DME Grains PH

September 7, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Commission was made aware of the illegal investment-taking activities of DME GRAINS PH/DME GOOD GRAINS OPC owned and operated by Dan Matthew E. Enteria a.k.a. Matt Enteria . Based on the information gathered by the Commission, DME GRAINS PH/DME GOOD GRAINS OPC is propagating several investment-taking schemes which promise high returns. DME GRAINS PH/DME GOOD GRAINS OPC is enticing the public to invest their monies in exchange for profits by posting an attractive "complan." For a minimum of Php1,000 entry/purchase you will earn 3.5.% per day up to 10 days with Direct Referral Bonus and Indirect Referral Bonus , as shown below: The schemes of DME GRAINS PH/DME GOOD GRAINS OPC involve the offering and sale of securities in the form of Investment Contracts to the public as investors need not exert any effort other than to invest or place monies in DME GRAINS PH/DME GOOD GRAINS OPC in order to generate income. Since said schemes involve the sale of securities 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. Per records of the Commission, while DME GOOD GRAINS OPC is registered with this Commission on 10 June 2021 under SEC Registration No. 2021060016227-01, however, it is not authorized to solicit investments from the public as it did not secure prior registration and/or license to solicit investments from the Commission as prescribed under Section 8 of the SRC. Moreover, DME GRAINS PH/DME GOOD GRAINS OPC 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 . Consequently, 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 . Therefore, those who act as salesmen, brokers, dealers or agents or claim to act as such on behalf of DME GRAINS PH/DME GOOD GRAINS OPC in selling or convincing people to invest in the investment scheme being offered by said entities including solicitations and recruitment through the internet may be prosecuted and held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million pesos (Php5,000,000.00) or penalty of Twenty-one (21) years of imprisonment or both pursuant to Section 73 of the SRC. Further, those who invite or recruit others to join or invest in such venture or offer investment contracts or securities to the public may incur criminal liability, or otherwise be sanctioned or penalized accordingly as held by the Supreme Court in the case of Securities and Exchange Commission vs. Oudine Santos (G.R. No. 195542, 19 March 2014) . In addition, 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. In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by DME GRAINS PH/DME GOOD GRAINS OPC and exercise caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf of DME GRAINS PH/DME GOOD GRAINS OPC . Should you have any information regarding any investment solicitation by any individuals or group of individuals on behalf of DME GRAINS PH/DME GOOD GRAINS OPC , please send your report to the ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT at [emailprotected]. For the guidance of the public. Pasay City, September 7, 2021.