2019
SEC ADVISORY
The Commission has received information that individuals or group of persons representing PIGDEALS INTERNATIONAL HOLDINGS, INC. under CEO Dwayne Ramos Walberg and President Rocky Gonzales Manalo and PIGDEALS AGRIVENTURES HOG FARM TRADING under Rocky Manalo Gonzales (Proprietor) are enticing the public to invest in the said entity online or through the internet.
Based on the information communicated and gathered by the Commission, PIGDEALS INTERNATIONAL HOLDINGS, INC. and PIGDEALS AGRIVENTURES HOG FARM TRADING are engaged in an investment scheme by offering and selling their packages where for every Php2,500.00 invested, one piglet is raised and sold after 3 months and the investor gets his money back with the net profit of Php4,500 or 80% profit. The scheme presented as follows:
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...
