Commission and the securities or investment product should likewise be registered with SEC before they can be offered or sold to the public under Sections 8 and 12 of the Securities Regulation Code (SRC).

 

Consequently, those who act as salesmen, brokers, dealers or agents of DV BOER FARM CORPORATION in selling or convincing people to invest in the investment scheme including solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the Securities Regulation Code and penalized with a maximum fine of Five Million pesos (P5,000,000.00) or penalty of Twenty One (21) years imprisonment or both pursuant to Section 73 of the SRC.

 

Accordingly, those who invite or recruit other people to join or invest in this venture or offer contracts or securities to the public may be held liable or accordingly sanctioned or penalized in accordance with the Supreme Court decision in the case of SEC vs. Oudine Santos (G.R. No. 195542, March 19, 2014).

 

Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed.

 

In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precaution in dealing with DV BOER FARM CORP. or its representatives.

 

Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers 818-6337.

 

For guidance of the public..