Brix Gamefowl Breeding/Brix Ventures, Incorporated/AB Eugenio Trading
SEC Advisory • Securities and Exchange Commission • Advisories • Aug 27, 2019
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August 27, 2019 SEC ADVISORY The Commission has received numerous reports regarding the activities of an entity named BRIX GAMEFOWL BREEDING/BRIX VENTURES, INCORPORATED/AB EUGENIO TRADING . Based on the information gathered and verified by the Commission, BRIX GAMEFOWL BREEDING using an SEC registered company named BRIX VENTURES INCORPORATED and DTI registered name AB EUGENIO TRADING under Mr. Allan Brix Cabral Eugenio, has been enticing the public to invest by purchasing a minimum of two (2) texas chickens worth Nine Hundred Ninety Eight Pesos (Php998.00) and earn Three Thousand Pesos (Php3,000.00) after ninety (90) days. The scheme is presented as follows: CAPITAL NO. OF CHICKS 90 DAYS INCOME (X3) 180 DAYS INCOME (X7) 360 DAYS INCOME (X20) Php998 2 3,000 7,000 20,000 Php5,000 10 15,000 35,000 100,000 Php10,000 20 30,000 70,000 200.000 Php50,000 100 150,000 350,000 1,000,000 Php100,000 200 300,000 700,000 2,000,000 Php500,000 1000 1,500,000 3,500,000 10,000,000 Php1,000,000 2000 3,000,000 7,000,000 20,000,000 Php5,000,000 10000 15,000,000 35,000,000 100,000,000 Php10,000,000 20000 30,000,000 70,000,000 200,000,000 The public is hereby informed that based on the records of the Commission, BRIX VENTURES, INCORPORATED is registered with the Commission as a corporation under the Corporation Code of the Philippines but is NOT authorized to offer, solicit, sell or distribute any investment/securities to the public. Such activities require a Secondary License from the Commission and the securities or investment product should likewise be registered with SEC before they can be offered or sold to the public under Sections 8 and 12 of the Securities Regulation Code (SRC). CAIHTE Those who act as salesmen, brokers, dealers, or agents of BRIX GAMEFOWL BREEDING/BRIX VENTURES INCORPORATED/AB EUGENIO TRADING in selling or convincing people to invest in the investment scheme being offered by said entity including solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of FIVE MILLION PESOS (P5,000,000.00) or a maximum penalty of TWENTY-ONE (21) years imprisonment 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 the appropriate penalties and/or taxes be correspondingly assessed. In view of the foregoing, the public is hereby advised STOP INVESTING in the investment scheme being offered by BRIX GAMEFOWL BREEDING/BRIX VENTURES INCORPORATED/AB EUGENIO TRADING or its representatives. Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone number 818-6047. For the guidance of the public.
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