I will have to cancel the reservation,my apologies

with all the angling shes tries to pull against investors its amazing anyone would buy pieces in her,not only is she a lieing cheat shes the only person that dident send money back for the fergwx roll (essentianally stealing from PTP and 2+2 investors),that alone should make it so no one ever invest in here again by not sending money back she should have,think about it

edit* and making all that money off rakeback/bonus and not giving investors a cut in the sng turbo bap,I mean wow how wrong can you get,and charging for travel expenses when no one else does lol

The eMarkup is higher than this - it's 1.35 if the package profits more than 10k for another $500 in expenses(assuming it's not marked up). If this happens 1/10th of the time that pushes the markup up to 1.32.

There is also another up to 5% that can come out of profits for the accountant to do taxes/paperwork if the package is up $5k. For a $5k win it would be up to another $250(1.33 MU), $10k another $500(1.35 MU). These are reasonable figures on the same level of tip, but don't include tip.

All told the markup of this package is probably at least 1.33.

no doubt a lot of that stuff is shady; but i don't see why it's anyone's concern she charges for travel expenses. Like previously mentioned; she didn't sneak it past anyone. It's specifically stated in her OP. Why does anyone care if "no one else does it"? It's her own package and she has the right to include any sort of expense/stipulation she wants right? You don't like it? Easy, don't invest. Yea it would have been better to include it in the overall markup, but if an investor couldn't figure that out; eh he/she probably shouldn't be buying action in the first place.


Now as for the other stuff...looooooooool

like I said originally, if people aren't paying that close attention, they might easily not notice and just assume that the markup she stated is an accurate markup for the whole thing. I agree there's nothing inherently wrong with it, I just wanted to make sure investors knew about it since it's a non-standard way of doing things.

but she did basically sneak it past by saying markup was 1.25 when it really wasn't.

yea no doubt; i'm just saying that she said she'd take off 1000-1500 off the top so any person with a brain knows this means markup != 1.25 and more like the #s Ben put up...

she'd probably be a good car salesman

This.

I don't think she is being deceptive by posting the way she did, but I certainly think it's a stupid way for things to be done. Whatever you are charging the investors on top of their investment is markup and should be laid out as either a % markup or a total $ value on top of the package, not a combo of the 2 which makes it harder for someone to see what they are really paying and compare it to other packages.

That being said lots of people are still trying to get packages sold for this summer, and this thread getting bumped to the top bumps packages still for sale down and off the front page which kinda sucks. I wish there was a better place for this discussion to be held but I can't really see where.

i agree that she has every right to charge for expenses if it's stated in the OP but potential investors have every right to call out the absurdity of it in subsequent posts

Book me 1% Kami.

Will you be able to pay back in cash in Las Vegas? What is your schedule of stay in Vegas? If I were to invest, I would be able to pay in cash and would like to see the same in return.

Hi, that is doable, if you are willing to do all the paperwork in advance (or just before I pay you out) so I can 1099 you, though it would probably have to be a check/money order/cashier's check for tax reasons. I have to do it this way or I could be liable to pay tax on your profits, but I am happy to do whatever I can to speed up the process.

I will be in Vegas from June 6 to at least July 6 (maybe longer), so there should be plenty of time.

Oh actually, I should say the paperwork would have to be done in advance to be sure Russ isn't on vacation at WSOP when time comes for payout. But I could contact him as soon as you are ready for you to send him your info and then I would know in advance what paperwork (depending on where you live etc.) that needs to be done to pay you out in Vegas.

I can do this for any investor who wants a payout in Vegas at the beginning of July.

What/who is Russ?

Sorry, Russ Fox. He is an avid poster in 2+2 poker legislation and is considered to be one of the foremost experts on poker and taxation. I will be hiring him to help me get all the correct paperwork done for investors so that all profits can be returned legally and pre-tax.

2+2 BOOKED
Sabyl - ~4%
nationstation (per PM) - 1%
Penny_Black - 1%

2+2 RESERVED
scor - 1%
bhanson - 3%

TOTAL (2+2): 10%


Prev. booked on PTP or offsite:
Andrea - 53% @ 50% bc with makeup
ruNVNme - ~3% @ 80% no makeup
me - 20% min
lightbringer (reserved) - 1%

TOTAL (offsite) - 77%

still available: 13%


note: if package does not sell out, I am still definitely going/playing and the WSOP $2500 2-7 triple draw and the WSOP $1500 Stud8 will be substituted for smaller buyins unless there are sufficient cashes by each's starting date to play. Bankroll will be no less than $12,000, and all 2+2 investors will receive immediate refund of extra markup + investment $$ to make their shares accurate.

and there have been questions about freerolling:
I am not freerolling, because only about 10-20% of shares will be under the markup system. The rest are invested via the PTP system, where there is no markup, but the investors get a 50-80% cut (the 80% cut is a no-makeup cut, and is the exact same thing as a 1.25 markup). All the investors listed above under PTP/offsite investors have booked under this system. For example, my backer who has 53% of the action has actually, if translated into markup terms, bought 26.5% at a 2:1 markup with makeup. So in effect, if the non-markup investments are converted into markup expressions, I actually have at least 50% of the action in this package.

I am putting $2000 - $2800 of my own $$ in, and then on top I will reinvest the markup for the 10-20%ish sold here on 2+2, so it really isn't even at all close to a freeroll as 20%-30% of the funds will come directly from my pocket, not from markup.

Let me know if this isn't clear? It gets confusing when markup and non-markup investments are lumped together, but I want to be transparent about who is taking what action.

I can also accept interac or moneybookers now that I am in Canada.

5% sold on PTP

8% left