| Comment Number: | 522418-11034 |
| Received: | 7/17/2006 1:14:39 AM |
| Organization: | Pinho Team |
| Commenter: | Frank Pinho |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern: Let me start with my personal experience. When the business was initially exposed to me I was very excited and eager to get off to a great start. However, there were numerous business owners that informed me with all the necessary information (rules and regulations) to not only ensure me of the great opportunity but to make sure I made an educated decision and this was something I wanted to do long term. (Making Sure I fully understood that this was NOT a get rich quick scheme) I have been an IBO now for five years and as I look back I understand why they were concerned with my decision to become an IBO. The opportunity is incredible but it is hard work and long term commitment is definitely an option. Since then, I have been very pleased with my decision and the results that have followed from being an IBO. I was never misinformed or misled through any of the process. IN FACT, THERE WAS WAY MORE INFORMATION PROVDED TO ME TO MAKE AN EDUCATED DECISION THAN ANY OTHER COMPANY, ORGANIZATION, CHURCH, OR TEAM HAS EVER GIVEN ME IN THE PAST. Besides all the in depth information that was provided to me, I was well aware of the credibility Quixtar had because of all the partners and affiliates they brought to the table. There was no way a company like IBM or Microsoft would jeopardize their name or business by associating themselves with Quixtar. I was fully confident that they had plenty of lawyer firms and research teams before locking arms with Quixtar. (If it was good enough opportunity for them then I was assured it was a good opportunity for me.) With Quixtar, I experienced plenty of time before registering as an IBO and had more than ten references to make an educated decision for the opportunity. And that is how all IBO's present this opportunity. That is what makes this opportunity so beautiful! There are no gimmicks, no lies, and no misleading information, unlike the corporate world which very high percent of corporate opportunities practice their dishonest, misleading, gimmicks on the public. (ENRON) I know there are other opportunities that are scams with really bad people out there. However, Quixtar is obviously not a scam and operates at the highest level of integrity. Quixtar does NOT need any other rules or regulations to help people make an educated decision to become an IBO. Quixtar has a solution for all the proposals The FTC is currently discussing. 1. Starting with a 100% money back guarantee at any time. (No need for a seven day waiting period) 2. More than ten people (IBO's) with QUIXTAR will gladly be references to any new prospect and these existing IBO's will not have there privacy rights violated by having their personal information distributed to strangers. (NO list of References needed.) 3. Concerning the disclosure of past litigation, this would involve not only Quixtar, but all of its partners and affiliates. (People who shop at Wal-Mart are not presented with Wal-Mart’s disclosures of past litigation. If they were they probably would not shop there.) Besides that would also be a reflection on their affiliates (employees) which would not be fair. 4. Disclosures for income is already solved with our requirements to disclose the average monthly gross incomes for active IBO's 5. Providing prospects with personal financial documents is absurd. That is a violation of anyone’s personal rights.