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.