FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)

[Yndzone]

Originally Posted by Jankone54

I was rich. now i am poor.
there is only one rule.
Never, ever, don't trust to hairy man with the hat.

You are right!

[exoendo]

Keep in mind that whether or not this harms an investment, at this time we haven't heard any word that the french have backed out yet. Maybe they'll be sweet talked into still buying, or they always intended on buying and just wanted to save themselves the headache of a revocation by saying they would walk. I am just speculating here.

[tamiller866]

Originally Posted by AntiHer0

Pointless post imo... I mean sure I just make the cut in your eyes but judging people's knowledge/integrity/post quality merely on their post count is a little ridic.

And tamiller I've read and enjoyed your posts/views on this topic and by exoendo's measurement he'd have you banned from posting for 24hrs, so don't really get why you're supporting this???

FWIW though I do like your contributions exo, just don't agree with this. Maybe i'll just chalk the post up to you being frustrated with the amount of sh|tty news that has surfaced today.

Sorry, I second guessed my decision to include the The idea of supporting a movement that would have myself banned with a stupid +1 "grind up the post count" message amused me.

[EYESCREW]

Originally Posted by exoendo

they were in an exclusive deal with another investor for 2 months so they have been extremely limited in who they could talk to.

I'm not convinced there really was a potential buyer for that two month period. I'm not saying it's impossible I'm just saying it wouldn't suprise me one bit to find out at some point that was completely fabricated to buy FT some time without having to come forward and say anything.

[Todd Terry]

Originally Posted by tamiller866

The reason I said we shouldn't care is that I believe any purchase at this point would not include a provision to refund our accounts. By granting us standing as victims, the DOJ effectively seized our accounts into evidence.

I'd be shocked if the DOJ allowed an investor to come in now and buy up that evidence. How could they prove fraud without any victims?

This is total nonsense.

[Bubbleblower]

Originally Posted by EYESCREW

FTP was never the perfect investment opportunity. Much of their business relied on US customers and the legality of online poker in the US was always subject to debate.

Half of their business was from the US. Two thirds of their profits came from the ROW though, because of the difference in processing fees.

Of course poker in the US will become legal; it is a 30 billion market.
But 888/Harrahs will take the place of FTP and PS.

[Yndzone]

The just one solution is to convert Credits in shares, Make a new Company, and with credits of players we buy Software, offices, Brand, Etc. Etc.

Now the new Company Will have a capital of 300millions, Now the new investors will buy part of the shars, so it will be owner of the Company for just 150/200millions. Now Players believe in shares, can integrate same money for liquidity, or we can ask to investors to make liquidity in advance for 1 or 2 years, until proficts will be done!

So this is the solution

It is more easy to do than talking about!

[EYESCREW]

Originally Posted by exoendo

they were in an exclusive deal with another investor for 2 months so they have been extremely limited in who they could talk to.

You don't know that for sure. It's been widely rumored but rumors often turn out to be false.

Example: it was rumored that your funds on FTP were safe. We all know how that turned out.

And fwiw even though we share vastly different opinions on this whole ordeal I enjoy your posts. Your avatar otoh, not so much. Lol

[FishyOnADishy]

Originally Posted by Haupt_234

I suppose that FTP could have set up a fake company to pretend to be in negotiations for a deal, but they did claim that the investor testified before the AGCC and the AGCC is not denying this....

The lead 'negotiator' was really Howie wearing a beret and a string of onions around his neck.

[FavoriteCharity]

This quote taken directly from DOJ website

111. The other approximately 19 owners of Tiltware LLC
received the remainder of the approximately $443,860,530
distributed. For example, a professional poker player and Full
Tilt Poker owner (“Player Owner 1”) received at least
approximately $40,078,646.64 in distributions, as well millions of
dollars characterized as loans from Full Tilt Poker. At least
approximately $4.4 million of these loans have not been repaid.

You think those ****ers will pony up? That's an average of 23m a piece.

Durrrr, what portion of that is yours? You think your 1m gesture makes you a martyr for this whole thing? Piss off.

[tamiller866]

Originally Posted by Todd Terry

This is total nonsense.

Do you think the DOJ puts you on a victims mailing list because they think a sale is imminent and they want to be the first to give you the good news?

[EYESCREW]

Originally Posted by FavoriteCharity

This quote taken directly from DOJ website

You think those ****ers will pony up? That's an average of 23m a piece.

Durrrr, what portion of that is yours? You think your 1m gesture makes you a martyr for this whole thing? Piss off.

Durrrr was paid a salary and was not a dividend receiving shareholder.

[Todd Terry]

Durrrr has offered to pay back every cent he got from FTP. He is the only person associated with FTP who has done so.

[FavoriteCharity]

Originally Posted by EYESCREW

Durrrr was paid a salary and not a dividend receiving shareholder.

Then I withdrawal that statement and direct it towards the "rest" of the so called professional community.

[EYESCREW]

Originally Posted by Yndzone

The just one solution is to convert Credits in shares, Make a new Company, and with credits of players we buy Software, offices, Brand, Etc. Etc.

Now the new Company Will have a capital of 300millions, Now the new investors will buy part of the shars, so it will be owner of the Company for just 150/200millions. Now Players believe in shares, can integrate same money for liquidity, or we can ask to investors to make liquidity in advance for 1 or 2 years, until proficts will be done!

So this is the solution

It is more easy to do than talking about!

Whenever I had a wild "pie in the sky" idea my mom would always say "go do it" and I knew this was her way of saying I was crazy.

In reference to your post I have this to say. Go do it!