Jamsmart

February 9, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent JAMSMART headed by Nio Luis A. Jamili are enticing the public to invest their money in said entity. As posted online, JAMSMART is offering investments to the public in its so-called "Franchise Investment Program" where an investor shall earn a total guaranteed 300% return on investment in a year . Below are its current offering to the public where an investor may co-own an outlet by investing as low as Php75,000.00 for an equivalent of 5% shares. For every 5% shares, there is a monthly 7% interest amounting to Php5,250.00, a Php4,750.00 allocated monthly sales shares, and a Php4,750.00 fixed allocated dividend for a total annual return on investment of Php225,000.00: New Investment & Earnings Chart for Jams Mart AMOUNT INVESTED (In Peso) EQUIVALENT SHARES EARNINGS OVERALL TOTAL MONTHLY EARNINGS OVERALL TOTAL ANNUAL EARNINGS QUARTERLY EARNINGS 7% MONTHLY INTEREST ALLOCATED MONTHLY SALES SHARES Php175,000 FIXED ALLOCATED DIVIDEND Php1,140,000 75,000 5% 5,250 8,750 4,750 18,750 225,000 56,250 150,000 10% 10,500 17,500 9,500 37,500 450,000 112,500 225,000 15% 15,750 26,250 14,250 56,250 675,000 168,750 300,000 20% 21,000 35,000 19,000 75,000 900,000 225,000 375,000 25% 26,250 43,750 23,750 93,750 1,125,000 281,250 450,000 30% 31,500 52,500 28,500 112,500 1,350,000 337,500 525,000 35% 36,750 61,250 33,250 131,250 1,575,000 393,750 600,000 40% 42,000 70,000 38,000 150,000 1,800,000 450,000 675,000 45% 47,250 78,750 42,750 168,750 2,025,000 506,250 750,000 50% 52,500 87,500 47,500 187,500 2,250,000 562,500 825,000 55% 57,750 96,250 52,250 206,250 2,475,000 618,750 900,000 60% 63,000 105,000 57,000 225,000 2,700,000 675,000 975,000 65% 68,250 113,750 61,750 243,750 2,925,000 731,250 1,050,000 70% 73,500 122,500 66,500 262,500 3,150,000 787,500 1,125,000 75% 78,750 131,250 71,250 281,250 3,375,000 843,750 1,200,000 80% 84,000 140,000 76,000 300,000 3,600,000 900,000 1,275,000 85% 89,250 148,750 80,750 318,750 3,825,000 956,250 1,350,000 90% 94,500 157,500 85,500 337,500 4,050,000 1,012,500 1,425,000 95% 99,750 166,250 90,250 356,250 4,275,000 1,068,750 1,500,000 100% 105,000 175,000 95,000 375,000 4,500,000 1,125,000 On the other hand, an investor may opt to avail a 100% Franchising Agreement amounting to Php1,500,000.00 where such investor shall earn a monthly interest equivalent to 10% and a monthly percentage earnings equivalent to 15% totaling 300% return on investment annually . Considering that the above described schemes involved the sale of securities to the public, the Securities Regulation Code (SRC) requires that these securities are duly registered 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 and 28 of the SRC. To date, contrary to the representation of JAMSMART that it is registered with SEC, records show that JAMSMART is not registered with the Commission either as a corporation nor as a partnership. Further, it is NOT AUTHORIZED to solicit investments from the public since it has not secured prior registration and/or license from the Commission as prescribed under Sections 8 and 28 of the Securities Regulation Code. Hence, those who act as salesmen, brokers, dealers or agents or claim to act as such for JAMSMART in selling or convincing people to invest in the investment scheme being offered by said entity 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 (P5,000,000.00) or penalty of twenty-one (21) years of imprisonment or both pursuant to Section 73 of the SRC. Also, 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). The public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by any individual or group of persons allegedly for or on behalf of JAMSMART and to exercise caution in dealing with any individuals or group of persons soliciting investments for and on behalf of it. Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers (02) 8818-6047 or send your report to the EIPD at [emailprotected] . For the guidance of the public. Pasay City, February 9, 2021.