I hope you mean everyone who profited chips in to pay us back. Also, I'd like to see the AGCC do something for us seeing as how they were completely incompetent.

Regardless of whether investors were lining up to pay off their debt or not the right thing to do was always dig into investors pockets and pay us back.

Dividends are one thing. Handing out distributions while you don't have enough money on hand to pay players makes it their responsibility.

Cant say..subject to confidentiality clauses...but am keeping my bollocks crossed that something comes of it.

Is everyone who knows anything bound by confidentiality in this thread?

Can't say due to confidentiality clause

Yeah but LedaSon seemed to point out that they also know as to what Harry is referring to.

Frankly, if there's something big/good in the works, even if the rest of us can't know about it now due to confidentiality, let's just thank our lucky stars and wish those working on it luck.

MOOT, not "mute"

The only compromise imho can come from the DOJ if they agree to a symbolic fine or to an amount that is conditional to FTP being profitable.
Maybe they current owners could help too by injecting some cash back to the company.

We think Ledason is not bound by confidentiality.

Has there even been another hearing set up? I thought they said the next one would occur "as late as Sept 15," not that Sept 15 was the date they actual set up a hearing for.

And to be honest the date and status of the hearing has little bearing on actual events. FTP's problem is that they need investors, not that they need to look good for the AGCC. FTP will still be looking for investors regardless of any Sept 15 hearing.

Think the owners need to be more public. Like always with FTP there is too much secrecy and book room black ops going on

Yet another sign that FTP (and the known owners) don't have much money left. If the client is paying, the lawyers couldn't care less about about the financial implications. The only reason a law firm is asking to be relieved from representing a client because of a financial burden is because the client has stopped paying them.

'I' deserved that.

Fingers crossed.

Great, thanks for the link!

Misleading article title, though. In the United States, a corporation cannot represent itself (pro se), with the common exception of small claims court.

(On a personal note, I think this is crap, at least in the case of small corporations, especially one owner/one employee corporations. But, the Supreme Court has affirmed this rule several times.)

There are and have been solutions to this problem since it began, but the owners were not realistic, experienced or prepared for their situation. This was a drastic problem that required drastic solutions - especially when they got shut down. In many ways, this part was not their fault though - we have seen this syndrome before. Sadly this happens all the time in these situations and for those who followed my early posts, we said as much then. Still, we are not optimistic given the timing now and the brand damage. Good luck Harry and your people.

as a player with a very real and significant portion of my net worth stuck on FTP (please 2p2 postsers don't give me a lecture I don't need it and I'm not destitute and have plenty of cash flow and savings) could you give us some details as to how we as players could positively influence a possible solution.

you suggest that we are an interested party and that people need to be movable, but as players we really aren't being presented with options nor do we feel like any of the interested parties are in a dialogue with us. Collectively we have as much at stake as any of the parties involved, and I believe that if the other groups asked for us to weigh in on ideas, solutions, or plans you'd get reasonable responses. We could even work to create some leadership of interested players if there was a spot at the table for us.

anyway I appreciate your information and attention to this thread and the topic. And thanks for your time reading my post.

cheers

This is just game, how many this kind of joks since black friday, there were leak after leak by FTP lawer about potential buyer, and there was also a FTP insider came here and open special 2+2 thread and said "The sale is done deal" but it turned out not true.

The fact is there are no money left but full of wishful thinking...

every one, move on, forget it and good luck!

I'm not sure if the owners are keeping quiet out of shame and embarrassment or just due to their own arrogance and lack of care for anybody but themselves.

I've always felt that the principal shareholders of FTP acted like they were above everybody else and the way they've handled things since Black Friday does nothing to convince me otherwise.

I've been somewhat slightly optimistic ever since FT paid the $400k licensing fee. Can't imagine anyone doing that if they were on the verge of bankruptcy.

IIRC, they were still in 'exclusive negotiatons' when they paid the licensing fees. Now that those negotiations have expired, I don't put much weight on the fact that they paid them

word

Are FTP pros still wearing FTP badges at events and such?

If so... seriously?

I can't believe other non-FTP pros or lesser named pros aren't calling them out constantly. Where did Tony G and his rampage go?

All those FTP pros basically robbed us indirectly or directly and to still advertise that they proudly represent this brand is a massive insult to the people that basically supported their "fame".

Has anyone heard a word from howard lederer. Has annnie Duke said anything about her brother

if they wanted a shot at double postponement you bet your ass they would suck up to agcc.