Petition to the Securities and Exchange Commission (SEC) to Modify the Revocation Order Against New Seataoo Corporation for Disbursement of Sellers’ Funds
To: The Honorable Members of the Securities and Exchange Commission
Subject: Urgent Request for Amendment of Revocation Order to Ensure Disbursement of Funds to Sellers
Petitioners: Seataoo Sellers Around the Globe
Date: August 17, 2024
Introduction:
We, the undersigned, respectfully submit this petition to the Securities and Exchange Commission (SEC), urging an immediate modification to the Revocation Order issued against New Seataoo Corporation. The primary purpose of this petition is to address the pressing issue of unpaid funds owed to sellers and account holders on the Seataoo platform, which have been withheld since the cessation of Seataoo’s operations. It is imperative that the SEC takes swift and decisive action to ensure that these funds are disbursed directly to the rightful owners without any further delay.
Request for Modification of Revocation Order:
We request that the Revocation Order be amended to include a specific clause mandating New Seataoo Corporation to disburse all funds held in their accounts to the affected sellers. The funds must be transferred directly to the sellers’ bank accounts or designated financial institutions. The amendment should ensure that New Seataoo Corporation is not given control over these funds and that the process is overseen by the SEC to guarantee transparency and fairness.
Role of Banking Institutions:
We also call upon the SEC to instruct all banking institutions holding funds associated with Seataoo to fully cooperate in the disbursement process. The banks must ensure that all funds are directly credited to the sellers’ accounts without any interference or delay by New Seataoo Corporation. This measure will provide a layer of security and prevent any attempts by Seataoo to access or withhold these funds.
Legal and Technical Oversight:
We believe that all legal and technical matters related to this process should be handled by the SEC in collaboration with New Seataoo Corporation. The sellers, who are the rightful owners of the funds, should not be burdened with the complexities of legal disputes or conflicts between the SEC and Seataoo. Our primary concern is the prompt and efficient return of our funds, and we trust that the SEC will act in our best interest to facilitate this.
Conclusion:
The sellers and account holders affected by the abrupt halt in Seataoo’s operations are in urgent need of the funds owed to them. We implore the SEC to take immediate action to modify the Revocation Order, ensuring that the disbursement process is handled transparently, efficiently, and without any further hardship to the affected parties.
We thank the SEC for its attention to this matter and trust that the necessary steps will be taken to protect the interests of the sellers and account holders.
Respectfully submitted,
Vincent Torre Bongolan
Sana mabalik na ang funds namin
Wala hoo akong ibang nais kundi maibalik sana ang Perang naipuhunan q ,mahirap.lang hoo kami ,,Isang kahig Isang tuka maawa naman hoo kayo🙏🙏🙏😭
Yes Prof. Vincent. I fully agreed and a very good move with this petition to request an amendment with the SEC regarding the Revocation Order issued by them. That the funds must be released directly to the respective account of the seller.
Pls SEC,,modify the revocation order against new seataoo corporation
Dear SEC,
I’m one of the Seataoo seller, requesting your good office to modify the revocation order for Seataoo for an immediate disbursement of our fund. Thank you and more power
Dear All,
I represent as one of the Seller of New Seataoo Corp. na nararanasan ang sobra2x pagka problema kung papano makukuha ang pera na inilagay ko sa Negosyo na ito. At hindi na nawidraw simula nag issue ng Revocation Order ang Securities and Exchange Commission.
Yes it’s true! there are thousands of sellers like me na kinakaharap din ang problema na ito. Meron na nagfile ng complaint sa SEC, meron nadin naghahanda magfile sa NBI at CIDG at maging sa programa kay Senator Raffy Tulfo ay may mga nagtungo nadin para huminge ng advise ano mga hakbang ang dapat namin gawin, at nagbigay naman sila ng advice.
Ngunit, alam ko na ito ay medyo matatagalan at hindi na makapag antay kami mga seller na nakulong ang pera sa mga Banko ng New SEATAOO CORP at baka pagtumagal ay tuluyan na mawala ito, we know maraming mata ng evil ang nakapalibot sa mga pera na ito, pera na pighirapan namin lahat. Kung kayat gumawa ako ng video na ito upang ipakalat at ihayag ang sitwasyon naming lahat! Again, libong2x sellers at mahigit Bilyon ang pera ng mga Tao ang nasa mga Banko ng Seataoo.
Ikalat at ipaabot sana natin ito sa kinauukolan ng sa ganun, maaksyonan na ito at hindi pa lalong tumagal.
Kailangan natin magtulungan at magkaisa kung nais natin makuha pa ang mga Pera natin. Simulan na natin ngayon! 💪
Please help all the seller’s receive all the money
Proper execution of releasing of sellers funds is necessary.
