August 13, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
Based on the information gathered by the Commission, the operators of the debunked BUILDING OUR SUCCESS STORIES NETWORK, INC. 1 ("Boss Network") is now using KAIZEN MARKETING ENTERPRISE under the control of its President, Mr. Gerald Alvarez Rivas 2 to continue its illegal activities by offering to the public its Certified Entrepreneur Online (CEO) program.
As posted online, CEO is being offered under the cloak of multi-level-marketing (MLM) by availing of either:
The company has thirteen (13) ways to earn:
1. Direct Selling where a member shall earn up to 60% by direct selling of the company's products.
2. Personal Rebates where a member is entitled to the following rebates whenever he personally purchases Kaizen products.
Product | Amount of Rebate |
Buah Merah Gold | Php35.00 |
Kaizen Gourmet Coffee | Php35.00 |
Kaizen Fit Black Coffee | Php20.00 |
Grape Seed Oil Extract | Php100.00 |
3. Company Product Sales Rewards (CPSR) where a member shall earn from company product package and purchase sales profit, to wit:
a. Global Linear Reward — a member shall earn profit from his/her share in the ten percent (10%)...
