Quote:
Originally Posted by DoubleFly
Shane, the longer you let this go without responding, the worse the morale/panic is going to get. "Assuming" Lock is not some sort of ponzi scheme about to go belly-up, if you intend to remain in business, I suggest you:
1. Set a transfer policy going forward so people can trade funds and not feel like they can never get the money off - there seems to be some confusion on this matter and this is crushing the value of Lock funds in the trading market. This should take 1 meeting amongst the decision- makers to resolve.
2. Deal with any past collusion/wrong-doing later. You need to stabilize the ship first - you don't need to do everything at once.
3. A small token release of some cashouts, even if it has to come from the owner's pockets, would also be good for morale.
You have now dipped below Merge in volume according to pokerscout, and prospects aren't looking particularly good right now.
1. The policy on transfers going forward will come shortly, I have meetings on it this week.
2. The wrong doing has been dealt with.
3. There are cashouts already on their way out this week, just as cashouts went out last week, the week before and the one before that.