| Comment Number: | 522418-09111 |
| Received: | 7/13/2006 11:16:48 PM |
| Organization: | |
| Commenter: | Satterfield |
| State: | GA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My husband and I have been IBO's for 3 years and we are finishing Q-12 Qualification at the end of this fiscal year. Quixtar has been an awesome avenue for my husband and I. We enjoy all of the wonderful products that we have access to, but more than anything, the one-on-one mentorship with honesty and integrity. As far as our personal experience with the registration process, we received more than enough information to make an informed decision and we continue to do the same for prospects that we choose to bring on. We were also informed that this is not a "get rich quick" program, that it would take work just like starting any other successful business model. Our upline made it clear to us that we are Independent Business Owners and that it's up to us to be successful but at the same time, they're there to help! Prospects who register typically spend under $150 which includes the Bundle of Energy Pack. All of the money is refundable if they are not satisfied. A 7 day waiting period is not necessary. A huge part of the reason why my husband and I's business is really booming right now is because of the fact that we, as well as our upline, have been getting people started with everything as soon as possible; which creates excitement and profitability right away. Other businesses are not required to wait 7 days. Having a 7 day waiting period would not only hurt sales with Quixtar but also keep people from earning a profit quickly as opposed to a 7 day waiting period. We believe it is unnecessary and unfair. We also do not agree with having to give a list of references. It is an invasion of privacy. At our weekly meetings where the business plan is shared, prospects have many people to talk to about their experiences with Quixtar and the business team. Any disclosures, if needed, about income claims should be kept simple for anyone to understand. A list of lawsuits is also something we see as unnecessary. For instance, this would mean that we would need to provide them any lawsuits, whether they are true or not. Other businesses are not required to do this. In addition, we provide prospects with the correct information they need to make an informed decision. Everything and everyone has something negative and positive for that matter, about it or the person. You can find information of anything anywhere but the difference is that we give credible sources! Nothing or no one is perfect. In closing, we feel that being required to do such things would affect Quixtar and the business team in a negative way. We were drawn and continue to draw closer to the business model and the business team because they were so up front with us in the beginning and presently. They have honesty and integrity in everything they do and we feel, as being a part of both, that any of these changes are not necesssary and WOULD NOT create a positive impact.