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.”