Open Side Menu Go to the Top
Register
FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

07-29-2012 , 05:36 PM
Quote:
Originally Posted by Blizzuff
I can't believe I just opened this thread and there's an e-Riot going on because we don't "have answers" on Sunday afternoon, followed by a debate over what "a few days" means. You're all completely out of your minds.
A few aren't!
07-29-2012 , 05:36 PM
Quote:
Originally Posted by Blizzuff
I can't believe I just opened this thread and there's an e-Riot going on because we don't "have answers" on Sunday afternoon, followed by a debate over what "a few days" means. You're all completely out of your minds.
Followed by people who cant help it not to comment on these e-riots and let everyone know they are better. Followed by me.

You cant stop internetz.
07-29-2012 , 05:39 PM
Quote:
Originally Posted by tamiller866
DF said:

Quote:
Originally Posted by IPushButtons
Can someone tell me is this an issue only for US players? I had a pending cashout before the site went down, but was never really worried about the money not being linked with my account eventually. Is shouldn't be so hard for them to figure out, right?
DF said:

Quote:
Originally Posted by Diamond_Flush
For all those that asked, I am pretty sure that limbo funds were added back in months ago. Obv, GBT would have needed all this information as would any other buyer. I was told at the time that final account balances would reflect the correct amounts. Since we have no way to check this right now, I suppose each player will have to reconcile and confirm his balance is correct before any withdrawal occurs.
Quote:
Originally Posted by Diamond_Flush
I am sure plenty of ppl will have forgotten their passwords etc, and the procedure likely will take the same avenues as always before depending on how withdrawals will be processed.

When I say limbo funds added back into your account, I meant on paper obviously, meaning higher account balances. Clearly if there was not enough real cash before that, there isnt now either. The actual funds that were grabbed "in transist" were not returned to FTP obv. Remember that the overwhelmingly vast majority of those limbo funds were only deducted on paper from your account, there was virtually no real money to actually put "in limbo". However, the account balances, including limbo, would have had to been reconciled to present the correct numbers to any buyer. I do know that FTP and Iron Man, tourney tickets and Store etc were all discussed with GBT, I do not know for sure how this will be handled now.

Disclaimer: I was told months ago that the above happened, obviously I have not seen it with my own eyes, and players will have to check all this out when the time comes.


Quote:
Originally Posted by Diamond_Flush
The same way I admitted I can't yet verify it's true, you cannot, of course, say it's impossible.

I'm not forgetting anything that happened when the servers were pulled. In fact, the situation is similar to when it went dark for USA players on BF, and I don't understand why you think it would be any different.

"limbo funds" are the monies that were in transit, real or virtual, either to or from the players/site. To me, the obvious reasons that they weren't added back in to the account balances promptly were likely: 1. They were trying to keep the appearance that everything was status quo and then 2. They had no idea who received or didn't receive real money that was in transit so soon, since payment processors accounting was not immediately reconcilable either. They would have no immediate knowledge of what players actualy received checks or transfers, and which of those that did, actually had a negotiable instrument. This would be a long and tedious process. I do not know the answer to the tourneys in progress scenario, but I can only speculate that these would be handled according to the rules on chip chop/payments, same as any other time a tourney was cancelled midstream. I do not know if this was the case, just my speculation.

As for hiding liabilities, while I understand your concern, this is the whole point of any buyer's due diligence. What someone says is true doesnt matter until accountants can verify things.

I don't know why you think that ROW limbo funds would be different than US limbo funds. Yep, ROW withdrawals were mostly stalled too, everyone knows that now. Too bad more ppl didnt speak up at the time, only the ones that bragged about getting their withdrawals did.

I am not an advocate for FTP, I am just telling you what I was told. You may remember there was another "deal" that was almost complete in April, and these things had to have been addressed. I also was very clear in telling you that I had no way to verify that it's true, and that it will be up to all of us to see that the numbers are right when the time comes.

I did not get my information from Ray Bitar and I am not single sourced. If you think you have better information than I, please share it.
__________________________________________________ ___

Thanks Wendeen, oh wait
07-29-2012 , 05:54 PM
Quote:
Originally Posted by JuiceQ
Followed by people who cant help it not to comment on these e-riots and let everyone know they are better. Followed by me.

You cant stop internetz.
Spoiler:
07-29-2012 , 05:56 PM
Wow the thread has reached a new low.

Why exactly is everyone so pissed?
07-29-2012 , 06:01 PM
Keep in mind that all Wendeen said was that the deal is a lock in her opinion and her impeccable sources opinion and that announcements are in the works. She didn't say how long that would take.

There's not really much reason to sweat Wendeen's Q & A, which isn't likely to provide any new meaningful information. I'm excited to get the full story from DF tomorrow-ish or whenever she can.

This thing is coming to a close in the near future. Debating what the next few days means is pointless, they will report as soon as they can do so with confidence and accuracy.
07-29-2012 , 06:03 PM
Quote:
Originally Posted by bbfg
Wow the thread has reached a new low.

