Profitable Sunrise Review: You Have Got To Be Kidding Me Right?

Profitable Sunrise Review1 Profitable Sunrise Review: You Have Got To Be Kidding Me Right?Profitable Sunrise Review is the name of this article but truthfully speaking it should be called “What Could You Possibly Be Thinking Joining Profitable Sunrise”… hahaha.

If you have been reading any of my writing you know that I shoot straight from the hip and don’t pull any punches when it comes to bringing the truth to the table and this Profitable Sunrise Review article will be no different.

Why Write A Profitable Sunrise Review?

Since you are here about to read this Profitable Sunrise Review you are probably taking a look at it as a possible investment vehicle to create additional revenue within your portfolio or maybe you are just curious about the Profitable Sunrise Opportunity after having heard about it on Facebook.

Whatever the case might be I think it is important for you to know my motives for writing this Profitable Sunrise Review.

I do a lot of marketing on Facebook within the different syndication groups so I have the opportunity to keep my finger on the pulse of what’s happening within the home based business industry and I started to see a lot of advertisements proclaiming the exceptional rate of return folks were getting on their Profitable Sunrise Investment Accounts.

The standard rate of return for the “investment packages” that Profitable Sunrise offers starts at 1.6% per business day all the way up to 2.15% with compounding available. The minimum term of the investment is 180 days.

profitable sunrise review Profitable Sunrise Review: You Have Got To Be Kidding Me Right?

Does The Math Workout??

So one of the first things that I did when beginning my research to write this Profitable Sunrise Review is to just run some numbers and see if the math made sense.

Let’s take a hypothetical scenario in which a small business needs to obtain short term bridge financing for a project in the amount of $10,000. The company only needs the money for 30 days but because the Profitable Sunrise pays out between 1.6% – 2.15% per day we can expect that the company would be required to pay a minimum of 3% daily to cover the admin fee & spread.

So we have:

Principal amount = $10,000
Interest rate = 3% Daily
Term = 30 days
Minimum interest in dollars charged per day = $300
Total Amount Due to repay Loan + Interest = $19,000

So do you know any small business owner that would take this loan? Doesn’t it just sound pretty ridiculous? Let’s be serious here folks… there is NO ONE that I have ever known that would agree to this type of a scenario.

Profitable Sunrise Review : Who Is Behind It All?

Ok, so now that we have established that no right thinking business owner would ever take the terms of any loan that was supposedly being offered by Profitable Sunrise let’s turn our attention to who is actually supposed to be behind the Profitable Sunrise Opportunity.

According to their website a gentleman by the name of Roman Novak is the owner and his brother Radoslav Novak is the attorney who also handles the marketing. The following screen shot from their website is the only information that I could find on the owners and principals of this company throughout the internet:

profitable sunrise scam Profitable Sunrise Review: You Have Got To Be Kidding Me Right?

Let me ask you something… if you are going to invest hundreds and in some cases even thousands of dollars of your money wouldn’t you at least like to see a picture of the guys who are behind the business?

That’s the first red flag that came to mind. I mean, where are the photos of these people? Why aren’t there any photos of them at the office, with their friends, with business associates?

Now that we are on the subject of photos why aren’t there ANY photos of the company headquarters? Where’s the photo of the building, of the people inside of it having fun and taking care of business, where are ANY PHOTOS AT ALL???

According to the FRAUD EXPERTS (New York State Criminal Attorney in this case) over at JustAnswer.com when asked to verify the street address given to Profitable Sunrise they replied that there was no such company listed in the Companies House Registry (this is where every LEGAL company has to register in the UK) and no tax information on them or their “supposed” parent company Inter Reef LTD.

In fact when running an IP trace for the company’s site it actually originates out of the State of Virginia.

The Bottom Line In This Profitable Sunrise Review

Now I already know folks are going to come on here and plead their case that a Profitable Sunrise Scam couldn’t be taking place because they are being credited with the daily interest in their Profitable Sunrise accounts and that they have personally already received pay outs from Profitable Sunrise.

That this Profitable Sunrise Review is nothing more than a cheap way to drive traffic to what I consider to be the Perfect Online Home Based Business and they would be wrong.

