It would be useful to also see which cashouts have been received. From the current report it just shows the unprocessed ones, presumably the ones which are processed then disappear from the data?
Yes - when a cashout on the Lock portion of the market report is received (not processed - check, WU, Skrill, Neteller, or Ecocard money is in hand), it drops from this report. But I'm also working on actual cashout data as well.
Updated for tonight - now up to 46 players listed on the report. I PM'd everyone that's submitted to make sure they knew to let me know when they get paid as well (keep things as up to date as possible).
Updated for tonight - now up to 46 players listed on the report. I PM'd everyone that's submitted to make sure they knew to let me know when they get paid as well (keep things as up to date as possible).
Okay, so of the people here Lock owes 46 people about $122,000. Here's the larger question for me. 122k is chump change for a company. Why would they stiff 46 customers who are on the most well known poker forum in the industry for a lousy 122k. For upwards of 6 months? Given all the heat and negative publicity that they would get? Is this a lemonade stand or a real company? Any company who had 122k in an account would run it down to the payment processor and clear this stuff up quick. They can't have anything to allow this situation to linger. They have to be near broke.
they owe a LOT more, thats pending cashouts, people want their whole roll off, which is in the millions of $'s
I get it. But if they wanted to continue the Ponzi scheme they could have had that dooshbag shane come up with a similiar pending cash out list. Then wittle it down a little bit to give the impression that all is well. They would have prevented a complete bank run as is happening now. Basically 122k would clear all of these pending cash outs on 2 + 2 and it would mute the criticism and get more rubes to deposit and slow the cashouts. They fact they don't have the liquidity to handle cashouts from 6 months ago means to me they are busto. Any of their employees complain about payroll yet?
Has Shane or Lock addressed this report. Both the number and dollar amount of pending cashouts are going up not down. Which would contradict their view that things are getting better?
It's going up, but not in a sort of "continuing to escalate" way. I don't doubt that is actually occuring - but since the Lock pending cashout report is only conprised of user submitted PM's, it's going up in the sense that more of those already waiting are getting themselves made more aware of their situation...if that makes any sense.
The total number of pending cashouts is not known - if I had that number, and had access to all pending cashout data, then I'd have a better idea of what is actually happening across the board.
I am pretty sure the numbers are a lot worse than what its shown. I don't think anyone has gotten a check in less than 4 months and most people are waiting 5-6 months if they are even getting them. Our only hope is that we get paid before the site goes under as I have seen this tale before with other sites and they all follow this same patten.
Check: June 17th
WU: June 17th
Skrill: June 24th
Neteller: June 6th
There have been 26 reported cashouts here for US players in June, and there have been 8 ROW cashouts reported.
Last month, PrimordialAA posted all the May cashouts in the NVG thread, and IIRC there were almost 60 cashouts. I then went and posted all the April cashouts, and there were ~70.
Last month, PrimordialAA posted all the May cashouts in the NVG thread, and IIRC there were almost 60 cashouts. I then went and posted all the April cashouts, and there were ~70.
34 is just terrible.
So pending cashouts (the backlog) are increasing and actual cashouts are decreasing! And yet Lock reps refuse to acknowledge this thread. Wow!
Sent you a PM with my information... I really appreciate what you're doing in this thread. I've pretty much chalked it up to a 6-month surprise bonus to be deposited in my bank account at this point and have little to no actual expectation that it will be fulfilled. Sad -_-
Since there were no reported value trades to report last night, I'll rollover the updated pending Lock cashouts >2 months section to tonight's update. But, here's the basics from end of business Wednesday to now as far as new data:
Number of players with pending cashouts reported:58 (Up 5 players)
NOTE: 2 players dropped from list (one Neteller, one Skrill) - EDITED AFTER POSTING (12:36pm EST)
Western Union
Totals: 3807 $40,421.59
Players: 36 +3 players
Avg Wait: 106 +1 day
Looks like people are panicking on the player to player transfers thread, tons of people offering to sell off lock funds. I wonder how much more it is going to drop.