|Received:||7/16/2006 3:47:53 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I've been an independent businesss owner since June 2003. I am 29 years old and I thank God for this oppurtunity coming my way.It has alotted me a goal of owning my own bussiness,and plans for early retirement.I was give more than enough information before I became registerd.The same is for everyone that becomes affliated.Prospects understand that Quixtar is not a "get rich quick scheme" as a matter of fact its quite the opposite.It takes work to make any bussiness grow.Through the information given to prospects it shows that there are no guarntees of sucess. Prospects spend between $155-$200 to registar with a complete money back gaurntee. I believe imposing a seven day waiting period would be destrimental to someone who is already excited about opening there own bussiness the have to put up with negativity for seven days would wipe them out.Causing sponsirig rate to go down.Income to drop profit loss.IBO's ability to registar friends would be after 7 days excitment level goes down people loose interest.I feel the sugested rule for ibos to give names,address,numbers,to potential prospects would be unfair and dangerous.Reason being prospect may reconize some name off the list and not like that person for reasons yet to be known and decide not to get in business. Or he may see a old buddy name on the list and get in business with that person and not you.And worst senario the prospect gets information and does something unethical with it.When a new ibo is registared he meets the team of ibos who will mentor and work with him.A rquirement for a litigation lis to be handed out is redicolus.Every charge brought up would stongly be a deterent for future ibos to get in business with us.A disclosure for every example is unfair especially if your business is still getting off the ground.Unless being investigated by FTC or any state agencys.