G-Harvest, Inc./Great Harvest, Inc.

May 20, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Commission has received information that individuals or group of persons representing an entity named G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED (GHI) are enticing the public to invest in said entity. Based on the reports from the public, G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED, operated by its CEO VENCINT O. CANAL and the company's corporate secretary SHUNAH MAE CEMENE is enticing the public to invest in the said entity by offering would-be investors to become a GHI Partner. It was further reported that G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED, promises GHI Partners a "Return of Investment" equivalent to 23%-27% for a minimum investment of Php10,000.00 per slot for a period of 6 months. Below is a copy of G-Harvest, Incorporated contract/agreement: In its Facebook Account post, G-HARVEST, INCORPORATED (GHI) is inviting the public to invest in the said entity and become a GHI Partner. Below are some of the posts: Further, in its website, GREAT HARVEST, INCORPORATED advertised that its company is a Crowdfunding platform that will provide a platform for agricultural businesses ranging from farmers and small agri-entrepreneur. In the said website, GREAT HARVEST, INCORPORATED is inviting the public to become a GHI Partner. Below are some of the posts: Since said scheme involves the offer and sale of securities in the nature of investment contracts to the public, the Securities Regulation Code (SRC)requires that these securities are duly registered with the Commission and that the concerned corporation and/or its agents have appropriate registration and/or license to sell such securities to the public pursuant to Sections 8.1 and 28.1 of the SRC. The public is hereby informed that G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED (GHI) is NOT AUTHORIZED to solicit investments from the public as it 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). Further, G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED (GHI) is also NOT REGISTERED either as a crowdfunding intermediary or a funding portal under SEC Memorandum Circular No. 14, Series of 2019 or the Rules and Regulations Governing Crowdfunding and has not filed nor has a pending application for registration thereunder with the Commission. Those who act as salesmen, brokers, dealers or agents of G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED 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 NOT TO INVEST or STOP INVESTING in the investment scheme being offered by G-HARVEST, INCORPORATED/GREAT HARVEST, INCORPORATED (GHI) 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 contact the Enforcement and Investor Protection Department at [emailprotected]. For the guidance of the public. Pasay City, May 20, 2021.