I e-mailed him with this question:
Hello.
I dont know if you are the right person to contact, I just found your email in a newsarticle on microgaming.com.

I am wondering when we will get further information about what will happen to the money that people had on their accounts at the clients that had their software licenses suspended. I understand that there might not be a solution yet, but if you could just give some sort of clarification to this case that would be great.

And i got this response:
In response to your email. Firstly, we are an independent PR agency and not part of Microgaming itself, so the only information I have on the situation has already been made public.

I can confirm that Microgaming is currently waiting on more information from Tusk Investments – in particular, details of the appointed liquidator. Until it has this information, I am afraid it is unable to comment further on the situation. They appreciate the frustration this may cause and hope to have further updates soon. You can find full copies of the two statements on the website.

Regards
Stuart

wow this is going to take months.

More updates:
First of all.. you got to be kidding me.. almost 600 post and thousand of players and only 4 people for a grand total of 100K have emailed me and consider taking this further action. If you are interested email me with how much tusk owes you at FundInTusk@hotmail.com

Now why on earth my Australian lawyer is not able to find TUSK INVESTMENT CORPORATION LIMITED when that is exactly copy pasted from the MGS public press. Here is his response:

There are only three names which have 'Tusk Investments', in their title,
ACN 076 682 936 REGD TUSK INVESTMENTS PTY. LIMITED
VIC 1385053V RMVD TUSK INVESTMENT HOLDINGS
QLD BN20482437 REGD TUSK INVESTMENT HOLDINGS

Only one of them is 'Pty Limited'. That is, only one of them is a company.
The information you sent to me is simply wrong. There is no company called
Tusk Investment Corporation Limited. It does not exist.

All those skins owner that have deal with MPP and tusk please email me where tusk registered so i can follow up with my lawyer and get more info about them and thier liquidator etc...

and here is from another document sent to me by my lawyer
"Global Approach Limited
Independent Expert’s Report
23 May 2006"

I just copy paster the tusk section.
"4.1.3 Regulatory Environment in Australia
Australia has a Federal Law to prevent Australians from playing online. Australian Federal Law does not prevent online casinos to operate from the licensed jurisdiction of Kahnawake in Canada providing they do not allow Australian residents to play at the Casino. The latest technology is applied to prevent access by Australians."

Tusk Group Structure at 31 March 2006

[Tusk Investments Corporation
(Inc. Vanuatu)
TIC
(Company Number 28453)]
|
|
V
[Newecon Ltd
(Inc. Australia)
“NewEcon”
Gaming Service Company]
|
|
V
[MyPokerProfit
(Inc. Australia)
“MPP”]

4.3 History & Activities
NewEcon, the operating company of the Tusk Group, is an unlisted Australian public company that was established in 2000. It now has over 45 full time staff. The Company specialises in the online casino management and is currently involved in the management of several online casinos.
These online casinos are licensed by the Kahnawake Gaming Commission which is based in Kahnawake in Quebec Province in Canada. The casinos use Microgaming Software, a leading online gaming software supplier.

The Company also provides consultancy advice in relation to the following:
• Internet product marketing;
• Internet site development and e-commerce solutions;
• Hardware and Network requirements including web servers and global distribution points for internet sites;
• Security, including full encryption for privacy and financial protection; and
• 24/7 call centre to assist clients with their needs.
Revenue Streams
Revenue has predominantly been derived from the following:
• Casino fees – income associated with the management of seven online casinos.
• Poker fees – poker is the fastest growing segment of the online gaming market.
NewEcon has derived significant revenue commencing during FYO6 from the
management and ownership of a number of online poker rooms. Operating Expenses Operating expenses include legal fees, IT expenses, NewEcon consultant payments and other consultant payments.


