Ninth Circuit Releases BurnLounge Decision

The Ninth Circuit released it’s decision in the BurnLounge case. In summary, it’s bad for BurnLounge, good for network marketing industry.  If you will recall, BurnLounge was held to be a pyramid scheme by a Federal District Court in California. BurnLounged appealed, arguing that the court used an improper standard when it determined BurnLounge to be a pyramid scheme. Watch the video below to get a quick summary of the Ninth Circuit’s decision.

I intend to publish a more detailed analysis once I’ve had time to read the full opinion.

You can read the opinion below (or click here)

  • earl carroll

    meanwhile back at the ranch THE STOCK IS UP THIS MONTH…..bill stiritz, carl Icahn, George soros and several other billionaires who are long the stock and selling puts have done their own investigation…this group of billionaires have a lot better investigators, lawyers, and analysts than the government could ever hire.. do you think Icahn would have put so many on the hlf board if he had not done a thorough investigation…DUE DILIGENCE..it is what these billionaires do and they do it very well, ackman on the other hand NOT SO MUCH I use j c penny , target. and now hlf as my examples…these billionaires just keep selling puts and the puts just keep expiring worthless.. and once these investigations end and hlf gets a fine and a slap on the wrist the stock goes to 100 bucks a share and all the shorts will be SQUEEEEEZED like volkswagon was..this is going to make a great movie once it is over….one more thing…only 18 percent of hlf sales are in the united states so WHAT IS THE WORST POSSIBLE OUTCOME?? they lose 18 percent of there sales…IT IS NOT POSSIBLE FOR IT TO GO TO ZERO…

    • ilo_laker

      Say again please, Earl? :)

      $53 and change, and falling fast.

      • earl carroll

        I remember you, you are the dog hater

        • ilo_laker

          I don’t hate dogs. I hate dog owners who let their dogs bark in upscale residential neighborhoods. Those inconsiderate people belong in a country setting with no neighbors…or a trailor park.

          • earl carroll

            it appears you have a lot of class but it is all LOW. dogs are good judge of character and they bark and growl and sometime bite LOW class people, I bet you get bit alot

          • ilo_laker

            “Don’t debate with stupid people. They will drag you down to their level and beat you.”

            Have a nice day.

          • earl carroll

            I would say you are correct ,one of us is stupid

          • earl carroll

            what was closing price today you idiot

      • earl carroll

        what is price of hlf today…dummy?

      • earl carroll

        say please again..he who laughs last..hope a big dog bites your fat ass

        • ilo_laker

          I was short 4k from $66.00 with a $2 trailing stop loss order put up during the crash yesterday. So, TESLA, it was triggered at $55 and change for a net gain of almost $44,000. He who laughs last, indeed. Now back to your mom’s basement with you, silly monkey.

          • earl carroll

            sure you did, bet you smell bad and that’s the reason dogs do not like you, probably real fat too,,,i have made money every month, that’s right EVERY month for 14 months as hlf puts continue to expire worthless..even made money in march,

          • ilo_laker

            What are you, like 12? You come across as a kid FYI. I’ll bet your next repsonse will include the word ‘cooties’. Go back to your mom’s basement for goodness sake.

          • earl carroll

            have you got cooties>> poor girl,, don’t feel bad a lot of fat girls get cooties….I am 60 and my mother loves me and I give her a lot of money but she would never let me move in because I smoke,,,sending me that silly ass jab Yesterday when you thought your prayers had been answered was more the act of 12 year old,,,,,keep on following ackman and you will be a broke FAT ASS…COPY AND PASTE YOUR TRADE WHERE YOU SHORTING HLF AT 66 AND COVERED AT 55,,,i think you are a hateful bitter liar,,,and fat too

      • earl carroll

        meanwhile back at the ranch THE STOCK IS UP THIS MONTH…..bill stiritz, carl Icahn, George soros and several other billionaires who are long the stock and selling puts have done their own investigation…this group of billionaires have a lot better investigators, lawyers, and analysts than the government could ever hire.. do you think Icahn would have put so many on the hlf board if he had not done a thorough investigation…DUE DILIGENCE..it is what these billionaires do and they do it very well, ackman on the other hand NOT SO MUCH I use j c penny , target. and now hlf as my examples…these billionaires just keep selling puts and the puts just keep expiring worthless.. and once these investigations end and hlf gets a fine and a slap on the wrist the stock goes to 100 bucks a share and all the shorts will be SQUEEEEEZED like volkswagon was..this is going to make a great movie once it is over….one more thing…only 18 percent of hlf sales are in the united states so WHAT IS THE WORST POSSIBLE OUTCOME?? they lose 18 percent of there sales…IT IS NOT POSSIBLE FOR IT TO GO TO ZERO…

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