| Comment Number: | 522418-07349 |
| Received: | 7/10/2006 3:26:04 PM |
| Organization: | quixtar.com |
| Commenter: | Nancy Irwin |
| State: | NV |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Regarding: Business Opportunity Rule R511993 I have been and Independent Business Owner in Quixtar for 7 years. I provide all the government approved information required for prospects to make an informed choice. If a person is interested in becoming an IBO of Quixtar, they usually decide within 1-3 days. All fees are refundable within 30 days if the person changes their mind, so there is virtually no risk. My business would be adversely affected if they had to wait 7 days. Typically, a person spends approximately $150 to register as an IBO in Quixtar. Providing references would be a breach of privacy. Anyone can meet other IBOs at the open Business Briefings and other Meetings. Information regarding litigation information can be found on the quixtar.com website. Earning disclosures are provided in initial explanation. Personal financial substantiation would be an invasion of privacy. I do not feel that this would be appropriate. I am careful to explain that our business requires hard work, there are no guarantees and is not a get-rich-quick scheme. Please (1) Eliminate any waiting period - especially in the case of Quixtar, where money-back is guaranteed. (2) Eliminate 10 reference requirement. (3) Eliminate litigation disclosures - especially in the case of Quixtar which lists this information on its website. (4) Income disclosures are already documented in our presentation. (5) It should not be required to disclose personal income substantiation. Thanks for you time. Nancy Irwin