Masa Mart Business Center

January 12, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Securities and Exchange Commission ("Commission") has received information that individuals or group of persons representing MASA MART BUSINESS CENTER have been soliciting investment from the public. It appears that MASA MART BUSINESS CENTER operates under different registrations, to wit: 1. MASA MART BUSINESS CENTER OPC (MMBC OPC) a corporation registered with the Commission on 11 March 2020 under Company Registration No. 2020030000224-00; and 2. MASA MART BUSINESS CENTER registered with the Department of Trade and Industry (DTI) with Certificate No. 1514401 issued on 29 January 2020. Records of the Commission further showed that another entity, MASA MART ENTERPRISE OPC ("MME OPC") , a corporation registered with the Commission on 09 March 2020 under Company Registration No. 202003000157-01 also operates out of the same principal address as MMBC OPC at MARC IV 9056, Jose Abad Santos Ave., Salawag 4114 City of Dasmarias, Cavite Philippines. Both MMBC OPC and MME OPC are under the name of JESSIE R. ROYO as its single stockholder/director/president with the same nominee and alternate nominee namely, Annabelle Tansiongco Muros and Emery Jestine Palevino Royo . The name of Jessie R. Royo also appeared in the DTI Business Name Registration System Portal. It may be recalled that the Commission issued an Advisory dated 14 April 2020 against TBCMMP 1 MASA MART INC. ("TBCMMP") a registered corporation with SEC Registration No. CS201815816 issued on 31 July 2018. Based on its Articles of Incorporation, it appears that Jessie R. Royo is the President. Based on information gathered by the Commission, MASA MART BUSINESS CENTER and its related entities appears to be adopting the same scheme of TBCMMP and still offers the SUBSCRIPTION AND GAINS PROGRAM . Under this program, a member may invest for as low as One Thousand Two Hundred Fifty Pesos (Php1,250) up to Five Hundred Million Pesos (Php500,000,000.00) and promises, depending on the selected lock-in period ( i.e. , 3 months, 6 months, and 1 year) , a return ranging from Two Thousand Seven Hundred Forty Six (Php2,746) up to Eleven Billion Six Hundred Forty Nine Million Forty-Two Thousand Five Hundred Sixty-Three Pesos (Php11,649,042,563.00), respectively. SUBSCRIPTIONS AND GAINS SUBSCRIPTION MONTHLY 3 MONTHS (LOCK-IN) 6 MONTHS (LOCK-IN) 1 YEAR (LOCK-IN) $USD PHP 25 1,250 P375 P2,746 P6,250 P31,250 50 2,500 P750 P5,492 P12,500 P62,500 100 5,000 P1,500 P10,985 P25,361 P128,090.00 200 10,000 P3,000 P21,970 P50,723.00 P256,181.00 400 20,000 P6,000 P43,940 P101,446.00 P512,662.00 600 30,000 P9,000 P65,910 P153,169.00 P778,543.00 800 40,000 P12,000 P87,880 P202,893.00 P1,024,724.00 1,000 50,000 P15,000 P109,850 P256,616.00 P1,280,905.00 1,200 60,000 P18,000 P131,820 P304,339.00 P1,537,086.00 1,400 70,000 P21,000 P153,790 P355,663.00 P1,793,267.00 1,600 80,000 P24,000 P175,760 P405,786.00 P2,049,448.00 1,800 90,000 P27,000 P197,730 P456,609.00 P2,305,629.00 2,000 100,000 P30,000 P219,700 P507,233.00 P2,561,810.00 4,000 200,000 P60,000 P439,400 P1,014,473.00 P5,123,620.00 6,000 300,000 P90,000 P659,100 P1,521,709.00 P7,685,430.00 8,000 400,000 P120,000 P878,800 P2,028,946.00 P10,247,240.00 10,000 500,000 P150,000 P1,098,500 P2,536,182.00 P12,809,050.00 12,000 600,000 P180,000 P1,318,200 