I'm sending the following pm to all investors.
Hotter 44 Not Part Of Package: Payouts Were Wrong
It has come to my attention that in the
sunday packageI posted for 1/27/2013, in which you invested x% in,
the final tournament I played and cashed for 14.7k in, was not part of the package.
Below are the turbos listed as a part of the package, and the tournaments you bought pieces of:
Hots/turbos:
Hotter 16
25$ Hyper 15k (415pm EST)
27$ TKO's (5 of these = 135$)
Hotter 33$
44$ 15k Turbo
54$ TKO
5r 2x turbo 20k (15bullets = 65.5$, 830am EST)
55$ 6max turbo (530pm EST)
Hotter 55$
Hotter 75$
8r 2x turbo (15 bullets = $120.8)
55t 2x chance (105$, 115pm EST)
Stars 109$ 30k Turbo (515pm EST)
Stars 109$ 17.5k Turbo (8am EST)
As you can see in the above list, the tournament
"The Hotter 44" was not listed, and was not paid for by investors.
Thus I am in a quandry. Honestly I had assumed at the time that I had it listed, which is why I posted in the rail thread for it.
However if I had bricked it, it wouldn't have counted against the package in any manner as no investor paid for their % of it.
It was an honest mistake to assume the tournament was included, however, as it never was, the payouts I sent out to investors were incorrect.
The proper payouts are as follows: 1637.84 + 73.58 + 445.74 = 2157.16
1% = 21.57 =
I overpaid 147.31
5% = 107.85 =
I overpaid 735.66
10% = 215.70 =
I overpaid 1471.32
Because I mistakenly included the HOT 44 in the payout list, when it shouldn't have been, and given my backer's fairness regarding this issue (they were sure the tournament was 100% played under my regular stake), we are willing to offer a compensation to my investors by adding $4,000 to this package. Note: that this money will be 100% absorbed by my backers.
Note: We'd also greatly appreciate it if the full amount was paid back, we are leaving it to your discretion.
Thus payouts will be:
1% = 61.57 =
You owe me 107.13 (You profited 13$)
5% = 307.85 =
you owe me 535.66 (you profited 65$)
10% = 615.70 =
you owe me 1071.32 (you profited 149$)
If you believe this is a fair compromise, or believe something else should be done, please let me know.
Sorry about the hassle and the screw up.
Thank you for understanding.
Sincerely, Ryan "Protential" Laplante.
Last edited by Protential; 01-28-2013 at 12:37 PM.