|Received:||7/6/2006 4:01:39 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:To whom it may concern: My husband and I have been registered Independent Business Owners with the Quixtar Corp. for just over 2 years. This business opportunity has been one of the most positive things in our lives for not just financial growth. Married over 30 years, my husband- a former Marine, physics major, engineering background and in Corporate America for over 30 years...had started a small machine shop in our home to supplement our income for retirement when we saw this opportunity. After careful consideration we saw, through this opportunity,not only the potential for the financial security we were looking to build, but a copporation that supported and fostered the moral values and business ethics we sadly thought were lost in America today. Things we both hold very dear. From the very beginning we were encouraged to do quality research, meet the people in the local team and to get all our questions answered before making a decision. The information we were provided not only completely spelled out the business plan, but provided answers to questions such as potential compared to performance and results of average business owners efforts. Not once were we led to believe it was a "get rich quick" scheme. We saw that the business comcept was up and coming but definitely required work. There was never any pressure to register as it was clear that benefited no one. The training and support we receive through the business education system is second to none. We are continually encouraged and taught to duplicate those ethical procedures with our prospects that were put forth when we were considering the opportunity and newly registered. Potential is actually described at a minimum (following FTC guidelines) compared to what we know and see is attainable so as to not over blow the possibilities. We have seen amazing growth in our own organization as well as so many locally and beyond. It is a complete level playing field. You get rewarded for the work you put in. My husband and I are completely comfortable with the information we give when talkig to a prospect because we've seen that the information is true and accurate. Those we sponser spend between $49 to much less than $250 at the time or registration depending on what they choose to order at the time of registration. It is explained at that time that whatever they spend at the time of registration is 100% refundable within 6 months should they decide the opportunity is not for them. The requirements put forth in the FTC proposal may be necessary for those "businesses" that are out to "get" people but we can see them as so unnecessary and actually harmful to the Quixtar business opportunity. We would not be comfortable, at all, with providing existing registrant's personal information for someone else's use. That's a violation of privacy. Earnings disclosures, in my opinion, are another form of a violation of privacy. With the quality of information provided to the prospect in the presentation as well as the government links we give for them to do quality research before making a decision...we feel there is a level of responsibility on the prospect to make an educated decision. The "Litigation List" is absurd. Do corporations in traditional businesses have to supply that information to prospects? Again...we took responsibility for researching the Quixtar business opportinity ourselves and felt it was little or NO risk based on the quality of information provided. If there needs to be checks and balances put on those unethical businesses out there, it should not penalize those who are providing entrapenures (which is what our country was built on) with moral, ethical and rewarding opportunities and I feel the proposed guidelines would more than hurt those in good standing. I also question just WHO is proposing this, is it really to protect the prospects or is there a hidden agenda? I'm hoping for fairness to prevail. Sincerely!