|Received:||6/27/2006 8:14:10 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Let me first state that this will not be that professional in form. I am a 23 yr. old marine corpral that started my quixtar business one yr. ago. I sincerely beleive that if not for this business and the team that I am with I would not be the man I am today nor would I have found my way back to the lord. To address this proposed bill, the seven day waiting period would seriously hurt the growth and income potential of all persons involved. most new people that get started in this business opportunity are very excited about the quickness with which it can grow and start to produce income. many people on my team have had awesome results in less that a thirty hour period with showing one person the opportunity and having that person get excited and call twenty or more people right off the bat to come check it out along with them and within the first month of their business make more return than their original investment in getting started with a product pack. Now I can't speak for other organizations, but I know the entire winters organization all introduce their new prospects to their growing upline as soon as posible and the prospect will meet a large number of other IBO's at the first open meeting they attend which is generaly within a week or less from when they are first told of the business plan. Lastly for me the proposed rules to disclose all past litigation. I don't think this would benefit either party simply because telling an individual that has just heard an opportunity and is excited about it doesn't want to hear about some guy somewhere that had charges filed against him for doing something he was accused of doing. Now if the IBO that is showing the prospect the plan has themselves been involved in negative litigation then yes I think they should have to disclose that and explain, but for an IBO with now prior faults conserning this business opportunity, it would be extremely harmful to their business to tell a prospect that an individual that is in no way directly involved with the team he/she will be working was charged or even convicted of a crime. That would make about as much sense as a person getting pulled over for a traffic violation telling the officer that friends of his have been arrested for dui's or wreckless driving on several occations. It just kinda puts a bad taste in the persons mouth and people tend to take the actions of one negative individual and cast it out over and entire group of people involved with a similar group. well these are the thoughts I have about these proposed rules. good day and godspeed Charles R. Hayne Jr.