Articles of Incorporation
Of
POWERMASHED PRODUCTIONS INC.
(Name of the Corporation)
KNOW ALL MEN BY THESE PRESENTS:
The undersigned incorporators, all of legal age and majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a stock
corporation under the laws of the Republic of the Philippines and certify the
following:
FIRST: That the name of said corporation shall be “POWERMASHED
PRODUCTIONS, INC. or CORPORATION of OPC”;
SECOND: That the primary purpose or purposes for which such
corporation is incorporated are: Primarily, the production, pre-production and
post-production of audio-visual outputs for all multi-media platforms, analog or
digital, for artistic, personal or commercial use. Secondarily, to buy and sell
audio-visual equipment as well as leasing of such equipment to individuals or to
other production houses.
THIRD: That the principal office of the corporation is located in 2nd LEVEL,
TSVJ BLDG., CRISPINA AVE., LAS PINAS VILLAGE., PAMPLONA TRES,
LAS PINAS CITY, NCR;
FOURTH: That the corporation shall have a perpetual existence from the
date of issuance of the certificate of incorporation;
FIFTH: That the names, nationalities and residences of the incorporators
are as follows:
NAME NATIONALITY RESIDENCE
No. 6 Crispina Ave., Las Pinas
Pascual, Paolo Enrino T. Filipino
Village, Las Pinas City
1212 Meding, San Andres Bukid,
Mata, Marco B. Filipino
Manila City
16 Sunflower St., Sunvalley Subd.,
Reyes, Joanna Marie B. Filipino
Paranaque City
Pereras, Angela Luz A. Filipino 5F5L Edang Street, Pasay City
69 Lot 12 Sct. Borromeo, Quezon
Estrella, Jonalyn B. Filipino
City
SIXTH: That the number of directors of the corporation shall be THREE
(3); and the names, nationalities and residences of the first directors of the
corporation are as follows:
NAME NATIONALITY RESIDENCE
No. 6 Crispina Ave., Las Pinas
Pascual, Paolo Enrino T. Filipino
Village, Las Pinas City
1212 Meding, San Andres Bukid,
Mata, Marco B. Filipino
Manila City
16 Sunflower St., Sunvalley Subd.,
Reyes, Joanna Marie B. Filipino
Paranaque City
SEVENTH: That the authorized capital stock of the corporation is FOUR
MILLION (P 4,000,000) pesos in lawful money of the Philippines, divided into
FORTY THOUSAND (40,000) shares with the par value of ONE HUNDRED (P
100) pesos per share;
EIGHT: That the number of shares of the authorized capital stock above
stated has been subscribed as follows:
NO. OF
NAME OF AMOUNT AMOUNT
NATIONALITY SHARES
SUBSCRIBERS SUBSCRIBED PAID
SUBSCRIBED
Pascual, Paolo
Filipino 10,000 P 1,000,000 P 1,000,000
Enrino T.
Mata, Marco B. Filipino 10,000 P 1,000,000 P 1,000,000
Reyes, Joanna
Filipino 10,000 P 1,000,000 P 500,000
Marie B.
Pereras, Angela
Filipino 5,000 P 500,000 P 250,000
Luz A.
Estrella, Jonalyn
Filipino 5,000 P 500,000 P 250,000
B.
NINTH: That ANGELA LUZ A. PERERAS has been elected by the
subscribers as Treasurer of the Corporation to act as such until his successor is
duly elected and qualified in accordance with the by-laws, and that as such
Treasurer, he has been authorized to receive for and in the name and for the
benefit of the corporation, all subscriptions or donations paid or given by the
subscribers.
TENTH: That the incorporators and directors undertake to change the
name of the corporation as herein provided, or as amended thereafter,
immediately upon receipt of notice or directive from the Securities and Exchange
Commission that another corporation, partnership or person has acquired a prior
right to the use of that name or that the name has been declared as misleading,
deceptive, confusingly similar to a registered name or contrary to public morals,
good custom or public policy.
ELEVENTH: That no transfer of stock or interest which will reduce the
ownership of Filipino Citizens to less than the required percentage of the capital
stock as provided by existing laws shall be allowed or permitted to be recorded in
the proper books of the corporation and this restriction shall be indicated in all the
stock certificates issued by the corporation.
IN WITNESS WHEREOF, we have hereunto signed these Articles of
Incorporation, this 23rd day of April 2021, in the City/Municipality of Las Pinas,
National Capital Region, Republic of the Philippines.
TIN- TIN- TIN-
TIN- TIN- TIN-
TIN- TIN- TIN-
TIN- TIN- TIN-
TIN- TIN- TIN-
(Names and signatures of the incorporators and TIN)
__________________________
(Name and signature of Treasurer)
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES }
} S.S.
BEFORE ME, a Notary Public, for and in
_____________________, Philippines, this ___________day of
______________________, 20 _________, personally appeared the following
persons:
TIN/ID/Passport Date &
Name No. Place Issued
known to me and to me known to be the same persons who executed the
foregoing Articles of Incorporation constituting of four (4) pages, including this
page where the acknowledgement is written, and they acknowledged to me that
the same is their free act and voluntary deed.
WITNESS MY HAND AND SEAL on the day first above-written.
NOTARY PUBLIC
Doc. No. ________
Page No. ________
Book No. _________
Series of _________
TREASURER’S AFFIDAVIT
REPUBLIC OF THE PHILIPPINES )
CITY/MUNCIPALITY OF ) S.S
PROVINCE OF )
I, ______________________________________, being duly sworn to,
depose and say:
That I have been elected by the subscribers of the corporation as
Treasurer thereof, to act as such until my successor has been duly elected and
qualified in accordance with the by-laws of the corporation, and that as such
Treasurer, I hereby certify under oath that at least 25% of the authorized capital
stock of the corporation has been subscribed and at least 25% of the total
subscriptions has been paid, and received by me, in cash or property, in the
amount of______________________________ in accordance with the
Corporation Code
___________________________________
(Signature of Treasurer)
SUBSCRIBED AND SWORN to before me, a Notary Public, for and in the
City/Municipality of_____________________________, Province
of___________________________ this ______ day of
____________________,19_______; by _________________with Res. Cert.
No._____________________ issued at _________________________on
_________________, 19_________.
NOTARY PUBLIC
My commission expires on
_______________________,
19___________
Doc. No._______
Page No._______
Book No.________
Series of ________
