I think that clonie is pretty and I hope she wins. FTP is full of scammers she deserves all the money I can get.

Please delete this poster.

LOL I agree!

I'm in my third year of law school and this is what they teach us about contracts:

It doesn't matter at all if the contract is written, that is mostly necessary for real estate contracts, all that is required is "Promise, Consideration and the ability to enforce"

A lot of legal mumbo jumbo goes into what constitutes a promise, the question if consideration is there, and if something is enforceable but I can't determine this without reading the actual language.

Full tilt is going to learn the hard way that their way of running business is not right. I hope that Clonie ends up getting all of full tilts money. That shady organization has been above the law too long. I hope that the judge finally decides to bring these thugs to justice.

I looked over this thread but only briefly, so i apologize if writing about anything that has already been covered. All this is definitely very interesting.

If I remember correctly from day 1, Clonie was included in every ad that had the 6 or 7 major pros posing doing stuff like walking down the street. They clearly presented her as one of the major figures associated with the site.

A couple things I heard first hand that may help people put things into perspective: Prob around 2003-2004 David Singer bought 1% of FTP from Ivey for $50k. At 2004 WSOP a close friend of mine was offered 1% of FTP for $500k when they were trying to raise more money to keep going (unfortunately he turned them down).

I mean, its really hard to believe that Clonie was not offered at least 1% of the company back then, but who knows obv. However, if she was in fact offered 1%, I find it extremely hard to imagine she doesn't have numerous emails laying around with generalities of the offer. Don't forget Jamie Gold settled pretty quickly due to a voicemail. FTP will prob. be up against much more than that.

Whether or not she is a good player is arbitrary. They clearly used the hell out of her to promote the site in the early days when the company (like all startups) was probably cash strapped. It'll be interesting to see how all this pans out.

-Ed

There are many bad things in this thread, but kk405 top posting has to be the worst.

and which post are you referring to?

Latest 3rd hand rumors/gossip

Ferguson and Bloch are raging mad at the situation.

Lindgren and Cunningham now both want out of FTP.

Clonie has been contacted by (or been in contact with) CBS/60 Minutes according to her.

I would think that ownership is the last thing the owners of FTP want revealed. Bet they settle.

If they don't settle im going to be surprised, I bet Clonie makes anywere from 1-5 mil of this.

Why is Perry in red?

Yes she was convicted of tax evasion.

Just like Al Capone got done for tax evasion, not for running illegal businesses.

If Full Tilt and its owners have paid their taxes they have nothing to worry about from the IRS.

It is perfectly acceptable to the tax office to run businesses with questionable legality as long as you pay your taxes. It is not their job, nor do they have juristriction to determine if your business is illegal. Hell up until recently the tax offices of many countries even accepted bribes as a legitimate tax deduction. Now they have changed that but allow 'facilitation payments'.

Negreanu says: "She has gone absolutely ding bat crazy and is making things up. There is just no freaking way they'd offer her 1%, no freaking way. This feels more like crazy ex-girlfriend extortion than anything else. I really hope she doesn't get away with this, luckily I don't think she will. What an idiot."

link

Is this an example of someone woefully unqualified offering their two cents? The Unlawful Internet Gambling Enforcement Act calls for the creation of a set of regulations to enforce previously existing laws. These regulations are targeted at financial institutions. The act explicitly does not criminalize any gambling which was not already illegal. The Wire Act is hardly a new law and US Courts have ruled that it applies only to sports betting and not any other online gambling.