| Comment Number: | 522418-04508 |
| Received: | 6/27/2006 6:52:11 AM |
| Organization: | |
| Commenter: | Robert Seitz, Jr. |
| State: | WI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
While I feel that it is a noble effort on the part of the FTC to make these work-at-home and other opportunities be responsible for the claims that they make, I believe that this proposed ruling puts undo burdens on legitimate opportunities, like owning a Quixtar-affiliated business. The biggest concern I have is the list of references requirement. There are several different organizations doing many different things who are associated with Quixtar. I happen to be associated with World Wide Dreambuilders out of Spokane, Washington and follow their training methods and use their materials which have been cleared through Quixtar's legal department. I would not want to have to provide them with a list of person's I don't know and have no idea who they follow or if they have the integrity that I pride myself on. I think it puts an undo burden on myself if I am forced to do this after I do the work to make the initial contact and provide some insight into what the opportunity can provide for them and their family. I have stuck my neck out and put in the hard work and if I pass along a list for them to talk to they might find someone who may not have the very best interest in them. While Quixtar is an awesome business opportunity, as with anything there are people who do it wrong. I also feel that it is unfair to have to provide the list of legal allegations that have been brought against Quixtar and other IBOs. Many of the allegations presented against Quixtar over the past 10 years have been facetitious and without merit. Disclosing this list would more than likely give the prospect a wrong impression, thinking that the company was dishonest or had a bad track record rather than being the benchmark by which other similar business opportunities are judged. I hope you make revisions to this rule that take into account the concerns of legitimate business opportunities while eliminating the fly by night organizations that promise you the moon and then leave you stranded when the founders take off with the cash. Quixtar and Alticor have an almost 50 year track record and for the past 30 has been the standard by which others are judged. We have stood the test of time and feel that this needs to be considered when you bring this rule out. Yes the consumer needs some protection, but not from a legal and forthright business opportunity such as this. Thank you for your time.