|Received:||7/15/2006 2:53:18 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO for 2 years. The association (people) I've found in Quixtar is extremely positive. Before registering, I received plenty of information to make an informed decision. I do the same when I register prospects. I make it very clear that this is no "get rich quick" deal, and guarantee them nothing but my efforts to assist them on this endeavor. The prospect spends $150 on the average, including the optional product pack when registering. I tell them it is fully refundable within 6 months of registration. I feel the mandatory 7 day wait period is unnecessary. This would only frustrate new IBOs from getting a firm start in their OWN business. Remember, we are not dealing with firearms here, we are empowering people by helping them start their own business. The reference requirement would violate my personal privacy. Their questions should be answered by their referring team of IBOs, or they should do their own research in business periodicals. I don't believe I need to share ANY of my personal financial information to ANYONE but my CPA and the IRS! This will not help the prospect, because the prospect's earning potential is based soley upon his/her own efforts, not mine! This would be an unnecessary invasion of my privacy.