|Received:||7/15/2006 11:09:55 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:To Whom It May Concern, We have been Independent Business Owners in the Quixtar Business for 5 years. We have reviewed your proposed rule. The Quixtar Corporation conducts business with honesty and integrity. Our goal as IBO's is to allow the everyday American family the opportunity to participate in the American Dream. We appreciate you protecting the public from fraudulent businesses that operate through deception, but the Quixtar business is a First Class Organization and there are some proposed rules that would impede our progress as IBO's. The proposed waiting period for prospects can be eliminated, especially for businesses like Quixtar. We allow each individual that becomes involved in our business a 100% money back guarantee for 6 months. The requirement for 10 references should also be eliminated because it takes our credibility as knowledgeable business owners. We do not sell our business opportunity....we share it and give the prospect the opportunity to make an autonomous decision. Regarding litigation disclosures, 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. If disclosures are needed, require a simple, standard, easily understood disclosure such as "average monthly gross income for 'active' IBOs." Once again we appreciate your effort in protecting the public against illegal business practices, but our experiences with the Quixtar corporation have been GREAT .