Petromobil Corp.

July 1, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Commission has received information that individuals or group of persons representing an entity named PETROMOBIL CORPORATION are enticing the public to invest in said entity. Based on the reports from the public, PETROMOBIL CORPORATION is enticing the public to invest in the said entity by offering would-be investors a Co-Ownership Program for a minimum capital of Php400,000.00 for a promise of receiving a conservative profit amounting to Php100,000.00 within a period of 3 months and a chance to co-own 17 gas stations which the company are planning to build. It was further reported that the 17 Gas Stations will be managed by PETROMOBIL CORPORATION and investors were given a promise to received 60% of the net income which will be given on a quarterly basis. Likewise, PETROMOBIL CORPORATION promised to give would-be investors shares of stocks which will be issued to each co-owner through a Deed of Assignment. Furthermore, PETROMOBIL CORPORATION also offers would-be investors an Oil Importation Co-Ownership Program for a minimum capital of Php500,000.00. In its Facebook Page post, PETROMOBIL CORPORATION is inviting the public to invest and be a co-owner of its gas stations with 1 seat capital contribution for as low as Php500,000.00 and be a co-franchisee of 5 stations including commercial establishment for a capital of Php500,000.00. Below are the screenshot copies of the said FB posts: In the same FB Page, PETROMOBIL CORPORATION is enticing to public to be a vessel co-owner for only Php400,000.00. Below is a screenshot copy of the said FB post: In its document entitled Memorandum of Agreement, PETROMOBIL CORPORATION guarantees that co-owner will receive shares of stocks through a Deed of Assignment. In the same document, it was stipulated that the capital contribution of a co-owner/partner shall be Php500,000.00 and the co-owner/partner will receive 60% as a profit of the net monthly revenue which will be released and distributed every 3 months to the partner. Below are the screenshot copies of the said stipulations: The public is hereby informed that PETROMOBIL CORPORATION is not authorized to solicit investments from the public as this entity did not secure prior registration and/or license to solicit investment from the Commission as prescribed under Section 8 of the Securities Regulation Code (SRC). Those who act as salesmen, brokers, dealers or agents of PETROMOBIL CORPORATION in selling or convincing people to invest in the investment scheme being offered by the said entity including soliciting investments or recruiting investors through the internet may be held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million Pesos (Php5,000,000.00) 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) . In view thereof, the public is hereby advised to STOP INVESTING in the investment scheme being offered by PETROMOBIL CORPORATION or its representatives . Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed. 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. For the guidance of the public. Pasay City, July 1, 2021.