| Comment Number: | 522418-12482 |
| Received: | 7/17/2006 10:10:16 PM |
| Organization: | Christopherenterprises.net |
| Commenter: | Decia Christopher |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My Husband, Kevin Christopher and I have been in the Quixtar for one year and have helped seven persons to start there independent businesses. We received bonuses up to 15%. Our next goal is to help another eight persons to set up there own business and acheive bonuses at 75%. Starting our own business has allowed us to be able to spend with people that believes in us, appreciate our efforts and also afforded us the vehicle that will allow us to realise or dreams and aspirations. We have grown in that the system that is in place, allowed us to become better persons and highlighted our hidden potential. Our children have been tremendously impacted, in that we are able to provide them with better education, spend more time with them and take them to places they would never have able to visit. When we were registered, we received enough information to make a quality and informed decision. We were initially informed that the Quixtar business opportunity was not a "get rich quick" plan, that hard work was required, there is no guarantees of success and there is no obligation. This is duplicated in and throughout our business. In making our voices heard regarding the FTC adopted rules, we would take to say that seven days is too long a period to waid before getting registered. We have introduced over two hundred prospectives to this business opportunity and most have decided not to get registered because they decided to wait for over the 48 hours follow up period that we allow. The persons who decide to register is the persons that usually, agree to follow-up within the 48 hours period. We are simply saying that 7 days is too long a period to get registered. If persons take seven day to register, and their prospect takes seven days to register, this would put alot of pressure on the profitability of our business in that if we show ten plans over a short period of time we are expected to register two new business owners per month. This seven day period would definitely lenghth the time which we want to achieve our goals. Regarding the requirement to provide a list of 10 IBO's in our area. After we have doing the work of providing enough information to a prospect to make a informed decision, we are to send them to get information from other IBO in our area? This would be a threat in that person could decide to go with another IBO because of this reason. This would be very unfair. Other IBO would not feel that their right are being violated when there personal information such as name, address and telephone numbers are given out. There are rules that govern how we associate with other IBO and how information is passed. Most IBO usually associate with other IBOs at major functions and seminar and that's were you learn about each other. Providing a litigation list for the pass ten year I believe would be gathering a massive amount of information which would include a list of litigation involving quixtar itself as well as the entire IBO force across the country. This would not be limited to cases found against the seller but even filed cases with no merit. I am against this form of disclosure Christophers