Winning Player Fergwrx WSOP package - Page 17 - Selling Shares

this was for my 80/20 deal for $109 and over mtts so there is going to be ~5,782 going towards payback but im double checking all my numbers with my backer now. I am pretty sure the 5782 has to go to bootswild since he is backing me in everything under 109s since august 25th as long as he was paid back first was our original agreement and he was owed 7900 but im talking with them now to figure out the plan of action and then I will post an update.

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12-20-2010 , 12:49 AM

#402

The Lipo Fund

grinder

Join Date: Dec 2006 Posts: 13,484

gj !!!

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12-20-2010 , 02:00 PM

#403

fergwrx

journeyman

Join Date: Jun 2008 Posts: 213

I just talked to boots and he has agreed to only take 3500 of this and let me give 2282 towards paying back.

I wanted to ask for everyone's opinnion if this should go back to people that are owed from swaps or if it should goto the PTP distribution. Please let me know your thoughts so I can send it out today.

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12-20-2010 , 06:21 PM

#404

NHFunkii

Carpal \'Tunnel

Join Date: Jul 2005 Posts: 14,649

I'm confused, how is 20% of 50k ~5782?

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12-20-2010 , 06:44 PM

#405

tufat23

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 11,632

do i have to do the PTP thing to eventually get my money back? or can i jsut wait and expect it sometime in the future?

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12-20-2010 , 08:45 PM

#406

fergwrx

journeyman

Join Date: Jun 2008 Posts: 213

here is the link to follow paybacks...http://forum.parttimepoker.com/appea...ml#post8340141

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12-20-2010 , 08:49 PM

#407

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

Quote:

Originally Posted by NHFunkii

I'm confused, how is 20% of 50k ~5782?

i am confused as well

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12-20-2010 , 09:15 PM

#408

ItsOnlyChips

veteran

Join Date: Nov 2003 Posts: 2,230

Quote:

Originally Posted by NHFunkii

I'm confused, how is 20% of 50k ~5782?

part of it is going towards makeup

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12-21-2010 , 04:31 AM

#409

WEC

veteran

Join Date: Dec 2006 Posts: 2,473

Final Table in $162.....GL to you guys

I helped by getting knocked out 9th

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12-21-2010 , 07:17 AM

#410

fergwrx

journeyman

Join Date: Jun 2008 Posts: 213

Quote:

Originally Posted by WEC

Final Table in $162.....GL to you guys

I helped by getting knocked out 9th

shipped it for 22k sent another $4400 towards payback. If you havent done so please refer to payback thread

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12-22-2010 , 02:21 AM

#411

jimmyc123

Pooh-Bah

Join Date: Jan 2009 Posts: 3,884

do we have to post in that thread to get our share of it when they divvy it up or whatever? i posted somewhere on ptp awhile ago with my info and % but i dont really go on the site or know whats going on over there

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12-28-2010 , 10:17 PM

#412

tufat23

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 11,632

Quote:

Any other 2+2 members who were invested in your WSOP action will have about a week to join the forum and claim their shares, so if you could post that in the WSOP thread on 2+2 that would be helpful.

i thnk im a little late, will i still be able to get into, or should i jsut expect what im owed later ferg? lmk

Quote:

mobills, fitzcat, NHFunkii, jimmyc123 and tufat23 (5% each):
$1500 * 1.2 + $10553 * 0.05 = $2327.65

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12-28-2010 , 10:25 PM

#413

Taste_Them_Aces

Pooh-Bah

Join Date: Nov 2008 Posts: 4,424

Quote:

$1500 * 1.2 + $10553 * 0.05 = $2327.65

must be missing something, because that doesn't add up to $2327.

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12-28-2010 , 11:22 PM

#414

stevster77

grinder

Join Date: Apr 2010 Posts: 502

Quote:

Originally Posted by Taste_Them_Aces

must be missing something, because that doesn't add up to $2327.

(1,500 x 1.2 = 1,800) (10553 x .05 = 527.65)

1,800 + 527.65 = $2327.65

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12-28-2010 , 11:39 PM

#415

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

PEMDAS

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12-29-2010 , 12:15 AM

#416

JaredFoglePRO

adept

Join Date: Nov 2009 Posts: 906

Quote:

Originally Posted by Zima421

PEMDAS

What a convenient way to remember the order of operations. What you did is there, and I see it.

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12-29-2010 , 12:37 PM

#417

Fitzcat

grinder

Join Date: Sep 2002 Posts: 652

Quote:

Originally Posted by tufat23

i thnk im a little late, will i still be able to get into, or should i jsut expect what im owed later ferg? lmk

Ditto, I didn't do anything about this yet. Should I still post in the other thread or can I just wait?

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12-29-2010 , 03:45 PM

#418

graphiteusa

grinder

Join Date: Dec 2009 Posts: 488

post in the other thread for sure

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12-29-2010 , 06:15 PM

#419

jimmyc123

Pooh-Bah

Join Date: Jan 2009 Posts: 3,884

i posted in the other thread awhile ago, has there been any paybacks yet?

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12-29-2010 , 07:04 PM

#420

graphiteusa

grinder

Join Date: Dec 2009 Posts: 488

he paid back a few chunks...it hasnt been distributed yet as they try to wait a little bit for a larger chunk so its less admin work

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12-29-2010 , 09:11 PM

#421

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

Quote:

Originally Posted by graphiteusa

he paid back a few chunks...it hasnt been distributed yet as they try to wait a little bit for a larger chunk so its less admin work

lol...wat...?

god forbid they send the money back to people who deserve it. doesnt matter how much "admin work" it takes. They should be refunding the money as it comes in. if everyone is getting $1.50 at a time, so be it.

Dont the admins get paid for what they do over there?

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12-29-2010 , 09:52 PM

#422

jonrubs

old hand

Join Date: Aug 2007 Posts: 1,999

Quote:

Originally Posted by Zima421

The Mods dont get paid. The admins get paid from Bap Fees and what not. I mean can you imagine the headache of trying to sort out who has what % of what and having to ship to the countless people he stole from?

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12-29-2010 , 10:16 PM

#423

pageh656

Carpal \'Tunnel

Join Date: May 2006 Posts: 9,988

LOL

thoughts thats what the % cut and fees were for

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12-29-2010 , 10:17 PM

#424

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

Quote:

Originally Posted by pageh656

LOL

thoughts thats what the % cut and fees were for

+1

i am sure its the admins who are dealing with the refunds, right...?

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12-30-2010 , 01:57 AM

#425

jonrubs

old hand

Join Date: Aug 2007 Posts: 1,999

Quote:

Originally Posted by Zima421

+1

i am sure its the admins who are dealing with the refunds, right...?

Yes but they also have a bunch of other distributions to day daily and they have to have people double check their math before they ship incase the #s are wrong and stuff. If someone wants to make everyones job easier figure out all the screenames and make an excel sheet instead of leaving it on an admins job when we know any other investor would hate to have the headache of doing the job that they are dealing with in terms of the fergwrx payouts.

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