| Comment Number: | 522418-04898 |
| Received: | 6/28/2006 6:05:15 PM |
| Organization: | XanGo, LLC |
| Commenter: | Rose Baker |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| Attachment: | 522418-04898.pdf Download Adobe Reader |
Comments:
Ladies and Gentlemen RE: Business Opportunity Rule, R511993 The Proposed Business Opportunity Rule R511993 concerns me very much because I believe that in its presented form, it could prevent my continued success in my small home business as a Distributor for a nutritional company called XanGo. Independent Distributors with our company are exactly that, Independent, having no obligation to maintain inventory, meet any level of performance, or invest in any sort of franchise agreement. We may stop at any time with no penalties or financial obligation. It is my belief that small business owners are what built this country and what keep it thriving. Would you agree? I am concerned that this proposed change would destroy my business and hundreds of thousands of other people’s small businesses. 7-DAY WAITING PERIOD The 7-Day waiting period would give the public the idea that there is something wrong with us or with our business operations. I am a professional and my reputation and standing in the community are very important to me. This waiting period is totally unnecessary because my company, XanGo, has a 100% buyback policy with no questions asked. No prospective ‘Distributor’ is kept in the dark as to the operations and full disclosure of our business processes. Being a FREE marketing operation, each person is FREE to market in any open way so long as they make no claims that are dilatory to the company or the ethics of XanGo, LLC. Each Distributor pays an annual fee of $35 to establish their Distributorship and maintain the data base computer operations which monitor sales, commissions, etc. Obligating our small business operations to a 7 DAY WAITING PERIOD which adds additional paperwork and record keeping that serves no purpose and benefits no one does nothing but tie us down to desk work that costs us time that we need to be out promoting a wonderful Wellness Product that changes people’s lives for the better. DISCLOSURE OF 10 PRIOR CUSTOMERS Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. We are happy to provide references, but this is absolutely frightening. We have a health product and we should not be required to tell strangers the names of anyone who is taking it. Certainly CVS, Echerds, Wallgreens, or any other pharmacy does not have to give out names of customers taking prescription drugs as references. This would be ludicrous and is for us as well. Identity theft is a real concern of everyone and giving out personal information should be against the law if anything should be. FREE MARKETING SYSTEM Please stop this action and help us as American citizens and small business owners to continue to operate our businesses in the FREE MARKETING SYSTEM that is part of this country known as the Freedom Capital of the World. Sincerely yours, Rose D. Baker