| Comment Number: | 522418-08452 |
| Received: | 7/12/2006 8:35:39 PM |
| Organization: | |
| Commenter: | Don Hand |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The rule should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. Should provide a reasonable cancellation policy..Should not require a seven-day waiting period before a prospect could register. Should not require IBO references be provided to prospects or disclosure of past litigation. Should not require financial records to be disclosed to prospects. In support of the position that every prospect should have the information needed to make informed decision, but against specific provisions of the FTC proposal that would penalize honest Independent Business Owners and cripple their sponsoring efforts. My wife and I have been with Quixtar three years and four months. Our goals have been to help others achieve their dreams. When we registered, we received enough information to make an informed decision about whether to register or not. Whenever I sponsor others, I provide the same information. They know this is not a "Get Rich Quick Program", that hard work is required, and there are no guarantees of success. They learn this information by mentoring and leadership information. Before we register new IBO's, I tell them upfront how much it will cost..Our Team standards is $340.00, this gives them core products to eat, drink, take and sample. Our money back guarantee is,product 180 days and 30 days on registration..A WIN WIN program that works..