|Received:||7/17/2006 8:24:10 AM|
|Organization:||MS Business Partners|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:First of all, I have been involved with the quixtar opportunity for the past 3.5 years and I have never had a complaint about the integrity of the company. Also, I personally disgust "pyramid" schemes. I know for a fact that by imposing laws that restrict the quixtar opportunity will not hinder or disuade the "con artists" who currently head the typical "get rich quick scheme". The FTC has failed to realize that those people who rely on exploiting uninformed americans for profit will not recognize new FTC restrictions because they clearly are opposing the laws of the federal trade commision already and will not recognize any NEW FTC restrictions. The only real cause and effect of the proposal is that those law abiding citizens who rely on the quixtar opportunity will suffer. I have been able to reach the 1500 PV bracket november of 2005 and earned over $1000 that month. For a young man of 21 that is very serious increase of income. In the near future I plan on working harder than ever to reach my financial independence and retire by the age of 23. Asside from the income I have been blessed with upline mentors who no only help further my quixtar business, but help with life problems as well. They have been such a positive influence in my life, I could not imagine life without them and the quixtar opportunity. I was registered by a personal friend who then introduced me to the mentors that I now work with. Not only did I find all the information helpful, but I was provided with sufficient information to make an informed decision. When I sponsor others I do let them know anything they want to know. I make it very clear that this is not a "get rich quick" scheme. As a matter of fact before I even offer the quixtar opportunity I qualify each person based on their "goal for financial independence", "common sense", and "work ethic". I clearly state that this opportunity will take dedicated hard work and a significant time dedication. And finally when they do get involved they usually register and choose the information packet. They are also informed clearly of the money back garantee. As for the specific issues, the 7 day waiting period will slow down my business and thus negatively infuencing my ability to provide for myself and my family. Not to mention that they have the ability to get every cent of their money back if they are not satisfied with the opportunity. I feel that there is no need to provide intrusive IBO lists to prospects. I do not wish to provide my information to other people's prospects either. It would compromise the privacy of myself and my family to other people's prospects who I have not met personally and therefore do not trust. I disagree with the 7 day waiting period, the reference list, the litigation list, the earning disclosure, and the requirement for financial substantiation. Our courts are filled with cases that have no merit, because the laws have allowed the "con artists" of life to take advantage of those law abiding citizens or organizations such as quixtar who have a large "target bank account". In my personal experience the only things that I needed to know before registering was that my sponsor did not profit until I profited. which is the case with the quixtar opportunity. Registration was aproximately $125. This and about $50 a year is the only investment I have had to make to own my own business. 125 dollars?!? I spend more than that in one night out with a date. I think that this proposal is useless. As I mentioned before, the people that you are trying to "shut down" with this proposal will not recognize and follow these rules. This proposal will do nothing other than restrict my business, and hinder my ability to provide for my family. Period.