I'm just mirroring what I've read. The technique sounds impressive when written about, but I'm pretty sure it doesn't allow communication faster than light.
I'll be the first to admit I'm not even at piker-comprehension concerning QM, so all of this is like nifty sorcerous lunacy to me.
You are absolutely correct - this is a common misconception about entanglement that I've even seen a few physicists fall into.
Quote from a 1997 physics news article Signal Travels Farther and Faster Than Light
"Whatever the nature of the connection between entangled particles may be, nearly all physicists agree that it cannot be used to transmit messages faster than the speed of light. All it can do is assure that a random choice by one entangled particle is instantly echoed by its distant partner. This is not the same thing as transmitting information, the experts say, and therefore it does not violate relativity theory."