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                    [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 SEC’s 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
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                    [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 SEC’s Compliance and Enforcement Department, said the failure of Powerhomes to comply with  their directive will result in the immediate closure of the marketing firm’s operations.


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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UNDER POWERHOMES

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                    [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 SEC’s 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
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [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 SEC’s Compliance and Enforcement Department, said the failure of Powerhomes to comply with  their directive will result in the immediate closure of the marketing firm’s operations.


                    [DatePublished] => 2003-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
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CA junks Powerhomes’ bid for recall of SEC order

By Zinnia B. Dela Peña | July 15, 2004 - 12:00am

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...

Business

Powerhomes ordered to return money of investors

By Zinnia B. Dela Peña | September 4, 2003 - 12:00am

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...

Business