Cloud Network/Cloud Network Marketing/www.cloudnetworkmarketing.com

July 5, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This ADVISORY is prompted by reports received and information gathered by the Commission that individuals or group of persons representing CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.COM are enticing the public to invest in said entity. Based on reports from the public, social media posts and the website of CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.COM , the latter is enticing the public to invest in the said entity with a promise of a Five Percent (5%) daily payout for 44 days or Two Hundred Twenty Percent (220%) return of investment in 44 days . An investor can also earn through direct referral of investors. The scheme of CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.COM partakes that 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, CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.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 SRC . Further, the scheme employed by CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.COM , 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 CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.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 CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.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) . Should you have any information regarding the operation of CLOUD NETWORK/CLOUD NETWORK MARKETING/WWW.CLOUDNETWORKMARKETING.COM and its representatives, please send your report through email at [emailprotected] For the information and guidance of the public. Pasay City, July 5, 2021.