|Received:||7/3/2006 6:40:25 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am concerned about the proposed Business Opportunity Rule R511993. I believe that it would prevent the business I operate from continuing as a XanGo™ Independent Distributor. It would destroy the small business I have worked so hard to build and operate, as well as those of thousands of others. I have been operating a home-based business as an independent Contractor representing XanGo™ LLC, for a year and a half. I contracted to operate this business because I loved the product and wanted to share it with others. Many of the people I have introduced XanGo™ to are now operating their XanGo™ businesses. Please don’t destroy these small business people who are striving to increase their income by helping others. There are thousands who are solely supporting their families from their XanGo™ income. Some of the sections in the proposed rule (Rule 511993) would make it hard or almost impossible for me to sell the XanGo™ product and would make it especially difficult, if not impossible, to introduce others to this fantastic opportunity under the proposed rules. Changing to the new rules would devastate the growth and profit potential of the business we operate. The proposed waiting period will give the public the idea that there is something wrong with me or the XanGo™ business plan and also will reflect badly on me. I believe this seven-day waiting period is unnecessary, because XanGo™ already has a 90% buyback policy for all products including sales kits purchased by a salesperson. A 100% total money back guarantee, which applies to any new enrollee, is guaranteed for these new enrollees within the first 30 day period and is daily exercised freely by anyone purchasing from XanGo™. The current procedures in place by XanGo™ already insure that no one can ever be hurt financially by the XanGo™ business opportunity. One of the most difficult sections of the proposed rule is the seven-day waiting period to enroll a new distributor. The procedures associated with the proposed rule change would make it extremely difficult to build and operate a XanGo™ business. This change would stifle the initial profit and actually make operating a XanGo™ business less profitable than it currently is under the existing rules and procedures. A new rule should not stifle profit. The XanGo™ sales kit only costs $35. People buy items that cost much more than that and they don’t have to wait seven days. Under this waiting period requirement, I will need to keep detailed records when I first speak to a prospect and will then have to send in reports to my company. XanGo™ distributors operate small home businesses and this burden could destroy them completely by requiring excessive paperwork, and requiring a person to be a superstar instead of being just an ordinary person seeking to get ahead. The proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I would be glad to provide references, but in this day of identity theft, I am uncomfortable giving out the personal information of individuals (without their approval) to strangers. Women in my organization may be subject to sexual or racial harassment. So, unless the FTC passes an addition to this rule prohibiting sexual or racial attacks related to this disclosure it will open up women to sexual attacks and/or stalking. Sharing names/addresses of existing distributors with a “prospect” would open an organization to attack by other businesses. A person from the competition who wished to proselytize an existing organization would be given the key to the bank. XanGo™ is a good company. Don't lump great companies like XanGo™ into the same barrel as those who take advantage of others. I urgently suggest that you visit XanGo™ LLC in Utah and see what a passionate and caring company this is. Thank you. Please help me retain the right to operate a XanGo™ business where the company, already has procedures in place to protect anyone from loss.