SEC Facebook

Based on reports and information gathered by the
Commission
,
, individuals or
group of persons claiming to represent
GROUND ZERO POULTRY AGRICULTURAL CORPORATION
is enticing the public
throug
h social media to invest in said entity.
Based on the information gathered,
GROUND ZERO POULTRY AGRICULTURAL
CORPORATION
is enticing the public to participate in its poultry farm pursuits.
An
investor may opt to invest with as low as
Twenty Thousand P
esos (Php20,000.00)
with
36% up to 80% guaranteed Return On Investment (ROI) for the lock
–
in
period of 6 months or 12 months.
In this regard, the public is made aware that an “investment contract”
which is a
kind of security,
exists when there is an inve
stment or placement of money in a
common enterprise with a reasonable expectation of profits to be derived from the
efforts of others which is prominent in
the scheme of
GROUND ZERO POULTRY
AGRICULTURAL CORPORATION
.
As such, the Securities Regulation Code
(SRC) requires that said offer and sale of
securities must be duly registered with the Commission and that the concerned entity
and/or its agents should have the appropriate registration and/or license to sell such
securities to the public.
Records of
the Commission show that
GROUND ZERO POULTRY
AGRICULTURAL CORPORATION
is registered with the Commission on November 29,
2021.
However, such registration merely grants juridical personality to the corporation
but does not authorize them to issue, sell or o
ffer for sale securities to the public nor
undertake business activities requiring a secondary license.
Further, per records of the Commission,
GROUND ZERO POULTRY
AGRICULTURAL CORPORATION
is not authorized to solicit investments from the
public as this e
ntity did not secure prior registration and/or license to solicit
investment from the Commission as prescribed under Sections 8 and 12 of the
Securities Regulation Code
.
Upon thorough investigation,
GROUND ZERO POULTRY AGRICULTURAL
CORPORATION
is connect
ed with
HUSTLIN BULLIES
and
GROUND ZERO POULTRY
.
The Commission
has
already posted an ADVISORY against the said entities dated
September 14, 2021 and February 8, 2022
, respectively
.
T
he scheme employed by
GROUND ZERO POULTRY AGRICULTURAL
CORPORATION
,
has
the characteristics
of a
“Ponzi Scheme”
where
monies from new
investors are used in paying “fake profits” to prior investors
and is designed mainly to
favor its top recruiters and prior risk takers and is detrimental to subsequent members
in case of scarc
ity of new investors.
The offering and selling of securities in the form of investment contracts using
the
“Ponzi Scheme”
which is fraudulent and unsustainable, is
NOT
a registrable
security. The Commission will not issue a License to Sell Securities
to the Public to
persons or entities that are engaged in this business or scheme.
In view thereof, the public is hereby advised to
STOP INVESTING
in the
investment scheme being offered by
GROUND ZERO POULTRY AGRICULTURAL
CORPORATION
,
and its
representati
ves.
Those who act as salesmen, brokers, dealers, agents, representatives, promoters,
recruiters, uplines, influencers, endorsers
, abetters
and enablers of
GROUND ZERO
POULTRY AGRICULTURAL CORPORATION,
in selling or convincing people to invest in
the inv
estment scheme being offered by the said entity including soliciting investments or
recruiting investors through the internet may be held criminally liable under Section 28
of the SRC and penalized with a
maximum fine of Five Million Pesos
(Php5,000,000.00
) or imprisonment of Twenty One (21) years or both pursuant to
Section 73 of the SRC
(
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 th
e appropriate penalties and/or taxes be
correspondingly assessed.
Should you have any information regarding the operation of
GROUND ZERO
POULTRY AGRICULTURAL CORPORATION,
and its representatives,
please send your
report through email at
epd@sec.gov.ph
.