| Comment Number: | 522418-06695 |
| Received: | 7/7/2006 2:48:07 AM |
| Organization: | porter business group |
| Commenter: | lamyle porter |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We support the recommendations of the IBOAI concerning proposed rules that would affect Quixtar Business Owners with the following comments. This business represents an opportunity for me, my family and all US citizens where based on individual effort a legacy business can be built for miniml startup costs. Alticore has provided for 47 years an honest business franchise. For such small start up costs why are you proposing such heavy regulations, which will adversely affect an existing reluctance by over 95% of the population of the US to even engage in such a business? We should be working together to encourage regulation that would stimulate more US citizens to become independent business owners. We feel that the FTC should put more marketing effort toward MLM marketing companies such as Alticore, not create barriers to entry into MLM franchises. We would like further explaination of the proposed regulation in regards to requiring a list of all legal allegations against Quixtar from the past ten years, when the Quixtar business is only 7 years old, and what is the relevance to requiring this disclosure in the first place. Requiring ten references in the area makes no sense, since we are independent business owners, this is private information that we can't give to just anybody. In this day of privacy and the internet this is a real problem. That regulation would or should be impossible to enforce or substaniate because the FTC or someone outside of Quixtar would need a list of all business owners and that should not be allowed.Thank you for your attention. Looking forward to your personal response.