|Received:||6/29/2006 4:08:34 AM|
|Organization:||Collins & Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:PERSONAL TENURE My wife, Carolyn, and I have been Independent Business Owners (IBOs) with Quixtar Corporation for 30+ years and we have achieved all the goals we set both personally and financially. Carolyn was able to leave her Cosmotologist career to stay home and be a full time mother to our only child who is also an IBO. The income from our business supported the lifestyle we have enjoyed while affording us vacations and trips to places we would otherwise have never seen. Our goals for the future inspires us to share this great opportunity with many other people who deserve to work and earn the success in their own independent business. The Quixtar opportunity provides adequate information to inform new prospects of the income opportunity, the responsibilites of all parties, support at all levels, benefits, and potential obstacles. There was no hidden secrets, deception tactics, false claims, income inflation, avoiding questions, or over-stating in the compensation plan, product offering, company programs, ownership, gaurantees, or leadership. We were given ample time to review all material, get answers to questions, have confidence in everything we heard or saw. We have always duplicated how we were registered and we continuoulsy monitor down-line IBOs to insure the process stays intact. QUIXTAR CREDIBILITY Gave support to individuals with special needs. Donated to disaster areas globally. Contributed to national educational institutions. Represented benevolent organizations financially. Hosted social and community groups nationally. ISSUES THAT CONCERN US A 7-day waiting period for a new IBO to register a new down-line IBO is completely unnecessary and deny a new IBO potential income. There will be times when a newly registered IBO will register a new IBO down-line who will also register a new IBO down-line making a leg 3 deep within a 7-day period. The 7-day period will force the same possibility to take 21 days which will discourage a new IBO from registering in the first place. This would discourage family members and friends from wanting to register as down-line IBOs under the new IBO. From our experience people cool off when there is a lapse in time but when several IBOs quickly register in a single down-line, the excitement generates more growth for everyone to benefit financially. It would be disasterous to encourage prospects to contact other IBOs which will impact an existing rule critical to protecting each IBOs business called Cross-Lining-Rule. This would also be in direct violation of personal privacy and should not be considered in any form. We would not want our name, address, and phone numbers be available to other prospects which violates our privacy rights. Prospects have ample opportunity to meet and talk with other IBOs at monthly scheduled meetings which is permissable with IBO sponsors present. The Quixtar Corporation already has in place adequate rules, programs, and arbitration procedures to resolve potential litigation issues with sellers and additional litigation with cases over the past ten years is a waste of time, money, and resources. The average monthly IBO income is reflected in SA4400 that every new prospect will be shown. We would be highly displeased if we were required to submit our personal income to a new prospect which violates our personal privacy. This requirement would be unprofessional due to appearing as flaunting what we earn and it will definitely discourage a lot of prospects from registering. Most people are intelligent enough to see and know when someone is successful by their lifestyle. There are IBOs close to us who know we earn a substantial income without us giving them any figures and they tell new prospects when asked at the monthly meetings. It would be a disasterous decision requiring us to offer new prospects our financial records and be totally inappropriate due to personal privacy.