Wednesday, April 27, 2005

Kassey’s entry: Mission Accomplished

Kassey’s entry
Mission Accomplished
21 April 2005

Mission 1: Find copies of FS and GIS of ________ (this part withheld for editorial purposes)_______.

I arrived at the Public Reference Unit (PRU) of Securities and Exchange Commission (SEC) at around 4 pm. I immediately asked for the paper (that the guard gave me the first time I went there), which I had to fill-up with information. The good thing is that I now know what I was exactly looking for.

I wrote down the name of these two companies (just to be sure): _______(name edited)________.

When the lady handling the paper called my name, I went to her and told her that I was looking for copies of FS (financial statement) and GIS of the companies jotted down in my paper. She searched for it and found out that the ______(edited)______ was not there. I was surprised because when I went there the other day, another lady told me that _______ was on their list. Anyway, I told her that the FS and GIS of __________ would do. So, she again stroke her keyboard and after some seconds, information flashed in her monitor. She showed me the results of her search and told me that the company only filed for their FS, meaning the GIS was not available. But she suggested me that the company had their amended articles filed at the SEC. So, I told the lady that those articles would be helpful. She wrote down something on my paper and pointed to the Paper Counter to submit my request.

After submitting my paper and waiting for some time, my name was called again. Another lady approached me and led me to her cubicle. The papers we’d searched were 17 pages all in all and cost P165. I paid for the documents at the cashier and showed my receipt to the Paper Counter so that I could get the documents.

Mission 1, accomplished.



Mission 2: Get a copy of SEC’s penalty on ______________


I inquired at the monitoring division on how/where I could get information regarding penalties. A Mr. Gardo Versosa look-alike handed me a paper with listings I couldn’t understand. So, that’s it. I thought I was done. But after hearing two ladies talking at my back that they needed a computation for the penalty they had to pay, I again talked to Mr. Gardo Versosa look-alike and asked him if I could get the penalty of OFW International Holdings Inc. be computed. He gave me another paper to fill-up. I returned it back to him after filling it up. I again waited for some minutes. Mr. Gardo Versosa look-alike led me to Mr. Sani de Leon; he also gave a piece of paper to him. When Mr. de Leon was scanning the paper, he asked me to go to the 6th floor of the building. I went there and talked to a lady who pointed me to another cubicle. When I got there, I asked the person at the cubicle if I could have a copy of SEC’s penalty on the company. She got some papers in her cabinet and made me sign it (proof that I received a copy of it). But before I could leave, she asked me where I would use it. I introduced myself and told her that the consortium’s going to use it as a source for an article. She had my student ID photocopied and got the consortium’s whole name, address, and the purpose of the company.

Mission 2, accomplished.



Mission 3: Find out whether STI branches are still under SEC


I went back to the third floor of the building and again asked Mr. Gardo Versosa look-alike whether STI branches are still under SEC. This was what he said: “ Oo naman. Lahat ng branch ng STI ay under pa rin namin.”

Mission 3, accomplished.



* ______________________(this part edited)_____________________

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