I recently stumbled across an Angel Publishing presentation that claims a “Billionaire Income Secret” is “forcing” Amazon to pay out every time a parcel leaves the warehouse floor.
And according to Jason Williams, the investment guru in the presentation, everyday Americans can start collecting “Prime Profit” payouts as a result.
What “payout” is Jason Williams referring to? And is it legit? That’s what I wanted to know when I started looking into Prime Profits, and in this review, I’ll show you everything I learned.
But before we get started, here’s a quick overview of what I found:
- Despite what the presentation suggests, Prime Profits is NOT a “secret income stream” where everyday Americans can “claim” payouts from Amazon. Nor is it possible to “enroll” somewhere to receive “Prime Profit” payout checks. This is marketing hype.
- The “payouts” Jason Williams refers to appear to be quarterly dividends that you can earn by investing in a Real Estate Investment Trust (REIT) he recommends.
- The only way to access Jason Williams’ “Prime Profits” recommendation is to join Angel Publishing’s The Wealth Advisory for $49. However, I believe the company he’s teasing is Prologis, a REIT that provides warehouse space for Amazon.
- Prime Profits isn’t a “scam” because Jason Williams appears to be recommending a legitimate investment, and the service is genuine. However, it would require a significant upfront investment to “collect” the types of “payouts” the presentation alludes to.
Read on to learn more about Prime Profits, Jason Williams, and The Wealth Advisory. I’ll also share my opinion on whether or not I believe any of this is worthwhile.
What Is Prime Profits?
According to Jason Williams, “Prime Profit” payouts are “legally obligated payments” taken from a “pot of more than $1.7 billion,” which Amazon contributes to.
“Over the next 60 seconds, Amazon will ship 2,083 packages.”
“That’s more than 1 billion packages every single year.”
“And practically every time a package leaves a warehouse of this $1.7 trillion tech giant…”
“A small group of Americans will celebrate, as a dedicated cut of that revenue goes into a pot of more than $1.7 billion in legally obligated payments.”
“I call these ‘Prime Profit’ payouts. And until recently, only a small group of the world’s elites knew about them.”
Jason Williams lists numerous billionaires and investment firms supposedly collecting “Prime Profit” payouts via check. And he claims that for the first time, everyday Americans can start collecting these payouts within a few weeks.
“They’re all collecting checks made possible by this legally mandated payout.”
“And now, for the first time ever, I’ll reveal how everyday Americans can start collecting their own ‘Prime Profit’ payouts in just a few short weeks.”
How do you collect these so-called payouts? And how much can you make?
All you need to do, according to Jason Williams, is follow a few simple steps and meet a few basic qualifications to start collecting the payouts, which only takes a couple of minutes. And based on the income examples shared in the presentation, some people are already collecting between $37,556 to $257,688 per year from this “secret income stream.”
“All you need to do is follow the simple steps that we’ll outline and meet a few basic qualifications. These are the same steps followed by a handful of people who are already collecting tens — and even hundreds — of thousands of dollars.”
“Take Edward N. He’s worked in construction since the ’90s. Today, he lives in Denver and recently collected $257,688 from this secret income stream.”
“Or look at Eugene R. He works for a warehousing company, lives in Boston, and collected $106,242 throughout 2017. That’s an extra $8,853 every single month!”
“And there’s Lydia K. She used to work at Los Angeles World Airports (LAWA) and now lives in Glendale, California. She received $37,556 last year from the same income stream that you’ll be getting an inside look at today.”
Jason Williams also claims that it’s 100% passive income and that you can collect “Prime Profits” up to four times every year (every 90 days).
So, long story short, it all sounds exciting.
But is it really that simple to start collecting payouts?
Not quite. The way the presentation explains it, you’d think all you need to do is “enroll” and start collecting checks thanks to Amazon, but that’s not the case. Amazon is not sending anyone “Prime Profits” checks because of some legal obligation.
Instead, my research suggests that Jason Williams is (actually) referring to earning dividend income, and in the next section, I’ll walk you through exactly how I came to that conclusion.
How Do “Prime Profit” Payouts (Actually) Work?
