|Received:||7/16/2006 11:03:25 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We have been IBO for 5 years and have had nothing but positive association with the Quixtar organization. We have grown as individuals as well as a couple and helped other couples grow as mature adults because of our involvement in the Quixtar business. We have achieved a level in the business that has generated over $500 extra per month. Our next goal is to create enough income to stay home with our first child. In turn, we hope to help others create additional income and give them the opportunity to do the same if they chose. We understand that prospects need to be informed before they make decisions about starting a home based business and that you need to have standards and requirements to shut down bogus business scams. But some of the proposed rules will put limitations on Quixtar and could hinder the IBO business plan from its original intent. We would like to see a few things considered before any proposed rules are finalized. 1. Eliminate the waiting period at least for Quixtar where the prospect gets a 6-month, full money back guarantee if not satisfied. Before we officially registered in the Quixtar business, we were shown the full IBO business plan and were able to meet several other IBO’s in the business. Our sponsor answered all of questions and gave us the time we needed to get started. Our business is completely duplicatable and we do the same for new people when they get started. It is not about seeing how many people we can get “registered” it is about finding leaders and people who have a dream and need to do more than they are doing today. 2. Eliminate the requirement to disclose past litigation. Why would fortune 500 companies do business with an organization that is not does not follow legal guidelines or has a tarnished reputation? All major companies have legal claims brought against them. The prospect has the ability to do their own diligence without us providing them with a long litigation list of every filed case, even if it has no merit. We are appreciative that guidelines are in place to keep business above board and give individuals the opportunity to build a home based business with honesty and integrity. By doing so, we expect that good businesses, such as Quixtar can continue to thrive and keep fly-by-the-night business and get-rich schemes away from innocent people who want to make a living and impact the lives of others.