|Received:||7/8/2006 1:53:20 AM|
|Organization:||Distribution Systems, Inc.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:DSI has been an active business for over 10 years. The Quixtar business model has been the best business opportunity we have experience as compaired to other business we have opporated such as construction, interior design and retail furniture sales. We support clear and honest disclosure of business information, so that other people can have enough information to make an informed decision. 1. We are opposed to the seven day delay period to start a business. This does not help a propective business owner make any more of an informed decision. It should be left up the individual as to how soon they are ready to get started. 2. Clear calculations of how income is created are important, but disclosing business or personal financial statements in oreder to convince propects of a legitimate business is misleading. No one can claim with a certainty that a certain amount of money can for sure be created. The amount depends on the indiviual not on my bank statement. We oppose financial disclosure as missleading information. 3. We currently offer the opportunity for prospective business owners to visit with with others who are successfully involved in this business. We ecourage this interaction. We want prospective business owners to be informed. They are more successful in this type of business. Requiring that a specified list of names be provided to a prospect does not provide any better information than the current system we are now using. In fact a required names list may be a good way to create a false crossection of information. This is a very poor idea and a cumbersome method of getting good information to prospects. 4. We oppose being required to give some list of litigations as some type of important information to be able to make an informed business decision. Law suits are public information now and anyone can gather however much of it they need. Requiring a certain list of law suits is a poor representation of the quality of a business. We look forward to seeing a revised version of this regulation incorporating these ideas.