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Sample SEC Advisory On Financial Activities 03
Sample SEC Advisory On Financial Activities 03
SEC ADVISORY
Based on the reports from the public, PETROMOBIL CORPORATION is enticing the public to
invest in the said entity by offering would-be investors a Co-Ownership Program for a minimum
capital of Php 400,000.00 for a promise of receiving a conservative profit amounting to Php
100,000.00 within a period of 3 months and a chance to co-own 17 gas stations which the company
are planning to build.
It was further reported that the 17 Gas Stations will be managed by PETROMOBIL
CORPORATION and investors were given a promise to received 60% of the net income which will be
given on a quarterly basis. Likewise, PETROMOBIL CORPORATION promised to give would-be
investors shares of stocks which will be issued to each co-owner through a Deed of Assignment.
In its Facebook Page post, PETROMOBIL CORPORATION is inviting the public to invest and
be a co-owner of its gas stations with 1 seat capital contribution for as low Php 500,000.00. and be a
co-franchisee of 5 stations including commercial establishment for a capital of Php 500,000.00. Below
are the screenshot copies of the said FB posts:
In the same FB Page, PETROMOBIL CORPORATION is enticing to public to be a vessel
co-owner for only Php 400.000.00. Below is a screenshot copy of the said FB post:
In view thereof, the public is hereby advised to STOP INVESTING in the investment scheme
being offered by PETROMOBIL CORPORATION or its representatives.
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 be correspondingly assessed.
Should you have any information regarding the operation of the subject entity, please call the
Enforcement and Investor Protection Department at telephone numbers 8818-6047.