| Comment Number: | 522418-07222 |
| Received: | 7/9/2006 10:53:43 PM |
| Organization: | Freelife Int. |
| Commenter: | Cindy Letour |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
In regards to the proposed Business Opportunity Rule R511993. I am writing to express my strong disapproval of this new ruling. I understand that the Federal Trade Commision is trying to protect the public from fraud but, if passed this ruling will make it nearly impossible to operate. First, the rules are a bit confusing and it creates much more work for the average operator. Secondly, the seven day waiting period will kill a very large number of potential customers, because when someone signs up, it is as a consumer of the product and to receive a "wholesale" price and nothing more. That is the majority of everyones goal. Then if that person is interested in becoming a distributor, They are required to provide Freelife Intl with a Social Security number and a start up fee of $35. If you watch any TV, you will know that this is the lowest price of most products sold today, and none of the "TV" articles are required to participate in the "seven day rule." Third, The Freelife Intl offers a 90 day, 100% money back guarantee if not satisfied and a 30 day, 100% money back on the $35 start up fee if the individual wishes not to participate. Fourth, As the rule reads, after someone signs up they will be given all information on previous distributors to whoever requests it. This would be a huge stopping block for anyone who would be worried about identity theft, and I think that would be just about everyone who uses a computer. Fifth, The ruling requires individuals to provide ten references will also put a very high hurdle up for anyone wishing to do business, either a s a buyer or a distributor. The system will need to see the ten nearest distributors in my area, for the last three years and then everyone will need to make a customized disclosure statement and send that out. This process will take far more than seven days for the average person. This system is set up to help people make extra money, if they so desire. Now this road block will only discourage a majority of possible new clients and it will put an enormous burden on current members/distributors. Sixth, The rule will demand to see all lawsuits against Freelife Intl. Today, in this sue happy world, even the best business have a host of lawsuits against them and most are dismissed, because of lack of evidence or because they have no credibility. If Freelife were guilty of wrong doing, Yes, I can see the need for this information to be made public but, if there is proof of no wrong doing, why should we be made to list every "nut" who tries to sue for a hope of "free money", and you are well aware of the countless people who make a living out of "stealing" honest business, money. I have been a member of this company for the past year and a half and have seen nothing but honest and hard working people, from the CEO to the newest recruiter. I am in support of the FTC, 100% but, this proposal will make it almost impossible to continue. The unintended "fallout" of this ruling is too much for the average, working class person to try and make a modest extra few dollars. Won't you please consider a less burdensome proposal in order to achieve your goal. Thank you for your time and patients with my letter. Sincerely Cindy Letour.