|Received:||6/26/2006 3:31:01 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:After reviewing the FTC's new proposed rule I personally have a comment dealing with one section of the rule. It involves the requirement to disclose past litigations, this here would effect my business. To show someone my products and our company it is a great way to do business it sells itself, but if I have to show paperwork or tell a prospect of all the negative the company has had to deal with in the past, im setting myself up for a loss. All companies in my eyes deal with a bad customer every now and then, say Wal-Mart if I had to know all the bad things customers or the company has experienced there in the last 10 years before I could shop there, I probably wouldn’t think about doing business there again. My point is this by no means is it fraud by sharing our opportunity and telling prospects all the good things our business has accomplished and not telling people of the bad customer or company relations we may or may not of had in the past, they have all means to find that information on their own if the prospect wishes to. We sell high quality American made products to the public for a wonderful opportunity, as an IBO this is my business so I just want to voice my opinion which im thankful you are taking me into consideration before acting. There maybe a few more problems I personally have with the proposed rule, but this one to me is far more crippling to my business. I have been proud that the FTC has allowed our business to grow and change lives for the last few years, many people have been affected by our influence and with you continuing to allow us to run business the way we always have, we will only see more great things in the future Thank you.