I am writing this Profitable Sunrise Review for the simple fact that I don’t want anyone else to be scammed out of their hard earned money like so many before them.

If you take a look at the facts and only the facts it is very plain to see no matter how much you may want to argue the point that there is in fact a Profitable Sunrise Scam taking place and if you are involved in it more than likely you will be a victim when it folds.

So What’s The Alternative?

Having basically splashed you with a glass of cold water when it comes to your profitable sunrise scam review Profitable Sunrise Review: You Have Got To Be Kidding Me Right?dreams of making money online with Profitable Sunrise let me give you a quick look at an alternative.

On a personal basis I have been marketing online now for 3 years. In that time there have been many companies that have come and gone and 10 x’s the number of so called leaders who have hit the industry and made a quick buck only to never be seen or heard from again.

In that same period of time I have known only one leader whose messaging has never changed. He is someone that I am proud to call my personal mentor and one of my best friends.

He and his business partner have created a company that in the past 13 months has paid out over $17,000,000 in commissions back to its representatives and has created what can only be described as a revolution in the home based business industry.

This company is my #1 pick for Online Home Based Business and as such deserves your consideration if you are looking to make money online.

To hear from my mentor and his business partner discuss their vision and find out how you can get involved with me on a personal basis click here right now.

*****************

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64 comments
MatthewWilliams
MatthewWilliams

Does anyone have an update about Profitable Sunrise? I haven't been able to find any new information about P.S.

JeremyBigChipsNeal
JeremyBigChipsNeal

HERE YOU GO ALL YOU BASHERS!!!  http://youtu.be/-9aI8gvDuao

@John Chatman  gave an honest review...with legitimacy. Don't keep hating because you were suckered...hell if you are smart you'll join us in REAL business that will actually earn you money. He is trying to help you, and this review should have been read so that you didn't lose everything! 

Judy O
Judy O

Please tell me Mr. Chatman, you have no problem with folks going to the Casino, horse races, going out for dinner ( oh, no, they are ordering a glass of wine, picking up too many doughnuts at the grocery stores, playing the commodities game, entering the stock market, the unscrupulous brokers that will take every dime you have........NO, you go after a Program that has never a missed a payment.....It is our choice......You and J. Paris, are hurting far more folks that have the right to make their own decision in joining PS; just to promote your Program..... Maybe it is time that we start a crusade against you and put you out of business..............

RickG596
RickG596

I agree with what you say but I still don't like it when someone like Mr. Chatman speaks out against something like Profitable Sunrise for the purpose of "attempting" to push people in another direction into something, you claim, he has not even invested in himself. And I totally agree with you about the BBB and scam alerts. Complete waste of time usually.

Wondering1
Wondering1

Mr. Chatman is commenting on a program he has not tried himself.  There is an advertisement of a broker taking $100 and trading in the stock market making $1000 in less than a day, Mr. Chatman hasn't posted anything about that.  Stocks and any other investment is simple speculation.

RickG596
RickG596

I addressed the major points that Mr. Chatman had pointed out. I'm also convinced that Mr. Chatman is not shooting straight with us and more than likely, has his own agenda. Is that right? No, it's deception. As far as what you are saying, while I don't totally disagree with you, I will say that I know of no one that has not been paid when they asked to be paid. The problem lies in the fact as whether or not this is a security or not because people have been soliciting like it was a security. I'm not sure about the other items you mentioned except that the site is down so I can't confirm whether this info is there or not. I did email Roman 1 time and did get a response back from him. That's about all I can say. I still would not entirely believe in Chatman either.

KasujjaAbduEmmy
KasujjaAbduEmmy

@ RickG596. You not getting the major points here, it's fine even if he s paying 200% but what's disturbing is the fact he's got no Physical address. 2) no land line phone to contact his representative , 3) not registered any where as a legal business!! Now the site is down and nothing one can hold onto!

