Hello,I hope all of you are fine today. As I suggested earlier about Prosun Cease and desist orders from North Carolina State, please be wise and not to panic over the issue and Profitable Sunrise still paying their members as usual. On this occasion I will tell you all about the news release from the North Carolina State and the response of Profitable Sunrise on the issue. I would not interpret anything about this, thanks.
North Carolina Department of the Secretary of State NEWS March 1, 2013
Elaine F. MarshallA Responses from Roman Novak, Radoslav Novak and Inter Reef LTD
Secretary of State
For Immediate Release
Contact: Liz Proctor (919) 807-2154
George Jeter (919) 807-2155
Secretary of State Issues Cease and Desist Order to "Profitable Sunrise”
North Carolina Secretary of State Securities officials have issued a Temporary Order to Cease and Desist to Roman Novak, Radoslav Novak and Inter Reef LTD d/b/a Profitable Sunrise to bar them from offering and selling or attempting to sell securities in the form of investment contracts to North Carolina’s investing public.
Secretary of State investigators say the respondents promoted five different “investment plans” through a website that offered rates of return ranging from 1.6-percent per business day to 2.7-percent per business day. Investors were told their money would be used to fund short-term loans to businesses. Investors were also told their investments were “risk-free,” “with a certain rate of return and no chance of default,” and that “all funds deposited with us are
insured against loss.” Secretary of State investigators have also discovered that victims were making wire transfers of money to financial institutions in Eastern European countries.
However, the respondents were never registered withthe North Carolina Secretary of State’s Securities Division to sell securities and the investment it self was not registered as a security in accordance with the North Carolina Securities Act.
“We have issued this Cease and Desist Order becausewe believe this solicitation poses a real danger to the investing public,” Secretary of StateElaine F. Marshall said Friday. “Proper registration of securities and the individuals selling securities is fundamental to protecting the public from con artists and investment fraud. That is why it is so important to call our Securities Division before investing your hard-earned money to make sure that the investment you are considering is registered. This case also demonstrates the perils of web-based investment marketing.”
Marshall urged anyone in North Carolina who has invested with Profitable Sunrise to contact the Secretary of State’s Securities Division at 1-800-688-4507.
" I assure you that we are in control of the situation. We will issue an official update soon". Roman Novak
For more detail about this please download the official video of Profitable Sunrise here . The video answers concerns of the North Carolina Cease and Desist Order as well as claims that Profitable Sunrise is a Ponzi Scheme.
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