DF for all credability has informed us of all thats known...
there is no more to tell the rest is all speculation...
realistically we have nothing on the horizen thats proven
pointless asking stupid loaded questions...
if this answer were known more info would be out there to us all!

Are you optimistic about a deal being done? or as far as you know there isnt even anyone interested in buying FTP.

Its not poor wording , its more people are looking for news where they will get paided back. They want it so badly, they misread many posts as a sign a deal is coming/

I wouldn t worry about

I believe if Whowhoowl wanted an answer from a dude in a basement he would say " Dear Mr Basement Dude" and not ask for DF

You'd be surprised how hard, i.e. long hours and weekends, people (lawyers mostly, and yes, they're people too) at DOJ work when something is at a critical point. The issue is whether FTP/PS is such a thing or at such a point.

"Negotiations" in such a deal aren't evenly paced or face to face, sometimes communications between parties are hourly and then maybe days go by while some additional due diligence, legal research or conferencing with clients is being done. The fact that talking is not occurring doesn't mean that important work isn't being done. Often progress is delayed by some critical personal matter such as a medical procedure or vehicle accident. If it is moving forward there is probably work being done by someone most of every day.

Really? Is anyone surprised at that?

Landofthefree, what part of the Constitution does the law that they are enforcing violate? Which law are you referring to as well?

A surprising call from Pocket Kings:

article in german

http://www.pokerolymp.com/articles/s...gen-begleichen

sorry don't have time to translate.

cliffs:
PK calls Pokerolymp, say they want to pay some of their debts for advertising.
DoJ released some of the frozen funds to make PK able to pay debts to former marketing partners.

PK will be liquidated.

All assets of PK go to the DoJ.

Pokerstars will have to buy the complete package from the DoJ and found a completely new company.

sounds good

article is also available in english btw

http://www.pokerolymp.com/articles/s...e#.T-HV88XjaAc

Shoulda saved your bold because 1. the article doesn't say that and 2. it isnt true.

Thats good news i guess...
@ D_F: from the article: ''The Financial Controller stated, that the Pocket Kings Ltd. is on the verge of liquidation which will be supervised by the DOJ.''

We can keep repeating it forever, but for now, only like the 4 millionth time, the DOJ did not steal YOUR money.

Article is probably mostly speculation based on something they heard back from PK. I do agree that it is likely that all of this will end with a liquidation of the assets, but strictly because of that the DOJ can't release funds.

From the english version:

"The Financial Controller stated, that the Pocket Kings Ltd. is on the verge of liquidation which will be supervised by the DOJ."

"Independent from the outcome of the deal between PokerStars and the DOJ the PocketKings Ltd. will be closed."

By legal definition that's true. In all practical definitions false. Money going through payment processors was our money. It was a hop skip and a jump away before they took it. Possession may be 9/10ths of the law but common sense trumps the law 10 out of 10 times.

I contract for the government and believe you are probably wrong. If hundreds of millions are on the line there is a very good possibility that they are. Not everyone that works at DOJ is a Federal government employee.

Also this says nothing for the PS side which probably is working 7 days a week as well.

zero

FTP died because it didn't account for losses caused by busted payment processors and uncleared deposits. The question is why didn't they try to get the money back if they have good legal arguments for their case.

I will play the devil's advocate for a second and ask you which account that was frozen on BF had your money in it?

FTP player account balances exceed $ 300M...moneys frozen for FTP on BF amounted to ~ 10% of that.

Please tell me where your money is and who has it?

I am seriously not trying to be a smartass here, just trying to state facts. I get that people want to blame the DOJ for all this mess. They were taking enforcement actions. The whole idea of whether the law(s) are ridiculous or not is not pertinent to this claim. The DOJ does not have your money.

And just to clarify for those that sensed it was some joke, the parties are working on this "deal" 7 days a week, and fwiw, that was also the case with the parties when the GBT deal was in negotiations.

This does not mean that every single person involved on all sides sits at a desk or in conferences together working on this case 24/7, and obviously days go by without anything of substance being accomplished, but people from all sides don't work on this only M-F from 9-5, it really is 7 days a week.

This is just nitpicking but are you sure you don't mean 5 days?

I'm sure, I mean 7.

It almost certainly is 7 days a week. A large number of lawyers commonly work 7 days a week and near universally work 6 days a week.

I would guess they are close if they are working that many hours?