Jeff,

1) How much of FTP money is seized/frozen by the DOJ?

2) Exact release dates for these "statements" please.

Thanks.

I'm not trying to be impertinent here, but you have avoided answering my questions.

I stated I knew Gordon had been dismissed with prejudice. I asked if you were present at the hearing and on what grounds was he dismissed>

It seems highly suspect that a supposed deep-pockets defendant would be simply released from the suit at this stage of the proceedings.

Why wouldn't the other defendants similarly be dismissed ?

I greatly appreciate Jeffrey's attempts at clearing up our confusion so far.

Due to past disappointments however, I hope someone is keeping track in some form or another of the questions which are not being answered / deferred to the future statements to be released,

since the substance of those non-answered (at the moment) questions are likely to be more important to the player's bottom line than the questions which have been answered so far.

Of course, if FTP has truly turned over a new leaf, then theres nothing to worry about and all our precious questions will be answered in due time.

Funny... we used to want our money. Now we just want answers for why we won't be getting our money.

Mr Ifrah

If there is no investor who comes thru to save the company from BR,does the DOJ have the power and/or the will to go after FTP owners/operators personal assets to raise money to cover fines and player balances? I am assuming FTP does not have the resources available without a big money infusion from an investor?

Jeff,

Any reason why FT is not going to release all three statements at once?

Your is an excellent question. But I am not and was not his attorney at the proceeding in question and that is why I indicated you would need to address that to him, his attorney or the plaintiff's attorney. Please let me know if this is still unclear.

Apologies if this has appeared in the threads before but did we learn what Alderney had found in its investigation that made them pull the licence so quickly? I presume it wasn't unpaid fees because they would have known that whether BF happened or not.

Mr Ifrah - do you have any insight you can share on this?

I don't believe there will be an investor. At what point can we expect FT to just pay out what they have left?

Announcing that there is going to be a statement is BS at this point. I appreciate what Jeff is trying to do, but to be honest it's just getting me more and more pissed off. Anythiing short of a complete statement of EVERYTHING that's going on and a start of payment is completely worthless. I have no reason to believe any propaganda that they and their shills may spew.

Jeff, this might seem like an off-topic question somewhat, but I think it will help a lot of us players relate to you, and your experience / knowledge regarding ftp if you could answer this question:

Do you play poker? Do you consider yourself a "poker player" in any capacity?

Did you play online poker, if so, where?

Jeff,

Is FT still negotiating with the current investor?

If all fails

I predict Howard Lederer, Andy Bloch, Phil Ivey, Chris Ferguson, John Juanda, Erick Lindgren, Erik Seidel, Jennifer Harman, Allen Cunningham, Gus Hansen and Patrik Antonius will join forces and sue FTP

I don't understand why people keep asking if the DOJ is going to seize the owners' personal assets and give them to the players. Why would the DOJ give back money to the people engaging in what the DOJ considers to be illegal activity?

+1

You may be right about this, but the DOJ did say they were in favor of players getting their money back way back close to BF. Now you may be right that this is total PR BS from DOJ. I just wanted to get his take on it since neither of us has hard info, just opinion!

Any comments on this? How are the class action suits affecting the 'search for investors'?

I guess everyone will have to agree that this is an answer that nobody yet knows. No, I do not play poker and never played poker online anywhere.

What is exceedingly clear is you don't want to answer my questions.

I asked if you were present at the Gordon dismissal hearing and you haven't even answered that simple question. It is no "secret" if you were there.

If readers of this forum are expecting any significant degree of important information or answers from you they are in for a surprise, judging from your avoidance at answering my questions.

I realize you have been hired to keep the owners of FT from criminal culpability and financial liability, but please don't insult the ones present here trying to collect our deposited funds and winnings with convoluted or non-answers to our questions.

We want to get paid. If FT doesn't pay us, we have chosen to go after the shareholders. Your job is to make sure the shareholders/owners of FT don't have to go into their pockets to pay us and make sure we can't get to their assets.

The conflict is blatant and your answers to our questions sadly reflect this.

Mr. Ifrah,

You stated that no satisfactory (defined by yourself as satisfactory for the players) deal has been offered as of yet.

Obviously, the investors understand up front that all player balances must be covered and a deal must be reached with the DOJ as well.

Given this, any "negotiations" must go beyond covering all player deposits and DOJ obligations. What are additional points of negotiation beyond those two points?

Sorry, I did mean to answer this and somewhere after 2 am dozed off. The investors certainly want any and all litigation including the class action matter settled. I don't think the case is having a positive or negative impact. I think everyone assumes that if players are paid and the investor closes the deal, there will be no basis to maintain the class action suit(s). This is not a certainty of course.

Why don't you call me and I can hopefully communicate better? 202-286-2111. I was of course at the hearing. I argued the company's motion with my partner. I was trying to answer the more difficult question of why was Gordon dismissed from the action.

Jeff,

Do you have any idea if FTP gets an investor and pays out, would they consider, assuming they have the money or assets, to do something above just account balance repayment? E.g. Cash for FTP points, or cash for the mid year bonus we should have gotten, or just a bonus for putting up with their clear ineptitude post Black Friday?

Have the FTP shareholders considered investing 'their own money' into FTP in order to stop it going bankrupt and to 'reap the future rewards'? I'm assuming that it (FTP) is being pitched to potential investors as an excellent money-making opportunity, so in that case, wouldn't the current shareholders fancy keeping hold of the 'cash cow'? If not, why not?

I will ask. I don't know.

There was a brief thread on this earlier. I don't know the answer because I am not involved in those proceedings but your reasoning is obviously sound.

Appreciate you coming on to answer questions. Probably not easy. IF players are paid back how will ftp handle accounts that they just took money from without even redistribution for whatever reason. The illegal taking of funds from player accounts with no real reasons has been going on for a very long time in the "security" department long considered to be the most corrupt around. Will dormant or suspended accounts still be refunded or will ftp still "pocket" this money.

Melanie has already said her department used to amuse themselves closing accounts and not responding until it just ended up in ftp coffers and bonuses and promotions were had

Can you please comment on this Jeff.

Also who will be the one issuing these weekly statements? Bitar?