2018
SEC ADVISORY
The Commission has received information that individuals or groups of persons representing NUTRIWEALTH MULTI-PURPOSE COOPERATIVE ("NUTRIWEALTH") is offering investments to the public through NUTRIWEALTH PRODUCER'S COOPERATIVE, NUTRIPHYSICS WELLNESS ASSOCIATION, INC., NUTRIWEALTH WELLNESS ASSOCIATION, INC., NUTRIWEALTH MANUFACTURING PLANT, INC., NUTRIWEALTH SCHOOL OF WEALTH & WELLNESS FOUNDATION, INC., MINVILUZ FARMERS AND FISHERMEN INTEGRATED LIVELIHOOD ASSOCIATION, INC. and VALUE CHAIN METHODOLOGY ("VCM").
Per records of the Commission, the aforesaid Cooperatives, Corporations and Associations are not authorized to solicit investment from the public as they have not secured the necessary license or permit from the Securities and Exchange Commission ("SEC") as required under Section 8 of the Securities Regulation Code ("SRC").
Accordingly, NUTRIWEALTH is offering to the public investment opportunities termed as "Savings" which involves a deposit of P1,000 up to P100,000 per month for a fixed term of 5 to 35 years. NUTRIWEALTH assures investors of a 12% annual interest income.
Moreover, another type of investment offered by NUTRIWEALTH is "Double Your Money in 5 years" with a minimum one-time deposit of P5,000 and a maximum one-time deposit of...