One Lightning Corporation
SEC Advisory No. 1 • Securities and Exchange Commission • Advisories • Feb 27, 2015
Full text
February 27, 2015 SEC ADVISORY NO. 1 The public is hereby warned concerning the investment taking activities being undertaken by ONE LIGHTNING CORPORATION and its related affiliates. ONE LIGHTNING CORPORATION has not been issued by this Commission a secondary license to publicly offer or sell securities and to solicit investments from the public. As part of its modus operandi , ONE LIGHTNING CORPORATION invites people to invest in its cosmetics and healthcare products by promising huge returns on their investment through what it claims is a revolutionary compensation plan that the Company provides to its distributors which consists of sharing 70% of the Company's profits to investors. Based on investigations conducted, the said Company undertakes to give referral awards for sponsoring new investors and maturity awards when those investors in turn are able to recruit new investors or when their accounts mature. The said Company also undertakes to give bonuses at every level for three levels of referrals made. Those who participate in this investment taking activity of ONE LIGHTNING CORPORATION run the risk of being prosecuted for criminal violation of the Securities Regulation Code. TDcAaH Mandaluyong City, February 27, 2015.
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.