Hoton Retail and Services, Inc.

September 10, 2020ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENTSEC ADVISORYBased on information gathered by the Commission, a number of individuals or group of persons representing HOTON RETAIL AND SERVICES, INCORPORATED ("HOTON"), are enticing the public to invest their money in said entity.According to their website hotonretail.com, "with the HOTON Franchise partnership program, a potential stakeholder will simply invest a certain amount of capital to any of the Hoton's retail store nationwide. In the long run, they will get returns on investment based on the store's income. The partnership program from Hoton is unique and is completely compatible for anyone who doesn't have a ridiculously large sum of money but still wants to invest in a legitimate business venture."As posted online, HOTON is enticing the public to become their business partner through the Hoton Franchise Partnership Program. The minimum amount of investment is Php100,000 which is equivalent to 1 unit and the maximum amount of investment is Php14,000,000 equivalent to 140 units. HOTON will manage and operate the store for the investors. The investors will then get a...