Why exactly is everyone so pissed?
Well a few of us are getting impatient. Several more are learning about time zones.
07-29-2012 , 06:05 PM
well I mean from what I've read people are anticipating the deal to be done/announced this week. However it's rumored to take until Nov 2012 to get to play / get funds from FTP2
07-29-2012 , 06:09 PM
Quote:
Originally Posted by peljomo
and you think she just has this site for fun?
After server costs, PACER bills, and a few other expenses, her site is a net loser that is surviving off of the small profit that SP made from donations.

Last edited by NoahSD; 07-29-2012 at 06:19 PM.
07-29-2012 , 06:10 PM
Quote:
Originally Posted by MrHickey
couple = 2

few = 3

common knowledge

if not monday = DF lies
I don't know when DF is publishing anything, but this is completely ridiculous. Nobody uses the word few to mean exactly three.

You could look it up to see that for yourself: http://www.thefreedictionary.com/few. Or you could just be incredibly obnoxious, decide to interpret her words in a way that she clearly didn't mean, and then declare that she's a liar if she doesn't live up to the words you put in her mouth.

Think about how much it must suck to be DF and read ridiculously mean and obnoxious crap like this. She's working her ass off to run a website that loses money and puts her in not-entirely-trivial legal risk to help you guys out, and *******s like you spend your time telling her that she sucks for all sorts of reasons.

I hope you don't behave this way off of the internet, and you should learn that anonymity isn't an excuse to be a huge dick.

Last edited by NoahSD; 07-29-2012 at 06:16 PM.
07-29-2012 , 06:14 PM
Wow, I was just fewing around ...
07-29-2012 , 06:15 PM
Quote:
Originally Posted by NoahSD
I don't know when DF is publishing anything, but this is completely ridiculous. Nobody uses the word few to mean exactly three. You could look it up to see that for yourself: http://www.thefreedictionary.com/few. Or you could just be incredibly obnoxious, decide to interpret her words in a way that she clearly didn't mean, and then declare that she's a liar if she doesn't live up to the words you put in her mouth.
I think (hope) he was levelling...
07-29-2012 , 06:15 PM
This thread is hilarious in the worst way. I'm just as anxious as the next guy but JFC relax. We might hear something Monday, we might not. Chaining your emotions to some ambiguous posts/statements is silly.
07-29-2012 , 06:17 PM
FEW IS SUBJECTIVE. It means whatever DF meant it to mean. She will report when she can.

END DEBATE.
07-29-2012 , 06:18 PM
Quote:
Originally Posted by bbfg
I think (hope) he was levelling...
His posting history makes this very unlikely.
07-29-2012 , 06:22 PM
Quote:
Originally Posted by zoomie123
Well a few of us are getting impatient. Several more are learning about time zones.
And time dilation effect. That's the principle where howard's gravitational pull from his fat-ass slows down time to the point where doyle's forgotten howard helped steal $330 million from the community. This leads doyle to congratulate him and daniel negreanu to go wtf.
07-29-2012 , 06:22 PM
Go outside and play. Check interwebs Monday. Easy game.
07-29-2012 , 06:24 PM
Quote:
Originally Posted by RedEyedTroll
Go outside and play. Check interwebs Monday. Easy game.
what's this outside you speak of, oh wise one?
07-29-2012 , 06:29 PM
Quote:
Originally Posted by RedEyedTroll
Go outside and play. Check interwebs Monday. Easy game.
I am currently outside, but my phone gives me access to the interwebs everywhere I go!

But your point is still valid... There wont be any hard news on a random Sunday afternoon, and even after any potential deal is announced, it's still going to take time for cashouts to get rolling, so everybody calm down and step away from the F5 key...
07-29-2012 , 06:31 PM
Quote:
Originally Posted by NoahSD
Think about how much it must suck to be DF and read ridiculously mean and obnoxious crap like this. She's working her ass off to run a website that loses money and puts her in not-entirely-trivial legal risk to help you guys out, and *******s like you spend your time telling her that she sucks for all sorts of reasons.
nobody asked her to do any of this and if she didn't do it, someone else would
07-29-2012 , 06:35 PM
Quote:
Originally Posted by MrHickey
nobody asked her to do any of this and if she didn't do it, someone else would
you're an idiot.
07-29-2012 , 06:35 PM
lol @ the last 2 pages

i mean, seriously wtf?
07-29-2012 , 06:36 PM
Depending what time zone your in, the announcement could be a couple hours away, or as much as 20..."may your time zone be a good one, and your clocks accurate"

GL all
07-29-2012 , 06:37 PM
Quote:
Originally Posted by shipit2kg
Depending what time zone your in, the announcement could be a couple days away, or as much as weeks...may your time zone be a good one

GL all
FYP
07-29-2012 , 06:37 PM
EST is obv optimal time zone, regardless of current situation

      
m