|Received:||7/14/2006 7:19:47 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Dear FTC, I have been an IBO with the quixtar business model for 6 years. No finer example of integrity and ethical operation have I ever found. My wife and I have earned a small amount of income, primarily as wholesale purchasers. We have learned to be debt free, more secure in our relationship with each other, and more effective in raising our childern because of the affiliation. We are now using the Quixtar business model to create a long term revenue stream for our retirement, and to help others get debt free. I applaud your efforts to free the industry of fraudulent business operations. You will also succeed in diminishing the function of our business with the proposed rulings. They are complicated and restrictive to such a great extent that our futures would be altered immeasurably. The 7 day waiting period, for example, will disarm and diminish the ability we have to help people to get going. Isn't it interesting that we would have to wait seven days to get a positive, ethical business up and running, and yet wait only 3 days to buy a handgun! We have a 100% money back guarantee. And what would keep those unethical people from pre-dating whatever it would take to verify the 7 day wait, and register the prospect instantly? The fundamental challenge here is you cannot legislate ethics( or morals for that matter). The idea of providing references infringes on all kinds of privacy issues. We give every chance for new prospects to meet others in open and casual settings in which they can ask their own questions, more often than not, before they sign up. This takes place in public settings, private homes, and convention halls. Proposal: Include the legal definition of a Pyramid Scheme in understandable language. Let the Prospect evaluate the opportunity for themselves. The proposed idea of providing all the lawsuits and etc. to the prospect would leave me with the burden of explaining allegorical infomation about situations that I know nothing about. Quixtar has always disclosed all that it has and than some. We have the listing of the BBB in the home state of Quixtar. People can go there to get the info. Please do not burden us as IBO's with the red tape and don't make us do your job.We would be overwelmed, restricted, and devastated by these regulations. I believe that Quixtar and it's affiliated INDEPENDENT business owners are the model for you to follow in determining what should be done. I applaud your efforts to clean up this industry. We are not the enemy, we are the solution in this country. Let us do our jobs and enjoy our freedom to control our own futures with our sweat equity as OWNERS of our own business. Do not overburden us with unnecessary regulations. Thank you for hearing us.