|Received:||7/14/2006 6:10:19 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been a IBO in Quixtar for just about one year and I am very thankful for the opportunity I have been given. When I was exposed to the business plan, I was in a city in which I do not reside. I was encouraged to investigate this opportunity completely before making any kind of decision, I attended several meetings in a city within 100 miles of where I live and had full access to all Ibo’s to ask any and all questions. I was given a copy of the SA4400 which states the average income of active Ibo’s. I was under no pressure to accept the incredible opportunity I was offered, nor do I pressure any others. I was told that it would take a lot of work to achieve what I seen was possible with this business, but promised nothing. While I understand the FTC is trying to reduce and eliminate scams that plague us all, I feel that some of the proposed items hinder legal direct marketing business while doing nothing to stop scams. The proposed requirement of 10 local Ibo’s names, numbers, and addresses for example would create many problems, while doing nothing to those doing illegal scams. It would make my income dependent on other people that have no interest in my financial well being, but of there own. It allows them an opportunity to register those that I have spent time to find and educate about the Quixtar opportunity. It also limits the area to which is available to expand my business to areas which I know 10 other Ibo’s. The proposed seven day waiting period is unnecessary for an opportunity such as Quixtar in which there is a six month money back guarantee. The scams are just that and are not going to follow any additional regulations.