| Comment Number: | 522418-08524 |
| Received: | 7/12/2006 10:59:12 PM |
| Organization: | Quixtar Independent Buisiness Owner |
| Commenter: | Ronald Virnala |
| State: | MN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Waiting Period. I propose that his be dropped entirely. Should this be pushed to have one then I propose a 24 hour waiting period be optional. You have proposed that all information be given to the prospects at he intitial meeting, if this is adhered to a waiting period is not needed. References; I propose that this proposal be dropped. This would be very cumbersome in any presentations time. Lawsuits, Here is the area that would become very time consuming and would not be in the best interest of the prospect. They would be seeing items that maybe not be correct view of the company that is being presenting to them. You and I both know that some lawsuits are only because he/she had a bad experience or they are simply lawsuit happy. Income disclosure; This proposal is asking that very question. I propose that every business plans include the following, "average monthly gross income for 'active' IBOs." This will cover what you are proposing. Personal Financial; Would you show me your W 2 form for last year? I are probably saying right now, No way. Thank you for your time. Ron D. Virnala