Monspace Philippines

2017 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Commission has received information that individuals or group of persons representing MONSPACE PHILIPPINES are enticing the public to invest in said entity. Based on reports received from the public, MONSPACE PHILIPPINES claims that it has a system wherein investors can invest and become stockholders of its subsidiaries by simply investing an initial capital amounting to Seven Thousand Six Hundred Pesos (P7,600.00) with a possible daily income of Five Thousand Pesos (P5,000.00) and/or monthly income of One Hundred Fifty Thousand pesos (P150,000.00). In its Facebook Account MONSPACE PHILIPPINES introduced its newest scheme called the MSCOINS, wherein part of their marketing plan as shown in said FB Account is to persuade the public to join them by investing an initial capital of Seven Thousand Six Hundred Pesos (P7,600.00), Eight Hundred Pesos (P800.00) representing Registration Fee and Six Thousand Eight Hundred Pesos (P6,800.00) for 500 Product Points, respectively. Accordingly, after 30 days, the 500 Product Points will be converted into MSCOINS based on the following computations, to wit: 500 product points = 100$ 100$/.10$per mscoin = 1,000 mscoins After a week .50 x 1000 mscoins = 500$ (25,000php) After a month 1$ x 1,000 mscoins = 1,000$ (50,000php) After 3 months 10$ x 1,000 mscoins = 10,000$ (500,000php) Month after month or after a year 100$ x 1,000 mscoins = 100,000$ or 5,000,000php The public is hereby informed that MONSPACE PHILIPPINES is not registered with the Commission as a corporation or partnership and is not authorized to solicit investments from the public, not having secured prior registration and/or license to solicit investment as prescribed under Section 8 of the Securities Regulation Code (SRC). Those who act as salesmen, brokers, dealers or agents of MONSPACE PHILIPPINES in selling or convincing people to invest in the investment scheme being offered by MONSPACE PHILIPPINES including solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the Securities Regulation Code and penalized with a maximum fine of Five Million Pesos (P5,000,000.00) or imprisonment of Twenty One (21) years or both pursuant to Section 73 of the SRC. Accordingly, 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). In view thereof, the public is hereby advised to exercise prudence before investing in these kinds of activities and to take the necessary precaution in dealing with Monspace Philippines 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.