Llamadista Online Sabong Capital/Llamadista/Llamadista.com

May 25, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This ADVISORY is prompted by reports and information gathered by the Commission that individuals or group of persons representing LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM which is being operated by FERDINAND SALANTES is enticing the public to invest in said entity. Based on reports from the public and as posted on social media and the website of LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM , the latter is enticing the public to invest in the said entity with a minimum amount of One Thousand Pesos (Php1,000.00) with a promise of a Five Percent (5%) daily payout for 42 days or Two Hundred Ten Percent (210%) return of investment in 42 days . An investor can also earn through direct referral of investors. The scheme of LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM partakes of offering and sale of securities in the form of investment contracts to the public as its investors need not exert any effort other than to invest or place monies in its operation in order to receive profits. The Securities Regulation Code (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. However, based on the Commission's database, LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM is NOT REGISTERED as a corporation or partnership and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC) . LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM 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 . Further, the scheme employed by LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM which claims to use the investments collected in a crowd funding format for gambling specifically in cockfighting, 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 STOP INVESTING in the investment scheme being offered by LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM and its representatives . Accordingly, the Commission warns all unscrupulous individuals and/or entities that strict penalties are imposed for violations of the Securities Regulation Code, the Revised Corporation Code, and such other rules and regulations enforced by the Commission . Those who act as salesmen, brokers, dealers or agents of LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM 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. Should you have any information regarding the operation of LLAMADISTA ONLINE SABONG CAPITAL/LLAMADISTA/LLAMADISTA.COM and its representatives, please send your report through email at [emailprotected] For the information and guidance of the public. Pasay City, May 25, 2021.