| Comment Number: | 522418-05129 |
| Received: | 6/29/2006 6:55:25 PM |
| Organization: | |
| Commenter: | Mary Hess |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO since 1971, the income supplements my retirement and the business has supplied me with friends. When we registered, there was enough information when we were shown the plan and given the Sa4400 for us to make a educated decision within 2 days, knowing it was not a "get rich quick" plan with no quarantee of success, but there was a possiblity of making some good money because others before had done so. We knew that any business success takes work, but that there was not monitary risk because the full registration and optional product pack had a money back quarantee if we decided that this business was not for us. We inturn inform all our prospects the same way. By having a seven day waiting period, the new IBO prospect won't have as a good a chance to try to get started with his business, get official information from Quixtar and to see how it really does work. Giving them a list of references of other IBOs in the area would in some cases be impossible and besides when the new prospect attends a meeting they will meet other IBOs and be able to ask any questions that they want to. Requiring IBOs to give out my name , address, and phone number at random would kind of violate my privacy. A "litigation list" of all unfair and deceptive practices etc really has no bearing on my organization or Quixtar because there is always someone who do not follow the rules and tries to pull a shady deal in any profession, regardless if it's in sales or even factory work. So why does everyone have to publicize the "Bad Apple in the barrel". With all the proposed restraints and disclosures for Direct Sales organizations, the FTC will be killing a lot of peoples opportunity to make a better life for themselves. Quixtar has done everything in it's power to keep us informed and to keep all dealing ethical for the 35 years we have been associated with Corporarion.