| Comment Number: | 522418-04161 |
| Received: | 6/24/2006 10:11:55 PM |
| Organization: | XanGo |
| Commenter: | Katherine Beeson |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Federal Trade Commission/Office of the Secretary, Room H-135 (Annex W) Re: Business Opportunity Rule, R511993 600 Pennsylvania Avenue, NW Washington, DC 20580 RE: Business Opportunity Rule, R511993 Dear Sir or Madam: I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing as a Successful Independent XanGo Distributor, and devastate the small business I have worked so very hard to build and operate, as well as devastating all the hundreds of people I have helped to build their small businesses. I have been an Independent XanGo Distributor for over 17 months. I started this small business because, I love the products and wanted to share it with my friends and family. I never did mlm business before this and I have to tell you It is really nice working for a Company with Men who have the integrity that My Leaders have. My husband is retiring in August of this year and we will be needing extra income, this is the only way in which we can make it Since we will be only getting paid once a month and with such little income, It will be heard to pay our bills and put food on the table, what with the rising cost of electric, and gas. I am taking care of my 2 little grandchildren so my daughter will be able to make ends meet and put food on her table. We cannot afford the gas for my husband and myself to go out and work. That is why this business is so perfect for me. I can watch my grandchildren and stay home and still bring in money to help out. This business not only will help us it will also benefit my children. I know many of the people I have introduced XanGo to, are also able to meet their monthly expenses as well as extra income to put in their savings account for emergencies. Please, do not devastate the small business's our families have all worked so hard to build. We need this business to survive! Some of the sections in the proposed rule would make it hard or almost impossible for me to sell my XanGo product under the proposed rules. Sharing this incredible opportunity with other families would be most difficult if not impossible if the present rules were to be changed. The purposed waiting period will give the public the bad idea that there's something wrong with me or our XanGo business plan and also reflects badly on me. I also think this seven-day waiting period is unnecessary, because XanGo already has a 90% buyback policy for all products including sales kits purchased by a salesperson. In addition XanGo has 30 day a 100% money back guarantee on the product for all new Distributor that were just enrolled. The new enrollee does not even have to send any product back to the company to receive the 100% Refund on the product. One of the most difficult sections of the proposed rule is the seven day waiting period to enroll a new XanGo distributor. People love this product and want to get started sharing it with others right away. This proposed change would create a hardship for all the families involved. They would not be able to get paid in a timely manner and would prevent the efficiency of the pay plan. XanGo's sales kit only costs $35. People buy cars, refrigerators, Air Conditioners and other items that cost much more than that and they don’t have to wait seven-days. Under this waiting period requirement, I will need to keep very detailed records when I first speak to someone. I would then have to send in reports to my company. I am a small home business and this burden could literally devastate my business and destroy many other family businesses. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I am glad to provide references, but in this day of identity theft, I am very uncomfortable giving out the personal information of individuals (without their approval) to strangers. Women in my organization may be subject to sexual or racial harassment. We have enough problems in this world without adding needlessly to more people being opened to foul play. Please Prohibit sexual or racial attacks related to this disclosure. In the end the rule must bind the FTC to take direct enforcement action on sexual and racial attacks with a special unit assigned to monitor actions related to the disclosure forms. I have seen many scams on the Internet. This rule will do nothing to stop them. They hurt my business! This rule will not stop Crooks – they violate the current rule all the time. I am proud to be an American Citizen and the proposed rule R511993 would hurt me and my buisness to the point of devastation. Please help me to retain the right to operate my XanGo business and continue to help our friends and family as well. XanGo is a family oriented Company. They really care about us. They have helped put more food on the tables of many American familes around the country. Please do not penalize XanGo and the XanGo distributors for the bad apples that have taken advantage of good American Citizens. I am a good American citizen and it will hurt me. Thank you and please help me by going after the bad citizens and let the good citizens contribute to the economy as well as the society. Sincerely, Katherine and Eugene Beeson