| Comment Number: | 522418-12396 |
| Received: | 7/17/2006 9:14:42 PM |
| Organization: | Quixtar -Britt World Wide |
| Commenter: | Julie Saunders |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom It May Concern: Thank you for taking the time to consider my opinion. Hi! My name is Julie Saunders. I am writing in regards to the proposed rule that would affect Quixtar IBOs. I have been involved with Quixtar and Britt World Wide for about 4 years now. When I registered I received more than enough information to make an educated decison. In fact, I was encouraged to do my due diligence. I was told straight out that this is not get rich quickand that it takes effort. A business prospect is given much literature and CD's and DVD's etc. that discuss all of this. Our system is a system of duplication, we keep it simple and teach new prospects just as we were taught. We do not succeed until the prospect succeeds. Prospects typically spend right around $200 to get registered as an independent business owner and this includes a starter pack with learning material and samples of products, and is also refundable if a prospect is not satisfied. I earn a bonus each month and the check has never been late. But money aside, my involvement with this business has been one of the biggest blessings in my life. Quixtar and Britt World Wide are companies with integrity and accountability. I can honestly say that being invloved with this business opportunity has been one of the biggest blessings in my life. I have grown as a person on all levels through the association of such people of character. This business opportunity is changing people's lives around the world for the better. I believe that some of the propsed rules would make it more difficult to share this honest opportunity with others. Inturn it would slow the progress of helping the economy, which was built on free enterprise. Although I understand and support the goal of the FTC to make sure that consumers have the information they need to make an informed decision about participating in a business opportunity, I do have concerns with it, as I believe there are some flaws. I support reasonable business disclosures that are fair and help consumers make wise choices. I believe the rule should create an equal playing field by requiring a simply stated, standardized income disclosures that apply to all direct sellers. It should provide a money back guarantee. It should not require a seven-day waiting period before a prospect could register, at least for opportunities like Quixtar where a prospect can get his money back. It should not require IBO references be provided to prospects as this would invade the privacy of every IBO whose name, address and phone # was provided to prospects. It would also penalize the sponsor as any one of the other IBOs would love to sponsor that prospect themselves. It should not require disclosure of past litigation due to the fact that among other problems, this would open up legitimate companies, like Quixtar, to false accusations. Meanwhile, dishonest companies would simply ignore the rule. If disclosures are needed, require a simple, standard, disclosure such as "average monthly gross income for active IBOs." In closing, I believe that providing every prospect with important information is good, however there are less burdensome ways to accomplish that result than the proposed FTC rule. I'm sure you will do what is right, honest and fair. Thank you again for listening. Julie Saunders