| Comment Number: | 522418-04463 |
| Received: | 6/26/2006 11:20:16 PM |
| Organization: | Liberty IS |
| Commenter: | Matt King |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Please consider some sort of rule exceptions for companies like quixtar. The current rules are great to stop small schemes, but for a billion dollar company to have to follow these rules, which many are nothing more than proving to the prospect that they are in fact a real business, seems redundant. Personal income proof, past litigation, references, and a 7 day waiting period, should be waived completely for a company with partners such as Disney and Barnes and Noble. The partners, the revenue, and the pure numbers of current business owners must allow for a proven, established company to be able to operate without these road blocks. Thank you for helping to eliminate bad businesses, but we ask to to allow the real businesses to continue to flourish unhindered.