| Comment Number: | 522418-05431 |
| Received: | 7/1/2006 5:23:38 AM |
| Organization: | Quixtar |
| Commenter: | Brian Pink |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hi, my name is Brian Pink and I think that it's great to put an end to these 'pyramid schemes' and 'get rich quick' scams, but I believe there are some clauses that will cause more problems than good for Quixtar. Quixtar has been nothing but great for both my fiance and myself. I have been a part of Quixtar for four months and have not had any problems whatsoever. Quixtar has provided enough money for the two of us to be able to purchase our engagement ring and take the next steps in planning our wedding! Here's my experience when I first started my own business with Quixtar; I had plenty of information given to me that I could legitamately make an educated descision on whether to own my own business with Quixtar or not. The cost was about a 160 dollars which is clearly described when speaking to prospects still. As far as my skepticism about what the business: It was clearly presented to me that it was not a pyramid scheme or get rich quick. It was apparent that it would take work, and that only after the work was made would I be compensated with the money. An IBO's bank account will have abundance only when there is an abundace of work accomplished. I dont agree with making a sponsor provide the list of references, or dislosing personal information about what they make. I think that these two clauses can be modified to better protect an ibo's privacy. For example, if income should be explained, is it not sufficient to say what the average ibo makes a month? About the list of references, I think it should be done away with completely. It's too personal and discloses too much information. I appreciate taking this great step in distinguishing legitament business's from scams. It will benefit Quixtar's IBO's, but the changes listed above are my concerns. Thank's for taking the time to read this, and as always, thanks for serving and impowering the buisness mind's world. Brian Pink