| Comment Number: | 522418-04422 |
| Received: | 6/26/2006 8:54:06 PM |
| Organization: | Quixtar |
| Commenter: | Zebulon Collins |
| State: | AL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To the FTC; I am deeply concerned by the some of the proposed requirements that have been listed. Though many companies have taken advantage of many people due to the lack of understanding of a direct selling sort of business. Alticor and Quixtar have a proven longstanding credibility in the business world. The idea that every prospect would need specific disclosure documents, references of other business owners, a list of allegations and lawsuits, various disclosures of person income claims, and substantiation is preposterous given the proven credibility of the quixtar and alticor corporation. Each of these proposed actions, are focused on exposing the prospective IBO to the credibility of the corporation when the real challenge and focus should be on establishing the credibility of the individual... In each organization there are a few people who operate in business ethics that are harmful to those around them and subsequently themselves. The FTC should focus on shutting down organizations which encourage the practice of referral fees for "signing-up" or registering new Business owners and also those which limit the structure that a business owner can receive refferals from. Both of these practices promote the idea, hope, and practice of someone getting paid for nothing, rather than a system where a IBO is paid on generating volume and successfully training others to do the same, while maintaining business outside established successful "legs". These organizations are fed by sign-ups and do not promote establishing long term business relationships with Customers and Downline. Private Franchising should be estblished as a seperate business class from direct selling, network marketing, or Pyramid systems, and each company that could fall remotely into the same category should be forced to rise to the standard of financial and product quality that Alticor has set for several generations. Sincerely, Zebulon Collins