4.4 Capital Structure and Shareholders
The shareholders in Tusk Investments Corporation at 31 March 2006 are as follows:
Table 8:
Shareholder %
MDA Capital Limited 59.0
James Canning-Ure 19.5
Brian Cooke 19.5
Anthony Say 2.0
100.0

4.5 Financial Position
The unaudited pro-forma statement of financial position for the Tusk Group at 31 March 2006 is presented below:
Table 9:
$
Current Assets
Cash & cash equivalents 6,468,747
Trade & other receivables 435,354
Other 314,468
Total Current Assets 7,218,569
Non Current Assets
Property plant & equipment 87,090
Intangible assets 1,172,560
Deferred tax asset 57,140
Total Non Current Assets 1,316,790
Total Assets 8,535,359
Current Liabilities
Trade & other payables – players purse* 6,072,337
Trade & other payables – other 1,894,345
Provisions 131,256
Interest bearing liabilities 666,667
Tax liabilities 30,856
Total Current Liabilities
Non Current Liabilities
Provisions 21,962
21,962
Total Liabilities 8,817,423
Net Assets (282,064)
EQUITY
Share capital 5,010
Accumulated losses (287,074)
Total Equity (282,064)
* Player balances held in trust

This is absolutely unreal that i still cant find tusk business registration. but the most important good news is * Player balances held in trust[/I] if i understand correctly that means our money is safe... or at least safer than if it was not held in trust. (just guessing though)

Probably I'm very naive regarding business and law things but I really don't understand what the problem is with our money.
I mean I deposited my money at battlefield to play there, they earn money on me in form of rake and whatever happened it is still my money there.
It really doesn't matter for me what kind of 3rd companies are involved there and what happened to them; I deposited my money at a microgaming skin so firstly they are responsible for it by oneself and secondly it is not their business money it's my respectively our money.
I know that banking houses of course operate with the customer's money but a pokerskin don't have the authorisation to operate with the deposited money, at least I thought they wouldn't do it, so I find it ridicoulous that we don't get our money instantly.
I don't know if you understand what I mean since english ist not my native language and I know that battlefield and other pokerrooms involve are almost in the same situation as the players so it is directed to microgaming.
Normally I'm a very patient and calm person but I'm really really pissed and I'm in the mood to do EVERYTHING to get my money back.

I believe newecon is the old name of Fuze Media. Certainly the domain redirects to Fuze now.

(Edit: to point out the obvious, for anyone that doesn't read all the details: Fuze Media appears to be the operating unit here).

Your lawyer would have been looking for an Australian company, not a Vanuatu one. I doubt he could help with a Vanuatu liquidation. I previously looked for an online register of Vanuatu companies, but didn't find one. I only looked briefly though, so I could have missed it.

"The company was founded as Macarthur Capital Pty Ltd. and changed its name to MDA Capital Pty Ltd. and finally to Talbot Group Holdings Pty Ltd. in 2006." Link. I believe it's a private holding company for Ken Talbot.

A Vanuatu company operating in Australia should have registered as a foreign corporation. I have not found where to search that database, but fmohasse's lawyer should know.

if MG is reading an watching i have a request can u add 6 man rounders stgs were top 3/6 get toks in rd 4 like T6 poker i think ud get more action in the rounders circut vs what runs nowadays. thank you

What do you mean with "this further action"? I guess you wrote it somewhere but this thread is so long already...

To summarize, from what I can tell from the Independent Expert's Report and other sources:

Tusk Investments Corporation (Inc. Vanuatu) (Company Number 28453)

owns

Fuze Media Pty Ltd (Inc. Australia)
They did the payment processing, customer service, selling skins, etc.

owns

MyPokerProfit (Inc. Australia)
The players' funds are probably in a bank account in this company's name.

well i was hoping that tusk investment corporation would have been register in Australia so we can get our hands on somewhere with regulation. but Vanuatu a country with 220K population has rather very questionable law. it is just a company set offshore.
So the main question now is WHO WITHHOLDS our money. tusk investment corporation fuze media pty ltd or MyPokerProfit?
self made where is your source that mypokerrprofit is holding the money in their bank account?
and now the main question is if mypokerprofit has the money in trust then what would happen to mypokerprofit and the trustee account if tusk a mother company in Vanuatu goes to liquidation... it is even hard to find lawyer there.. and i really think good chunk of those lawyers are on some of these offshore company payroll..

can someone email me all the agreement that we have click on before signing up with battlefield and before depositing money there. FundInTusk@hotmail.com

thanks

No source: it just makes sense. Fuze does the operations in return for fees from MPP. Why would there be a MPP subsidiary if it didn't have assets? I could be wrong, but that's what makes sense to me.

Right now, it would be the liquidator that's withholding the money... if it's even all there.