RickG596
RickG596

I have read this review and quite frankly, I'm not sure how much research Mr. Chatman has done regarding short term commercial loans. I'm guessing not very much as I am a commercial hard money lender. I have been making loans to business for the past 6 years and to put it very bluntly, you Mr. Chatman have your head up your big old backside. I think you're ripping Profitable Sunrise just so you can get people to join you as part of your downline. As far as what Profitable Sunrise is doing, let's take your example above. You forgot 1 very important factor in this. You did not take into account the origination points involved in doing any type of loan. If I was to do a 30 day note on $10,000 at my rates, the borrower would wind up paying close to $15000. These are what's called "hard money rates". They are basically bridge loans to longer term permanent financing. Plus, given how tight most financial institutions are today in lending out money, to hear that companies are paying these types of rates does not surprise me. So Mr. Chatman, you should seriously rethink what you're talking about and stop trying to bad mouth someone else for your own personal gain.

KasujjaAbduEmmy
KasujjaAbduEmmy

Thank you so much you have just confirmed what I had already foreseen.

bbinvestment
bbinvestment

He's doing best tocomply.. My Dear Friends, It is been a really long time since I last spoke to you by means of a personal message. A lot of very important developments have take place in the course of the last several months. I felt that it is the time for you to hear my mind on them. Thanks to your valued support my business has grown really big and strong. This would not have been possible without you. The growth has brought about the necessity to streamline my business model, cut the administrative costs and comply with the tax authorities. They have already asked us about the interest we pay you. This has led to a very important decision to do away with third party payment processors. I am hereby announcing that we have started moving away from payment processors for withdrawals in favor of direct bank wires. By doing so we are literally killing 2 birds with one stone. First, you avoid the fees processors charge. Second, you comply with the IRS. We will simply specify in every payment what it is for and where is comes from so IRS will have no problem collecting taxes. It has always been my honest belief that we need to pay all the taxes. I am anxiously looking forward to the Easter week, I am sure you are too. We are working on new offers and plans that will be announced after Easter. Stay Blessed, Roman Novak, Founder Profitable Sunrise

ydeugenio
ydeugenio

Not that he needs it, but I'm stepping up in John's defense here. I almost went into this farse of a business opportunity and thanks John's article/review among other things I'm SUPER GLAD I didn't. This two articles came out just since last Friday: -North Carolina: http://www.secretary.state.nc.us/sec/actions.aspx -Alabama http://www.al.com/business/index.ssf/2013/03/alabama_securities_commission_3.html http://www.patrickpretty.com/2013/03/01/urgent-bulletin-moving-north-carolina-orders-profitable-sunrise-to-cease-and-desist-state-calls-it-an-immediate-and-significant-danger/ So just a word to the "wise people" bashing John on here, I would be real cautious to participate in any programs that tell you what you can earn on your “investment” unless it’s registered with the SEC. Just a rule I’m abiding by now. Now I'm seeing all this people from Profitable Sunrise jumping ship to the next scheme like Oil of Asia, Stavia, amongs many others that in my opinion, look just as shady, just because they are have good reviews on this site: http://www.hyipexplorer.com/rated/

bbinvestment
bbinvestment

hmmm.. you kow... i alway try to give a fair review about somthing. this is not a fair review. You should also had to think about senarios where its posible for a business to make a profit paying 3% a day. Of course its insane to make a loan at profitable sunrise for example to start a business, because of the interest rate. But there are senarios were itswise to make a loan at PS. Example: imagene a business with aclient wanting a product,but you dont have the money to buy it. If you go to the bank for a loan it would take to long. At PS they get loans faster somtimes in12hours. So you borrow $10000 to pay for the product and shipping. You sell it to your client for $30000 ( 300%). you didnt needthe loan for 30 days, but 5 business days. your interest costs are 5x$300= $1500 and your profit = $30000 - $10000 -$1500 =$28500. So its not only possible in this senario, but highly recommended. 1other thing you didnt count in your math,is thatthey only chargefor businessdays so in your 30 day senario you should have charge only 22 day( if there weren't any other free days). Its indeed worrysome about the little information about the owner, but what ever...... does every one of you know your bank owners, therestaurants were you eat? We trust alot without knowing anyone. What asurens do youhave the there areno psycos on the road when your driving? Some people like their privacy and to preventing having your family taken hostage...that can be a positive reason. Idont know..i am just trying to see both sides of the coin..not only negatives.... speculations are speculations, so we can also speculate positively right? What i know is that i tried with $30 and after 2 days interest itried a withdrawel of $0.87 and i got paid in 20 minutes... how many of you invest thousends of dollar in lottery tickets and never won anything? how many of you spent a furtune in casino's? The point isthat you did it because your trying to multiply what you have. My $30could also go to the owners of kentucky fried chicken :) . Now this i know for sure now that pays.....will it last? Idont know..but same i dont know if google is going to last for ever, but i'll enjoy it while it still pays. Getting 2.15% you will double your investment in 40 business days after that you can take your interest for 4 weeks without reinvesting if you want to get your full investment out and then after 44 business day it will be only your interest at work. Idont know any scam to make it posible to get your money so easy back again and without reffering anyone. I just wanted to give a fair point of view.....i dont assume PS is not a scam, but i'll keep using it! If was rich..... instead of shares.... i would trouw $20000 and taking it out again in the 3th month as i explained and after that getting the 50% interest out daily :). sory for my bad english

