Here is the email Ken Russo sent out today:
April 1, 2014
Passport 4 Success is exactly the kind of program I look
for these days!
....Everyone earns equally via the daily revenue share
....No personal sponsorship requirements
This project is open only to residents of the USA at this time.
It will be open to folks outside of the USA very soon.
When you have about 40 minutes of interrupted time available
I highly recommend that you watch this video.....
Please give this presentation your full attention and then
come back to this message.
Once you understand it you will know why I joined
immediately. For example, did you understand the
part about what happens when someone wins an item?
See the Rolex example beginning at 17:55.
I give 500 bids to John
John places the winning bid and purchases a $10,000
Rolex for $506.
As John's sponsor I am rewarded a bonus equal to the
retail value of the item he won.
I get a check for $10,000!
John gets a 25% ($2500) rebate* from me and 2 other members
of my team will each receive $500 via a randomization process.
*More about this rebate offer for my group in future updates
Once you understand this you will know why this particular
auction site is going to be extremely popular. This will take
the penny auction concept to a whole new and very exciting
Where does the money come from?
See the example (Sony Vaio Touchscreen multi flip) beginning at
11:44. The item sells for $1198 on Amazon. 21,500 bids were placed
resulting in earnings of $11,000+. This is the revenue that is shared
with the members.
Everyone earns whether or not they refer a single person.
Make sure you understand how the revenue share part of the comp
plan works beginning at 12:44. Based on the example given ($17*
per day) this totals $1530 during the 140 day period. This is an
excellent return (about 40%) per unit which currently cost $1095.
*$17 is conservative. As you will hear towards the end of the video
presentation, the daily revenue share could be as high as $22 per day
which would bring the per unit earnings up to $1980 which increases
the return to about 81%.
Absolutely legal and compliant real business based in the USA -
Santa Fe Springs CA 90670.
Top level compliance attorneys - Grimes & Reese
Affiliation with Wells Fargo and Amazon
Patent pending and very innovative auction model based on progress -
not time. Very important
1 Unit - $1095
3 Units - $3285 ($945 per unit after commissions on your own
additional unit purchases).
7 Units - $7665 (874 per unit after commissions on your own
additional unit purchases).
1. Watch the video and watch it again to make sure your understand
this unique and powerful business model.
2. If you wish to be placed on my team update list you can simply
reply to this message using this email link.....
3. If you wish to join and purchase one or more units you can click
on this link......
I will respond with further instructions.
Funding options currently available are Credit Card and ACH bank transfer.
Website for information and news is Passport for success - Home
Here you can see their progress till launch Passport for success - Latest News
I tried doing a little research on Ronald Wayne (the supposed CEO), and I could find very little about him! With such an extensive resume, I thought I would find something. If he was really part of RealtyTrak, from what I see that company is very questionable.