| Comment Number: | 522418-12493 |
| Received: | 7/17/2006 10:15:43 PM |
| Organization: | |
| Commenter: | Nicole Pinnick |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello- I understand the provisions you are trying to make;however, with Quixtar, Inc., there are many provisions already in place that protect the potential prospect thru Quixtar and our IBOAI board. One, prospects can get their money back, therefore, there is no need for the 7 day waiting period. Two, eliminate the requirement to provide references. Potential prospects should know that they can check out Quixtar with reputable sources, such as the US Chamber of Commerce and Dun & Bradstreet and the Better Business Bureau. We don't get paid to sign people up.The founders of Quixtar already went thru the fire and the FTC found us "highly favorable in the marketplace." We should not be discriminated against when others are not "following the rules set." This is a FREE country and it was founded on Free Enterprise. Quixtar is the best business opportunity in our country and I believe with these proposed rules, it will weaken our country. We already have in place disclosures that show "average monthly gross income for active IBO's is $115.00" I don't think it is good to require to provide prospects with personal financial documents. This is an infringement on privacy. IBOS should possess substantiation for any claim but should not be required to disclose it except when required. Quixtar has been above board in the past and will continue to be. Please consider the above and don't punish all for something some are doing. Thank you for your time. Nicole Pinnick