|Received:||7/15/2006 12:36:46 AM|
|Organization:||Independent Distributor XanGo|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:RE: Business Opportunity Rule R511993 A little over a year ago I was blessed with very significant pain relief in my knee which has been without cartiledge since 1959. This relief came from XanGo Mangosteen juice. The amazing result prompted me to become an independent distributor for this wonderful company. My initial investment of $35.00 got me started in direct marketing that has provided me with modest additions to retirement income and many new friends who have been helped like me and many others. Thank you for protecting us from fraudulent operators, but The Business Opportunity Rule R511993 with the proposed elinination of the $500 minimum investment requirement from the Franchise Rule would unnecessarily punish our distributors. XanGo purchasers are currently protected by a very minimal initial investment ($35.00) and if any purchaser is unable to tolerate or is unsatisfied with our product a refund is readily available. For these reasons the 7 day waiting period would not be necessary and would discourage many people from trying our product. The list of nearest references also concerns me. This would be very difficult to compile logistically. The data privacy concerns with ID theft, etc. would seem to make this unwise. Please reconsider these broad restrictive rules which would punish many companies and distributors of integrity and perhaps not nab the fraudulent perpatrators anyway. Thank you for your consideration of these matters.