Last year when Lock announced they were "buying" the Cake Network and re-branding it Revolution I pulled my own personal bankroll off of Cake and began a public campaign against Lock. Lock, who screwed up Merge more than any other partner on the network. Lock, who I'd bet my net worth used player funds to "purchase" the Cake Network.

At this time, Lock (via Shane) and all the public articles bespoke of Lock's purchase of Cake. A few months later in back channels, from multiple sources, I hear that Lock only owns "a majority share" of the network.

I then learn who truly handles the clearing house and Security department, which is still Cake, not Lock. Months and months of steady deterioration later, I hear the number 40% bandied about...

About a month after that, Adam & Eve publicly posts that Lock only owns 40%.

I suspect Lock has been giving up equity for debt forgiveness, but obviously, like any Ponzi-scheme, this will all fail eventually.


--
Kahn

That 40% share is still the majority share correct? (any idea what percentage Cake (aka the Juicy skin?) still owns?)

Also, if you dont mind:

1) Who is directly responsible for software updates (any idea)?
2) Who makes the "network" decisions (things like FPT, etc; the same people?)?

Liquidity problems aside; what Lock fails to see is that the public perception of their skin (and the network as a result) is free-falling miserably.

Good article though. Doesn't necessarily matter if what the article says is true, people perceive it to be true.

Cliffs:

Lock doesn't actually owe the network a penny, we are completely up to date with our network payments.

Intertops and the other smaller rooms have a greatly reduced tournament schedule because the network gave into pressure to slash overlays.

Lock in response created their own tournament schedule they are completely supporting themselves to return some of that value for our players.

Other rooms who all have the same opportunity as Lock are choosing not to.

Intertops actually already has exclusive tourneys...

Wonder what this actually means/is?

http://www.igamingbusiness.com/conte...-topjack-games

Who sets the prize pool for the tournaments? Is it the Network? Does the Network say to the skins " ok we are going to offer a 109$ 5k gtd" do the skins get to say yes or no or does the Network just go ahead and run it?

Hi Shane, have you ever thought of making a FAQ page in here that you can update? Thanks for answering BTW. You could probably take a few questions from these cliff notes

The network sets the schedule.

I cant speak for other rooms but I do know they used to talk to us about it a lot and take on a lot of our input.

That hasn't been the case lately leading up to these recent large cuts.

Interops has already come in and said they haven't asked for any cuts. You were trying to point the finger at them earlier. One of you is lying and my guess is the guys who have problems paying their players.

All I know is that the cuts happened, and the only room making any large additions is Lock.

When we heard about the cuts we got to work on improving our our tournament schedule, if the network isn't willing to foot the bill for a proper tournament schedule then we will.

+1 brilliant

I know I haven't played a lot on Lock lately (def not as much as I used to) but I would appreciate it if you refrain from speculation if you only know certain details.

Who owns the network if its alright to ask?

I didnt speculate, I said what I was told.

Smaller rooms said they weren't willing to continue to support overlays so they slashed the tournament schedule to reduce overlays.

I didnt single out any rooms, I never named Intertops as a room that specifically requested it.

It was Kahn who went and posted it in the Intertops thread and brought Intertops into it because I had told Kahn it was the rooms he promotes that asked for it. That was a general statement based on Kahn always talking up the small rooms on the network without really understanding their size and position.


So I only talked about what I know, that is that smaller rooms asked for this change (Intertops have stated that didnt include them) and I talked about the size of Intertops poker room, which I also know for sure.

Are you not allowed to say who owns the network?

Ive answered the question a thousand times but still the question gets asked by the same people with their same rumours and theories.

A suggestion for you that I do not expect you to follow given your posting history and your room's situation.

Direct "yes or no" questions when answered with a "yes" or "no" get a lot more respect than evasive "I have answered that many times before , so I am going to spend a lot more times explaining why I am not answering it again instead of simply saying "yes or no." If it has gotten asked 1,000+ times and you have answered it 1,000 times - then why not make it a sticky point on the top of the forum so noone need ever ask again.


Also, if you are going to make vague statements about "other smaller" skins, then clarify which skins, because to be blunt - I doubt that joespizza.eu or whatever 10 player skin whining would have any impact on the network when Cake/Juicy, Lock and Intertops make up nearly the full player base.

Here is a bold suggestion if indeed the dude in the basement with his skin of 5 players is messing up the network by whining about MTT overlays- kick him out or exclude his specific skin from the tournaments and bring them back since Lock, Intertops and Cake all clearly want them according to you, and Lock should have no problem with the overlays if they happen.


Never ending SLOP.

With all due respect I don't believe I've ever asked that question before and only did now because I didn't understand an article I read and got no response to the question I asked in regard to it in a different thread. I challenge you to find any post I made furthering rumors or advancing theories with regard to Lock either. I'm sure you must be frustrated with the current situation, as are others of us as well btw, but don't take it out on me please. I actually worded the question in a way that took for granted you might have had limitations put on what you are actually allowed to state in a public forum; and, excuse the heck outa me for not knowing you'd already answered it a thousand frick'in times...gosh forbid one more to save the time of a member here who if anything probably would have been called a "shrill" given the usual tone of my posts with regard to Lock. Don't worry 'bout it, ya'all go back to chasing all of us away as that's more important apparently anyways; can't find a game I like when I like anyhoots and seeing as the network/skin/whoever the eff doesn't seem to care if I play here, why should I either.

Cheers,
John

How are player payments?

the schedule is pathetic for anyone playing anything above the 10 rebuy

our major went from being the high roller to the $55 3k

yawn

they are purposely destroyingthe network to then say they have no Monty to process withdrawals and consequently keep all balances

any1 else notice that the lock exclusives arent really making the gtds also...........

[ ] Surprised

revolution made it impossible for any reg to want to play there except for sunday


congrats on losing whatever customer base you had left