| Comment Number: | 522418-09871 |
| Received: | 7/15/2006 12:12:04 PM |
| Organization: | Quixtar |
| Commenter: | Michael Wadsworth |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been with Quixtar for 2 years. I am very satisfied with the complete honesty from the sponsors and World Wide Training group for their support, direction and integrity. I ensure all prospects understand that the Quixtar business opportunity is not a "get rich quick" plan, that hard work is required, and that there are no guarantees of success. Prospects typically spend $150.00 to register (initial registration fee plus optional product pack) They get back if they decide to leave the business about 55.00 for products. As to supplying documents for misrepresentation, fraud, securities law violations, or unfair or deceptive practices with the past 10 years, all business's have at one time or other not met the expectations of the client and have had the feeling they were not completly satisfied with their results. The information I provide my prospects about my personal income from my Quixtar business is totally true, I show what I made and spent to do busines, I explain like any other business there is going to be expenses I describe the impact my Quixtar business has made on my lifestyle. The joy I get in reaching goals, the hope for a secure future I now have. I would feel if the FTC required me to offer prospects the financial records necessary to substantiate my Quixtar income that it would be inappropriate. I do not feel that disclosing financial records will be of value as each persons income will be different by location, work effort, and products/area of sale they target. The earnings in this business are directly related to the work effort from the business owner and support given to each new business owner. My sponsor have spent hours on end helping me grow as with all Quixtar IBO's as they know if they help you succeed they are succeeding. Yes there are plenty of opportunities that are less than honest, I applaud you in doing the right thing in weeding them out, please don't harm the good to get rid if the bad.