| Comment Number: | 522418-12296 |
| Received: | 7/17/2006 8:04:42 PM |
| Organization: | |
| Commenter: | Abdul Jaleel |
| State: | NJ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been with quixtar since 2001. i have reached a level of Saphire and my goal is Diamond in the Next year. I am extremely excited about this opportunity because it has created a financial option which is 100% guaranteed if you are willing to work hard. This has given additional income so that my wife is able to spend more time with my children. This is the only business where i could work part time and create full time income. I was given all the information necessary to make the right decision and i was not given any income disclosures other than the ftc approved sa4400. The new proposed rule of waiting 7 days will not help any prospect or IBO's in making the right decision. Thousands of dollars will be lost for the prospects or IBO's. Since the cost of involvement has 100% money back guarantee, prospect will not loose money if he thinks he made a wrong decision. All prospects have 90 days to make that decision which is better than 7 days. Proposal of giving refereces will be a violation of the privacy of the IBO's. We fecilitate local group meetings for all prospects to meet other ibo's in the area and exchange information. Most IBO's register only after 1 or 2 group meetings. Proposal of litigation list has no implication to success or failure of a legitimate business. There are Good and bad people with different character. Good people do good things and bad people will do bad things. We cannot control what people do, which happens in every other ligitimate business. I would urge ftc to carefully consider these proposal so that Good business and good people should not suffer due to handfull of unethical people doing unethical things. Any proposal to make it better and faster is extremely appreciated. Thank You