EVERY SUPERMARKET, TINDAHAN XPRESS INC., MP.SALES INC. are not authorized to solicit investments from the public
Date Posted: 19 August 2021
The Securities and Exchange Commission (“Commission”) has received information
that individuals or group of persons of person representing
from the public.
Based on information gathered by the Commission,
be the “supermarket brand” of
TINDAHAN EXPRESS INC
and promoted and marketed by
der and CEO/President is
RAYMOND P. PINEDA
offers two (2) programs:
Under this program, the applicant may invest
THREE HUNDRED SEVENTY EIGHT
FIVE HUNDRED FIFTY THOUSAND
, depending on the selected
plan, projecting an earning opportunity
with a “conservative” return of income ranging from
“10% to 20% earnings per year.”
It shows as its project an
ongoing construction of EVERY SUPERMARKET in LIPA BRANCH.
To join, prospective clients are required to attend a Business Partnership
filled out Application Form and
6% Admin Fee
either thru cash, check
, bank deposit and
online fund transfer.
earnings or profit
shall be generated
goods, lease from conce
ssionaires, listing fee and display allowance in the store.
The public is hereby warned that such investment scheme are considered as
securities subject to the regulatory authority of this Commission. The offering and selling
of securities to the publi
c without a permit or license is a violation of Section 8.1. of the
Securities Regulation Code.
Please be informed that
is not registere
d with the Commission
TINDAHAN XPRESS INC.
26 July 2019
Registration No. CS201912476
was registered as a corporation
SEC Registration No. CS2019
However, such registration
juridical personality to the corporation
but does not authorize
to issue sell or offer for
sale securities to the public nor undertake business activities requiring secondary license
from the Commission.
TINDAHAN XPRESS INC., MP.SALES INC.
to solicit inv
estments from the pu
blic as they
did not secure prior registration and/or license to
solicit investments from the Commission as prescribed under Section 8 of the Securities
Accordingly, those who invite or recruit other people to join or invest in this ve
or offer investment contracts or securities to the public may be held criminally liable under
Section 28 of the SRC penalized with a maximum fine of Five Million Pesos (P 5,000,000.00)
or imprisonment of Twenty One (21) years or both pursuant to Sect
ion 73 of the SRC (
vs. Oudine Santos
G.R. No. 195542, 19 March 2014).
In view thereof, the public is hereby advised to exercise caution before investing in
these kinds of activities and to take the necessary precautions in dealing with
TINDAHAN XPRESS INC.
view thereof, the public is further advised
NOT TO INVEST
TO STOP INVESTING
investment scheme being offered by aforesaid entities/individuals.
Should you have any information regarding the operation of the subject entity,
please call the Enforcement and Investor Protection Department at telephone numbers
6047 or send your report to the EIPD at
For the guidance of the public.
Pasay City, 19 August 2021