| Comment Number: | 522418-06374 |
| Received: | 7/6/2006 4:44:12 AM |
| Organization: | National Business Development |
| Commenter: | Samuel Anderson |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
After reading the overview of the proposed FTC rule, i strongly disagree with the FTC forcing IBO's to give references and other financial stats to prospects. My business powered by Quixtar is so very important to my family's future. I am single right now but my son's future is in my hands, as well as my parents future. There is no other way for me to be financially stable for me and my family than through this business. No job will ever provide the security that I have found through the Quixtar opportunity. The proposed rule by the FTC would harm my business greatly, i am a fairly new IBO and my team is finding new momentum. Having to wait seven days to register someone, and provide other stats could very possibly make the prospect question the validity of my business. I can see that having a "domino affect". If the FTC instituted a cancellation policy for the new prospect, that could relieve a lot of stress and concern from that person. As it is now, anyone not feeling that this awesome opportunity is for them can cancel and recieve a full refund within 180 days, including all products purchased. That to me means no risk already. I don't understand why the FTC would have to implement more rules to question that this business or any legal business similar to this is legal, to prove it to someone else. I understand there are many scams out there. I believe Quixtar already has many ways of proving that it is completely legal, such as all the partner stores (i.e. disney. com, the most protected trademark in the world). I hope that the Federal Trade Commission listens to everyone and respects all our businesses. I appreciate that they are working hard to keep this country clean of schemes and such, and there are many better ways to do that. Thank you.