Disgraceful, complete lack of respect to investors. Plus what about all your mates who came in here and vouched for you. They now have had their judgement called into question and are left with egg on their faces.

at the very least give the 10%'er (Redgrape I think) 3.33x the freeroll that the 3%er gets

This sucks for the marketplace and more specifically the investors Tim is freerolling.

hey gettym not sure if that's directed at me, but since I was the first (and I think only) person who initially suggested a freeroll as a compromise it might be.

i'm not friends with OP, only met him once I think. I was just trying to help out and offer something at the time (after day 1) that gave the two guys a chance at getting most of their expected equity (if not more, it's a 100 peson 10k sold at 1.2:1) without tmay giving up this 13% in action.

it wasn't addressed at the time, so it's pretty moot as the time to compromise was then and there.

hella over it

ahhhh ty

Wow at that post. The fact that the people that bought pieces (yes, if you have ever done business in the marketplace, they BOUGHT pieces) have seemed open to some sort of compromise and he comes on and makes a post like that is really insane. To just say that is what he is giving like there isn't a discussion after that really makes me think he should be on the hook for the entire amounts. Because when you break down the reality of it, he really should be. The only reason that a compromise seemed to even be considered was because of his reputation but he really blew that out of the water with one post.

yikes, what a terrible post Tmay. How could you really not take the 5 minutes to read fifty posts on such an important topic (its about you!). The fact that you categorize the late shares bought as "sneak attacks" is a joke.


Looks like the action is booked to me


edit: was gonna say I could see trying to work out a freeroll, but after that disrespectful joke of a reply...I agree with McNitterson, he should def be on the hook for it all

+1

____


OP, think before you post/don't post

can't believe he didn't read the thread

I think after it's all said and done, Tim will make this right. He definitely can't make it any worse than he did with his reply, which was of course way worse than not replying at all until the event was over and he had a chance to read the thread.

Disappointed by the way my friend has dealt with this so far but confident he will come around and do the right thing.

In the real world negligence cost "you" .... And unfortunately here, in this situation, tmay, you were negligent of this thread. It really doesn't matter how long you left the thread Idle, or if you won 1 billion dollars in between you putting this thread up and the start of the event. (if anything that should make you check this thread even faster, because obv people will be jumping on the wagon)

If the investors posted itt and shipped before the start of the tournament they have action. We all understand you are new, but it is not the MPs fault for your negligence, it is your own.

Your last post came off the wrong way... I am someone who is frequently mis-understood on these forums so I can see that sometimes what we put down in a post might not come off the way we meant it... So I will give you the benefit of the doubt on that....

I think intentions are paramount here. Tmay had no intention of redgrape(and others) having a piece and I absolutely believe that if he had busted Day 1 he would have shipped the money back. You either believe him or you don't, but if you don't then you never should have bought a piece of him in the 1st place. This obviously effects his reputation and it's understandable if some MP people never want to buy a piece of him again, but I would have no problem with buying pieces of him in the future, and I think a lot of other reputable people would agree. Tim obviously ****ed up here big time though, and should feel really bad about it, and hopefully you guys can find some kind of way to rectify the situation, but I think if I was in a buyer's shoes I'd just be like "Sighhh, dammit, good luck"

He would have a lot more sympathy for his intentions if he didn't just make a post accusing investors of being "sneaky" by buying a piece of him before the event took place. Just no clue where that statement even comes from and really makes it less likely people are going to give him the benefit of the doubt.

I've always been a little wary of the guys who seem too cool for 2+2. Early reg date few posts really lazy OPs with really high markups for 5k+ events. When even Tourbound is posting better than you in your own thread you know you ****ed up somewhere.

I wouldn't say he's a scumbag but the way he handled this is very scummy. I would still probably buy pieces of him but not the kind he would ever want to sell. I do think he should be banned from the marketplace for this assuming he holds his ground

really??? after the "go **** yourself" post that tmay just made, I find that hard to believe.

I assume you guys are friends irl, but looking at this objectively I can't see how you come to this conclusion.

definitely shouldnt be allowed to sell in the mp anymore after that

+1

Let the tournament finish, give Tim the chance to read the thread with a cool head and respond. Anything in the meantime is just pointless piling on.

if im not mistaken,

i think THAY3R is separating the way he handled the situation with the end result of the situation.

meanwhile,

mcnitterson is suggesting that the way he handled the situation now makes the end result unsatisfactory bc a major factor for the argument that the % was not booked was that tmay had a spotless reputation.

if im wrong disregard.

Now that I have read a bit more and understand the marketplace more it seems I misunderstood a bit at first. Tmay clearly should have closed the action and it was very unprofessional of him not to... but can someone please explain to me why this place operates in a manner where both sides don't have to confirm action? And can someone explain to me why if there are any extenuating circumstances at all that there shouldn't be confirmation beforehand?

I just don't understand how just because he forgot to close the thread that means he's on the hook. Yes, he should have closed it out. And yes, he should have checked it after the Wynn tournament, but if there are NO questions about his intentions/being booked up, shouldn't that change the situation at all?

As others have said, the fact the rules in this place allow for scenarios where a person could be on the hook for paying out >100% means the rules here need to be seriously reexamined.

i understand that tmay doesnt wanna deal with this now (but lets be honest, its his fault anyway), but waiting til the mtt ends just seems awful. the sooner he figures this out, the better.


i find it hard to believe he cant find the 20 minutes in the day to read this thread and give his thoughts. if all he posts is "sorry guys, i would really appreciate the courtesy to finish this MTT and we can figure this all out later" that would be ok.

funny how guys need the MP to play mtts/get in action and now when a bit of trouble arises they are "hoi"

The problem with parceling out how things are resolved based on intention is it leaves every thread in tatters and mods can't possibly formulate a consistent policy about it. Vouching for character and intent can't possibly be the determining factor in most of these instances. Vouching was probably one of my biggest peeves while modding because everyone doing it or having it done for them wants it to count for everything except when they don't.

It won't get sorted out until the tournament ends anyhow, so trying not to do anything resembling piling on although if he isn't reading the thread unsure how that helps any.

I'm sure there's a better path somewhere down the road, and I'm just as sure it isn't a one way street.

maybe you should tell your friend this before he makes a disrespectful post and refuses to negotiate--- he refused to even read the thread ffs!

HEY GUYS SUE ME IF YOU DON'T LIKE YOUR HALF A PERCENT!

I would like to clear up why I was making a big deal that he won 300k during the downtime of this thread as well. It isn't because "zomg lots of money." It is because it makes the situation one where there is close to a 0% chance he would have any % left by the time this thread was bumped. Any person that won a tournament for $300k and wanted to sell 25% would just hit up the next person they saw or make one phone call and make it happen.

I would also like to apologize to the community for coming in and posting like I understood the situation when I am clearly am not a marketplace reg and didn't understand the rules here. I just feel that the fact there was close to a 0% chance the pieces were available when the people tried to buy them ITT should matter more than the fact that a dude got busy/lazy and forgot to close out a thread.

That's how I would have responded/acted after his Day 2 post. If I felt I still had his action and then read his later response then yes I'd be pissed, but I never would have felt I had his action.