You now have the ability to Remove Posts from your view of the Lounge. Just press the MouseWait button in the mobile versions or the Remove Post link in the web version and you will not see the post again.
Version 1.5.1 for iOS has been approved by Apple. You should see the update in the App Store shortly. Let me know how you like it and how it works for you. ALSO please remember to update your ratings in the App Store because they will reset with this version. The more positive ratings we have the more users we will attract. More users = frequent updates! Thanks again for your support and have a great day!