| Comment Number: | 522418-05291 |
| Received: | 6/30/2006 2:26:52 PM |
| Organization: | CJ Weiss Enterprises |
| Commenter: | Carey Weiss |
| State: | NJ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Good Afternoon. I have been a Quixtar IBO since 1999. Because of this business I have been able to get rid of my part time job selling suits, and have hope for my families future. I am able to build the business when I have the time, so it fits into my lifestlye. I have also developed relationships that have been helpful to my family in many other ways on a personal way. When I registered in the business, I received documentation that was required by the FTC that I be given. I was given average income statements that were very realistic. On the same lines, I give the same information to people I sponsor in the business as well. One of the things I tell new people getting in the business is that this is a real business, that takes time. Usually at least 2-5 years. I also tell them that I can't guarantee their sucess. The cost to register them is a little under $200.00, and if they are not happy, they can get a refund of about $170.00 back within 180 days. I wanted to address the requirement to provide references: This would be very difficult for me because I don't know who is in the business locally to myself. And to find 10 would be very difficult. The other thing is that how do I know that one of those people might not try to steal those prospects away from me. This seems rather unfair that I should have to open myself up to that risk. I would never do that to someone else, but who know about other peoples integrity. I also don't want MY information given out to complete strangers in today's society. One of the first things I do when I sponser a new person is get them to meet people that are in my support team, and people associated with them, so they always get to meet and talk to other people who are in the Quixtar business. I have a big problem with the requirement to provide a "Litigation List": Not that I want to hide anything, but I should only have to tell people about true lawsuits. According to your ruling, even is something is alledged, we should have to tell them about that. That is unfair, and anyway, they always find out about those things anyway when they search the web. Again, I don't want to hide anything! I hope you revise this ruling to weed out the companies who are illegal, but not hurt the ones that are legal. Thank you for your consideration.