Future Farming

January 25, 2022 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY In response to numerous reports received by the Commission regarding the activities of FUTURE FARMING/FUTURE FARMING ICD/FUTURE FARMING FF STORE ("FUTURE FARMING") , the Commission wishes to inform the public that FUTURE FARMING is NOT REGISTERED as a corporation or partnership and is NOT AUTHORIZED to solicit, accept or take investments from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC) since it does not have a secondary license issued by the Commission to solicit investments or other securities from the public for whatever purpose as prescribed under Sections 8 and 28 of the SRC. FUTURE FARMING is an app/webpage application/virtual farm where investors grow, harvest and sell their products such as Vegetables, S-Vegetables and Chickens with corresponding tasks. Before the would-be investors can start growing their vegetables and chickens in their virtual farms, they need to have a Binance account where their profits will be reflected. At least $10 is the required account balance. Initially, an investor can start investing in Vegetables for as low as $10 to purchase 0.5kg of seeds. To earn, the investor needs to complete the task by watering the vegetables three (3) times a day for 3 days, between 9am to 9pm, with the interval of three (3) hours. Your $10 will turn to $11 or 10% of your investment after three (3) days . The second product is the S-vegetables priced at $70 for 5kg of seeds. You are tasked to water the plants three (3) times a day for ten (10) days with the interval of three (3) hours between 9am to 9pm. After ten (10) days, your $70 will turn to $90 or 29% of your investment . Lastly, you can also invest in their chicken products. Purchase 200 chickens for $600, feed them three (3) times a day with the interval of three (3) hours between 9am to 9pm. In thirty (30) days, your $600 will turn to $1400 or 133% of your investment . The scheme of FUTURE FARMING partakes of the nature of offering and sale of securities in the form of investment contracts to the public. The SRC requires that the offer and sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. Further, the scheme employed by FUTURE FARMING , shows indication of a possible "Ponzi Scheme" where monies from new investors are used in paying "fake profits" to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. The offering and selling of securities in the form of investment contracts using the "Ponzi Scheme" which is fraudulent and unsustainable, is NOT a registrable security. The Commission will not issue a License to Sell Securities to the Public to persons or entities that are engaged in this business or scheme. In view thereof, the public is hereby advised to exercise caution in dealing with any individual or group of persons soliciting investments for and on behalf of FUTURE FARMING . The public is further advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by aforesaid entities/individuals. Those who act as salesmen, brokers, dealers or agents of FUTURE FARMING , 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) . 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. Lastly, the public is hereby informed that FUTURE FARMING / FUTURE FARMING ICD/FUTURE FARMING FF STORE based in Pandi, Bulacan are NOT AFFILIATED with Future Farming based in Dubai, founded by ICD (Dubai Investment Corp.) and Grain Corp. (Australian Grain Co., Ltd.). Should you have any information regarding the operation of FUTURE FARMING , and its representatives, please send your report to the Enforcement and Investor Protection Department (EIPD) at [emailprotected] . For the information and guidance of the public. Pasay City, January 25, 2022.