Date Posted: 15 April 2016
DRAGON ONE NETWORK
The Securities and Exchange Commission (SEC) has received reports that DRAGON ONE NETWORK TRENDS CORPORATION (Reg. No. CS201635627) also known as “DRAGON ONE” is engaged in investment taking activities wherein “an investor may choose from among the packages ranging from Php1,800.00 up to Php 360,000.00. Upon payment of the chosen package, the investor will receive a package product and four (4) company vouchers or post-dated checks equivalent to 34.72% of the investment which will mature at intervals of 15 days. All four (4) company vouchers or post-dated checks will be encashed in two months. Investors are enticed to join the company because of the profits they will get when all the checks are encashed in 6 days.” An investment therefore of Php 1 ,800.00 will earn P2,500 in 60 days; Php 5,400.00 will earn Php7,500.00 also in 60 days while the maximum investment of Php360,OOO.OO will earn Php 500,000.00 also in 60 days.
Records of the SEC show that DRAGON ONE NETWORK TRENDS CORPORATION (Reg. No. CS201635627) also known as “DRAGON ONE” is not authorized to solicit investments from the public as it did not secure the necessary permit from the SEC as required under Section 8 of the Securities Regulation Code (SRC). Moreover, its incorporators and officers are not licensed to solicit investments. The authorized purposes of DRAGON ONE, as stated in its Articles of Incorporation, DO NOT include investment-taking activities.
people to join or invest in this venture or the public may be held criminally liable accordance with the Supreme Court Santos (G.R. No. 195542, March 19,
INVESTING in this kind of activity with DRAGON ONE.
to the unauthorized investmentTRENDS CORPORATION please Protection Department at telephone and (02) 584-7652 (Investigation to firstname.lastname@example.org.
Those who invite or recruit other offer investment contracts or securities to or accordingly sanctioned or penalized in decision in the case of SEC vs. Oudine 2014).
The public is advised TO STOP FROM and to take necessary precautions in dealing
If anyone has any information relating taking activities of DRAGON ONE NETWORK call the Enforcement and Investor numbers (02) 584-6337 (Office of the Director) and Prosecution Division) or send an email Mandaluyong City, April 7, 2016.