| Comment Number: | 522418-11663 |
| Received: | 7/17/2006 2:14:22 PM |
| Organization: | quixtar |
| Commenter: | moazzam qureshi |
| State: | NJ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO with quixtar for 4 years . It not only help me diversify my income but also get some good knowledge. when i registered with quixtar i recieved enough info to make a quality decision and i give same info to my prospects. when i started i spend approx. $225 , the people i register now spend $270 , half of that money is refundable if they decide to quit. WAITING PERIOD.. will not help the prospects , because they recieve required info. anyway ,but it will slow down the business for IBO's. REFERENCE.. when a new person is in process of joining the business they meet the people in local area in our local meetings. so providing the references will not do anything but to violate the privacy of people. LITIGATION.. The proposal does'nt cover what a "seller" is meaning , and there are number of cases filed without merit , would dismissed in a court of law. EARNING DISCLOSURE.. The business presentation explains the earning potential extremely well and the liturature pack which is approved by FTC covers all the details thats the information i got when i started more info will only confuse the prospects. FINANCIAL SUBSTANTIATION.. If a prospect asks me how much i make i tell them which income bracket i am in quixtar and how much income is made at that level. giving personal finances to a prospect who i dont know would qualify to join the team would be completely inappropriate.... Thanks. Moazzam.