1. I have been duly elected by the subscribers of REGINE
MERCHANDISING, INC. to act as the Treasure thereof until my successor has been duly elected and qualified in accordance with the by-laws of the Corporation; 2. As the treasurer, I am authorized to receive for and of behald of the corporation all subscription payments of the subscribers. 3. 3. Out of the authorized capital stock of One Million Pesos (P1,000,000.00), the subscribers have subscribed to Five Hundred Thousand Pesos (P500,000.00) worth of shares which constitute at least 25% of the authorized capital stock of the Corporation. 4. The subscribers have paid, and I have received said payments on behalf of the corporation, for said subscription the amount of Five Hundred Thousand Pesos (P500,000.00) in cash. The total subscription payments constitute at least twenty-five percent (25%) of such subcscription.
______________________ Treasurer
SUBSCRIBED AND SWORN to before me, this 10th day of January
2020, in the City of Davao, by ____________ with Passport No. 105400 issued on November 23, 2019 at DFA- Davao. Doc. No20 Page No. ______; Book No. ______; Series of ______;