Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
CROWD-FUNDING CAMPAIGN & SAVINGS PROGRAM THIS PORTFOLIO IS FOR PREFERRED PAR TNERS OF SENSE, THE SENSE SHOP, PLUS 63 MARKETING, AND SENSE.INFO. THIS IS NOT MEANT TO BE USED FOR PUBLIC INVESTMENT AS THE SOLE PURPOSE OF THIS DOCUMENT IS TO EDUCATE PRIVATE INDIVIDUALS & OUR CHERISHED PARTNERS FOR SUCCESS.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 1 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Thank you for accepting our proposal and invitation to browse through this life changing portfolio. We thought of sending you this proposal because we believe that together, we can do great things. In a nutshell, we are building an amazing software company. We cannot tell you more on the projects & software we are doing, but we can give you a glimpse of what we are up to. Here’s the link: https://www https://www.youtube.com/w .youtube.com/watch?v=HonL5PzG atch?v=HonL5PzG9oc 9oc To make things more exciting, part of the funds we have is provided by Google Ventures. This is a subsidiary of Alphabet Inc. who owns and manages Google and its subsidiaries. Below is the welcome letter we received for this partnership.
Figure 1. A picture of the letter sent by Google Ventures as confirmation of the proposal we sent, requesting for initial funding. The letter was sent over a year ago, and it was only on the 21 st of August that a formal reply was granted. The lower part of the letter was not included as it contains confidential terms and business strategies that need not to be revealed.
So what does this mean? It means a lot for us, but more importantly, it means a lot to you:
It means that the company you will w ill be partnering with is world-class. Before Google Venture s provide initial capital, the company undergoes a rigorous process of screening from its management, processes, and business operations; It means we have the capital to make things work and the logistics to make it bigger; It means that in the future, you will be part of something great, something meaningful and something extraordinary. It’s li ke Facebook, Twitter, and Instagram in the making; It means more earning for your yo ur savings and investment;
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 2 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: How can you participate in this amazing opportunity and become an early supporter? Answer: You decide on the amount of money you want to save. Question: How can I earn? Answer: You decide on how long you want your savings to grow. For instance, if you decide for a one-year term, we will give you 200% return. Meaning, if you saved PhP 30,000 today, we will issue a check under your name amounting to PhP 60,000. Question: Are there other ways to earn? Answer: Yes. If you decide promptly, we will give you a bonus of another 100% return the following year, at no additional cost. For example, if you saved PhP 30,000 in 2015, you will get PhP 60,000 in 2016. Another 30,000 will be given to you in 2017 at no additional savings from you. Question: How can we get shares from this amazing company? Answer: Shares will be given once the company goes public and is registered in the PSE. You will get the shares for free IF you decide promptly. Based on our current example, you will also receive credit amounting to PhP 30,000 that you can use to purchase shares from the company in the future. Question: What are the other benefits? Answer: You can check the contract for more information. Question: Why does the company encourage people to save? Answer: It is a moral and social obligation for us. Filipinos want to save but are hesitant to invest. We want them to experience the benefits of both. Question: Where would the company get the money to pay for the savers? Answer: It will come from the seed fund provided by Google ventures. Question: Where would the company get the money to pay for the savers? ventures. Answer: It will come from the seed fund provided by Google ventures. Question: How important are the savers? Answer: Very important. One success that determines the value of the company is the number of people who trust it. The more investors and savers, the better for the future o f the company as it possess for value in the public eye. Question: Is this program legal? Answer: Yes it is. Cooperatives do this, and more like every other small time companies. This is not an investing program but rather a savings program. The shares are ar e given for FREE. The money saved is safe, secure, and can be withdrawn anytime at the convenience of the client.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 3 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: Is this company registered? Answer: Yes it is. It is registered in Manila. In December of 2015 however, it will transfer in Bacolod City. Attached are the SEC registration and the approved transfer letter from SEC.
