| Comment Number: | 522418-11847 |
| Received: | 7/17/2006 3:57:29 PM |
| Organization: | |
| Commenter: | Dianne Moore |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
FTC, To whom it may concern; 1st I would like to start by telling you. My husband and I have been IBO's for about 6 years. In this time we have meet numerous goals that we have set. For example my husband was self employed with a small construction bus. working 16 hrs/day to retirement on 7/10/06. Thats 15 to 20 years early. Had it not been for our Quixtar bus. this would not have happened. This is a wonderful business to be involved with. Its not only the money. Its the personel development system and the mentoring that is second to none. I would like to address some specific items. The 7 day waiting period. We all as IBO's provide enough info. to prospects to make a very infomed decision as to wether they want to get involved or not. By waiting 7 days the prospect will be asking friends and family what they think about this busines. They will get mis-information and uninformed oppinions. Which will lead to a negative response. If you will do some research over the last 100 years you will find that great wealth was made on emotional decisions right then not by waiting 7 days. #2. requirment to provide references. This is plain and simple. I would never give out names, addresses or phone #s to anyone. Nor would I allow anyone to do that to me. This would surely involk a lawsuit involving the privacy act. If we were forced to do this more law suits would follow. #3 litigation list. The only fair way to do this is if there has been a judgement in a court of law. If I occouse the FTC of commiting fraud does that make it so? #4 Specific earnings disclosures. We already share right on our contracts the average monthly income of IBO's. There will never be 2 IBO's with exactly the same income this proposal would be impossible.#5 Requirment for financial substantiation. First of all we never lie or exagerate our income from our Quixtar bus. 2nd we are not a corporation where we have to disclose our earnings to a board of directors or shareholdes. This is a private income and it should remain so. Sencerly The Moore,s