Comment Number: 522418-10970
Received: 7/17/2006 12:32:36 AM
Organization: Quixtar
Commenter: Brenda L. Bass
State: LA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

To Whom it May Concern: I have been an IBO for approx. three years in the Quixtar business. We have set many goals within our business and made the ones we strive for. This is not a get rich quick scheme and takes hard work for the process to take place. We have many future goals including investments and contributions to worthwhile causes throughout our city, state, and country. Never have we been disappointed with the company. Our benefits other then monetary have been learning how to organize ourselves and actually save for a better life. Spending time within our family, and having people care about how we get ahead in life, instead of keeping us in one step of our life. When we registered we were provided with a number of materials and opportunities to make an informed decision. No one was pushy, we actually saw the business plan three times, and researched the company on the web, before registering. Whenever we sponsor someone we provide them with the same experience. They learn this is not easy and requires time and effort from them, but there are no guarantees, this is told to them right away and heard at every business meeting. The prospects typically spend approx. two hundred dollars in sign up fees and products. They receive the sign up money back and if they do not like the products can receive that money back to if they choose to change their minds. My parents actually did change their minds, receiving 100% of the money back. The seven day wait would greatly affect everyones business. Not only would the new prospect have to wait to get started in their business, but the profits lost between the new person and sponsor would also be affected. There is already a guarantee of their money back if they make another choice later, the seven days would not give them any better benefit. References get into privacy issues. Not everyone wants their name and personal information given out to people not in their own business, they may not even know or meet. Everyone has a number of chances to meet others and ask questions several times a month, including at registration. There are opportunity meetings almost every week, and business development seminars once a month. Any one is free to meet, and ask anything they choose of anyone there, and that person can make the decision how much of their private information is given out. The litigation list is unneccesary, anyone can get information on the internet or library about this company. Does WalMart have to post a list of all the legitamate and frivalous lawsuits it has against the company? The prospects are provided with examples of the income potential within the company. Anyone making the profits, should have the right to decide if they share private information. The company keeps the statistics clear and the average active IBO information is given on the first day of contact. It is another privacy issue diving into my personal income with everyone we share the opportunity with. This is very inappropriate, should every company share the other employees pay with a new employee? Should the boss of every company tell everyone what he made last month, or last year? We describe the impact the business has had on our lives. Money is not the top priority here, the community is a higher level of experience. We have also began putting our financial lives back together without making a profit from our business yet, we are building back all aspects of our lives. We share the opportunity, and a different way of life within this business world. Where others care about your advancement over their own. Look closer at your proposals and think about the legitamate businesses out there who will be hurt by it. Thank You for your consideration of my comments. Shane and Brenda Bass