|Received:||7/17/2006 12:01:25 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am an IBO powered by the Quixtar opportunity, after reading the new FTC proposal, i have come to realize that by putting this proposal into action will greatly affect my business and millions around the world. Prohibiting prospects from registering as IBOs until even days after see the business plan, will hurt our business expansion extremely do to the fact that live do take a tone on people, and people will forget half the information and most importantly the excitement that they feel after seeing the opportunity. Having to give every prospect a list of references of 10 IBOs in the area is a bit over the edge. The process of registering the prospects is long all ready by doing this will even hurt our businesses greater. By giving the prospect a list of lawsuits, arbitrations and other legal claims from the past 10 years should not be because, let me ask you a question, do you know all the lawsuits, arbitrations and other legal claims against your company that you work for. There are lawsuits, arbitrations and other legal claims that are not very true about Quixtar, does that mean that you don't business with them, i don't think so. In that case there wouldn't be a lot of businesses running today. I recommend that rules should not require a seven-day waiting period before a prospect could register. There should not be a waiting period at all. I recommend that the rule should not require IBO references be provided to prospects, and financial records to be disclosed to prospects. I also recommend that the rules should have a reasonable cancellation policy.