|Received:||6/27/2006 12:34:44 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Please consider the following concerning your future ruling of Home based businesses and many peopls livelihood will be affected after sometimes years of hard honest work. I strongly agree with being honest in business. Our company has always worked hard to disclose and be up front concerning averaghe incomes ect. If you would posssibly consider using some of our methods as we stand with in integrity with you on a business level. Please... Eliminate the waiting period, at least for opportunities like Quixtar where a prospect can get his money back if not satisfied. ___________________________________________________ ... the names, addresses, and phone numbers of 10 other IBOs in the area – seven days before the prospect registers. This requirement would infringe on the privacy of every IBO whose name, address, and phone number was provided to prospects. It would also penalize the sponsor, who would be required to give his prospect contact information for 10 other IBOs, any of whom might be happy to register the prospect themselves. With all of the infrigment on identity today this would cripple many peoples efforts. Please consider... Eliminating the requirement to provide 10 references. ___________________________________________________ Please consider.... Eliminate the requirement to disclose past litigation. As the crooked companies would surely be the ones to ignore this rule. We have always given our prospects the BBB and Dunn and Brad Street links...they are right on the front page of Quixtar We also now have links to many documents concerning these such items and lay out many unspoken parameters concerning these issues ___________________________________________________ We disclose average incomes with each prospect when they see the plan. It is printed on our documents that involve income disclosures at all times If disclosures are needed, require a simple, standard, easily understood disclosure such as "average monthly gross income for 'active' IBOs." IBOs should possess substantiation for any claim but should not be required to disclose it except when required by the FTC and similar state agencies in an agency investigation.