Figure 2. A picture showing the SEC registration of the company under the name Senseshoppe Technologies Philippines Corporation, registered in Manila. This registration is now cancelled as the registration is due to be transferred from NCR to NIR (Negros Island Region). Main office is to be t ransferred from Manila to Bacolod as approved by the Securities & Exchange Commission (see Figure 3).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 4 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 3. Grant of transfer request was granted by SEC. Requirements were accomplished promptly and everything is set to be ready before the end of 2015. Bacolod City is a strategic location for logistics, delivery, and for pooling of software talents from Visayas & Mindanao. The company can also avoid issues related to flood and other natural calamities.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 5 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: Who owns the software company and who are the other shareholders? Answer: Google provided the initial fund for the company.
Figure 5. A screenshot of the e-mail from Google Ventures informing the CEO of the successful transfer of investment funds – Mr. Sanjay Manapinit is the OCI for Google Venture SEA (South East Asia). His brother, Mr. Sanjay Ravi Manapinit works for Yahoo! Venture handling North American Markets.
Figure 6. A clearer snapshot of the e-mail sent.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 6 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: How much did Google provided as an initial fund? Answer: We got $64,000 as net investment for the first round on November 28. The remaining $36,000 will be given upon the completion of the project.
Figure 7. As verified on November 28, BDO confirmed that the amount invested by Google was credited to the company’s corporate account, as shown in the passbook passbook stamp on the same date.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 7 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: How’s the financial standing of the company in General. Answer: It is doing extremely well.
Figure 8. A snapshot of the company’s second BDO account (with no passbook) checked c hecked last November 28, early morning. This account is primarily used as a contingency fund, allotted during emergency purposes.
zoom-sized snapshot of the company’s fund reveals a reveals a standing balance of PhP 581,017 under Figure 9. A zoom-sized its non-passbook, BDO Account. The pass-book account was created for corporate investors.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 8 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 10. A snapshot of the company’s BPI checked last November 28, early morning.
Figure 11. A zoom-sized zoom-sized snapshot of the company’s fund reveals reveals a standing balance of PhP 889,209 under its BPI Account.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 9 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 12. A snapshot of the company’s Metrobank Account checked last November 28, early morning.
Figure 13. A zoom-sized zoom-sized snapshot of the company’s fund fund reveals a standing balance of PhP 313,000 under its Metrobank Account.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 10 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 14. A picture of the company’s Bank of Commerce Statement of Account issued last November 27.
zoom-sized snapshot of the company’s fund fund reveals a standing balance of PhP 705,300 under Figure 15. A zoom-sized its Bank of Commerce Account.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 11 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 16. A picture of the company’s BPI Statement of Account issued last November 27 (a clearer breakdown of the statements in Figures 10 & 11).
zoom-sized snapshot of the company’s fund reveals a standing balance of PhP 889,209 under Figure 17. A zoom-sized its BPI Account. (a clearer breakdown of the statements in Figures 10 & 11).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 12 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: Are there legal papers and documentation? Answer: Yes. We issue a postdated check and a contract that is duly notarized under a foreign investment program.
Figure 18. A postdate check that we issued as proof of savings return for our clients.
Figure 19. A postdate check that we issued as proof of savings return for our clients.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 13 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 20. A postdate check that we issued as proof of savings return for one of our first clients in the LongTerm Savings Program (LOTS).
Figure 21. A postdate check that we issued as proof of savings return for one of our f irst clients in the LongTerm Savings Program (LOTS).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 14 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 22. Signing of contract and documentation for our client, Mr. Samuel L. Dulaca, Jr.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 15 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 23. The contract in zoom-view showing the seal of the DFA under its foreign investment program in partnership with the Department of Finance – visible on the picture is the seal of the DFA.
Figure 24. The contract in zoom-view showing the seal of the DFA under its foreign investment program in partnership with the Department of Finance – visible on the picture is the seal of the DFA and its contact details.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 16 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Question: Are there people who already earned from this system? Answer: Yes. We are on our second year now, and below are the documented pictures of those who already accomplished the benefit of the system because they have chosen wisely.
Figure 25. Eric Abay saved 10K in 2014 and earned 30K in 2015 (exactly one year).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 17 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 26. JP M. Divinagracia saved 10K in 2014 and earned 30K in 2015 (exactly one year).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 18 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
Figure 27. Elbert A. Pasoy saved 10K in 2014 and earned 30K in 2015 (exactly one year).
