THE 7-eleven chain of convenience stores operator had issued a warning against businesses that are using their brand in order to solicit investments from the public.

In a statement, the Philippine Seven Corp noted that it is the official licensee of 7-Eleven in the Philippines and it is not in any way affiliated with "7-Eleven Electronic Commerce Limited" or "7-Eleven Electronic Commerce Limited-Passi Branch."

Likewise, they made the announcement when the Securities and Exchange Commission issued a warning when dealing with business entities.

Earlier, the SEC argued that the firms are said to be conducting an unauthorized solicitation of investments.

The other entities that the SEC warned against are: AJC 888 INC; DT TRADING DATA/DATA TECHNOLOGY TRADING; BETTER EXPERIENCE; NEW GEN-Z HOLDINGS MARKETING GROUP; KAMAYO SEAFOODS BUFFET/KAMAYO SEAFOODS FRANCHISING AND CO-OWNERSHIP PROGRAM/KAMAYO FOOD PARK CO-OWNERSHIP PROGRAM; HEDGE BIT TRADING INC., and ZTOCK operated and offered by WETRADE TECHNOLOGIES PTE LTD.