|Received:||7/10/2006 10:18:52 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Me and my wife Kirtana have been working with Quixtar.com as IBOs for past 5 years and we reached the platinum level last year and we are brand new Q12 in qualification this year and will be emerald coming year. We are happy withe income we are making and but mroe exited about the future. When we stared, our sponcer clearly told that this is not a get rich quick sceam, and if are willing to work he will help. We agreeed and did and he and the team helped us also. Problem 1: Prospects would have to wait seven days after receiving disclosures before they could register. Solution: Eliminate the waiting period, at least for opportunities like Quixtar where a prospect can get his money back if not satisfied. Problem 2: You would be required to give every prospect a list of "references" – the names, addresses, and phone numbers of 10 other IBOs in the area – seven days before the prospect registers. This requirement would infringe on the privacy of every IBO whose name, address, and phone number was provided to prospects. It would also penalize the sponsor, who would be required to give his prospect contact information for 10 other IBOs, any of whom might be happy to register the prospect themselves. Solution: Eliminate the requirement to provide 10 references. Problem 3: You would have to give every prospect a list of all lawsuits, arbitrations, and other legal claims for the past 10 years involving Quixtar and its IBOs where the plaintiff alleged fraud, misrepresentation, or unfair trade practices – regardless of whether or not the accusation was true. Among other problems, this requirement would open up Quixtar and other legitimate companies to false accusations. Meanwhile, dishonest companies would simply ignore the rule. Solution: Eliminate the requirement to disclose past litigation. Problem 4: You would have to make a different disclosure for every income claim.This would include any examples you might use during an opportunity presentation to illustrate how the Plan works. Solution: If disclosures are needed, require a simple, standard, easily understood disclosure such as "average monthly gross income for 'active' IBOs." Problem 5: You would be required to provide prospects with personal financial documents to back up ("substantiate") any income claim. Solution: IBOs should possess substantiation for any claim but should not be required to disclose it except when required by the FTC and similar state agencies in an agency investigation. As a personnel testimony. We never got a day of delay for Quixtar check to come. We have been under promissed and over delived. We honestly belive, we will be one of the leading business owners in Norh America by 2010 and this could be possible only for quixtar.com and the educational team and our uplines who dedicated for our life improvement. We thank God for Quixtar.com, who can help and average middle classs family like us to become one of the leading business owener by providing oppurtunity and following Godly principle and standing for what is right. We pray the company like Quixtar.com is encoraged to run business, so that any average person who wants to work and accomplish higher level for their family and attain financial freedom has a possiblity to do so.