Where is your practice so I can be sure NEVER to hire you. FIrst you stated falsely that the motion to have assets frozen was denied. WRONG! DeBoer is defending hiimself because he had his accounts frozen. You then said it “looks pretty good for Burnlounge”. WRONG! Tell me, how much music have you sold in the past year?

Thanks for playing, pyramid scammers… and Todd… I mean, “LawDog”, I hope you’re not the next one slapped down by this lawsuit.

Don’t ask; DEMAND your money back now! They’re running scared and will quickly give you a refund now.

Henry McMaster turned him in this is going to be fun to watch. I invested but never signed anyone up I knew better but said what the heck it’s only $ 500.00. I lost more than that at the Black Jack table in Vegas and had fun doing it. LOL Wonder if I can get my money back since I’m not satisfied with their product. LOL Heck I’ll just wait for the class action lawsuit that’s sure to follow. I hear Rob quit his day job to do this full time what a shame.

9. MLMs that don’t gain most of their sales revenues from retail sales to non-distributors are probably pyramid schemes.
The FTC and the states that prosecuted Equinox used this definition of a pyramid scheme:
“‘Pyramid scheme’ means a sales scheme, Ponzie scheme, chain marketing scheme, or other marketing plan or program in which participants pay money or valuable consideration to the company in return for which they receive: (1) the right to sell a product or service; and (2) the right to receive in return for recruiting other participants into the program rewards which are unrelated to sale of products or services to ultimate users.

********* For the purposes of this definition, “sale of products or services to ultimate users” does not include sales to other participants or recruits in the multi-level marketing program or to participants’ own accounts.”
The FTC experts showed that Equinox’s rebate payments to upliners, which amounted to 48% of all wholesale sales to distributors, were really just “payments for recruiting.” Only a small percentage of Equinox sales were ever retailed to people who were not also recruited as distributors.
Lesson: If you are in a MLM that does not emphasize retailing over recruiting, you are very likely a party to an illegal scam.

–How much of burnlounge’s revenue was based on record sales vs recruitment?
–How much emphasis did burnlounge put on record sales vs recruitment?
–How much of the music purchased was purchased outside of the organization?

These appear to be the important questions, and if burnlounge can produce evidence to contradict the FTC’s charges, then burnlounge will probably be just fine. Since I do not know anyone who has ever downloaded a single song from burnlounge who wasn’t a burnlounger, I am unable to speculate at how many of them are out there. I guess we will soon find out.