Massdrop Marketing and Franchising OPC

May 18, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent MASSDROP MARKETING and FRANCHISING OPC "MASSDROP MARKETING" headed by their President Edgar Joseph Tan " EJ TAN ," are enticing the public to invest their money in said entity. Based on the information received by this Commission, MASSDROP MARKETING entices the public to invest online or through the internet to become a member thereof with a minimum investment of Php1,000.00 with a guaranteed monthly return of 20% for 90 days plus ROI on the 3rd month or a total of 160% income in just 3 months . Accordingly, a member shall only need to invest, wait, and earn without having to do anything. As the above-described schemes involved the sale of securities to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered and that the concerned corporation and/or its agents have appropriate registration and/or license to sell such securities to the public pursuant to Section 8 of the SRC. While MASSDROP MARKETING and FRANCHISING OPC was registered with this Commission, however, it is to be noted that the issued Certificate of Registration explicitly highlighted that: " This Certificate DOES NOT AUTHORIZE INVESTMENT SOLICITATION AND INVESTMENT-TAKING WITHOUT A SECONDARY LICENSE FROM THIS COMMISSION ." Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for MASSDROP MARKETING and FRANCHISING OPC in selling or convincing people to invest in the investment scheme being offered by said entity including solicitations and recruitment through the internet may 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 penalty of Twenty-one (21) years of imprisonment or both pursuant to Section 73 of the SRC. Also, those who invite or recruit others to join or invest in such venture or offer investment contracts or securities to the public may incur criminal liability, or otherwise be sanctioned or penalized accordingly as held by the Supreme Court in the case of Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March 2014). The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by any individual or group of persons allegedly for or on behalf of MASSDROP MARKETING and FRANCHISING OPC ("MASSDROP MARKETING") and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of it. Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers (02) 8818-6047 or send your report to the EIPD at [emailprotected] . For the guidance of the public. Pasay City, May 18, 2021.