| Comment Number: | 522418-07838 |
| Received: | 7/11/2006 9:03:54 PM |
| Organization: | Quixtar - Britt World Wide |
| Commenter: | James Kenny |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I think this is a great proposal and should be made a requirement for all MLM companies. I have been a Quixtar IBO since 1991. I was active and achieved the level of Platinum before going inactive in 2003. I stopped building the business because of the fraudelent nature of the Quixtar Motivational Organizations. While I think Quixtar itself is a legitimate business opportunity it is impossible to get away from the AMO's. The AMO's, in my opinion were created solely to be another form of income for the big pins. They are able to fly under the radar of the FTC by being affiliated with Quixtar. In this way they can push their books, tapes and functions business on unsuspecting IBO's and make significantly more money from these endevours than they do from the actual Quixtar business. I decided to go inactive when at the Platinum level I started to become privy to some of the backroom shinanigans that go on. They way they deceive people into spending excess amounts of money that many of these people do not have to spend is totally fraudulent. I saw good people going deeper and deeper into debt at the counseling of their upline. When I started to tell people the truth and that they should not spend money they could not afford to spend I was blackballed by the organization. I decided that rather than fight them I would simply walk away and warn everyone I knew who was involved as to what was really going on. I would be more than happy to discuss this in more detail with someone at a later time. Thank you.