|Received:||7/17/2006 6:00:44 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We applaud your efforts to "clean up" scam artists. However, we want to opererate our business on a level playing field. Our operating procedures have been in effect for many years, and they have worked very well. To place the proposed changes in our business procedures would seriously hamper our growth potential. If a new IBO's are dissatisfied with their membership in any way, we will honor their membership cancellation request and reimburse all fees. To require a seven-day waiting period before a prospect could register, places us under a severe handicap. Interst in any new venture wanes after two or three days. We could lose many potential IBO's if a seven-day period it put in effect. To require IBO's to give 10 references in the area is not reasonable in our business. Our business opportunity is nation-wide. We live in Indiana, but may meet a prospect in California ,we most likely would not be able to provide any IBO references. Also, we would not be able to remain their for seven days for them to register. Their is a lengthy start-up (training phase) that must be considered. It would be most difficult to do all this by mail/telephone. Quixtar publishes the income claim for each of our levels of business. We have to rely upon them for "substaniation." Remember, we are independent business owners. We are not privvy to other IBO's business records.