| Comment Number: | 522418-11762 |
| Received: | 7/17/2006 3:10:14 PM |
| Organization: | |
| Commenter: | qiu m guan |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My name is Qiu Ming Guan, and I have been with this company for two years. I believed that business is fair enough to start, and will geive me a chance to seccess. Before I start this business, I got all the information that I need to make decision. And I do same thing to other prospects. I will provide full information that they need to give them fully understand about this business is not quick money, and it required a lots of hard work. The seven days rule, I think it is not necessary. Because if anyone make their decision to joint business, they would like to start right way. They should have rights to buy the products right way. Why they have to wait seven days. Any one wants to leave the business in one year, will get money back of the registeration fee. The requirement of to provide reference, it will bring more risk to IBO. Because my prospect may register with one of the reference instead of me. Provide the litigation list will cause more problem, such as law violations. provide the earning disclosures is not good idea. Because this is personal information, why we have to provide our privacy to others. Quixtar business is individual's business. We only provide a business to prospect, not provide a job to prospect. Each IBO may eran different accoding how hard they work. If work hard will make more income, if work less will make less income.If the FTC required IBO provide the financial records to other prospects, I think is inappropriate. The income information is privacy information, if we have to provide to others, will violate the provicy. Thank you!