|Received:||6/30/2006 12:34:42 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I've been a Quixtar IBO for many years. I've found Quixtar and our support system to operate with the highest integrity; unlike many systems I've run into which are deceptive by comparison. We advise those working with us that our opportunity takes work, and is not a "get-rich" scheme. Other opportunities are not as forth-coming, so we do support some regulation. However I'm concerned regarding the following provisions: 1) Our business has a money back guarantee. As such, there is no risk to our prospects. When I signed up I would have been EXTREMELY frustrated at having to wait 7 days. Please remove this provision for those opportunities which truly have a money-back guarantee. 2) Quixtar requires our support organization to provide a simple earnings disclaimer. In fact, they are so tough that we have it repeated several times in our documentation. We find even this simple disclosure sometimes becomes very confusing to our prospects. We support a simple disclosure, but DO NOT support a separate disclosure for every example we may use when trying to explain this business. 3) We do not support the provisions which seek financial substantiation or references. We already provide numbers sanctioned by an FTC review. That should be sufficient; especially when our prospect's business can be substantially larger than our business. Our business income should not become a limitation for the open-ended opportunity our business provides---it isn't fair to the prospect. Likewise, having to provide references isn't fair to our business associates privacy. Again, the current sanctioned numbers we use in the Quixtar opportunity presentation materials are more than sufficient. 4) Anybody with an ax to grind or a gold-digger can bring a lawsuit. Having to provide a litigation list adds to our already troubled legal system. Please remove this provision. I'm very proud of my association with Quixtar. This association has made me and my family better. We've learned so much about business, relationships, and free enterprise. Our wish is that this opportunity can be preserved for all who want a better life, and not unduely burdened by unnecessary and unproductive governmental requirements. Thanks for seeking and considering our comments.