P3,043,419.00 P15,910,860.00 14,000 700,000 P210,000 P1,537,900 P3,550,655.00 P17,932,670.00 16,000 800,000 P240,000 P1,757,600 P4,057,892.00 P20,494,480.00 18,000 900,000 P270,000 P1,977,300 P4,565,128.00 P23,056,290.00 20,000 1,000,000 P300,000 P2,197,000 P5,072,365.00 P25,618,100.00 40,000 2,000,000 P600,000 P5,712,200 P10,144,730.00 P51,236,200.00 60,000 3,000,000 P900,000 P6,591,000 P15,217,095.00 P76,854,300.00 80,000 4,000,000 P1,200,000 P11,424,400 P20,289,460.00 P102,472,400.00 100K 5M P1.5M P10.985M P25,361,650.00 P126,808,250.00 200K 10M P3M P21.970M P50,723,300.00 P232,980,851.00 400K 20M P6M P43.940M P101,446,600.00 P465,961,702.00 600K 30M P6M P65.910M P152,169,900.00 P698,942,553.00 800K 40M P12M P87.880M P202,893,200.00 P931,923,405.00 1M 50M P15M P109.850M P253,616,500.00 P1,164,904,256.00 1.2M 60M P18M P131.820M P304,339,800.00 P1,397,885,107.00 1.4M 70M P21M P153.790M P355,063,100.00 P1,630,865,958.00 1.6M 80M P24M P175.760M P405,786,400.00 P1,863,846,810.00 1.8M 90M P27M P197.730M P456,509,700.00 P2,096,827,661.00 2M 100M P30M P219.700M P507,233,000.00 P2,329,808,512.00 4M 200M P60M P439.400M P1,014,466,000.00 P4,659,617,025.00 10M 500M P150M P1,098,500,000 P2,536,165,000.00 P11,649,042,563.00 Noticeably, almost the same compensation plan can be found in the Commission's Advisory against TBCMMP, to wit: SUBSCRIPTIONS and GAINS SUBSCRIPTION MONTHLY 3 MONTHS (LOCK-IN) 6 MONTHS (LOCK-IN) 1 YEAR (LOCK-IN) $USD PHP 25 1,250 P375.00 P2,746.00 P6,250.00 P31,250.00 50 2,500 P750.00 P5,492.00 P12,500.00 P62,500.00 100 5,000 P1,500.00 P10,985.00 P25,361.65 P128,090.50 200 10,000 P3,000.00 P21,970.00 P50,723.30 P256,181.00 400 20,000 P6,000.00 P43,940.00 P101,446.60 P512,662.00 600 30,000 P9,000,00 P65,910.00 P153,169.90 P778,543.00 800 40,000 P12,000.00 P87,880.00 P202,893.20 P1,024,724.00 1,000 50,000 P15,000.00 P109,850.00 P256,616.50 P1,280,905.00 1,200 60,000 P18,000.00 P131,820.00 P304,339.80 P1,537,086.00 1,400 70,000 P21,000.00 P153,790.00 P355,663.10 P1,793,267.00 1,600 80,000 P24,000.00 P175,760.00 P405,786.40 P2,049,448.00 1,800 90,000 P27,000.00 P197,730.00 P456,609.70 P2,305,629.00 2,000 100,000 P30,000.00 P219,700.00 P507,233.00 P2,561,810.00 4,000 200,000 P60,000.00 P439,400.00 P1,014,473.04 P5,123,620.00 6,000 300,000 P90,000.00 P659,100.00 P1,521,709.56 P7,685,430.00 8,000 400,000 P120,000.00 P878,800.00 P2,028,946.08 P10,247,240.00 10,000 500,000 P150,000.00 P1,098,500.00 P2,536,182.60 P12,809,050.00 12,000 600,000 P180,000.00 P1,318,200.00 P3,043,419.12 P15,910,860.00 14,000 700,000 P210,000.00 P1,537,900.00 P3,550,655.64 P17,932,670.00 16,000 800,000 P240,000.00 P1,757,600.00 P4,057,892.16 P20,494,480.00 18,000 900,000 P270,000.00 P1,977,300.00 P4,565,128.68 P23,056,290.00 20,000 1,000,000 P300,000.00 P2,197,000.00 P5,072,365.02 P25,618,100.00 Similar to the TRCMMP scheme, payment of a minimum subscription of Twenty Five Dollars (USD25) or One Thousand Two Hundred Fifty Pesos (P1,250.00) to the maximum subscription of USD10,000,000 or Five Hundred Million (P500,000,000.00) in MASA MART , entitles the investor to a "gain" ranging from thirty percent (30%) monthly up to two thousand five sixty-one and eighty-one percent (2561.81%) per annum . The gain depends on the option availed of by the investor, i.e. , monthly or a "lock-in" period of 3 months, 6 months or 1 year. Notably, the following