The public is informed that the issuance of a certificate of incorporation only grants XTREME a juridical personality but does not constitute an authority or license for the corporation to engage in activities that require a secondary license from the SEC.
Date Posted: 6 May 2020
XTREME HOUSE OF BEAUTY
The Securities and Exchange Commission has received information that individuals or group of persons representing XTREME HOUSE OF BEAUTY (“XTREME” for brevity),areoffering investments opportunitiesto the publicthrough Facebookand YouTube.Based on information gathered by the Commission, the entry packages for the marketing plan of XTREME HOUSE OF BEAUTY are:1)SSS Package-Php 1,888.00SSS package isfor Students, Seniorsand Special Caseswhich includes:Direct referral bonus Php 150
Sales match bonus Php 500 Maximum income isPhp6,000 per day or 12 paired pointsBinary Capping is at 15kBinary Points 0.25 points5thPair Bonus30% discount on all products 2)Bronze Package-Php 6,888.00The bronze package includes:Direct referral bonus Php 500Sales match bonus equivalent to1 point orPhp 3,000Maximum potential income worth Php 55,0002k worth of productsFundamentals of e-commerce worth 5k30% discount on all products100k accident death insuranceDiscounts in all tie up merchants3)Silver Package-Php 14,888.00The silver package includes:Direct referral bonus Php 1,500Sales match bonus equivalent to2 points orPhp 6,000Maximum potential income worth Php 150,0005k worth of productsE-commercetraining workshop worth 10k30% discounts on all products100k accident death insuranceDiscounts in all tie up merchants4)Gold Package -Php28,888.00The gold package includes:Direct referral bonus Php 5,000Sales match bonus equivalent to3 points orPhp 9,000
Maximum potential income worth 300,0009k worth of productsE-commerce training workshop worth 20k30% discount on all products100k accident death insuranceDiscounts in all tie up merchantsXtreme IncentivesApart from the abovementioned packages, XTREME HOUSE OF BEAUTY has just recently offered to the public two entry packages worth Php 1,588 and Php 1,988, respectively,and promised “DOUBLE YOUR MONEY IN 30 DAYS”to investors who availed of any of the two packages.Accordingly, XTREME HOUSE OF BEAUTY lures the public to invest in their scheme through referral system designed to encourage its members to recruit others in order to earn income. XTREME HOUSE OF BEAUTY claims to be registered with the Commission as a Corporation with SEC Company Registration Number: CS20200000956 and its certificate of incorporation was purportedly issued on 06 March 2020 by the Commission.
The public is informed that the issuance ofa certificate of incorporation only grants the said corporation a juridical personality but does not constitute an authority or license for the corporation to engage in activities that require a secondary license from the SEC. Consequently, the Commission encourages the public to be prudent in making or placing their monies on these entities especially during this pandemic.The public is advised NOT TO INVESTor STOP INVESTINGin any investment scheme being offered by any individual or group of persons allegedly for and in behalf of XTREME HOUSE OF BEAUTY and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of said entity.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, March 19, 2014).Everyone is reminded that aside from the strict penalties imposed by the Commission for violations of the Securities Regulation Code, the Revised Corporation Code, and such other rules and regulation it enforces, the Bayanihan to Heal as One Act(Republic Act No. 11469) also punishes those participating in cyber incidents that make use or take advantage of the current crisis situation to prey on the public through scams, phishing, fraudulent emails, or other similar acts.The Commission urges anyone who has knowledge or information about any business transactionsinvolving these securities or investment opportunities to report such activitiesso that appropriate actions could be taken through the email of the Enforcement and Investor Protection Department at firstname.lastname@example.org.For the guidance of the public.Pasay City, 5 May 2020