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  • REQUEST SUBMITTED

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    Date: 2023-09-29 20:26:46.387091

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    Date: 2023-10-02 09:40:42.410603

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    Date: 2023-10-23 11:30:13.689528

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Inquiry for Legalities of Hyperloop Online System

Requested from SEC by C. Dela Cruz at 08:26 PM on Sep 29, 2023.
Purpose: For security of investment and potential investment scam
Date of Coverage: 09/29/2023 - 09/29/2023
Tracking no: #SEC-096730171581

Dela Cruz 08:26 PM, Sep 29, 2023 

Hi!, Is the scheme used hyperloop online system that is booming in facebook is legal? In hyperloop Online system, they encouraged a prospective individual to invest an amount to have an account on them in exchange of the product of their backup company and earn large commissions. You will earn through recruiting more individuals that will create a group of your pyramid. 
Is this legal to operate?

Gonzales 09:40 AM, Oct 02, 2023 

October 2, 2023

Dear Chero,

Thank you for your request dated Sep 29, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Inquiry for Legalities of Hyperloop Online System.

We received your request on Sep 29, 2023 and will respond on or before Oct 20, 2023 08:26:46 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy0wOTY3MzAxNzE1ODEM, for request with ticket number #SEC-096730171581.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

del Rosario 11:30 AM, Oct 23, 2023 

October 23, 2023

Dear Chero Dela Cruz,

Greetings!

We are sorry for not getting back to you sooner and thank you for your request dated Sep 29, 2023 08:26:46 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Kindly be informed that verification or registration status concerns are under the jurisdiction of the Corporate Filing and Records Division (CFRD). Hence, we will forward this matter to the said Division for immediate action.

For further inquiries and assistance, please directly coordinate with them using the following email address and contact details moving forward:

cfrd_application02@sec.gov.ph
8818-8738

Respectfully,



Office of the Director (OD)
Company Registration and Monitoring Department

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