Pogi Breeds

September 28, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Securities and Exchange Commission ("Commission") has received information that individuals or group of persons representing POGI BREEDS/POGI BREEDS INTERNATIONAL/POGI BREEDS INT'L/COPARTNERS POGIBREEDS headed by GINO MENDOZA, a.k.a., NIGO TEKASHI have been soliciting investment from the public. Based on information gathered by the Commission, POGI BREEDS/POGI BREEDS INTERNATIONAL/POGI BREEDS INT'L/COPARTNERS POGIBREEDS are a group of persons claiming to be using its client's money in buying, breeding Axies and playing the AXIE INFINITY game. Among its activities is to offer its CO-PARTNERSHIP PROGRAM to the public where an investor is enticed to invest an amount ranging from P5,000 up to P250,000 Pesos with promised earnings ranging from P100 to P25,000 daily or 2% daily or 10% or weekly earnings for 45 days or a total contract earnings ranging from P4,500.00 up to P225,000.00 or 90% per contract in 45 days . POGI BREEDS assures its co-partners that the capital will be returned after 59 days or at the end of the contract. It further promises that prospective client can "Request for profit" and "Cash-Out" during Mondays and Thursdays. In its "pay-ins" and "pay-outs," POGI BREEDS uses the following GCASH and UNION BANK OF THE PHILIPPINES accounts: The CO-PARTNERSHIP PROGRAM offered by POGI BREEDS clearly falls under the definition of securities in the form of an investment contract which is mandated by Republic Act No. 8799 or the Securities Regulation Code (SRC) to be registered with the Commission before these securities are offered to the public. Please be informed that POGI BREEDS/POGI BREEDS INTERNATIONAL/POGI BREEDS INT'L/COPARTNERS POGIBREEDS is NOT REGISTERED with the Commission and NOT AUTHORIZED to solicit investments from the public as it did not secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8 of the Securities Regulation Code. The public is hereby warned that such investment schemes are considered as securities subject to the regulatory authority of this Commission. The offering and selling of securities to the public without a permit or license is a violation of Section 8.1. of the Securities Regulation Code. 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 under Section 28 of the SRC 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 ( SEC vs. Oudine Santos , G.R. No. 195542, 19 March 2014). As the product offered by POGI BREEDS/POGI BREEDS INTERNATIONAL/POGI BREEDS INT'L/COPARTNERS POGIBREEDS is the opportunity to earn in the play-to-earn game of AXIE INFINITY , the public is also informed that AXIE INFINITY or its developer, SKY MAVIS are not registered and not licensed to do business in the Philippines as a branch, regional area/operating headquarters or a representative office and they do not possess any secondary license to conduct any regulated activity within the Philippines. Thus, in dealing with these unregistered entities, the Commission reiterates its Advisory entitled: "Dealing with Non-Registered Foreign Entities Organizations and Corporations with link address at https://www.sec.gov.ph/advisories-2021/sec-advisory-against-dealing-with-non-registered-foreign-entities-organizations-and-corporations/ . In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precautions in dealing with POGI BREEDS/POGI BREEDS INTERNATIONAL/POGI BREEDS INT'L/COPARTNERS POGIBREEDS and its representatives. In view thereof, the public is further advised NOT TO INVEST or TO STOP INVESTING in any investment scheme being offered by aforesaid entities/individuals. Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers 8818-6047 or send your report to the EIPD at [emailprotected] . For the guidance of the public. Pasay City, September 28, 2021.