| Comment Number: | 522418-06256 |
| Received: | 7/5/2006 7:53:39 PM |
| Organization: | Cota Enterprises Affiliated With Quixtar |
| Commenter: | William Newton |
| State: | KS |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am sending my comments regarding your new preposal for 7 day waiting period, a reference list of other business owners within our business, give prospect a list of all lawsuits that Quixtar and affiliates have, and require personal financial statements. First, I have been affilliated with Quixtar for around 7 years and am also an owner of a construction company. I love the oppurtunity and have 2 little kids that my wife stays home with cause we make enough from our business and it has helped our marriage out tremendously.. What I don't get about all these proposals is that you do not take into account that this Business is just like my constr. business. I never have had to wait 7 days to do a bid for a job or two do a job because of govt regulations. I have never had to give documents of all constr. lawsuits in the USA to my clients and definately never given my clients a personal financial statement. I believe the Quixtar oppurtunity just like my other business is a fair and just business and I do not understand why you have decided to try to treat it like a second rate business. It seems very socialistic to ask us to divulge all personal info to our prospects. That is very offensive to me. My Grandpa always told me if I become successful like he is that you never tell how much you make or how much you give.. I appreciate the oppurtunity to voice my opinion. I know you will make the right decision. thanks William Cody Newton