are the other programs offered by MASA MART, namely: (1) The MMBC P5,888 Combo Package where aside from Php6,000 worth of products, the investment earns Php78.4 per day or a total of Twenty Thousand (Php20,000) after six (6) months; (2) Do It Yourself Subscription of 24 Months, Roll-Over Program where an investor can opt to invest: (a) Php20,000 which becomes Php100,000 in a year or Php12 Million in 2 years; (b) Php35,328 which for a lock-in period of 6 months, with a daily earning of Php.78.40 a day, turns into Php120,000 in a year; and (c) Php100,000 which becomes Php500,000 in a year or Php63.4 Million in 2 years; and (3) The United Masa Coin (UMC), now known as XUM Coin and the UmcUSDTbot where for investments ranging from Php1,250 to Php100,000 there are corresponding equivalents in USDT or Tether (worth Php50 or $1 = equivalent to 10 XUMs) or XUM (1 XUM is worth Php5) with packages from 3 months to a year with compounding and monthly payouts with referral system; 4) Referral Program where for recruiting other members, entitles an investor to incentives such as a car or a house and lot. Please be informed that MASA MART BUSINESS CENTER OPC and MASA MART ENTERPRISE OPC registered as One Person Corporations under the Revised Corporation Code of the Philippines and MASA MART BUSINESS CENTER , registered with the DTI are not authorized to solicit investments from the public as they did not secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8 of the Securities Regulation Code. It is to be emphasized that the registrations of MASA MART BUSINESS CENTER OPC. and MASA MART ENTERPRISE OPC with the Commission and MASA MART BUSINESS CENTER with the DTI, for that matter, merely grants juridical personalities to the entities but do not authorize them to issue, sell or offer for sale securities to the public nor undertake business activities requiring a secondary license from the Commission. 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. MASA MART BUSINESS CENTER OPC, MASA MART ENTERPRISE OPC and MASA MART BUSINESS CENTER also do not appear among the registered banks, exchanges or companies engaged in digital assets with the Bangko Sentral ng Pilipinas (BSP) in accordance with the GUIDELINES FOR VIRTUAL CURRENCY EXCHANGES (BSP CIRCULAR NO. 944) which requires all entities engaged in Virtual Currencies in the Philippines to obtain a Certificate of Registration to operate as remittance and transfer company pursuant to the BSP rules and regulations. Moreover, both UNITED MASA COIN (UMC) and X United Masa (XUM) are not included among the list of the generally accepted virtual currencies posted on the World Coin Index and Coin Market Cap websites. Worse, it appears that no open exchanges allow the trading of UMC and XUM so MASA MART seemingly manages its own digital exchange platform contrary to Section 32 of the SRC on the "Prohibition on Use of Unregistered Exchange." 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) . 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 MASA MART BUSINESS CENTER OPC., MASA MART ENTERPRISE OPC, MASA MART BUSINESS CENTER and its related entities or 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, January 12, 2021. n Footnotes 1. TBCMMP stands for The Billion Coin Masa Mart Program . n Note from the Publisher: Written as "January 12, 2020" in the official document.