Jason Williams doesn’t explain the nuts and bolts of how “Prime Profit” payouts work in the presentation. Instead, he shares a few “hints,” and the rest is essentially marketing lingo centered around collecting checks from a secret, “legally obligated” income stream.
So, to figure out what it’s (really) about, I looked into some of Jason Williams’ claims, starting with his statement about how Amazon is obligated to hand out checks.
“Other Americans are trying to squeeze out 5% returns by investing in Amazon stock. But you’ll be cashing checks that this company is legally obligated to hand over.”
What legal obligation is Jason Williams referring to? According to Williams, it all has to do with a law published in 1952. And he mentioned one law, in particular, Section 2-301 of the Uniform Commercial Code, which he says “forces” certain companies to send money back to you.
“U.S. law Uniform Commercial Code (U.C.C.) Section 2-301 forces certain companies to send money back to you.”
“That’s how you’ll start to collect ‘Prime Profits’ four times every year.”
I did some research to find out what this law means and, according to Cornell Law School, the Uniform Commercial Code, Section 2-301, reads as follows:
“The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.”
I’m no lawyer, but to me, that means sellers should deliver what’s promised, and buyers should pay what they owe. In other words, they should conduct honest commerce (lol).
It has nothing to do with collecting “Prime Profits” payouts from Amazon. So it seems odd that Jason Williams has included that in the presentation.
Still, there’s one more clue he shares:
“Literally the ONLY catch is that to start collecting ‘Prime Profits,’ you’ll have to stake your claim in a separate entity that’s created to put money into the hands of investors like you.”
This reveals that, in order to receive these “payouts,” you have to invest in something. So you don’t just “enroll” in the “Prime Profits” program and start receiving checks from Amazon. It also reveals that it’s about investing in a company other than Amazon.
What company could it be?
All we really know at this point is that “Prime Profits” payouts involve investing in a company that pays shareholders every 90 days and that the company is somehow connected to Amazon. These are essentially the only “meaty” clues Jason Williams provides.
So, I took to Google to see what I could find and came across this article on Stock Gumshoe about the “Prime Profits” presentation, which was originally published in 2018.
And after reading that post and looking further into the presentation, I’m convinced the whole thing is about investing in a company called Prologis (PLD).
Why? Because for starters, Prologis is a Real Estate Investment Trust (REIT), which means it’s a company that owns, operates, or finances income-generating real estate. And as an investor in a REIT, you typically receive a periodic dividend payment.
So, in other words, REITs send investors money each year, or “payouts,” if you will. And these payouts are directly related to how many shares you own as an investor in the company.
In this respect, it’s similar to buying shares of a regular dividend-paying company, except REITs are specifically set up to invest in real estate.
And since Prologis pays a dividend every 90 days, that matches up with at least part of what Jason Williams talked about in the presentation.
But what does any of this have to do with Amazon?
According to the company website, Prologis has provided Amazon with strategic distribution space in the U.S., China, the U.K., and Japan since the year 2000.
So Amazon rents warehouse space from Prologis, and investors in Prologis can earn dividends investing in the company.
And, theoretically, the more successful Amazon becomes, the more warehouse space it can rent from Prologis and the better that would be for the company and its investors.
This might help explain Jason Williams’ statement about how, with Amazon “growing at lightning speed,” you could “expect your payouts to soar” also.
One last thing that ties it all together, and leaves no doubt in my mind that Jason Williams is talking about earning dividends from Prologis, has to do with the income examples he shares.
During the presentation, Williams shared numerous examples of how much money people have made with the so-called “Prime Profits” payout system. And every single one of the names I checked (including the three above) matches the names of the Prologis team.
For example, “Edward N” is Edward Nerkritz (Chief Legal Officer), “Eugene R” is Eugene Reilly (CIO), and “Lydia K” is Lydia Kennard (member of the Board of Directors).
So, when Jason Williams shared examples of how “everyday Americans” were collecting $10,000s in “Prime Profit” payouts, this is who he appears to have been referring to – company executives and board members of Prologis who own a stake in the company.
