|Received:||7/16/2006 10:38:01 PM|
|Organization:||Quixtar - BWW|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:1. Sir/Madam, My wife and I have built the Quixtar business for the last couple of years. This was the only business we could do outside our current profession (Engr). It has helped us tremendously to provide additional income to our family and brought us together as a family. When we got registered we were provided with all the information to make an educated decision. When we sponser some one we provide all the information and in addition to that provide all the information that the person asks for. We make sure we tell all our prospects that Quixtar is not a get rich scheme at least 3 times before they make a decision. We also discuss the registration fee of $150 with $50 for registration and $100 for optional product pack. Also we discuss the money back garuntees that Quixtar offers for business owners. 2. The requirement of a seven-day waiting period: This rule has adverse effects as it is restricting someone to excercise their right for free enterprise by restricting them to a 7 day waiting period. It prohibits legitimate business owners like us to expand our business as fast as we could. This is interference to the free enterprise system. From a business men's perspective, it would mean, I cannot account for that business or the future potential of the business till the waiting person is over. It is especially interfering when we are shooting for the next bonus braket. Not knowning what you have will not help in determining how far we need to go. It inturn effects the potential of the new prospects making money. This will have very adverse effects long term on the success of our business. When someone registers, they get the information about Quixtar, web tour of quixtar, money back garuntee's, Quixtar compendium and all other supporting documentation. They also sample some of our products from our home before they place their orders. This is more than sufficient for someone to make a decision. There is no need for additional 7 day waiting period. 3. The requirement to provide references: This is against Free Enterprise system as well. When I do the hard work, I would like for a person to register through me. Not find a personal friend or a family member on the list of references and register with them. That is stealing. Also, I would not want my address and other personal details floating around for everyone to get hold of and call me, I should expect that others feel the same way too, I respect my privacy just as others. I would like to invest my time in expanding my business and not be a spokesman. Just like everyone else, when Shane and Kristi wanted to meet other IBO's, we invited them to come to one of our meetings when they could meet and interact with other IBOs for the whole evening. We also, told them to feel free to come as many times as they would want to before making a decision. Even after getting started they had complete access to all the IBO's. 4. The requirement to provide a "litigation list": In today's business world all companies are exposed to litigation. Most companies get sued for mostly wrong reasons. More over, the bigger the corporation the more litigations they have. This would mean I need to spend my time figuring out litigations rather than building my business. Also in the internet age this information can be easily accessed from FTC or other government organizations when some wants it. I see no reason to carry it when it is avalible for someone who needs it at their finger tips. 5. The requirement for specific earnings disclosures: I discuss the earning potential and the average income with all prospects. If it is true free enterprise hence we cannot make any garuntee's on one's income. What this draft is attempting to do is make those garuntees, goes against the very essance of free enterprise. Bottomline, all prospects today get all the information they need. Please refrain from taking this draft further. It will only hurt mine and other businesses like mine. Thank you.