|Received:||6/26/2006 11:02:33 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We , my wife and I, have been IBOs for almost two years. We now live a healthier life and have helped many along the way whom we have shared this opprorunity with. We have done this with the exclisive products through Quixtar. We have also grown in our personal relationships due to the mentorship, books, and CD's.Our income is in direct relationship to the time we have put in on a part time basis. We were informed through a business plan shown to us by an Emerald in the business. In addition to that we read literature and attended seminars before we were sposored in the business This process took several weeks. Prospects that see our opprotunity are deifinitely well informed. We provide them with clear objectives on what is required to build a strong and successful business. Prospects spend less than $200 to register. This amount is totally refunable for six months. We really do not need the 7 day waiting period for prospects to regfister as there is a six month money back guarantee for registration fees. Providing references would infringe on the privacy of IBO's. It would penalize the sposors as well, as he would give up his prospect contact information. Eliminate the requirement to provide 10 references. Providing a list of lawsuits would open up Quixtar and other legitimate companies to false accusations. Dishonest companies would most probabaly ignore this rule. Eliminate the requirement to disclose past litigations. A disclosure for income should be simple. It should be an average monthly gross for all active IBO's. An IBO's income is private to prospects. Nonetheless, an IBO should possess substantiation for income claims when required by the FTC or state agencies due to investigations.