| Comment Number: | 522418-06802 |
| Received: | 7/7/2006 2:35:17 PM |
| Organization: | www.quixtar.com |
| Commenter: | Tiffany Deason |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello, my name is Tiffany Deason and I am an Independant business owner through Quixtar.com. I understand that you have a proposed rule to make things more trustworthy as far as businesses such as this one. That's wonderful. Too many times do we hear "Horror stories" Of people who truly thought they were going to make money off of something, spent a lot of money, and didn't make any. I completely understand wanting to protect hard working people from such things. However, a lot of the specific "Solutions" that are laid out in the proposal would affect my, and many other people across the county's, business. I thank you in advance for the opportunity to share some of the things I'm sincerely worried about with you. First, there's the seven day waiting period. I don't really understand how that helps people, but if you believe it does that's fine. However, in a business such as ours in which you have a money back gaurantee, I really feel it's unnecessary. Second, and this one is really big for me, is the requirement to give 10 local references to every prospect. This would totally put my business at a stand still. Being that there are not yet 10 people in my area that are registered in my group. So I would not be able to grow my group at all. The other problem with this for me is, my mother was recently divorced from a very dangerous man. He has tried to kill her before, and many other things. I'm not gonna get into all of that, but the point is, I can't have people in this area being required to give other people my name and phone #, etc. Lists w/ information like that are truly not safe for me or my children, to be circulating throughout the population. As far as haveing to give prospects copies of all law suits, that just seems unfair b/c even if a law suit was brought up and dropped, or unsubstantiated, we would still have to hand it to people and this makes our company look bad before we even have a conversation. I don't see it to be necessary to make a different diclosure for every income claim, because every person can go about this business in totally different ways. And therefore having a more easily understood disclosure such as the one we have, which states the average monthly income of all IBOs, actually is better in our case. Because that is an average of every body. Not just me, who is doing it my way, when they may very well go about their business in a totally different way than I do mine. Last but certainly not least, I am a very personal person and my husband especially is, and we would not be comfortable disclosing our personal financial records to prospects. As more often then not, prospects start out as complete strangers. Quixtar was givin the highest possible rating by the better business bureau. We make sure to give all prospects plenty, if not an abundance, of information before they decide if they want to register or not. I understand that there are a lot of schemes going around and people are losing money. I just hope you can understand that taking such drastic measures will negatively affect this, honest business. Many hard working americans that aren't able to live the lifestyle they dream of, have that opportunity with us. We truly enjoy helping people to learn how to make the money they deserve and dream of. While we applaud your efforts to further protect our citizens, we truly hope you won't hender our efforts to basically do the same. After all, we have a very commen goal. And that is to improve the lives of our fellow Americans.