|Received:||7/2/2006 9:47:02 AM|
|Organization:||Metz International, Inc.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We got started in 1970, when catalog operation, to make $200 / $400 dollars a month to help pay for mounting doctors' bills. I was 47 and now is 83 years of age. Alticore Independent Business Owner over 35 years. We, wife and I, encountered none of the problems FTC is trying to guard against, for example, 1)Seven day waiting period, etc. I registered the same night I saw the presentation. It was obvious that I could not get hurt finacially, only $25.00, 1970, to get started, all money back should I decide to leave the business. Then it was obvious that any one I registered could not get hurt financially, for the same reason. To my knowledge, no one got hurt financially since I have been in the business. Conclusion, 7 day waiting period unnecessary, and would insult the intelligence of mature people. 2)Give prospects list of references, etc. FTC proposal, is violation of individual privacy. Quixtar provides a monthly publication available for prospects' review. (Personal phone numbers, etc, unavailable) All prospects will see the same business plan, and there is no guarantee they will make a small amount of money , or large amounts of money. The guarantee is ....they will have the same opportunity that we have. No favoritism, all I registered understood that. 3)Give prospects list of law suits, etc. Wallmart receives one new law suit every two hours. Yet, thousand of customers frequent the reputable store. Would you suggest that Wallmart post a list of all law suits for customers to review before shopping. Conclusion-Corporation laws suits are a personal matter. 4)Make different disclosure - different money, etc. This already is being done, SA-4400, average monthly gross income for "active" IBOs. 5)Provide prospects with personal financial documents. etc. IBOs should support` substantial earning claims. We show the prospect how the plan works. How money is earned through selling of products, etc. We do not guarantee them that they will make more money or less money than us. We all have the same plan. There is a "WORK" factor that enters into the equasation. We already keep personal financial documents, (available for review by proper authorities) and if shown to prospects, is not a guarantee that they will accomplish the same. In fact, that may be misleading, indicating they will accomplish the same. Hope my thoughts help. No doubt there are questionable business practices, in all industries. We feel Quixtar / Alticore Corporation and the IBOA board monitors the business. See Business Rules Of Conduct. If all IBOs follow these rules, there are no problems. When (if) rules are violated, there are consequences. George Metz.