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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 257611 [Title] => CA junks Powerhomes bid for recall of SEC order [Summary] => The Court of Appeals has denied Power Homes Unlimited Corp.s motion to reconsider an earlier decision upholding the cease and desist order (CDO) issued by the Securities and Exchange Commission (SEC) against the firm in 2001.
In affirming the SECs decision, the CA said the marketing strategy of Powerhomes proved an absence of a product and that it mainly derives profits through recruitment, or from the efforts of others.
[DatePublished] => 2004-07-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 219710 [Title] => Powerhomes ordered to return money of investors [Summary] => The Securities and Exchange Commission (SEC) has ordered Power Homes Unlimited Corp. to immediately return the investments of its over 100,000 members and to refrain from holding seminars or trainings which are intended to attract more investors.
Tomas Syquia, head of the SECs Compliance and Enforcement Department, said the failure of Powerhomes to comply with their directive will result in the immediate closure of the marketing firms operations.
[DatePublished] => 2003-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
UNDER POWERHOMES
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 257611 [Title] => CA junks Powerhomes bid for recall of SEC order [Summary] => The Court of Appeals has denied Power Homes Unlimited Corp.s motion to reconsider an earlier decision upholding the cease and desist order (CDO) issued by the Securities and Exchange Commission (SEC) against the firm in 2001.
In affirming the SECs decision, the CA said the marketing strategy of Powerhomes proved an absence of a product and that it mainly derives profits through recruitment, or from the efforts of others.
[DatePublished] => 2004-07-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 219710 [Title] => Powerhomes ordered to return money of investors [Summary] => The Securities and Exchange Commission (SEC) has ordered Power Homes Unlimited Corp. to immediately return the investments of its over 100,000 members and to refrain from holding seminars or trainings which are intended to attract more investors.
Tomas Syquia, head of the SECs Compliance and Enforcement Department, said the failure of Powerhomes to comply with their directive will result in the immediate closure of the marketing firms operations.
[DatePublished] => 2003-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | July 15, 2004 - 12:00am
By Zinnia B. Dela Peña | September 4, 2003 - 12:00am
Recommended
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
17 hours ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
1 day ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
1 day ago
The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
2 days ago
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