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 19 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
By now, you have probably figured out how amazing this program is. Now, the only thing left is to decide who has the better deal – is it the bank or Sense? Here is a breakdown of the information you need, in order to decide the amount you want to save:
The program is safe & secured. It comes with an issued PDC, and a notarized contract by the foreign investment program of DFA & Department of Finance (figures 22, 23, & 24); It is a proven system and many have benefited from this set-up (figures 25, 26, & 27); The company is registered for five years (figures 2 & 3); The company has stable finances (figures 7 up to 17) – PhP 5,488,000 in liquid assets; Non-passbook BDO Account has PhP 581,000 in available balance; Passbook BDO Account has PhP 3,000,000 in available balance; Bank of Commerce Account has PhP 705,000 in available balance; Metrobank Account has PhP 313,000 in available balance; BPI Account has PhP 889,000 in available balance; The company is supported by one of the largest co mpanies in the world (figures 5 & 6);
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 20 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 21 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
SENSESHOPPE TECHNOLOGIES, INC. Whole Sale Distributor, Bulk Retailer, Outsourcer, Advertiser, & I nternet Seller The Sense Shop and its Cooperative is A Sub sidiary of the Sense Organization For the avoidance of doubt, this document is not meant meant to serve as a recommended recommended form suitable for each seed and/or early stage capital savings in any start-up/early stage company. It is intended for use as a starting point for drafting and negotiation onl y. All parties involved should carefully consider departing from its terms where necessary to reflect the business terms underlying the seed/early stage capital savings and should always satisfy themselves with their advisors and counsel of the commercial and legal implications of its use.
SERIES A SAVINGS AND SUBSCRIPTION AGREEMENT
dated December 1, 2015 for The Sense Shoppe Technologies, Inc. made by and between [CLIENT’ S NAME & SIGNATURE ] and Mr. Philip Wen A. Bombita and The Rest of the Company’s Share Holders Holders and The Sense Shop
The Sense Shop Philippines (TSS), a subsidiary of Sense, consents to the use, reproduction and transmission of this document by members of TSS for the preparation and documentation of agreements relating to savingss or potential savingss in Filipino start-up companies. companies. This document may be reproduced and transmitted to to non-members of TSS in hard copy only. TSS does not consent to the use, reproduction or tran smission of this document for any other purpose, in any other manner or by any other person and expressly reserves all other other rights. © The Sense Shop (TSS), a subsidiary of Sense. All rights reserved.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 22 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
SECTION 1 – COMPANY COMPANY PROFILE & PROFIT GAIN Disclosed Corporate Profile 1. The Sense Shop (TSS) is a duly registered Filipino-owned company with legal permits operating in the Philippines with local office in Km. 54, McArthur Highway, Valenzuela, Metro Manila. A secondary office which will be the site of its future operations is in Lot 4, Block 3, Seaside, Tangub, Bacolod City. 2. The Sense Organization is comprised of The Sense Shop, Sense INFO, and Plus 63; 3. On November, 21, 2015 – 2015 – 90% 90% of TSS operations is to be moved to Bacolod City; 4. On the aforementioned date, SEC and BIR registrations is to be transferred in Bacolod City; 5. TSS has a registered VAT Reg. TIN: 001-901-673-095; 6. For the client’s reference, TSS maintains the following website – www.senseshop.biz www.senseshop.biz,, www.plus63.biz,, www.facebook.com/sensenetwork www.plus63.biz www.facebook.com/sensenetwork ;;
For transparency, the company declares that the savings collected from LOTS is to be pooled with a sepcific corporate fund for ordering of new products in bulk thus, implying a guarantee that the source of the savings return given to the clients is not from other client s’ money but rather taken from the company’s profit. Profit Growth of Savings 1. The money from the savings’ savings’ account will be placed in the funding program of The Sense Shop’s Independent Sellers’ Group (TSS-ISG). (TSS-ISG). This is an initiative for financial growth; 2. The money used as a form of seed fund or capital for TSS clients who pay on a COD (Cash-OnDelivery) basis. No savings is used as capital for residential clients to minimize risk; 3. TSS supplies the following products to its Preferred-COD clients: a. Professional Detergent Powder Brands – Brands – Ariel, Ariel, Tide, Breeze, Surf, Pride, Calla, Bonux b. Dishwashing Liquid – Liquid – Joy Joy c. Fabric Conditioner – Conditioner – Downy Downy and Surf d. Liquid Detergent – Detergent – Surf Surf and Breeze e. Hair Shampoo – Shampoo – Head Head and