| Comment Number: | 522418-04847 |
| Received: | 6/28/2006 4:14:52 PM |
| Organization: | S & A Marketing |
| Commenter: | Ian Smith |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello, I've been a Quixtar IBO for about 3 months now and have shown the plan to many different individuals. As far as your new proposal goes I do agree with the 7 day waiting period to register. In fact, I don't put any of my prospects in a position where they feel pressured to register. However, I disagree with giving a list of references of other IBO's. Simply because it becomes an invasion of their privacy and creates unfriendly competition among the IBO's in the area. Providing a litigations list is also unneccesary. I personally google'd Quixtar before I registered and read blogs of former IBO's and the segment that Dateline did on the Quixtar opprotunity. Considering that the internet is the bathroom wall of today's society, I still registered. And as far as giving specific earnings disclosures goes, I truly feel that it is innappropriate to provide your income with everybody that you make or consider to be a prospect for your business. I agree with the FTC in trying to stamp out bogus work at home and pyramid schemes and allowing IBOs to have a more level playing field for our business.