How much can you make with “Prime Profit” payouts?
Based on everything we just discussed, when Jason Williams mentions earning “Prime Profit” payouts in the presentation, he’s almost certainly talking about earning investment income from Prologis.
And it’s not possible to simply “enroll” to earn “payouts” from Prologis. Instead, the company pays dividends to its shareholders, which means you’d need to buy shares of Prologis (PLD).
So, how much you could make with “Prime Profits” depends on how many shares of Prologis you own. And according to the company’s dividend payment history, its 2021 dividend payment was $2.52 per share. Meaning, for every share you owned in 2021, you’d have received a $2.52 payout.
So, if that’s the case, what would it take to collect a $10,000 “payout?”
Let’s do the math…
At a $2.52 dividend per share, you’d need roughly 4,445 shares of Prologis to collect $10,000 in dividend payments within one year. And that would require a $675,862 investment based on the current share price of $152.05 (4,445 shares equals $675,862.25).
Of course, that’s just my “back of the napkin” math, and the actual numbers may be different when you see this, given how things are constantly changing. However, I find it difficult to believe that most “everyday” people would have anywhere near a spare $675k lying around.
And that’s assuming you only wanted to earn $10K in one year. If you wanted to earn $37,556, $106,242, or $257,688 (which are examples of “handouts” the presentation suggests others have made), you’d need to invest millions of dollars in the company.
So to sum it up, it is possible to earn money using the method Jason Williams is suggesting, but most investors are unlikely to make the amounts the presentation alludes to.
Recommended: Go here to see my #1 rated stock advisory of 2024
Who Is Jason Williams?
According to the Angel Publishing website, Jason Williams is a former investment banking analyst for Morgan Stanley who helped design and analyze projects for the U.S. military.
After leaving Wall Street, the Angel Publishing website says he began contributing to Wealth Daily, the company’s flagship daily email newsletter service.
He’s also the co-editor of The Wealth Advisory service, the service being pitched in the Prime Profits presentation, and editor of Main Street Ventures; an advisory focused on pre-IPO opportunities.
As a side note, Angel Publishing’s services are also sold under the Wealth Daily brand. And both of these company’s operate at the same Baltimore address. So it seems as though Wealth Daily and Angel Publishing are effectively the same company, just different brands.
In any case, according to Jason Williams, he’s generated millions in profit for himself and his clients over the years as a result of what he learned on Wall Street. And he claims his goal is to help his followers open “as many new income streams as possible.”
How Does The Wealth Advisory Work?
The Wealth Advisory is an investment service published by Angel Publishing (and Wealth Daily) and co-edited by Jason Williams and Briton Ryle.
And the service focuses on long-term growth stocks and income-generating investments. In other words, it aims to help investors generate capital growth and dividend income.
According to the Angel Publishing website, the company believes that “the real secret to building wealth is to uncover stocks that will grow both their share prices and their dividends each and every year.” And that’s what the service is all about; investing in stocks that pay dividends.
This further confirms my suspicion that Jason Williams is pitching Prologis because The Wealth Advisory is the service the presentation is promoting, and it’s dedicated to recommending stocks that pay dividends. In other words, it’s dedicated to recommending companies like Prologis.
Does the service have a good track record? The site doesn’t state how well the service has done since its inception. However, according to Jason Williams, The Wealth Advisory beat the market in 2020:
“Even during the worst recession in over a decade in 2020, our average gain for the year of 45% would have beaten even the loftiest benchmarks…”
Of course, that doesn’t mean the service will perform well in the future, but it appears to have established a strong track record.
What do you get if you join?
As a subscriber of The Wealth Daily, you receive a new newsletter issue each month for 12 months, and each issue covers at least one new income-focused investment recommendation.
You get the details about the company and insight into why it’s being recommended. From there, you can decide if you want to follow the investment idea using your brokerage account.
That’s the main aspect of the service. However, you also get access to weekly updates on each recommendation and some bonus reports as part of the “Prime Profits” presentation.
