In re Togachat Academy Philippines, Inc.

January 23, 2020ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENTIN THE MATTER OF: TOGACHAT ACADEMY PHILIPPINES, INC.SEC REGISTRATION NO. CS201628323FOR :Revocation of Certificate of Incorporation/RegistrationORDER OF REVOCATIONTOGACHAT ACADEMY PHILIPPINES, INC. ("TOGACHAT") was registered with the Securities and Exchange Commission (SEC) on 07 December 2016 under Company Registration No. CS201628323 with the following primary purpose: "To promote the TogaChat Social Messaging Application and Technology Platform of TogaCapitalSdnBhd and Toga Ltd., and all of its related products and services by way of educating the public, marketing the products through any and all possible means allowed by law via any media such as TV, radio, print, CD, DVD, websites, internet, electronic facilities such as use of any gadgets, or memory device, telecommunication facilities such as video, voice and data and conducting meetings, seminars, training and agreements and partnerships, with other private or public companies."On 29 April 2018, the EIPD received an e-mail through the SEC I-Message Mo Facility that TOGACHAT is apparently engaged in investment-solicitation activities, by way of selling stocks in the form of Toga Points, without being legally authorized,...