Based on the Commission’s database, ELECTRONIC WORLD TRADE PLATFORM-EWTP,is NOT REGISTEREDas a corporation or partnership and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITYto solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC).Further, the scheme employed by ELECTRONIC WORLD TRADE PLATFORM-EWTP, has the characteristicsof a “Ponzi Scheme”where moneyfrom new investors are used in paying “fake profits” to prior investorsand is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors.
Based on the Commission’s database, ELECTRONIC WORLD TRADE PLATFORM-EWTP,is NOT REGISTEREDas a corporation or partnership and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITYto solicit, accept or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC).Further, the scheme employed by ELECTRONIC WORLD TRADE PLATFORM-EWTP, has the characteristicsof a “Ponzi Scheme”where moneyfrom new investors are used in paying “fake profits” to prior investorsand is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors.