| Comment Number: | 522418-04415 |
| Received: | 6/26/2006 8:17:29 PM |
| Organization: | Quixtar/WorldWide DreamBuilders |
| Commenter: | Landis Felts |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I applaud your efforts to shut down bogus business opportunities. This will benefit my business in multiple ways. However, requiring references, a list of all legal allegations, and the production of financial records would heavily change the way I conduct my present business. The waiting period would dramatically lower my sponsoring rate as well. Anyone who has a reasonable cancellation period secures this perogative. In my own business, if the production of these items were necessary and the waiting period were enforced, I would not be involved today, almost eleven years later. This business is much more than documentation and legal statements. It is about people. I would never have been exposed to this with the deluge of legal documentation you are proposing we provide for all business prospects. Quixtar is a legitimate business opportunity that can dramatically change one's life if given the chance. I am so glad I was given the chance. Sincerely, Landis Felts