|Received:||7/17/2006 6:40:55 PM|
|Organization:||Riggan Enterprises, LP|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I began my business in 1972 as a single. I chose this business because it was a way I could afford a business of my own - the true American Free Enterprise system. I have enjoyed this business not only because of the financial freedom I have gained but, more importantly, because of the numbers of people I've been able to help to do the same thing. I feel that Quixtar in the way it was designed and has been run is helping keep America free! Being in this business serves a bigger purpose than just making money. We teach free enterprise and partiotism so that people of all races, colors and creeds who were born in this country or come to this country can achieve financial independence and be a more productive citizen. The proposed rules, as I read them, appear to be an attempt to take away our freedom to make personal decisions about business. There aren't this many rules to open a MacDonald's, a dry cleaners or a florist, etc., are there? * We give a money back quarantee if one is not satisfied, so why the need to wait any amount of time before registering? *I see no valid reason to give every prospect a list of references and it will create a lot of paperwork and details that are unnecessary and will slow down the process! It also seems to infringe on privacy of information. *Where else in our country does a person or business have to give a list of all lawsuits, etc., regardles of whether the accusation was true? This proposed rule opens the door to false accusations and creates a lot of busy work for your office! Making a rule like this will penalize and discourage the honest people but will do nothing to stop the dishonest people -- dishonest people will always be with us and will always get around any rule. Why limit or complicate the honest people? *We are giving the average monthly gross income for active IBOs now. Telling someone that specific individual made $200,000.00 and another one made $200.00 has no bearing on what any other individual can or will do. The marketing plan explains the potential for money to be made. *Requiring me to provide personal financial documents to back up my income claims is a violation of my privacy, isn't it? The only people I should have to report that to is the IRS. We don't usually state how much we personally make -- it isn't necessary. The person I'm talking with might be more ambitious than me and therefore make more money and make it faster than I did. Why should I limit that person's dream? Quixtar is a reputable marketing plan with honorable founders and leaders at the helm. Why not use it as an example of how a direct sales company should be? Yes, we've had some dishonest folks come along but they don't usually last long: they leave or start another company. I do hope FTC will reconsider these proposed rules and not implement them! Quixtar is good for America!