Shoulders, Clear, Pantene, Dove, Vaseline, and Sunsilk f. Hair Conditioner Conditioner – Pantene, Pantene, Dove, and Creamsilk g. Soap – Soap – Safeguard, Safeguard, Likas, Cetaphil, Dove, Camay, Block and White h. Body Wash – Wash – Dove Dove and Olay i. Consumer Electronics – Electronics – Phones Phones and Tablets j. Software & Other Related Services 4. The capital is hereby used multiple times to generate more revenue. This system allows for a safe savings program that gives very minimal risk and yields profitable business margins; Statutory Client Benefits for Non-Franchise Owners 1. For the duration period of the savings’ program, the client will get unlimited discounts from all the products and services offered by The Sense Shop and its affiliates; 2. Along with this, a special discount card will be given to the client which can be used to avail discounts from specific partner establishments in the City of Bacolod for the time being; 3. An e-commerce platform benefit will be given to the client where they can process payments online, book plane tickets, as well as reserve hotels; 4. These benefits will expire once the savings in full amount has been paid out; 5. To continue with the benefits, a specific franchise fee is to be paid in full;
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 23 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
SECTION 2 – STATEMENT STATEMENT OF DECLARATION Intent The purpose of this documentation is to orient the clients for TSS private savings program (PSP), facilitate & render more efficient agreement, and document private transactions subject to Philippine regulations. The documentation is subject to local regulations but takes into account international, including Anglo-American documentation standards and concepts. Documents This documentation comprises the following documents: term sheet (series A), savings and subscription agreement (series A), other agreement forms (series A), and certain important ancillary documents (available only upon request): articles of association (statutes) and board regulations. Working Group - Consultants In order to incorporate the collective experience of entrepreneurs in practice, and ensure broad acceptance in the retail industry, TSS (Mr. Philip Wen Bombita of Sense, head of the TSS savings board) invited a group of entrepreneurs and legal experts from some of the major business & law firms active in the field to develop a commonly acceptable set of documentation. The group consisted of:
1. 2. 3. 4. 5. 6. 7.
Atty. Joseph Dimaculangan, International Business Law Expert, ACCRA; Dr. Marianita Tambunting, Ateneo Business School Professor; Jerry McKinley, NYSE Broker; Michael Manlapus, PSE Broker and Stock Consultant; Ulysses Solis, Developer at Google; Christian de Silva, Savings banker; Eduardo Mariano, who provided the initial drafts and incorporated as well as reconciled the many adaptations and annotations throughout the process.
Scope The Working Group first had to agree on a number of assumptions. The PSP documentation is oriented not exclusively, but also towards non-franchise owners. Further, it assumes that: 1. The is made as a series A - early stage capital savings (typically PhP 630,000 in total); 2. The circle of involved parties consists of founders and shareholders and up to 3 active clients; 3. The start-up/early stage company is registered in the Philippines and organized in the form of a private company company soon soon to be a corporation (after (after SEC opens in Region 18 NIR); NIR); 4. further assumptions and qualifications are stated in the footnotes;
In addition, important commercial terms (such as representations and warranties in the Series Series A and Subscription Agreement, control-related veto rights on shareholder and board level and anti-dilution, registration and non-competition related protections in the Series A Client Agreement) have been included in the PSP documentation as an example and/or have been deliberately left blank. Disclaimer Consult your lawyer, tax and other advisors to ensure that the PSP Documentation fits, and is being adapted for, your specific purpose and whether and to what extent the rights and obligations contemplated in the PSP Documentation are valid and enforceable. Neither TSS nor any member of the working group gives any opinion or assurances as to the suitability, adequacy, validity or enforceability of the PSP Documentation and its provisions. It is up to each party to ensure if and to what extent the PSP Documentation is suitable to the transaction at hand and its interests. Each transaction has its own particularities particularities and requires a careful careful balancing of interests. interests. And for many of the legal legal issues addressed by the PSP Documentation there is more than one "right" response.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 24 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
SECTION 3 – SUBSCRIPTION SUBSCRIPTION AGREEMENT
This documentation and subscription agreement (the "Agreement") is dated November 15, 2015 and entered into by and between 1.
