|Received:||7/17/2006 10:25:32 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:1. I strongly disagree to the "7 days waiting periods". >>Quixtar already has full money back guarantee not only products that we purchase, but for the business opportunity we offer. Newly signed up IBOs have right to cancel their business at any time, plus money will be returned when canceled within respective time. 2. I strongly disagree that we will be required to give every prospect a list of "references" – the names, addresses, and phone numbers of 10 other IBOs in the area – seven days before the prospect registers. >> We might not know 10 other IBOs in the local area personally. Giving such info is against privacy act. Individual has right to block telemarketing, why not in this business also? >> It could be also contradictory to the corporation's rule of conduct "securing Line of Sponsorship". 3. I strongly disagree that we would have to give every prospect a list of all lawsuits, arbitrations, and other legal claims for the past 10 years. >> This is absolutely none sense rule to implement. Which company is required to show such things to their interviewee for the job position? All the business owners and most of the prospects would study this anyway at their own will. If necessary, you could require IBOs to have this kind of information as part of our knowledge after we become IBOs. Maybe we can be required to have a business seminar for such a topic. 4.You would be required to provide prospects with personal financial documents to back up ("substantiate") any income claim. >>Why do we have to disclose our personal income statement just because we are business owner? Any HR person in any company is required to do that when they hire people? I recommend you reconsider certain restriction you are trying to add to be removed. Thank you.