Tag: Securities and Exchange Commission

SEC Issues Advisories on MLM Companies Success200 and FLAG Prosperity

 

Success200 and F.L.A.G. Prosperity Marketing are the latest Multi-Level Marketing (MLM) companies that the Securities and Exchange Commission (SEC) Philippines issued advisories on.

 

success200 logo
Success200 logo. Image from Success200 company facebook page

 

FLAG prosperity logo
Freedom Life Alliance Global Marketing F.L.A.G. Prosperity Marketing Logo. Image from freedomlifealliance.com

 

Here are the advisories on Success200 and F.L.A.G Prosperity:

Continue reading SEC Issues Advisories on MLM Companies Success200 and FLAG Prosperity

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What’s Your Say on This? – Is Superbrands Philippines Credible?

One of the hospitals I work for proudly displayed the Superbrands seal in its posters when it was awarded one years ago so I assumed then that this award was totally legit and prestigious.

Fast forward to 2015 and here are the awardees:

 

Superbrands 1st certificate awardees 2015
As a Filipino consumer – do I think these brands represent the cream of the crop of Philippine brands? Short answer – NO. Long answer – Not even close. Image from One Lightning Corporation Products Facebook page

 

One of the brands awarded above was the subject of three advisories (cease and desist orders for alleged investment related “modus operandi”) from the Securities and Exchange Commission (SEC) Philippines.

The three advisories were issued against that brand in February, March and April 2015. Superbrands handed out its awards May 2015 (see image above). Wow! How did that happen?

Continue reading What’s Your Say on This? – Is Superbrands Philippines Credible?