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Old 05-05-2014, 11:33 PM   #1
gregy20723
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Interest in buying one drop action

Hey guys, this is Greg Merson. Im starting this thread to see what type of interest is out there for buying me at face in the One Drop this summer.

I would plan on taking 100-150k worth of my action.

You can PM or just post on here, i think i would want to sell in .5% increments.
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Old 05-06-2014, 12:02 AM   #2
cts
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Re: Interest in buying one drop action

2%
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Old 05-07-2014, 11:02 PM   #3
gregy20723
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Re: Interest in buying one drop action

26.5% sold so far
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Old 05-12-2014, 06:36 PM   #4
DGAF
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Re: Interest in buying one drop action

Update on amount sold plz?
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Old 05-13-2014, 02:56 AM   #5
gregy20723
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Re: Interest in buying one drop action

34.5% sold so far
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Old 05-13-2014, 10:49 PM   #6
jhn_lundgren
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Re: Interest in buying one drop action

what are the conditions....how much does an investor get on his investment, what %?
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Old 05-14-2014, 12:21 AM   #7
hoodskier
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Re: Interest in buying one drop action

0.5% = $5k
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Old 05-14-2014, 01:23 AM   #8
jhn_lundgren
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Re: Interest in buying one drop action

Quote:
Originally Posted by hoodskier View Post
0.5% = $5k
i understand that. what i'm asking is what % does Merson take for playing?

does a 10% investor get 10% of what Greg cashes out or does he get a % for playing?
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Old 05-14-2014, 01:55 AM   #9
Toupee Jay
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Re: Interest in buying one drop action

Greg, I would be interested in taking .5% just to sweat you. Please PM me. Thanks, Jay

Last edited by Surf; 05-14-2014 at 11:33 AM. Reason: removed phone number for security
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Old 05-14-2014, 03:30 AM   #10
PWallis
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Re: Interest in buying one drop action

Quote:
Originally Posted by jhn_lundgren View Post
i understand that. what i'm asking is what % does Merson take for playing?

does a 10% investor get 10% of what Greg cashes out or does he get a % for playing?
Read the first post again, it clearly says.
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Old 05-14-2014, 04:31 AM   #11
riverboatking
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Re: Interest in buying one drop action

Quote:
Originally Posted by hoodskier View Post
0.5% = $5k
Quote:
Originally Posted by jhn_lundgren View Post
i understand that. what i'm asking is what % does Merson take for playing?

does a 10% investor get 10% of what Greg cashes out or does he get a % for playing?
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Old 05-14-2014, 04:34 AM   #12
morello
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Quote:
Originally Posted by jhn_lundgren View Post
i understand that. what i'm asking is what % does Merson take for playing?

does a 10% investor get 10% of what Greg cashes out or does he get a % for playing?
Hi. In his original post, Greg said "at face", so that means if you buy 10% you'll get 10% of what he wins. There is no markup. Hope that helps.
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Old 05-14-2014, 08:37 AM   #13
Extreme Ways
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Re: Interest in buying one drop action

Does he take out money for taxes ?
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Old 05-15-2014, 03:03 PM   #14
winsorino
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Thumbs up Re: Interest in buying one drop action

Quote:
Originally Posted by Extreme Ways View Post
Does he take out money for taxes ?
he just wants to see interest but obvously everything will be stated in a legit thread or post with all details based on what could or couldnt happen
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Old 05-15-2014, 11:51 PM   #15
p2ryan
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Re: Interest in buying one drop action

anyone interested in splitting 0.5%?

edit: id send to reputable person

Last edited by p2ryan; 05-16-2014 at 12:01 AM.
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Old 05-16-2014, 05:41 AM   #16
jimmyc123
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Re: Interest in buying one drop action

Id prob take 5-10k worth. Pm me closer to Turny if ur gunna play
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Old 05-16-2014, 09:59 PM   #17
Atlantis1
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Re: Interest in buying one drop action

Quote:
Originally Posted by p2ryan View Post
anyone interested in splitting 0.5%?

edit: id send to reputable person
yeah i might be. But want to find out this tax stuff first tho, do i have to pay (for your ) taxes if im european?
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Old 05-17-2014, 04:59 AM   #18
p2ryan
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Re: Interest in buying one drop action

Quote:
Originally Posted by Atlantis1 View Post
yeah i might be. But want to find out this tax stuff first tho, do i have to pay (for your ) taxes if im european?
not sure. ive only dealt with americans with package scores (im american)
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Old 05-18-2014, 04:31 PM   #19
gruziaboy92
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Re: Interest in buying one drop action

.5%

I Pm'd you
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Old 05-18-2014, 07:40 PM   #20
Zima421
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Re: Interest in buying one drop action

OP, should reach out to guy. he surely would like another WSOP ME champ in the field.
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Old 05-21-2014, 01:21 AM   #21
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Re: Interest in buying one drop action

actually yeah can you confirm about taxes pls?
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Old 05-22-2014, 03:39 PM   #22
foobar
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PMed.
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Old 05-26-2014, 01:13 AM   #23
gregy20723
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Re: Interest in buying one drop action

Hey guys ive sold about 70%(need to do official tally from other computer). My cutoff date for having enough sold will be june 7th as i believe they are asking for full buyin paid mid june. Im using the cut off so that if someone were to back out i can find last minute buys and not have to be stuck firing like 30% of myself(although that would be fun)

Will keep you all updated in the next week or two, headed to Vegas tomorrow.


I will be depositing the 50k lock up this week so that I will have a seat assuming I get enough sold.
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Old 05-26-2014, 11:08 AM   #24
Atlantis1
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Re: Interest in buying one drop action

taxes?
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Old 05-26-2014, 03:01 PM   #25
gregy20723
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Re: Interest in buying one drop action

taxes would be the same as if you cashed in the tournament yourself. Ive paid out UK players before where they dont get any money taxed ect.

So basically whatever your country does for taxes when you play a poker tournament in the states is what would happen in terms of taxes.
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