| Comment Number: | 522418-03180 |
| Received: | 6/17/2006 10:08:47 PM |
| Organization: | XanGo, LLC |
| Commenter: | Barry Comeaux |
| State: | NV |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
RE: Business Opportunity Rule, R511993 Dear Sir or Madam: I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing as a distributor for XanGo, LLC. I have been an XanGo independent Distributor for more than 2 and a half years. I started using the product XanGo after a friend recommended it to me, I found that it was helping my wife and I. The opportunity enabled us to quit our regular jobs and make a full time income which now solely supports my wife, 3 year old daughter and I. I would ask that you please prohibit this new rule to go into effect because it would destroy our only source of income. I don't understand why a general blanket policy is even being considered that will destroy all that we and thousands of others have worked so hard to build! Some of the sections in the proposed rule would make it hard or almost impossible for me to market the XanGo Product and therefore continue with business. This waiting period will give the public the notion that there’s something wrong with me or our plan which also reflects badly on me. I also think this seven-day waiting period is unnecessary, because XanGo already has a 100% buyback policy for all products. One of the most difficult sections of the proposed rule is the seven day waiting period to enroll a new distributor. XanGo sales kit only costs $35.00. People purchase TVs, cars, and other items that cost much more than that and they don’t have to wait seven-days. Under this waiting period requirement, I will need to keep very detailed records when I first speak to someone a prospect and will then have to send in reports to my company. This really will hurt and hinder the business process, this proposed rule is detrimental to us and all that we have built! Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I am glad to provide references, but in this day of identity theft, I am very uncomfortable giving out the personal information of individuals (without their approval) to strangers. Women in my organization may be subject to sexual or racial harassment so this part can’t go in at all, unless the FTC passes an addition to this rule Prohibiting sexual or racial attacks related to this disclosure. In the end the rule must bind the FTC to take direct enforcement action on sexual and racial attacks with a special unit assigned to monitor actions related to the disclosure forms. I have seen many scams on the Internet and been approached by many crooks who follow deceptive business practices because of my success. This proposed rules will do nothing to stop them, in fact it will hinder my business and thousands of others more than crooks could possible ever dare to dream of. This rule will not stop Crooks – they violate the current rule everyday. I on the other hand am just a good American citizen supporting my family with a legitimate business that I believe helps people. I thought the reason America was built because we wanted to have the freedom to build it ourselves. Not to be stifled by losing our rights because of criminals who use decpetive business practice. I am sure there is an alternative that can be introduced that will not affect those like us who provide fair and just services! Please understand what I am saying to you in this email. Please help us stop this proposed rule that I believe has the potential to harm thousands if not millions of innocent lives! This rule would do more harm to more people, than good. Sincerely, Barry Comeaux