| Comment Number: | 522418-05043 |
| Received: | 6/29/2006 12:05:23 PM |
| Organization: | E & A Enterprises |
| Commenter: | Evan Jackson |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir, We have been an Independant Business Owner for the past 31 years. First with the AMWAY Corporation and now with the Quixtar Corporation. Our experience has been, and continue to be a positive one. We have benefited both financially and personally, received great mentoring toward being better persons. Our relationship as husband and wife is better because of the experience. When we were exposed to the AMWAY business, it was in a personal residence, and the presentation was done by someone out of town. We were given sufficient information to make a quality decision and there was no pressure to register. We invited some of our family and friends to see the opportunity the next day since the presenter was helping us get started that weekend, they had jobs to return on Monday. The proposed waiting period of seven days would definitely hamper our business development from both a time and a profitibility point. We provide each prospect a literature pack (no charge) when we give them the presentation. It consist of a copy of the SA-4400 approved by the FTC, reference to the approved website www.thisbiznow.com, a copy of the Quixtar 6-4-2 IBO Business Plan and other materials on the products of their interest. The cost of registeration will vary from the minimum specified by Quixtar (approx $56.00) and any additional products/services they may choose. Everything is 100% guaranteed and they can change their minds on doing the business in 30 days for full money return. The business is built on long term relationships. Therefore, we must be honest and up front to accompolish success. Honesty and integerty is taught at all levels of the business. When a person become an IBO, there is a wealth of information provide by Quixtar on all litigations, profiles of success, average incomes for different levels of achievement is available and therefore this information is available. An IBO should have the option to disclose their personal income and losses during the presentation. In summary: 1) We are very satisfied with the current way of doing business as required by the Quixtar Busines Rules and Code of Ethics. 2) A mandatory seven day waiting period would adversly effect our business in delayed production and resultant income generation. 3) Requiring IBOs to reference past and current litigations and personal financial records to be disclosed will open up the door for law suites and violate our privacy.