makingmoneyinPS
makingmoneyinPS

Typical. Someone bashes another opportunity to promote their own. If your opportunity is so great you don't have to make comments about another. Kinda hurts your credibility what ever that might be and just because you have a photo doesn't mean it's you.  

ims4busypeople
ims4busypeople

I don't know for sure if Profitable Sunrise is a scam or not. I'm about to bet $100 on P.S. I rather bet $100 on P.S. over a slot machine. For me $100 is not a lot to lose. But I can lose a lot for not betting on Profitable Sunrise.

onegreatplan
onegreatplan

Doe anyone on this site own a mortgage. The next time you make your payment, take a look at the amount of money that goes to your principal. Them take a look at what what goes to your interest. When a bank can rob you blind every month for this kind of money, then it is legal. When Roman Novak ( call him a bank) loans money and pays us as individuals the interest on the money, now its a ponzi... You know what, I think Empower Network is a Ponzi... it has no real product, you sponsor people and keep their monthly membership, when they buy into the next level of the ponzi that EN calls "training", the enroller keep that money too. No product changing hands, just on line training... must be a ponzi....

CArthurs
CArthurs

Nice move John - Bash a business you have never been in that always pays out and then promote yours as an alternative. Where are the ethics in that. I too am in Empower and never would bash someone else's business and then suggest my Empower business as the logical alternative. It is an embarrassment to other Empower reps to see these kind of tactics used. If you want to do a review fine, but don't bash something just so you can promote empower.

Wizard7434
Wizard7434

John thanks for this article. I would have told you last year to get a life but the unthinkable happen to me. After many people screaming from the roof tops to get out of Zeek I stuck with the company and lost $10,000.00 as well as hundreds of thousands of other people. If anyone is reading this please stay far away from this company. If you stay on the ship you will surly sink with the ship. It's very heart breaking to be scamed when you really thought it was a way out of life. Trust me I was in denial up front but deep down I knew something wasn't right with Zeek. Just like PS something stinks big time. Thanks again and I will repost your article.

Myriad Force
Myriad Force

It is easy for the gutless to bash anything, those marginalizing Profitable Sunrise have ZERO Empirical Evidence to support that it is a Ponzi. It is simply a brilliant business model that is going to make alot of people jealous, especially the Banksters.

GregLondon
GregLondon

Thank you so much for this post. I knew Profitable Sunrise was a scam from the start, but there are so many idiots out there promoting it and giving it a good name because the ponzi scheme is still paying out. One day it isn't going to pay out anymore and that's when it will all fall apart. The guy trying to sign me up told me he's going to cash out of a life insurance policy to put $50,000.00 more of his hard earned money into it, completely crazy!!! I warned him to be careful, because you know the saying, "If it sounds too good to be true, it probably is!"

