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Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Official 250$/500$ UB/AP cashout thread (NOT a transfer thread)

10-24-2011 , 12:56 AM
I agree with pokeraddict. I really have a hard time envisioning a scenario whereby we get good news around October 31st, although any kind of update or communication at this point would be positive.

Assuming they owe approximately 50 million, I'm sure they have a few million available to them right now. But, unless they get money "unfrozen" by the DOJ, they certainly aren't going to have anywhere near enough cash to pay everyone in full. So, hopefully the lawyers from Blank/Rome were able to get some cash unfrozen. And, even if they did accomplish this, I would guess this still would not cover all player liabilities. Therefore, it would be necessary for UB and AP to currently be generating a profit, to eventually make up the difference. However, this certainly can't be the case as the traffic is virtually dead.

I hope I'm wrong, but we'll see what happens. Like I said, any communication at this point would be positive.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-24-2011 , 01:29 AM
cashier is working for me now too, but have been waiting for my 250$ from both ap/ub since 9/29/2011 8:13:08 PM... still pending. smh
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-24-2011 , 01:30 AM
and fwiw the live help is down
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 05:27 AM
Is UB/AP allowing any transfers for anybody?
I would like to know if the offers made in transfer threads are viable.

tx
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 09:59 AM
bank transfer just hit my bank
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 10:20 AM
Quote:
Originally Posted by Rainbow Warrior
Is UB/AP allowing any transfers for anybody?
I would like to know if the offers made in transfer threads are viable.

tx
Europeans and Canadians have been using transfer after BF sucessfully selling increments of money for around 0.15$ a dollar lately, the transfer takes like 10min to clear tho.

But yeah I have been trading money back and forth on there after black friday.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 12:18 PM
Quote:
Originally Posted by mattyj999
bank transfer just hit my bank
when did you request it?
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 01:20 PM
Quote:
Originally Posted by Salats
Europeans and Canadians have been using transfer after BF sucessfully selling increments of money for around 0.15$ a dollar lately, the transfer takes like 10min to clear tho.

But yeah I have been trading money back and forth on there after black friday.
Thanks.

I've heard of possible cashier problems due to IE update.

Anyone able to make a transfer is having them go through instantly.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-25-2011 , 09:57 PM
My bank transfer from Absolute that I requested on August 10th was authorized on Sept 28th and then subsequently cancelled on Oct 6th. In the cashier window under my payout history, the withdrawal is listed as "Rejected". When I hover my mouse of the word "Rejected" I get a little pop-up that say that "Unfortunately there has been a problem at a banking level that do not allow us to process the transaction. Kindly choose from another one of our payment options." (The grammar error in the quote is theirs.) Also under account history under the credits history field it notes the following: "[Adjustment] Withdrawal request Cancelled (by customer)," even though I obviously didn't cancel the withdrawal.

I was able to get a bank transfer from UB in August, so there is nothing wrong with my bank, but clearly something wrong with Absolute. They also have yet to respond to my email inquiry.

-Carlos
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-27-2011 , 05:38 PM
some sorta hopeful news from the nvg cereus thread:
http://forumserver.twoplustwo.com/sh...postcount=5246
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-27-2011 , 06:54 PM
Quote:
Originally Posted by jdAA88
some sorta hopeful news from the nvg cereus thread:
http://forumserver.twoplustwo.com/sh...postcount=5246
they are expected to say that...

they wont tell us what we know, that they are near broke and struggling (?) to survive
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-28-2011 , 06:15 AM
Anybody been paid post 9/29?? I am using instadebit fwiw.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-28-2011 , 12:36 PM
http://gamingcommission.ca/news/pr10272011a.pdf

Last edited by jdAA88; 10-28-2011 at 12:42 PM.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-28-2011 , 03:29 PM
Quote:
Originally Posted by jdAA88
Is this to be interpreted as a standard formality from
KGC or any weight behind it?
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-28-2011 , 08:09 PM
Quote:
Originally Posted by thejem
Is this to be interpreted as a standard formality from
KGC or any weight behind it?


either way we are screwed, one interpretation is worse than the other.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-28-2011 , 09:00 PM
At least there is chance that we get some pennies from the furniture they will sell...
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-29-2011 , 05:31 PM
Quote:
Originally Posted by thejem
One time or not ?
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-31-2011 , 02:13 PM
I just received the responce to my email and it was not an automated answer:
Hello ***,

Thank you for contacting us.

At this time, you have accumulated a total of 2361 raked hands.

Please do not hesitate on contacting us in case you require any further information.

Regards,

Dave
Deposit Center
www.absolutepoker.eu

Your preferred deposit method just got better. To find out what kind of CASH bonuses you qualify for on your next deposit check out this link:

*** *** Posted on: 10 Oct 2011 8:59 AM
================================================== ==============
Hi, I received free money at AP through *************.com, according to
their terms I had to play 2500 raked hands to be able to cashout, the last
time they checked I had 2042 hands, I've been playing occasionally since
that time, can u please tell me how many hands I need to play to complete my
bonus

Bye, best wishes, I hope to see Cereus running again.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
10-31-2011 , 03:51 PM
still waiting for my cashout zzz
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
11-02-2011 , 05:02 PM
Dear xxxxxx,

Thank you for contacting us.

We understand that there is some speculation circulating about the current status of account withdrawals for Non-US players. For you personally, we recognize that this raises some concern about your pending payout at Absolute Poker/UB and why it is taking longer than usual to complete.

At this time, we must advise you that all Non-US player payouts currently in the queue for processing have been placed on hold. This decision has been taken in the interests of expediting the process of distributing funds to all qualified players. We want to assure you that the distribution of player funds has been, and remains, our highest priority.

To this end, you should know that we are currently in active discussions with a number of parties about potential sales opportunities, and we continue to work diligently to devise a solution that will allow us to distribute funds to players. This has been, however, a complicated process, and the determination of appropriate mechanisms for the safe and efficient distribution of funds to players has proven to be an especially difficult task.

Nevertheless, despite a series of formidable obstacles, we believe that we are close to finalizing a well-considered process of distributing funds to players that will be fair for all account holders. We expect, therefore, to issue a statement in the near future, providing the details of this process.

Please understand that ongoing legal negotiations have restricted our ability to communicate publicly more frequently about these matters. We hope that you will understand.

We appreciate your patience during this difficult period, and we will provide you with further information at an appropriate time in the near future.

Regards,
Jake

Customer Support
www.AbsolutePoker.eu
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
11-03-2011 , 04:31 AM
i got the same email as above
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
11-05-2011 , 07:42 PM
Waiting for my cashout since May !!

I still believe ....
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
11-06-2011 , 01:15 PM
Just got the same email but is was from Elisabeth. Whatever.
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote
11-12-2011 , 09:10 PM
Waiting for my cashout since June
Official 250$/500$ UB/AP cashout thread (NOT a transfer thread) Quote

      
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