SEC issues cease and desist order vs Superbreakthrough Enterprises

MANILA, Philippines --- The Securities and Exchange Commission (SEC) has asked Superbreakthrough Enterprises Corp., a marketing company operating under the name of 1UP Time, to stop the solicitation of investments from the public without the necessary licenses. In a statement on Thursday, SEC confirmed that the the Commission En Banc directed the company to "immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC." 1UP Time, according to groups found on social media networking sites, is engaged in the sale of different investment packages for ...

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