Nextgen Global Alliance Corp.

March 12, 2020ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENTSEC ADVISORYBased on the information gathered by the Commission, the entities operating under the names, NEXTGEN GLOBAL ALLIANCE CORPORATION (NEXTGEN) and NEXTGEN ORGANIC FARMERS COOPERATIVE (NOFACO), operated by Reynate C. Lascoña, Miralyn A. Yasol, Rene C. Lascoña, Arvin M. Evangelista, and Shirly A. Pareñas, with principal office at No. 381, Jade St., corner Topaz St., Gem Village, Ma-a, Davao City and a satellite office at Unit 1401, 14th floor, AIC Burgundy Empire Tower corner Garnet Road, ADB Ave. Ortigas Center, 1800 Pasig, are engaged in investment-taking activities not authorized by the Commission. Primarily, NEXTGEN and NOFACO appears to be engaged in the manufacturing, distributing, and/or selling of health and wellness products, fertilizers, and other livestock solutions but also uses their Facebook pages as a marketing tool in proliferating their investment taking activities.As posted online, NEXTGEN and NOFACO offers a number of investment packages guised as franchise programs. These includes the Bronze, Silver, Gold, and Platinum Packages with corresponding profit sharing and other incentives such as:1. Car, house and lot,...