The first report is titled “Prime Profits: How Everyday Investors Can Piggyback on Amazon’s Record Sales.” This covers the investment Jason Williams talked about in the Prime Profits presentation (which I believe is Prologis).
And from what I can gather, the following three reports are essentially about making more money with Jason Williams’ “Prime Profit” payout (AKA dividend investing) method:
- America’s Tax Collector: How to Make Walmart, Starbucks, and General Motors Pay You Every Month
- The Billionaires’ Secret: How to Double Your Prime Profits in 5 Minutes
- Prime Profits Bonus Check: Collect Yours Every Year
How much does it cost?
The Wealth Advisory service costs $49 for 12 months’ access, and according to the Angel Publishing website, it comes with a six-month refund policy.
Bottom Line: Is Prime Profits Legit?
Amazon is not handing out checks to everyday Americans every 90 days as part of a “Prime Profits” payouts program. So it’s not possible to enroll somewhere online to start receiving payments to the tune of hundreds, thousands, or tens of thousands of dollars.
To be clear, I haven’t read the “Prime Profits” report, so what I’ve said is based on my research and opinion. However, given what Jason Williams states in the presentation, the company he’s teasing is most likely Prologis (PLD). And earning the sort of “payouts” alluded to in the presentation would require a significant investment in the company – well beyond what most could afford.
So, it’s probably best to take the “Prime Profits” marketing with a (huge) grain of salt. Because, in my opinion, it doesn’t give the average person a very good idea of what to expect.
That said, Angel Publishing appears to be a legitimate financial publishing company based on my research. I’ve written about its services and presentations before, and the company doesn’t have many complaints online from what I’ve seen. So I don’t think it’s a scam.
And, of course, Prologis is a legitimate company. So, assuming this is Jason Williams’s “Prime Profits” recommendation, which I think it is, then he’s sharing a legit investment idea.
Whether or not you’ll make money is another story because there are risks involved as with any investment. But there is nothing wrong with dividend investing or Prologis itself.
Not to mention, The Wealth Advisory comes with a six-month refund policy, so if you sign up and find you don’t like it before your first six months are up, you can request a refund.
So, the bottom line is this: you probably won’t make $10,000s in “Prime Profit” payouts, but the underlying investment idea seems legit based on my research. And while there’s no guarantee you’ll make money following Jason Williams’ investment ideas; his advisory service could be worthwhile depending on your goals and investment preferences.
Anyway, that’s it from me. I hope you found this helpful.
There is nothing that is bad and misleading as half-truth, If it is false completely, it is easier to detect. I hesitate to join in with this prime profits stuffs twice because it does sound good but it is not overly too good.
To be sure, I checked on google by typing asking if prime profits or Jason Wiliiam of Angel Publishing legit. It caught my attention with the name UNguru.. Haha it implied a grenade to the guru. Well, the analysis of McKinlay seems from a detailed research.
If you are wondering about something too good to be true, likely it is. One good way is to start slowly. Any truly life changing stocks still takes years to grow. If you did lose money from scammers, don’t feel bad. It might be painful but it is valuable.
So how do I sign up for Amazon Profits Payouts??? How does that work??? Ashley Lenartson
There are no Prime Profits “payouts.”
As I explained in the above post, it is NOT possible to “enroll” to receive “Prime Profit” payout checks. This is marketing hype.
Instead, the “payouts” Jason Williams referred to in the presentation appear to be quarterly dividends that you can earn by investing in a Real Estate Investment Trust (REIT) he recommends. And the only way to get his “Prime Profit” investment recommendations is to join a research service he runs called The Wealth Advisory for $49.
So it is not possible to “sign up for Amazon Profits Payouts” because these so-called payouts don’t exist.
The only thing you can sign up for, in this case, is The Wealth Advisory, a service that gives you investment ideas.
Dear Mr. McKinlay; To Tim:
Thank you for such a comprehensive and informative report of your findings. For years, I handed out a report of my findings on fact-checking websites which are non-biased and non-political, such as Politifact.com and Factcheck.org. By my reading this report, you probably saved me a good deal of money. Again, thank you very much.
My pleasure, glad you found the post helpful and appreciate your comment.