| Comment Number: | 522418-10717 |
| Received: | 7/16/2006 9:19:08 PM |
| Organization: | Quixtar Independant Business Owner(IBO) |
| Commenter: | Mike Masse |
| State: | CT |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been an IBO w/ Quixtar for the past 6 years.During this time we have built our business powered by Quixtar with the integity that they demand of IBO's. We have been able to create another source of income and help 100's of people have access to a terrific opportunity. The investment is low, the return on investment is terrificand we can help others actoss North America develop the opportunity to whateever level the want to acheive.When we registered and register others we provide a total package of information so they can make an informed decision.We state emphatically, that the Quixtar opportunity is not 'get rich quick" but a way to create additional income streams slowly, without jeopardizing their current job.Registration including a choice of intro product packs, is between $200-300,the product portion $130-230(which is totally refundable).This cost was a prime factor for us to get involved as it was affordable and we were spending the $ anyway at the store for the product pack.The 7 day waiting period is an issue that would be a deterrant and burden to ourselves and prospects since many times after 1-2 days they are redady to start and often have other prospects reday to start with them.If 7 days were required many people would back off and if they had to wait another week before registering another,life happens and many would fall through the cracks of this opportunity to benefit their family and others.Iwould not want to provide a list of other non-team IBO's in the local area as it would violate personal pricvacy of them and I wouldn't want my personal info given to strangers unbeknown to me.We get together socially and in business seminars so that new IBO's and prospects can get to know each other before embarking on a business together.Concerning the 'litigation list' the proposal doesn't adequately coverwhat a seeller is and it would also include filed cases which were found NOT to have merit. I find this unfair as when I buy a fFord car or electronic unit or cereal at the store there is not provided a litigation list against the mancufacturer of stated products.this make no sense.Earnings are stated to prospects with FTC approved material and income potentials.We always say' this is a free enterprise opportunity your receive in proportion to effort and volume.It is very fair and equitable.Outlandish claims don't work as the saying goes 'if it seems to good to be true" there is a catch! Giving out personal income records would be inappropriate as a privacy issue.In a 2-3 year period,using the Quixtar business model we created a business system which has netted for us between $1500-4000/month. We did not give up our professions,put non-productive time into this venture and have helped many others on the road to accomplish their goals.The President of the U.S. Chamber of Commeerce is the son of the founding families of Quixtar. This business model enables anyone with courage,ambition, and wanting to help others a chance in our free enterprise system to be in business for themselves with very little risk compared to a traditional business. This attitude made America the greatest country in the world please don't legislate our chance away in a muddle of regulations.