ED Magedson – Founder
Rapid Income CreatorInternet United States of America
The company promises generate internet traffic that will result in 5 and 6-fugure incomes through a "Rapid Income Generator" which is eloquently described and convincingly portrayed in there video presentation. They fail to mention that for there "Rapid Income Generator" to work you must also invest a minimum of $100 in advertising and they suggest allocating a minimum of $20/day for advertising expenses to be spent with DirectCPV a fairly new Internet traffic generation company that currently has very poor reviews from Internet user's. DirectCPV itself appears to be just another Internet idea that is unproven and so far does not appear to be working very well but one that is claiming to provide high Internet traffic results and is charging for the promise of that high quality service accordingly. I was unable to find out if John Carter might actually own DirectCPV.
In defense of the company they so offer a 60-day money back guarantee which I would assume they will stand good on. The problem is that if you stay with them for 60-days, you will likely have spend many times your refundable $49.95 in non refundable advertising expenses. Companies and individuals that operate in this kind of unscrupulous manner should be boycotted until they find some legitimate way of making money.
On the surface, this is one of those ripoffs where an individual claims they are making so much money they simply want to share the opportunity with you yet the reality is that their intention is to get to you front the advertising cost of promoting products which other people are selling so that those people do not have to pay the cost of promoting their own products over the internet. The bottom line to you will be a slim if any profit margin and a high degree of failure since you will be the one paying the high advertising costs and they will be the ones making most of the profit with little expense. They are even charging you for the information on how to make money with them. So, just stay away from this company and everyone associated with it.
This report was posted on Ripoff Report on 07/15/2010 07:50 AM and is a permanent record located here: http://www.ripoffreport.com/reports/rapid-income-creator/internet/rapid-income-creator-john-carter-rapid-success-systems-llc-this-organization-and-individu-623390. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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