July 16, 2019
SEC CDO CASE NO. 06-19-052
IN THE MATTER OF: PLANPROMATRIX ONLINE CO.
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT (EIPD), movant.
CEASE AND DESIST ORDER
This treats of the Motion for Issuance of a Cease and Desist Order 1 filed by the Enforcement and Investor Protection Department ("EIPD") against PLANPROMATRIX ONLINE CO. ("PPM"), its partners, officers, representatives, salesmen, agents and any and all persons and conduit entities claiming and acting for and its behalf, to cease and desist from further engaging in the selling and/or offering securities in the form of investment contracts until the requisite registration statements are filed and approved by the Securities and Exchange Commission ("Commission"). TIADCc
The EIPD in its Motion avers that PPM is a partnership registered with the Commission on 11 April 2017 with Company Registration No. PG201712634. PPM's capital is Five Million pesos (P5,000,000) 2 and its primary purpose as stated in its Articles of Partnership is:
"To conduct and engage in the buy and sell, by wholesale and retail of goods pertaining or related to telecommunication products such as but not limited to...