Program Enrollees – Enrollees – Can Can be in individual or group [leave blank if N.A.] a. [Client 1], [address] (hereinafter (hereinafter referred to as "[Client 1]") b. [Client 2], [address] (hereinafter (hereinafter referred to as "[Client 2]") c. [Client 3], [address] (hereinafter (hereinafter referred to as "[Client 3]") d. [Client 1], [Client 2] and [Client 3], hereinafter collectively the "Clients" and individually a "Client")
2. Founders a. Philip Wen A. Bombita, [Tangub, Bacolod City] (hereinafter (hereinaft er referred as "Founder 1") b. Jekyll H. Olmos, [Tangub, Bacolod City] (hereinafter referred as "Founder 2") c. Marilou A. Bombita, [Tangub, Bacolod City] (hereinafter referred as "Founder 3") d. [Founder 1], [Founder 2] and [Founder 3], hereinafter collectively the "Founders" and individually an "Founder") 3. Other Share Holders a. Marlie Joie Bombita, [Bacolod City] (hereinafter referred to as "Other Shareholder 1") b. Dona Bella Anjao, [Bacolod City] (hereinafter referred to as "Other Shareholder 2") c. Jose Arlie Bombita, [Bacolod City] (hereinafter referred to as "Other Shareholder 3") d. [Other Shareholder 1], [Other Shareholder 2] and [Other Shareholder 3], hereinafter collectively the "Other Shareholders" and individually an "Other Shareholder") the Founders and the Other Shareholders hereinafter collectively the "Existing Shareholders" and individually the "Existing Shareholder") 4. and the Company a. Solely in respect of the obligations of the Company; Company; b. The Sense Shop with office address at Km. 54, Mc Arthur Highway, Karuhatan, Valenzuela, Manila (hereinafter referred to as "Company").
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 25 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
SECTION 4 – CLIENT CLIENT AGREEMENT
LOTS or Long Term Savings Program is an initiative of The Sense Shop through its marketing arm, Plus 63. The main objective of this program is to provide an alternative source of income for franchise owners and to those that they have recommended provided that the FM has an excellent credit rating. This is a savings program for a period of three hundred ninety and five (395) calendar days. Timelines and Monetary Returns 1. The program will run from December 1, 2015 to December 31, 2016 2. Minimum amount to be saved is PhP 5,000 with a profit guarantee, subject to the following: a. 30% profit guarantee for monthly returns, for a total of twelve (12) pay-outs; b. 40% profit guarantee for quarterly returns, for a total of four (4) pay-outs; c. 50% profit guarantee for bi-annual returns, for a total of two (2) pay-outs; d. 100% profit guarantee for annual returns, for a total of one (1) pay-out; 3. After signing this documentation, a post-dated bank note will be issued to the client: a. The bank note will depend o n the client’s location: i. For Negros-based clients, check from Rural Bank of Marayo will be issued; ii. For clients outside of Negros, check from China Bank will be issued; b. For monthly pay-outs, twelve (12) bank notes will be issued to the client dated at the end of every month in 2016 from January to December; c. For quarterly pay-outs, four (4) bank notes will be issued to the client dated on 2016 March 31, 2016 June 30, 2016 September 30, and 31 December 2016; d. For bi-annual pay-outs, two (2) bank notes will be issued to the client dated on 2016 June 30 and 2016 December 31; e. For annual pay-outs, one (1) bank note will be issued to the client dated on 2016 December 31; 4. Only clients who opted for an annual return will be given priority in the next round of ; 5. Savings are in the increments of PhP 1,000 that can be availed through an individual or a group; 6. Maximum amount that can be saved is at PhP 630,000; 7. The company reserves the right to refuse savings from non-recommended clients; 8. After the program matures and the check has been enchased, the client has the option to save again, if and only if the company offers the same program; Client Agreement 1. This program is not a private or public investment investment and therefore, it does not provide ownership to the company or its stocks. It is a secured savings program; 2. Initial clients of LOTS, so long as they maintain a good credit rating will be given top priority in future savings opportunities and/or similar initiatives; initiatives; 3. The client can pull-out his savings at any time but should therefore return all checks that were not enchased yet. A formal letter should be submitted. The client agrees to give the company sixty (60) calendar days for the full refund to take place; 4. The client understands the risk of the business and will not held the corporate officers or its affiliates any liability concerning the bankruptcy of the program as a result of force majeure, death, untoward injury, economic collapse, national bankruptcy, and other risks beyond the control of men.
