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 Php360,000.00.  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 al 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 Php 7,500.00 also in 60 days while the maximum investment of Php 360,000.00 will earn Php 500,000.00 also in 60 days.

Records of the SEC show that DRAGON ONE NETWORK TRENDS COPORATION (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.

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).

The public is advised TO STOP FROM INVESTING in this kind of activity and to take necessary precautions in dealing with DRAGON ONE.

If anyone has any information relating to the unathorized investment-taking activities of DRAGON ONE NETWORK TRENDS CORPORATION please call the Enforcement and Investor Protection Department at telephone numbers (02) 584-6337 (Office of the Director) and (02) 584-7652 (Investigation and Prosecution Division) or send an email to ced@sec.gov.ph.

Mandaluyong City, April 7, 2016.