I will refund the unused buy-ins with markup. Since my markup on the package was 1.204, its $8,000 x 1.204 = $9,632. So for the refunds, each 1% is $96.32.

Right now we also have 4 cashes of:

$1,875 + $30,267 + $3,655 + $3,840 = $39,637.

So at the moment the package value is $39,637 + $9,632 = $49,269. This means each 1% is worth $492.69 and we still have three events to go!

I cashed for the fourth time in the package by finishing 81st in the $1k(event 56) for $3,840. As a result of making day two, I had to skip the $1,500 mixed-max. Both of these are included in the above numbers.

We bagged up a pretty big stack after day 1a in the little one for one drop and will be returning tomorrow with 41.1k. Since we got through on the first bullet, the second will be refunded with markup. So $1,111 x 1.204 = $1,338 will go back into the package value.

As it stands, package value is now $50,607 so each 1% is worth $506.07 plus I'm hoping to add to this total with a deep run in the little on for one drop. Congratulations everyone, you are all ahead $76 per 1% and we still have a big stack in our last event!

Finished strong with yet another cash in the little one for one drop for $3,034.

Overall we have 5 cashes for:

$1,875 + $30,267 + $3,655 + $3,840 + $3,034 = $42,671.

We also have refunds for the following events(all but one of these were missed because of deep runs in overlapping events):

06/14/14 Event 31 $1.5k NLH

06/15/14 Event 33 $1k NLH

06/18/14 Event 39 $3k NLH

06/22/14 Event 45 $1k NLH

06/30/14 Event 58 $1.5k Mixed-max NLH

07/03/14 Event 62B $1,111 mini one drop

Refunds total $9,111 x 1.204mu = $10,970

So with cashes of $42,671 and refunds of $10,970 this makes the end value of my package $53,641. Each 1% is now worth $536.41.

Congratulations everyone, you all profited $136.41 for each 1% purchased! I'll post payout amounts for each player later, and will process all payouts after the main event unless you need the money sooner(then just send me a PM and I'll get it to you ASAP).

Thanks everyone that took a piece and congratulations!

Oh should have said this in prior post but anyone that wants to be paid out in cash let me know and we can meet at the Rio. Otherwise can ship on stars(once I'm back in Canada), boa, wf, qp, pp, chk in mail.

So with cashes of $42,671 and refunds of $10,970 this makes the end value of my package $53,641. Each 1% is now worth $536.41.

Congratulations everyone, you all profited $136.41 for each 1% purchased! I'll post payout amounts for each player later, and will process all payouts after the main event unless you need the money sooner(then just send me a PM and I'll get it to you ASAP).

Thanks everyone that took a piece and congratulations![/QUOTE]


Well Done Scott! Made my June a lot more interesting, fun and profitable!
Ship the Big One!

oops profit was $106 per share since sold at $430....doesnt change per share value all the numbers are correct

That works out to 24.7% ROI, and in 6 weeks time nonetheless. Not too shabby!
Thanks for another great sweat, Scott.

Actually, when you remove the non-played events, the ROI would be quite higher, like around 33.5%.

Is that right?

I'm taking 43,000 - 10,970 refunds for non-played events, i.e., there really is no "investment" on those missed tourneys, which leaves net amount invested of 32,030. Net profit is 10,741 for the tourneys played and 10,741 / 32,030 = 33.5%
check: 32,030 x 1.335 - 42,760

Yep, that's actually correct. 33.5% actual ROI

Starting to get the payouts going, will get in touch with everyone that hasn't contacted me yet to find out payout preference. Will update the thread again once payouts are complete, my goal is to get this done by Wednesday. Thanks everyone!

Paid

jbage007 1% cash
mattidm 1% cash
tarheelhamm 5% PP
hankzata40 2% BoA

Not yet paid

DoubleB 5%
AAlegend 2%
Goose808(AVP) 0.5%
kidrino(AVP) 5%
aklawboy(AVP) 1%
joshuatree 2%
vookenmeister 2%
Ray W 23%
mellowmood 1%
zourah 1%
turdfergusen(AVP) 5%
cardiac 2%

Updating for payouts

Paid out

jbage007 1% cash
mattidm 1% cash
tarheelhamm 5% PP
hankzata40 2% BoA
cardiac 2% chk
AAlegend 2% QP
kidrino(AVP) 5% chk
joshuatree 2% wf
vookenmeister 2% boa
Ray W 23% roll
mellowmood 1% boa
zourah 1% chk


Not yet paid

DoubleB 5%
Goose808(AVP) 0.5%
aklawboy(AVP) 1%
turdfergusen(AVP) 5%

Scott,
Check recieved, thanks and good luck.

Payouts are complete with a few people rolling over. Thanks everyone that invested this summer!

jbage007 1% cash
mattidm 1% cash
tarheelhamm 5% PP
hankzata40 2% BoA
cardiac 2% chk
AAlegend 2% QP
kidrino(AVP) 5% chk
joshuatree 2% wf
vookenmeister 2% boa
Ray W 23% roll
mellowmood 1% boa
zourah 1% chk
DoubleB 5% boa
aklawboy(AVP) 1% wf + roll
Goose808(AVP) 0.5% roll
turdfergusen(AVP) 5% roll