|Received:||7/14/2006 11:38:26 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Quixtar business is a great business opportunity, run by transparent management. I see this business as helping my family with a secure financial future and great environement to run my business. It is the heart and soul of my financial plan and is a very legal business. 1. Quixtar always has a money back guarantee for prospects and has stood by it all the time. Past prospects I worked with were very satisfied by the way Quixtar handles returning the money and its ethical behaviour. Waiting for 7 days hurts an IBOs business as they lose momentum and is a waste of productive business building time. Growth of networking business revolves around immediate success to the prospects followed by a sustained growth. 7 day wait time would be detrimental to current business owners and also the prospects. 2. Providing a list of 10 references, would open up the privacy of the business owners, which is very sensitive information. I will also lead to competetion between Direct selling business owners to 'Take Away' others IBO's. This also invites other privacy issues. This would also create a desire for IBOs to selfishly fight for other IBO's prospects. 3. So, kindly Eliminate the requirement to provide 10 references. 4. 'Walmart' doesn't provide its customers a list of lawsuits it has before the customer is allowed to buy from there. Companies don't provide their employees a list of law suits they have before hiring. This rule, would hurt honest, true corporations like Quixtar which strive to raise the quality of Excellence all the time. Prospects should use their own discretion and resources to qualify/check-out the business. They need to go to BBB, FTC and consult lawyers to get an input. Law suits are bound to happen when people are involved. This should not hinder a sharp prospect from chaging his/her financial future by looking at a credible Quixtar business. This will also give a chance to dishonest companies to simply ignore the rule. 5. Income disclosures don't mean much as income generated by IBOs depends on their individual efforts, situation in life and how serious are they about the business. Plus, for some it would take a few years to set up a successful business and for others a few months. Either way is fine. Plus current income is no way a 'Good indicator' of future income potential for an IBO. If disclosures are needed, require a simple, standard, easily understood disclosure such as "average monthly gross income for 'active' IBOs." 6. IBOs should possess substantiation for any claim but should not be required to disclose it except when required by the FTC and similar state agencies in an agency investigation. This makes an IBOs life easy and helps him/her to focus on their business. As a IBO for Quixtar business, and having seen the honesty, ethical nature and excellent support from Quixtar corporation, it is requested not to penalize legal business owners. Quixtar is the best business opportunity backed up by good people.