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In the Matter of Worldwide Outreach Development Mission, Inc.

SEC CRMD (Order) • Securities and Exchange Commission Departments • Company Registration and Monitoring Department (CRMD) • Jan 7, 2014

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January 7, 2014 SEC CRMD IN THE MATTER OF WORLDWIDE OUTREACH DEVELOPMENT MISSION, INC. SEC Registration No. CN200705455 FOR : Revocation of Certificate of Incorporation for Violation of the CorporationCode of the Philippines and the SECRules andRegulations on Reportorial Requirements ORDER WHEREAS, the records of this Commission show that WORLDWIDE OUTREACH DEVELOPMENT MISSION, INC., (hereafter referred to as the "corporation"), registered with the Commission on 04 April 2007 under SEC Registration No. CN200705455, failed to submit the following as required by the Corporation Code of the Philippines and the SEC rules and regulations on reportorial requirements: Requirements Not Filed General Information Sheet 2008-2013 Financial Statements 2007-2012 Membership Book Not Registered WHEREAS, Section 141 of the Corporation Code of the Philippines requires corporations to submit their annual reports to the Commission, such as, General Information Sheet and the Financial Statements, thus: HIcTDE "Every corporation, domestic or foreign, lawfully doing business in the Philippines shall submit to the Securities and Exchange Commission an annual report of its operations, together with a financial statement of its assets and liabilities, certified by any independent certified public accountant in appropriate cases, covering the preceding fiscal year and such other requirements as the Securities and Exchange Commission may require. Such report shall be submitted within such period as may be prescribed by the Securities and Exchange Commission." WHEREAS, on 31 May 2013, the Commission sent a Notice of Conference to the corporation, directing it, through its officers or authorized representatives, to appear before the Commission and to show cause why it should not be penalized for non compliance with the Commission's reportorial requirements; WHEREAS, said Notice of Conference was returned with the notation that the there was nobody to receive as evidenced by the return receipt with remark from the post office; WHEREAS, on 12 December 2013, the Commission sent Final Notices of Conference through personal service to the Corporation and to Mr. Reny E. Balintec, an incorporator of the same; WHEREAS, both Final Notices of Conference were returned unserved as evidenced by the affidavit of service executed under oath by the Commission's driver/messenger, Mr. Fernan Apring who served the same (Annex B); WHEREAS, Section 5 (m) of Republic Act No. 8799, also known as the Securities Regulation Code and Section 6 (i) of Presidential Decree No. 902-A, as amended, vest the Commission with authority to revoke, after proper notice and hearing, the franchise or Certificate of Incorporation of corporations upon any of the grounds provided by law including the following: acIASE [6] Failure to file required reports in appropriate forms as determined by the Commission within the prescribed period; WHEREAS, considering the corporation's failure to file the required reports within the prescribed period, the Commission finds sufficient grounds to revoke its Certificate of Incorporation; WHEREFORE, in view of the non-submission of the required reports, the Certificate of Incorporation of WORLDWIDE OUTREACH DEVELOPMENT MISSION, INC., is hereby REVOKED for violation of Section 141 of the Corporation Code of the Philippines and SEC rules on reportorial requirements. SO ORDERED. Mandaluyong City. January 7, 2014. cADEHI (SGD.) FERDINAND B. SALES Acting Director Company Registration and Monitoring Department Securities and Exchange Commission

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