|Received:||7/10/2006 5:58:33 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We responded to the Quixtar opportunity in 2004. While we have been off and on with our activity, we believe that some of the recommendations you have would put our ability to expand our business at a disadvantage. We have the opportunity to have business and/or personal life style enhancing support material, but it is not required that we subscribe to the audios & books. We make sure that our prospects know that Quixtar is not a "get rich quick" scheme, and offer them the opportunity to have meetings for prospects before signing up. I believe that requiring a seven day waiting period prior to registering is a disservice to those who want to get started immediately. We don't encourage people to register immediately, but feel there should be the opportunity for prospects to do so if they wish. If people are excited about an opportunity and wish to share that opportunity, I believe they should be able to do so. I don't believe that I should have to provide individual references to prospects. The Quixtar website is available for prospects to preview, and there are many disclosures there regarding income and time frames. Also, I may not know people in the area who are also IBO's. If there is an IBO in another line of sponsorship I use as a reference, that IBO may then try to persuade the prospect to register under his/her sponsorship. Prospective and new IBO's get a chance to meet others in my organization when we have training meetings and get-togethers. I believe that providing a "litigation list" is inappropriate and burdensome, because I as an IBO may or may not know what litigation has been instigated either against Quixtar or against IBO groups across the country. As far as the income/earnings disclosure, I don't believe I should have to disclose my income to another person. My income earned through Quixtar is based on my efforts. Someone who is willing to work harder may earn more than I do. Someone who is not as motivated may earn less. I believe that by giving an average of the income earned by "active" IBO's lets a prospect know that this is not a get rich quick scheme, but that income will vary depending on the effort expended. I don't give a prospect a lot of information about my own income through Quixtar because I have not been consistent with my efforts. I would not want to discourage a prospect with my lack of personal motivation. If the FTC required me to offer prospects the financial records necessary to substantiate my Quixtar income, that would be an invasion of my privacy. Elected officials in high office are required to show the source(s) of their income to ensure there is no inappropriate influence. People in private enterprise should not be required to disclose their income to the public. We do have to give our income information to the IRS, but it is not disclosed elsewhere. I think it is important for a prospect to have information so he/she does not get involved with a "get rich quick" scheme. However, there has been sufficient documentation over the last few years regarding Quixtar and its related companies. Those in the organization with which I am affiliated have always gone forward with giving prospects information so they can make an informed decision. However, each group affiliated with Quixtar does business slightly differently. One group may not have information about other groups. To require us to obtain that information could prove a hardship, and keep us from looking for other IBO's, restraining our businesses.