|Received:||6/25/2006 6:03:06 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Dear Sir or Madam: I am writing this letter because I am concerned about the proposed business opportunity RULE R5 1993. I believe that in its present form, it could prevent me from continuing as a distributor. I understand that part of the FTC's responsibilities is to protect the public from unfair and deceptive acts or practices, but some of the sections in the proposed rule will make it very difficult if not impossible for me to sell Goldshield Elite's products. I have been in direct selling for 15 years. It has changed my life because when I did need to make extra money, it allowed me to do so without finding a babysitter, because my hours could be whenever I had the time and a babysitter (usually my own family member, husband, mother) Therefore without this business venture I would not have survived the first years of hard times in our marriage financially. I thank God for the opportunity to sell products that I also live on daily for my wellbeing. If it weren't for the Goldshield Elite products, I would not be here today. They have changed our lives totally and completely. One of the most confusing and burdensome sections of the proposed rule is the seven day waiting period to enroll new distributors. Goldshield Elites sales kits only cost $10.00, people buy TV's, cars and other items that cost MUCH MORE than that and they do not have to wait seven days. This waiting period gives the impression that there might be something wrong with the plan. I also think this seven day waiting period is unnecessary, because Goldshield Elite already has a 100% buyback policy for all products including sales kits purchased by a salesperson within the last twelve months. I will have to send in reports to Goldshield Elite's headquarters, making everything cost more because of labor. There are many other reasons that I am not happy with this new FCC ruling that you are trying to make a law. Please reconsider I appreciate the work of the FTC to protect consumers, but I believe this proposed new rule has many unintended consequences and that there are less burdensome alternatives available in achieving it's goals. Thank you for your time in considering my comments.\ Sincerely; Frank Bywaters Jr.