| Comment Number: | 522418-04613 |
| Received: | 6/27/2006 4:18:33 PM |
| Organization: | Quixtar |
| Commenter: | Garcia |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The proposed Business Opportunity rule is well meant but for who? I feel the listing of 10 references in not constitutional becuase it gives out private information to the public against the persons will. The 7 day rule is also ridiculous because, being an IBO myself with Quixtar, would hinder both the IBO and the potential client or prospect from starting their business in a timely manner and would inhibit both persons from benefiting from the transaction immediatley. Also, giving prospects a list of lawsuits wouldnt be to anyones benefit seeing as how the person, interested or not, can access those claims themselves via the internet. Giving the prospect my PERSONAL financial information would be against my rights as a U.S. citizen due to the fact that I dont want the public to know my personal finances. It is private. Also having to produce a different disclosure for every income claim wouldnt be to anyones benefit seeing as how the Quixtar business model is based on performance of an individual, not on the income that they make presently. One cannot determine the income another can make in this business due to the fact that the prospect themselves determines that through their work ethic. Elminating all of those rules would be to everyones' benefit. Im not against providing potential prospects or customers with all the information the need to make an educated decision. I am against giving out personal and private information to do so though. Quixtar and all those affiliated with the company do a lot of the proposed rules already throught our business plans, Seminars both large and small scale, and privatley with one on one meeting with the potential customer and prospect. Quixtar and its affiliates has had a great positive affect on my life both personal and financially. It has opened up an opportunity for me to become financially independent. To be free from current economic pitfall that 90% of america is in right now. The government hasnt given anyone that chance. In fact, they are taking away from any body becoming financially independent. Our current Social Security fund or our "retirement" plan wont be available to me to any one in the next 20 years when I will need it. The government doesnt have a solution for me when it comes to retiring comfortably, but Quixtar does. Their is no one else out their that does what Quixtar does. These proposed rules would affect me and every other IBO but it will not shut the company down due to the fact that we are not a pyramid scheme. It would hinder us from doing good business with all of these rules that you are proposing, which are bogus. Quixtar is already doing everything it has to do as far as providing all and any information for any one who is willing to check it out, in my opinion. Again, I am all for giving potential clients and prospects all the information they need to make an educated decision, but not giving them personal and private information about myself and other IBO's. Thats leaves me open for financial attacks and fraud. It's also against my rights as a U.S. citizen.