| Comment Number: | 522418-10696 |
| Received: | 7/16/2006 9:01:49 PM |
| Organization: | Quixtar/Flynn Enterprises |
| Commenter: | James Flynn |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom It may Concern, We have been Quixtar IBO's since its inception in 1999. Quixtar has provided an extremely flexible environment in which we are able to understand how to make additional income based upon a well thought out business plan. When we registered many years ago we were given a lot of paperwork that at the time seemed overwhelming We are pleased to be able to provide federally mandated yet very streamlined information that outlines the business plan and gives the average monthly income of an average IBO. We fall within those guidelines normally on a monthly basis and have for years. We also know with more consistant work on our part we can make more income. We provide this information about our business not being a get rich quick scheme to all of our prospects without disclosing what needs to be kept private and personal, our own income.We share other IBO's in our line of sponsorship with new prospects as soon as possible, yet the thought of a mandated list based upon a geographic area without regard to line of sponsorship is confusing and would open the door to "hanky panky." Our prospects are aware the first night of the different options in regard to product purchase for self use and for use with their own prospects and are never required to purchase. If they do purchase products to get their businesses off and running it's no more than a $250-$300 investment. I see no point in prospects waiting 7 days before registering in the business. We make full disclosure in the SA 4400 and they are given a 90 day period in which they can return products for any reason.All people registering in our business must be at least 18 years old and most are easily able to find all the negative articles and lawsuit material they search for on the Internet.Giving out names, addresses and phone numbers of other IBO's not in our line of sponsorship would compromise their privacy and ours. In conclusion, we agree that there needs to be literature and guidelines for all business opportunities. However we feel that Quixtar's guidelines are sufficient for our type of business opportunity. Thank you.