|Received:||7/16/2006 3:54:27 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My spouse and I have been affiliated with the Quixtar and the Legacy Business Group LLC since their inception. Our personal experiences with this business are that we have grown both as a couple and individually over the last few years by using the products associated with Quixtar and personally with the business support materials, seminars, conferences and friendships formed with the other Independent Business Owners in Legacy. We have seen our business grow as a result of our association with Legacy and Quixtar and our support team from starting at $0. income to reaching our goal of over $100. dollars a month. Our next goal is to achieve an income of over $500.00 a month and from there we have made longer term goals of being financially free from our 9-5 jobs. We disagree with the proposals for the following reasons: This is a totally ethical business with a ironclad money back guarantee. The 7 day waiting period would restrict both ourselves and our prospects from growing the business in a timely manner. Requirement to provide references: The potential of losing prospects to other IBOs or their potential of losing their prospects to us is unfair. We did the work, we should reap the benefits. Regarding having our new prospect/potential IBO meeting others in our organization: We have a weekly meeting in a nonthreating environment such as a restaurant to introduce and discuss any questions the new person might have regarding the business opportunity with us and with our support team and Legacy provides an introductory meeting where prospects have an opportunity to see the presentation again. The requirement to provide a litigation list: This could be read to mean we would have to provide a list of any/all litigation including cases that have no merit. What store or franchise that you walk into today has that handout readily available to give its customers? Why is this business being treated differently? The disclosure SA-4400 covers the average monthly gross income of an ACTIVE IBO. This business is based on peformance and not on a hourly income or salary. The disclosure states this and also states that since the income is performance based, their income could be higher or lower based on their activity level. Requirement for financial substantiation: We do not provide our personal financial information to our new prospects as it could limit their potential. We also regard our income as private information and an infringement on our rights if we have to disclose this information to not only our IBOs but to anyone wanting to see it.