Pays Up Online Marketing Business, Inc.

2019

SEC ADVISORY

The Securities and Exchange Commission ("Commission") has received numerous information regarding the activities of the entities named PAYS UP ONLINE MARKETING BUSINESS, INC. ("PAYS-UP") and PAYS-UPGEN MARKETING BUSINESS UNLIMITED, INC. ("PAYS-UPGEN"). HTcADC

Based on the information gathered by the Commission, PAYS-UP and PAYS-UPGEN have been enticing the public to invest in the said entities online or through the internet via any of its "COMPENSATION PLANS" (Starter Account, Starter Plus Account, Elite Account and Premium Account) with promised REWARDS (Sign Up Rewards, Watch and Earn Rewards, Direct Referral Rewards, Indirect Referral Rewards, Sales Match Rewards, Pays-UpGen Rewards, Gratitude Rewards and Crossline Rewards).

The public is hereby informed that any offering to the public which involves investment of money in a common enterprise with the expectation of profits primarily from the efforts of others, constitutes an investment contract which is a form of securities that needs to be registered with the Commission. Thus, the public is hereby WARNED that selling or offering for sale of such investments are considered as selling or offering for sale of securities subject...

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Metro Manila Philippines

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