Here is the Burnlounge response to the recent action by the FTC:
In response to inquiries, Sheldon H. Sloan, attorney for BurnLounge, Inc., today issued the following statement:
“BurnLounge is pleased with the United States District Court Central District of California’s decision refusing to grant the Federal Trade Commission’s request for a Temporary Restraining Order (TRO), and remains committed to compliance with all applicable laws and regulations. The Court’s denial of the FTC’s request is a significant victory, and furthers the Company’s belief that it has conducted its business lawfully. The Company’s business continues uninterrupted, and it will defend itself vigorously in subsequent Court hearings.
“Through its unique and revolutionary business model, BurnLounge will continue to afford its customers the opportunity to enjoy sharing their tastes in music and films, while providing an avenue for them to express their entrepreneurial talents.”
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