| Comment Number: | 522418-07939 |
| Received: | 7/12/2006 1:28:54 AM |
| Organization: | VeMMA |
| Commenter: | William Grayson |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I appreciate being able to comment on The Business Opportunity Rule, R511993. This country was built by small businesses and we appreciate being part of the millions of people starting with little or nothing and developing a business helping others. We have been envolved in the direct selling industry for over 20 years. The company we are currently with, VeMMA, is the most outstanding, ethical company we have ever dealt with, and has enhanced our personal knowledge, given us a goal during our retirement years, and helped us physically. Where we appreciate that the Business Opportunity Rule, R11993 was developed out of concern for us and for our protection, it could devestate legitimate direct selling companies. To demand a 7 day waiting period would effectively dampen and could even quench the enthusiam a prospect has for our opportunity. In our Company, VeMMA, we have a full 30 day, 100% refund if you are dissatissfied in any way, and there is no enrollment fee. There is no material you have to buy, so there is virtually no risk. To make them wait a week to order their product and begin their business, would create suspision and doubt about a most reputable company. As far as disclosing the people we have seen or are going to see, this is both impractical and intrudes into our privacy. I cannot believe that any fraudulent company or person would give you a true statement. It would only hurt the ethical businesses. There are several more points that concern us that we won't address, but we ask the FTC to please reconsider the provisions in the Business Opportunity Rule, R511993 as unfair to ethical businesses and the millions of people enjoying a part-time or full-time income working from their homes. Thank You