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FIB - Scams 101 - Ye Olde Archives
Posted By: Dennis Bevers <bassco2@bellsouth.net> In Response To: Don't see how this could make many happy. (Pete)
Friday, 16 June 2006, at 10:06 p.m.
> Among other requirements is the release of names and addresses of all of
> your other members / customers / affiliates / associates / whatever you
> want to call them. You must as a minimum disclose the names and addresses
> of the 10 closest to the new prospect.
I don't see how they can apply that rule to me, as I have no way of knowing the locations of 3800+ K & B reps. The prospective dealer would have to get that info from K & B corporate.
> This is a late posting on this rule, here on FIB On many forums where it
> has been discussed, it is overwhelmingly viewed by small business people
> of all types, and their attorneys, as a disaster. A few have said
> "I've got nothing to hide.", but thqt is not the point. There
> will be costs involved. Prices will very likely go up. Catalogs, price
> sheets, websites, sales literature will all have to be revised - at a
> cost.
Other sites got in earlier because of the major impact it will have moreso on MLMs in my viewpoint. I don't see my costs going up, as I don't make income claims, I explain the opportunity and products in detail, and link to my website which gives even more details. My 3 1/2 lb. opportunity packet is sent to everyone who completes my online request form. Only if they don't provide telephone number and email address, do they get a much smaller info packet.
> It's hard for me to imagine anyone in business welcoming something like
> this. It's going to affect Dennis Bevers and K&B. (Sorry Dennis.) Two
> totally respectable operations, but still covered by the rule. And K&B may
> have to raise prices as a result.
Actually, it could benefit me, if they are fewer companies promoting their opportunity online, then I may be a little easier to find. If it reduces the number of "Lazy Man's Riches", "Armchair Wealth", "Infinity Income" "Retire Yesterday", and other hyped-up programs, my down-to-earth opportunity presentation may seem more reasonable. Hmm, work and earn income - Might just be something to it.
> Here is a link to the whole thing. The actual proposed new rule starts on
> Page 35 of the pdf file, under - Section L - Proposed new rule.
> http://media.smcorp.com/forum/ShowPost.aspx?PageIndex=2&PostID=85255#85255
I left your link, as SMC has sent a lot of traffic my way in the last couple months, when K & B and I were a topic there. I'm assuming you had a hand it that. Thanks.
Dennis Bevers
My home-based bizopp that allows me to promote the bizopp without fear!
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