| Comment Number: | 522418-06647 |
| Received: | 7/6/2006 11:11:51 PM |
| Organization: | |
| Commenter: | Kim Ward |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello and good day, I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing as an Amigo Health Distributor and destroy my small business. Originally, I started my business because of the products, plus I wanted to earn some additional money with them. Some of the sections in the proposed rule would make it hard or almost impossible for me to sell my Amigo products. This waiting period will give the public the idea that there's something wrong with me or our plan and also reflects badly on me. I also think this seven-day waiting period is unnecessary, because Amigo Health already has a 30 day MBG. One of the most difficult sections of the proposed rule is the seven day waiting period to enroll a new Distributor. I know that when I found this company, I wanted to start the business right away, and receive my wholesale products quickly. I ordered, and my product was there within 2 business days. I should have the right to a quick delivery if the company offers it. It only cost 59.95 to join Amigo Health. People buy TVs, cars, and other items that cost much more than that and they don't have to wait seven days. Under this waiting period requirement, I will need to keep very detailed records when I first speak to someone a prospect and will then have to send in reports to my company. I am a small home business and this burden will hurt or destroy my business. This proposed rule is not fair. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I am glad to provide references, but in this day of identity theft, I am very uncomfortable giving out the personal information of individuals (without their approval) to strangers. Women in my organization may be subject to sexual or racial harassment so this part can't go in at all, unless the FTC passes an addition to this rule Prohibiting sexual or racial attacks related to this disclosure. In the end the rule must bind the FTC to take direct enforcement action on sexual and racial attacks with a special unit assigned to monitor actions related to the disclosure forms. I have seen many scams on the Internet and been approached by many crooks because of my success. This rule will do nothing to stop them. They will just hurt my business more! This rule will not stop crooks, they violate the current rule all the time. This proposed rule will hurt good law abiding citizen's though. Thank you and please help, Sincerely, Kim Ward