Burnlounge Dodges The Bullet

BurnLounge has come to an agreement with the Federal Trade Commission based on its recent decision to eliminate the network marketing portion of its business.

”This is the first time in recent history that any company has emerged from such charges by the FTC and survived entirely intact,” claimed D.J. Poyfair, a partner from Shughart Thomson & Kilroy and lead outside counsel for BurnLounge.

BurnLounge anticipates a formal statement from the Federal Government in the next couple of days regarding the company’s former business model. Poyfair noted that, “The interaction with the FTC has been professional and fair and has led BurnLounge to make the decision to simplify its model.”

But as we reported earlier this week, with Burnlounge's members receiving none of the originally promised financial benefits; it seems that only the company's executives are celebrating.