| Comment Number: | 522418-05050 |
| Received: | 6/29/2006 12:17:18 PM |
| Organization: | Homewood Enterprises |
| Commenter: | James Homewood |
| State: | GA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been a Quixtar/Amway IBO since 1983. In over 23 years of business, I have personally witnessed the Quixtar organization make every effort to present a clean, reputable business model. Indeed, the FTC has gone on record as stating that the former Amway Corporation (Quixtar) is perfectly leagal and legitimate, and is not a pyramid. Quixtar is the very model of how a business opportunity should be presented to the public, and to prospective business owners. To enact the proposed new business rule would punish the businesses that are already doing it right. Can you find a way to rewrite such a new rule as to not propose a new waiting period ? Such a period makes legitimate business opportunities sound like they are lumped in with the scam artists which you are trying to weed out ! Please consider the responses from legitimate businesses, such as Quixtar, before going too far, too soon. Thank you. Sincerely, James Homewood