| Comment Number: | 522418-04383 |
| Received: | 6/26/2006 6:47:05 PM |
| Organization: | Quixtar |
| Commenter: | Mike Evans |
| State: | AZ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom this may concern, I agree firmly that legislation be made to keep pyramid scheme's out of the market place and we support any legislation or action towards that cause. Of course, the 7 day would cripple our direct selling bussiness. Our monthy check from the company and the monthly check of our partners involved is based on volume purchused not directly on the amount of people registering. But customers and partners can not buy from themselves as quickly if they need to wait 7 days before they can start buying. It be like getting a SAMs club or COSTCO membership card because someone reffered the place to you and you were told you need to wait seven days before you could use it. Wouldn't this hurt the retail market of these brick and morter stores. Why not legitamate direct selling companies also. Is there a 7 day wait peroid for everything invested in day trading? The order consolidation website (Quixtar) that provides our opportunity has a money back garentee plus shipping. Couldn't the a requiremnt for money back plus shipping be a solution instead of a 7 day wait peroid. Second, Isn't producing the names of 10 other bussiness owners a violation of privacy rights. My understanding that an employer can't give out the information of it's employee why is this different? Thanks for allowing me to comment. Mike Evans