| Comment Number: | 522418-11603 |
| Received: | 7/17/2006 1:48:13 PM |
| Organization: | Danny Thomas Health & Beauty |
| Commenter: | Danny Thomas |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom it may concern: I've been an IBO with Quixtar for about three months now, and I can say that even someone with as little experience as me in the business would be effected negatively based on the proposed issues. Firstly, the seven-day waiting period would hinder IBO's from signing on when they want; besides the fact that I've never had a problem with someone not being able to sign up at their own pace, and we also provide the prospect with several sources/info packs with background on the company; so I am against this proposed action. Secondly, providing atleast ten references (other IBO's) or any references for that matter is deffinitely an invasion of personal privacy for these people, considering this proposal would give out personal addresses. No prospect I've seen has ever not met more than one IBO under or above a specific IBO that prospect would sign on with. Part of our company's introduction is an encouragement to attend open meetings with many IBO's already working with quixtar. Thirdly, regarding the litigation list, if a prospect or anyone else has a legal issue with Quixtar than our company already has legal procedures to go about doing that. It is not, nor should it be, the responsibility of the individual IBO to retain a complete credited list of legality for anyone. Fourthly, regarding the proposed specific earnings diclosures, our business plan already lays out accurate averages for every level of our business for any person wishing to know about our business. There would be no meaning nor gain in knowing extensive details that apply to specific persons in the business, unless it is regarding a legal issue; in which case, it can be brought up through the proper channels. And finally, regarding the proposed requirement for financial substantiation, it is never any person's right, other than that of the earner, to have specific knowledge of the earnings of that person at any point in time. If the IBO wishes to disclose that information they can, however there should be no rule requiring others to know very personal financial details of a particular IBO. In closing I am very much against every issue proposed under the FTC proposal. Thank you for your time. sincerely, Danny Thomas Quixtar IBO