|Received:||7/2/2006 9:23:37 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Being involved with Quixtar for the past 22 months, my wife and I have reached the 18% level and are currently making about $800/monthly. This opportunity has allowed us to plan an optimistic future which includes my wife having the option of not having to work. The proposed rules that the FTC is addressing would critically damage our way of doing business. Below I have explained why the new business rules would be damaging. 1. Prospect waiting 7 days to register - Not only would this be a negative for the Sponsoring IBO, but also for the Prospect. Being able to get started right away is one of the benefits to this type of business. This would slow down the opportunity for growth for any new IBO. 2. 10 Contact of other IBO's - I believe this would be a huge infringement of privacy for any IBO. The prospect has every opportunity to meet other IBO's in the area at the local seminars and workshops. This is where a relationship is developed. By the way, when a person is interviewing for a company, the CEO is not required to give 10 contacts with address information of his business partners. Why should this be any different?