To SEC,
Please help sellers. I need my money back.It is almost half a million and it is hard earned money.
Thank you
[email protected]
I am a new seller of New Seattao.I joined the business around May 2024. I did my research before I got in to the business. On my understanding, Seattao is like other online business that we have to have an activity before we had a profit.Meaning I need a capital like other business.I definitely believe that it is legit business and I enjoyed doing it. I hope SEC should considir us sellers of seattao who are affected.I do believed that seattao is not scam nevertheless, kindly help us for the disburstment of out money to be deposit into our accounts as sellers.
Sa mga kinauukulan po sa SEC, nakikiusap po kami na Sana po maibalik na sa lalung madaling panahon ang aming mga pinaghirapang pera. Kami po ay nagtiwala sa seataoo dahil binigyan nyo po sila ng lisensya. Sa pagkakataong ito na perang pinaghirapan po namin ang naiipit Sana po bigyan nyo po ng pansin ang aming pitisyon.
Dear SEC,
Kindly consider us sellers who invested hard earned money with Seataoo. I’m an OFW who sacrificed not to go for vacation to be with my family just to use my savings in investing at seataoo. (200k plus) We are hoping that this issue will be resolved in the name of Jesus Christ of Nazareth.
Yes we need the money asap too much na maranasain Namin to pinaghirapan Namin Ang Pera pra kumita sana .
DEAR SEC,
Please ANSWER ! ! !
-*What is the reason of REVOCATION of NEW SEATAOO CORPORATION-*
-Why SEC didn’t answer of what is the REASON why they give REVOCATION of SEATAOO?
AND LASTLY GOVERNMENT IS INTERESTED OF THE MONEY OF THE SELLER ! ! !
NOT SURE BUT MAYBE CAN YOU EARN LESSON FROM THIS I NOTICE THAT SEC DIDN’T ANSWER OF WHAT IS THE REASON AND GOVERNMENT IS NOT HELPING I DONT KNOW IF THEY HELP BUT I DIDN’T SEE ANY IN GOVERNMENT HELPED ABOUT THIS ISSUE…. IF TRUE THAT THIS BATTLE IS BETWEEN GOVERNMENT VS SELLER BECAUSE GOVERNMENT IS INTERESTED OF THE MONEY OF THE SELLER….THIS IS THE BEST OF THIS (ayaw ibigay ng BSP yung pera sa mga seller para ipamukha nila na BIG SCAM si SEATAOO and then pag SCAM na ang complain ng mga seller jan sila gagawa ng hakbang at ang gawing hakbang nila is BIG SCAM si SEATAOO so BIG SCAM nga wala tayong makukuhang kahit piso na pera yung pera na nasa BSP is di na natin mababawi so mapupunta yun lahat sa gobyerno ! ! ! kung legit naman talaga si SEATAOO gobyerno po kalaban nating mga SELLER sana napansin nyo din na yung gobyerno gumagawa din ng hakbang para di makuha pera natin ! ! ! ALERT ALERT ! ! ! I DONT KNOW PERO YAN YUNG NAPANSIN KO KAHIT AKO NAKAPAGSABI NA AKO NA SCAM SI SEATAOO PERO NAPAGTANTO KO SA MGA REPORT NI SIR PROF. VINCENT IS YUNG GOBYERNO PARANG WALANG PAKI ALAM MADAMI NA ISSUE WALA MAN LANG GALAW IWAN KUNG MERON PERO WALANG BALITA ! !! YUN LANG SANA MGA SELLER WAG MAG KASO AGAD SA SEATAOO YUNG PERA NATIN SA GOBYERNO LANG MAPUPUNTA TANG INA KASI MGA KURAKOT BUWAYA. ! ! ! ! ! ! ! ! ! !
Please SEC help us!
As an ofw who’s working hard to provide for my family is also urging to grant our petition to modify the revocation order towards New Seataoo Corporation so we can claim our freezing money from them due to this revocation that affects even the banking institutions holding the funds associated with seataoo.
SEC BAWIIN MO NALANG YUNG REVOCATION SA SEATAOO . PARA TANGGAPIN NA NG BANGKO ANG SEATAOO AT MA DISBURSE NA ANG MGA PINAG HIRAPAN NAMING MGA SELLERS MARAMI NG BAON SA UTANG , NAWALAN NG ARI ARIAN AT MAY GUSTO PANG MAGPAKAMATAY DAHIL SA STRESS NA DINULOT NETO. PARANG AWA NYO NA ITAMA NYO NA ANG MALI .