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 26 of 28
Araneta St., Bacolod od City, PH 6100 +63 919 8654991,
[email protected] www.plus63.biz, facebook.com/sensenetwork
CLIENT INFORMATION SHEET Complete Name: Mailing Address: Mobile: Recipient of Savings in-case of Death Relationship: Amou nt of Savin Savin gs
Terms Monthly Quarterly Bi-Annual Annual
E-Mail:
FB: Mobile: Date Deposited
Finance Institution
Sample Savings Pay-out Table for PhP 30,000 Savings – TAX TAX FREE Interest Savings Savings Income Total Check Issued 30% PhP 30,000 PhP 9,000 PhP 39,000 12 40% PhP 30,000 PhP 12,000 PhP 42,000 4 50% PhP 30,000 PhP 15,000 PhP 45,000 2 100% PhP 30,000 PhP 30,000 PhP 60,000 1
Amount PhP 3,250 PhP 10,500 PhP 22,500 PhP 60,000
By signing this form, the client agrees that he understands all of the conditions stated above, and that all pertinent questions questions about about this contract contract have have been thoroughly thoroughly answered; answered;
For and in behalf of TSS (Signature over Printed Name)
Client (Signature over Printed Name)
Witness (Signature over Printed Name)
Mr. Philip Wen A. Bombita General Manager The Sense Shop
_______________ ______________________ ____________ _____ _______________ ______________________ ____________ _____ _______________ ______________________ ____________ _____
_______________ _______________________ ____________ ____ _______________ _______________________ ____________ ____ _______________ _______________________ ____________ ____
09996602680
[email protected]
_______________ ______________________ ____________ _____ _______________ ______________________ ____________ _____
_______________ _______________________ ____________ ____ _______________ _______________________ ____________ ____
THIS SPACE IS FOR LEGAL NOTARIZATION DO NOT LEAVE ANY MARK BEYOND THIS AREA
TSS Cooperative is a subsidiary of The Sense Shop. LOTS Program Contract Page 27 of 28
THE SENSE ORGANIZATION L4, B3 Seaside, Tangub, Bacolod City Site: senseshop.biz, plus63.biz Blog: phweebly.we phweebly.weebly.com ebly.com Tele Fax: +63 34 4312597 Mobile +63 9198654991 Mail: thesensesho
[email protected] [email protected] om FB: facebook.c facebook.com/sensenetwo om/sensenetwork rk
For clients who decided promptly, the following benefits will apply: 1. Additional 100% return for free, a year after the first returns were given; 2. A bonus in investment credit (subject to the amount saved), that can be used to purchase shares from the company once it goes public in the near future; 3. Summary and comparison are as follows: fo llows:
Program Regular (30K) Special (30K)
Applicable for Yearly Returns Only – Sample Sample PhP 30,000 Savings Interest 2016 2017 Free Shares Check Issued 100% PhP 60,000 1 200% PhP 60,000 PhP 30,000 PhP 30,000 2
Amount PhP 60,000 PhP 90,000
THIS SPACE IS FOR LEGAL NOTARIZATION DO NOT LEAVE ANY MARK BEYOND THIS AREA
Crowd-Funding & Long-Term Savings Program (LOTS). Page 28 of 28