|Received:||7/17/2006 2:21:50 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My husband and I have been IBO's since Quixtar launched on September 1, 1999. We joined the business because we saw it as an opportunity to build financial security after retiring from our jobs. We were told that this is not a "get rich quick scheme" but that if we were willing to work hard and follow a simple system, the income potential is great. Since we were given a copy of the Business Plan and was told that there was a money back guarantee, we got started the same day we saw the plan. Many of our prospects also get registered the same day or shortly thereafter. To have to wait 7 days serves no useful purpose, since there is a 6 month money back guarantee. During a 7 day waiting period of a prospect who wants to get started, it would be necessary to provide CD's and other form of education to keep the prospect focused on the merits of being an IBO. This could be very costly. Also, this delay could prevent the prospect from getting started and earning income quickly. This business is based on performance, therefore showing my checks could be very misleading. The integrity of the business would also be in jeopardy. Example: Prospect A is very interested but has to wait 7 days (proposed) He is then given several CD's, product samples, a copy of my checkand a list of litigations.. Prospect B (from a different IBO) saw the Plan and receives the same material as Prospect A. They compare notes. They both would probably want to be a part of the team with the largest check. This would be totally unfair to the IBO that is already investing time and money into Prospect A. This business is absolutely the best opportunity in every respect. It not only rewards you for your performance but it also provides a phenominal self improvement program that is optional. This is our only shot at becoming financially independent.