WTF? stop lying I emailed you (about 12 hours ago) and told you I had just short of 400k, so that right there is more than 100k

what???
why would i lie about that..
beside i have 8 people for grand total of 160K by now.. i still dont have any email from you....or anyone that is more than 30K tied in to prima.
and i start to really doubt if we can purse any sort of legal action since they are in Vanuatu i start to look for lawyer there as well.. but no luck so far...

In the US (where we happily have a common law tradition just like Canada, England and Australia tyvm) the US assets of a foreign bankrupt company can be administered in the US under chapter 15 of the bankruptcy code. It is new (Oct. 17, 2005), but there might be some chance that Australia has something similar? Ask.

As for spending your money on attorneys - you just want to be informed of the law, what they can do for you, file a claim if necessary, and consider actions against principals of related companies for violations of the 2001 corporations code (or whatever its called). It really shouldn't cost you more than a few thousand dollars unless and until there is a lawsuit necessary. The point is to put yourself in a position to litigate on quick notice if necessary - and that shouldn't cost too much up front just getting your local counsel up to speed.

GL to you guys. Maybe one of the skins could get in touch with you and you can compare notes - you are obviously not similarly situated and could become adversaries at some point, but your interests seem pretty well aligned at this time.

This is outrageous, how long is it going to take for Microgaming to react before they start seeing the whole network crumble?

you will be glad to know MGS has it 2 lowest peak traffic days of the year this month with the other days not looking as good. So clearly the loss of Tusk sites is having some effect.

Your money would be no safer with a bank without FDIC protections. There are no such regulations with poker sites. This is part of the reason why so many want poker to be regulated.

At this point we have to figure out who is/was withholding the player purse then at least we know with what jurisdiction we are dealing with? Because clearly the player purse is shown in Tusk investment corporation limited balance sheet. and i suspect that they are the one that hold the fund in trust. in that case we are dealing with Vanuatu law system.
but if the fund is being hold with mypokerprofit or the Fuze Media Pty ltd then we have to gather more info from an Australian lawyer.

Can the skin owner please verify which company was holding the fund?

im thinking exactly the same as you

So i guess those mans are holding our money right now... if Tusk is actually holding our money.

If Tusk is holding our money then we are fully dealing with Vanuatu laws, we absolutely need to be inform about their how they work there. Considering what fmohasse said could it be kind of a fraud like maybe Vanuatu has no laws concerning our position and could just fly away with our money ?

I can't beleive there is still no official statement from anyone.
2+2ers are informed, but imagine the occasional, non informed player...

I didn't meant Vanuatu companies are fraud. Company go there to avoid auditor, tax guys and regulation and protect the owners privacy as far as i know. The law there and Australia is totally different. Currently i am looking into finding a lawyer in Vanuatu but i have not had any luck yet.. and with weekend around the corner i doubt i get a hold of anyone there before Monday. I will repost here again as soon as i got more info.

We are still not sure if mypokerprofit or the Fuze Media Pty ltd or Tusk investment is holding the money... and that is extremely important question before we can proceed any further . i have emailed MGS already and of course no response.

Some random information

Skin owners take 62.5% rake but have all players deposit fees charged to them and a 2% charge to cover repudiations taken and held for 6 months

MPP take 20% rake

MGS take 17.5% rake

MPP will provide the owner with the following services as part of the service fee paid by the site owner:

- 24 hour, 365 day call centre to deal with all player support issues;
- Fianance management including payments to wowners, their registered affiliates and players
- Total fraud management services
Provision of depositing gateways and the associated real money depositing methods
- Business and Poker room reporting
- Ability to operate on the Microgaming Poker Neetwork
- Licenced poker room on the Microgaming Poker Network
- Licenced MPP software for campaign, affiliate and business management
- Various software updates for poker room software and MPP software
- Tournaments and promotions available on the Microgaming poker network
- Selected web development for agreed product enhancements and any bug fixes
- Kahnawake Gaming Licence

13.2 Either MPP or the owner may, at it's option and without prejudice to any other rights and remedies that party may have, terminate this agreement for just cause giving thirty (30) days written notice to the other:

(a) if the other becomes or is likely to become subject to any kind of insolvency administration (whether formal or informal, voluntary or otherwise) or bankruptcy.

MPP
Mr Shane Edwards
Fianancial Manager
My Poker Profit
GPO Box 962
Brisbane
Queensland 4001
AUSTRALIA
facsimile +61 7 3815 1990