TimBuist
TimBuist

hey John...  you know I really have to "respect" a company that doesn't even cloak the fact that it's a FLAMING PONZI.  The reference to the "Lord" bringing you to them in the first paragraph of the website (plus gratuitous bible quotes)  is the first clue to run. wholly S folks... don't fall for this again... how many ponzi examples do we need? Zeek should have taught you all... then we have banners broker...another obvious ponzi although cleverly cloaked.. and now this thing which is basically saying... "hey ponzi's are fun ponzi's are great! come join us as we ride the beam of light to Jupiter and live happily ever after!" 

 

I can vouch that Mr. John Chatman will show you how to build a REAL business that delivers value... so you get paid... and then you can go make REAL investments. 

teamlyde1
teamlyde1

Good spot, @John Chatman I'm staying focused in what we have; I'll look at others once I'm on stage =)

DavidRiewe
DavidRiewe

Great review John and thanks for the heads up!  Sharing

John Chatman
John Chatman moderator

@Judy O Hey Judy... while I appreciate the passion in which you present your argument that doesn't negate the fact that it doesn't hold water.

If Profitable Sunrise were marketed as just a gamble it would be one thing but it isn't. It is marketed as a GUARANTEED INVESTMENT. That is a world of difference.

No right thinking adult should fool themselves into believing something is legitimate where the principles involved aren't even showing their true identity.

And just as an FYI... today is 03/22/2013 and their site is down... now it could be nothing.. but then again it could be a prelude to the end.

Whichever way it rolls I wish you nothing but the best.

j1992s
j1992s

@Judy O Casinos and horse racing are examples of gambling; there is no representation made by casino operators and horse racing establishments that the money one puts down is anything other than a gambling bet. Profitable Sunrise markets itself as a risk-free investment where both rates and principal are guaranteed.

Even if Profitable Sunrise is prevented from accepting any new "investors," that should not prevent them from returning both principal and promised interest to those who have already "invested," if what they say about how the money is used is true. However, if they cannot pay back investors unless they are permitted to keep accepting NEW investors, then you have your proof as to how they were paying back people to begin with - by using the latest investors' money to do it. 

 

 

John Chatman
John Chatman moderator

@KasujjaAbduEmmy 
Very well said. When this guy finally decides to take down his site because quite frankly the authorities are closing in  he will do so without anyone being able to do anything about it. This is a very simple concept to grasp and no amount of big check waiving can escape the fact that Profitable Sunrise isn't a real business. It is a ponzi scheme... nothing more, nothing less.

Latest blog post: Haters Gonna Hate

John Chatman
John Chatman moderator

@RickG596 
The thing that is really interesting here is that for the most part all of the supporters of this supposedly "legitimate" business do tend to conceal their identities quite well.

If you have to hide who you are and what you are doing then what does that say about the ethics of the situation?

Latest blog post: Haters Gonna Hate

John Chatman
John Chatman moderator

I actually agree with this reasoning. If you go into the deal KNOWING that it is like playing a lottery than by all means so be it. When someone sells you on something stating that it is a "safe & secured" investment.. well, that's not only wrong.. it's illegal.

Latest blog post:

Smart Marketer
Smart Marketer

When you get paid pimp...then come back with all this nonsense. This will fold and you'll be sorry if you don't get your money out of it! Just be warned. You can cover the garbage with dirt, but underneath is the garbage and it always rises back up to the top. So soon you'll see when they can't afford to pay out...or should I say STOP paying back.

John Chatman
John Chatman moderator

What's an embarrassment is the fact that folks would continue to promote Profitable Sunrise as a guaranteed investment for a quick buck. You obviously didn't catch the part where the New York State Criminal Attorneys stated that Profitable Sunrise was nothing more than a ponzi scheme right? Before you come on my blog with any "holier than thou crap" check your ethics. Really.

John Chatman
John Chatman moderator

The gutless? Because someone doesn't want to invest their money in what is most definitely a ponzi scheme they are referred to as gutless? Everyone has a different risk level and quite frankly if someone can manage knowing that they investment can be gone in an instant than Profitable Sunrise can make them some serious money. It's no worse than going to a casino and gambling away your money and as long as the ponzi doesn't collapse there is an opportunity to cash out.

onegreatplan
onegreatplan

Greg, thanks. I am one of those idiots. FOr 6months now I have been earning enough to actually pay my mortgage with this 'scam'. I just love how people 'scam' things with out looking into them. Let me know what program you are in so I can look at it and establish if it is legal or a scam. Now I do believe a person should NOT but all his eggs in one basket as your friend with $50K, but Profitable Sunrise works.. I am proof...

teamlyde
teamlyde

 @TimBuist  I agree- @John Chatman  is the man! I've learned more in the short amount of time, than both of my MBAs combined- thanks again, fearless one!

