Future documentation of new vehicle transaction

Follow up.

This was assigned to Marecho Conde and MM and it is clear there is no turn over on this..

Note on their  201 file.

HR.  FOR COMPLIANCE

JA TA FOR STRICT COMPLIANCE

On Tue, Jan 16, 2018 at 8:38 PM Jorge Saguinsin <holygardens.groupnew@gmail.com> wrote:

TO         :       TA

                     AP

Subject:   Documentation of Vehicle Acquistion,  Present and Past

You are instructed to  immediately document the transaction in the documentation of vehicles:

Show me the draft documents ASAP

Past:     L300   Calamba for CMCS  with a Promissory Note   to ERS

             L300 for Pangasinan CMCS  with a Promissory Note  to ERS

                           backlogs would have to be paid

             The G4 of   Mila Manaig charged vs. ME

Present:    Pangasinan -   PN for NV 350 12 seater   to ERS

                Calamba         PN for NV 350 premium    to  ERS

               Calapan       -   PN for Crosswind  to Calamba

               Malasiqui     -   PN for Crossiwnd   to   Pangasinan

Suggested template:

This agreement entered to by and between 

 ____________________________________________--represented by _______________   (Or ERS) hereinafter known as LENDER

                                        and

 ___________________________________________represented by 

________________________hereinafter known as the BORROWER

Whereas the borrower is desirous of acquiring a vehicle  for its increased efficiency and speed in carrying out its business;

Whereas the Borrower has the manpower, skiils and management ability to operate, maintain and pay for its monthly obligation

Where as the Borrower is very unlikely to have a good credit standing with banks  and car companies the former lacking updated financial statements and reports

Whereas the Lender has the capability to lend at affordable interest rate to get sufficient ROI for its funds, 

Whereas the borrower agrees that the Lender can have more generous terms for the repayment of the loan and more consideration

For and in consideration of the above premises, both parties have covenanted, agreed and affirmed on the following:

1.  The borrower will acquire a vehicle more particularly described as follows:

      Brand

     Model

     Year

     Described

     Quoted Price by Dealer

2. The Lender will pay in cash the car dealer in the net amount of P_______________

3.  The borrower agrees to:

      1 Pay a down payment of  ______________________________

      2.  Pay a monthly of   ______________________________________

          representing     Principal __________________

                                 Interest  __________________

       for three years

        nominal interest of 4.5% per annum straight financing

       religiously and faithfully every _______of the month without need of demand

    3. Pay the comprehensive insurance every anniversary day of _________________

       endorsed to the Lender without need for demand

    4.  Hire  a qualified and competent driver with professional drivers license to drive the 

         said vehicle safely 

    5.  Subject the vehicle to regular and rigid maintenance schedule .  Keep the vehicle in 5 always, looking and smelling clean

    OTHER CONDITIONS

    1.  Proper record keeping of travel, TRT

    2.  Proper filing of OR, CR and insurance

    3. Regular training and refresher course for the driver

   4.  Only authorized driver and travel under TRT

   FOR STRICT COMPLIANCE

             

--

PAGSASANAY SA TAGUMPAY (Training for Success)

SETTING THE STANDARDS IN INTERMENT SERVICE

Innovation creates more wealth and more customers

  Jorge U. Saguinsin

  Be a BIDDA now

  RRURAC   (Read, Reflect, Understand, Realize Act, Check)

   Please visit the following sites:

   

   Free Obituaries for Friends of Holy Gardens

   Free Obits for Holy Gardens Customers

   Archives for Holy Gardens Tributes

   Birthdate and death date anniversaries of dearly departed

   Holy Gardens Rewards

   Patsikot/SUV Promo

Notice:   This email address is a private property of Holy Gardens Group and its contents are private and confidential.    Its contents and attachment  may not be copied nor forwarded to parties other than the ones intended to,  nor can the contents be used other than the original intent  You are advised to delete the message you received if in case it may have been wrongly sent to your good office

--

PAGSASANAY SA TAGUMPAY (Training for Success)

YOU MUST ACKNOWLEDGE RESPOND TO THIS EMAIL...

COMMUNICATIONS PERFORMANCE IMPACTS  THE PE    (which is basis for promotions)

SETTING THE STANDARDS IN INTERMENT SERVICE

Innovation creates more wealth and more customers

  Jorge U. Saguinsin

  Be a BIDDA now

  RRURAC   (Read, Reflect, Understand, Realize Act, Check)

   YOUR OFFICES ARE OBLIGED ORDERED TO UPDATE  THEIR POSTS AT

    THE FOLLOWING SITES: (they have been placed here for your easy reference)

   

   Free Obituaries for Friends of Holy Gardens

   Free Obits for Holy Gardens Customers

   Archives for Holy Gardens Tributes

   Birthdate and death date anniversaries of dearly departed

   Holy Gardens Rewards

   Patsikot/SUV Promo

Notice:   This email address is a private property of Holy Gardens Group and its contents are private and confidential.    Its contents and attachment  may not be copied nor forwarded to parties other than the ones intended to,  nor can the contents be used other than the original intent  You are advised to delete the message you received if in case it may have been wrongly sent to your good office

Double your money in 7 years offering

Please review;   do we need this, masyado bang generous.  We can offer this to Dantes group

THE OFFERING/TERM SHEET

What:   During the pre selling period, listed in the price list are plots for preselling.              These are plots reserved as collateral for borrowings by the corporation to               to initially finance the development  of the memorial park  for the first                     year.

Preferred Investors:  This is reserved for friends and affiliate corporations:                                              Majorem    Lending, the Memorial Care fund, Destiny                                            Financials, and JV partners

Borrowers:      Ang Uno Gardens for Holy Gardens Greenhills;

                     San Carlos Pangasinan Gardens Inc. for Pangasinan

Amount to be Issued:

            P20,000,000 for San Carlos Pangasinan Gardens

            P30,000,000 for Ang Uno Gardens

Preferred Number of Lenders:   Not more than 20 for each company

Units:   P100,000.00 each  with each lender having a maximum of 50 units only

Documentation:   Promissory Note;  conversion,voting rights are not allowed

Returns:   2x your money in 7 years or 14.28% per annum

Security:    Pledge vs special plots:   prime, premium, special premium that are anywhere from 15% for prime, 30% for premium, and 50% more expensive than regular plots (interior plots) which shall be earmarked/not sold and used exclusively as security for this issuance

Redemption:

    1.  In cash after five years

    2.  Or in kind, (the plots shall be transferred in favor of the buyer of the PN)

 Pretermination:

   Should the Lender preterminate, the rate shall be 50% of  simple interest rate of 14.28% per annum for the term (or 7.14) provided a 90 days advance notice is made

  However should the Issuer or the Company pre terminate, the rate shall be at 20% per annum

Nature:   Private placement, and not covered by  Securities Act, nor Quasi Banking laws of the Philippines, 

The Lender understands the risks involved.  However the Company has been in the business for the last 34 years,. has not borrowed, all its previous borrowings is not into lawsuits, and enjoying healthy cash flows from its operations

Closing date:  Not more than 90 days after announcement.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Com for the sellers:

2% for the initial offering

10% upon redemption

x-x-x-x-x-x-x-x-x-x-x-x

--

Setting the standards in interment service.

Innovation creates more wealth and more customers

RRURAC

BIDDA

Notice:   This email address is a private property of Holy Gardens Group and its contents are private and confidential  may not be copied or forwarded to parties other than the intended parties. nor can the contents be used other than the original intent  You are advised to delete the message your received if in case it may have been wrongly sent to your good office