SEC Facebook

The Commission has received information that individuals or group of persons representing REQUIZA POULTRY/REQUIZA POULTRY, claiming to be registered with the Department of Trade and Industry under the business name REQUIZA AGRICULTURAL PRODUCTS TRADING, are enticing the public to invest in the said entity. Based on thereports,REQUIZA POULTRY/REQUIZA FARM/ REQUIZA AGRICULTURAL PRODUCTS TRADING(“REQUIZA POULTRY” for brevity) offers to the public an investment witha promise of return of 40% to 50% of thecapital every 60 days. In itswebsite,1REQUIZA POULTRY represents that is engaged in the poultry business and promises the public a 50% guaranteed return of their investments.The scheme being employed by said entity is to entice the prospective investors to purchase a minimum of thirty-five (35) chicks for Three Thousand Five Hundred Pesos (Php3,500.00)and just wait for a period of sixty (60) days toget back the amount invested andharvest their rewardsof up to fifty percent (50%) of thecapital.A copy of what appears to be its investment table is as follows:Harvest rewards every 60 daysNumber of chicksCost of chicksfeeds/vitamins/vaccinesCapitalTotal return after 60 days (1 harvest)35100.003,500.005,250.0075100.007,500.0011,250.00100100.0010,000.0015,000.00200100.0020,000.0030,000.00500100.0050,000.0075,000.001,000100.00100,000.00150,000.002,500100.00250,000.00375,000.005,000100.00500,000.00750,000.00Note: All withdrawals will be every 15thand 30thof the monthFurthermore, its member dashboardaccount illustrates the advantage of availing ofthe“profit withdrawal”vs.“capital and profit withdrawal,”as follows: Capital and profit withdrawalVs Profit withdrawalNote:You have three choice every harvest.1st Withdraw your capital and profit.2nd Withdraw your profit and retain your capital.3rd Retain capital and profit to purchasechicks.In a public post in its Facebook account, it further solicits investment by its referral bonus program, to state:1https://www.requizafarm.com/home
The public is hereby informed that REQUIZA POULTRY/REQUIZA FARM/ REQUIZA AGRICULTURAL PRODUCTS TRADINGis not registered with the SECeither as a corporation or a partnership. Further, it is not authorized to solicit investments from the publicas the above-mentioned entity did not secure prior registration and/or license to solicit investment from the Commission as prescribed under Section 8 of the Securities Regulation Code (SRC).Those who act as salesmen, brokers, dealers or agents of REQUIZA POULTRY/REQUIZA FARM/ REQUIZA AGRICULTURAL PRODUCTS TRADINGin selling or convincing people to invest in the investment scheme being offeredbyREQUIZA POULTRY/REQUIZA FARM/ REQUIZA AGRICULTURAL PRODUCTS TRADINGincluding solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of FIVEMILLIONPESOS(Php5,000,000.00) or a maximum penalty of TWENTYONE(21) yearsofimprisonment or BOTHpursuant to Section 73 of the SRC. Accordingly, those who invite or recruit other people to join or invest in this venture or offer investment contracts or securities to the public may be held criminally 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, 19 March 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 may be correspondingly assessed.In view thereof, the public is hereby advised to stop investing in these kinds of activities and to take the necessary precaution in dealing with REQUIZA POULTRY/REQUIZA FARM/ REQUIZA AGRICULTURAL PRODUCTS TRADING.Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers 818-6047. For the guidance of the public.