John Chatman
John Chatman moderator

 @TimBuist ROFLMAO.... anytime anything starts out with a bible quote or sermon my guard is INSTANTLY put up. These types of vehicles are nothing more than a gamble at best. They are specifically designed to create large upfront cash streams for the originators and early adopters. Usually by the time they get to our level they have been in existence long enough to have developed a reputation for paying out but with only a very short shelf life left. Anyone engaging now is throwing money at the wind and hoping, wishing, and praying that it will come back to them.

John Chatman
John Chatman moderator

 @DavidRiewe Hey David, thanks for sharing it brother I really appreciate the love. The bottom line is that folks are getting sold a fake bill of goods and there are lots of good people who don't know how to do proper due diligence that will taken advantage of and lose money that they can't afford so it is up to us to advise them of the situation and let them make their own educated decisions as to how they want to proceed.

Wondering1
Wondering1

Simple question because I haven't invested in the program, but have you and lost any money by doing so? I understand it is $10 minimum. Are you willing to invest that and see if the program works or not and then inform us of it's validaty or failure.

jameslparis
jameslparis

John you are 100% right on this. I have also written an article and have nothing but attacks from Profitable Sunrise supporters, just for asking some very basic questions.

Wizard7434
Wizard7434

@John Chatman John you are so right. Last year I would have told you to get out of here with all that negative talk. Then it happen and I lost $10,000.00 in Zeek after so many people told me it was a scam. I'm so glad you posted this article and I will share as well. I pray people will take heed and run fast from this company.

onegreatplan
onegreatplan

So gambling is a ponzi also? What we are trying to tell you is you can not call something a ponzi scheme unless you can prove it... the housing market fell in 2008 due to a "ponzi" scheme.... mortgages are ponzi's ... I can prove that but what the hell, they fell apart in 2008 and almost collapsed our financial system... must be a ponzi... Why dont you tell people that in your eyes it may be a ponzi cause it is too good to be true to you... or better yet, why dont you invest ten bucks and join a group... when you are on the inside and talking to Roman Novak, tell him it is a ponzi scheme because you say so... i would suggest you pull the ponzi part of your write up... till you have proof...

anonymous2013
anonymous2013

@jameslparis What you have proven James is that you are a fraud.  You decided seem so proud of what you have achieved, not taking into consideration the number of people who have been depending on Profitable Sunrise because they can't find jobs and have their bills to pay and their families to feed.  I know for certain you do not have a solution for these families, now do you.  What you did was indeed selfish and inconsiderate.  I hope you feel good about yourself.  You call yourself a christian, yet you have caused so many people to lose the money they invested in PS.  What are the chances that someone will be able to recover the money for them?  At least they had a chance to do that in PS and in fact make more.  A lot of people decided to make their money work for them because they had no other choice, they could either live off their last few pennies or invest it and they choose the latter.  You are no christian, you are an evil, selfish, greedy man.  Hope your book sells.  

onegreatplan
onegreatplan

You are right ... just ask Jimmy Swagart....

jameslparis
jameslparis

Yes, and there will be souls lost if this turns out to be a scam. Some will decide that Christianity is also a fraud if they lost money in this due to a pastor recommending it.

John Chatman
John Chatman moderator

I actually read your article and thought it to be very well written and thoroughly researched. I have also seen what the profitable sunrise folks can do in regards to defending their "opportunity". My contention with this is the way that it is presented. I personally don't care if well informed adults want to risk their money in a ponzi scheme where they may or may not be able to take their money out in time before it collapses but just don't promote this as an INVESTMENT when it is anything but. In addition to that to see those ministers promoting this to their congregations and other ministers makes me sick to my stomach. The abuse of the trust placed in them is horrible.