January 21, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
In response to reports received by the Commission regarding the activities of BITTHROUGHCASH/BIT2CASH TRADING, INC., the Commission wishes to inform the public that BITTHROUGHCASH/BIT2CASH TRADING, INC. is not authorized to solicit investments from the public since they have not secured prior registration and/or license from the Commission as prescribed under Sections 8 and 28 of the Securities Regulation Code (SRC).
In one of their Facebook posts, BITTHROUGH CASH/BIT2CASH TRADING, INC., which is operated by a certain Jayson Saquing Pugiao from Tuguegarao City, claims that they are legitimate and was already registered with the SEC but upon verification with the SEC database it turned out that BITTHROUGH CASH/BIT2CASH TRADING, INC. is not duly registered and the SEC certificate they showed in their Facebook post turned out to be fake.
The public is informed that the issuance of a Certificate of Incorporation only grants the said entity juridical personality but does not constitute an authority or license for the corporation to engage in activities that require a secondary license...
