October 15, 2025
THE Enforcement and Investor Protection Department of the Securities and Exchange Commission (SEC) has issued another set of advisories against several entities soliciting investments from the public without the necessary licenses.

The following corporations have operations within SEC-Davao’s Area of Responsibility (Davao Region, Soccsksargen, Cotabato City and Maguindanao Province):

1. Wellcons Unlimited Systems, Inc. (Wellcons)

2. Astrazion International, Astrazion Noble Task Community Foundation, and Astrazion Global Holdings, Inc.

Wellcons Unlimited Systems, Inc. (Wellcons), with principal office located at P15A, National Highway, Bagontaas, City of Valencia, Bukidnon and headed by MERARI PAILAGAO, is enticing prospective individuals to join the company through the “binary system” and “pangakabuhayan system.”

The “pangkabuhayan system” is actually the “double-your-money” scheme of the company where the package/s availed of by the member will earn P3,000, P5,000, and P10,000 for Bronze (worth P1,500), Silver (worth P2,500), and Gold (worth P10,000), respectively. However, the guaranteed income of P3,000, P5,000, and P10,000 shall be given to the investor based on a daily rewards of P15, P25, or P50 depending on the package availed of, which total guaranteed income could be earned within more or less six months.

Investor-members belonging to the company’s Top 20,000 members shall also be entitled to Profit Sharing equivalent to 20 percent…

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