I just want to rember all that on July 26 we had an official comunicate that the new audience was delay to September 15 and than September 19.
Today September 26, we dont have any idea what we are waiting for, all can say every thing, but we dont have an official comunication from AGCC.
AND THIS IS NOT NORMAL!!!!!

there LITERALLY. is NO. MONEY. LEFT. maybe save for like 1 or 2 million which means absolutely dick with regards to the overall greater context. There is nothing to extract anymore.

You can call from gmail completely free and there is nothing at all wrong with calling as a German or from Germany. Why not just do it?

http://www.pokerstrategy.com/news/wo...ng-Deal_52047/

This is correct of course. Whatever is really going on behind closed doors is not likely about what's best for the players funds, BUT whatever is going on is also, not likely, another scam or action that will hurt players any more than things already have! It's likely just the "suits" making the best deals for themselves as it always is.

http://www.thepokerfarm.com/poker-bl...Gs-Lso.twitter

Feel The Shame by Jesse May

lol I love it

We're not samurais.

First of all, I never declared this is a Ponzi scheme - its not. Where, in this post, or in any other, did I say that? Second, here is a quote from the article: "Attorney Jeff Ifrah had this to say, “Banks fail all the time for not having sufficient funds to cover customer deposits but yet no one refers to such bank failures as Ponzi schemes."

It is damn obvious he is comparing FTP to a bank or else why would he say 'banks fail all the time' in the same breath as FTP? The word 'Bank' was carefully chosen, he could have just as easily have said, 'companies.' Clearly you didn't read as carefully as you claimed.

You stand corrected. Please get your facts correct before rushing off and making all sorts of unfounded allegations because you have a stick up your behind due to other unintelligent posters.

Come on , give this guy a break. I think it's pretty natural to feel uncomfortable speaking to someone from the DOJ if English is not your native language.

He is open and friendly. There is no reason not to call him if you have a question other than just being afraid and preferring internet crap.

It is just frustrating that poker players, albeit young and a bit nerdy (me included), are so shy and embarrassed that they can't even pick up the phone and need to stay behind the computer instead.

I don't mean this as a personal attack. I understand the desire, but common, this is a pretty big issue, and if politely speaking to Mr. Lockard about a potential deal made for FTP could even have the tiniest chance of helping the situation, than it is a freeroll and absurd not to try, especially since he is friendly and willing to talk (even though he is less willing to answer hard questions).

i didn't know if he was a native english speaker or not. I was just being playful because I referenced earlier how I prefer to keep stuff on the net and then just minutes later he posts that. I just thought it was an amusing juxtaposition.

I mean there is obviously some communication going on b/w the AGCC and FTP at this point. So this "public statement" is made, again, to reiterate that the "deal is happening - please hold off". We can only guess (if that) what was said/happened at the hearing...

No need for pooling money:

I'd be more concerned with the DOJ than AGCC right now. It is indeed weird that Ifrah is even showing concern about AGCC, since for the reasons mentioned, getting a license extension/etc should be no problem whatsoever given the existence of a legitimate investor. My gut feeling based on the early hearing reports and Ifrah's "hail mary" attempt at rallying the poker community is that the AGCC were so dead set on revoking the license at the start of the meeting that even still there is concern that their mind can't be changed.

With the DOJ, however, things could very easily stall out there as I assume that any agreement is going to have to include compromise on all sides especially the DOJ. If the DOJ were to say "we want the new owner to pay all fines we're seeking" the deal could never work. The DOJ is hopefully willing to compromise to some extent, especially now that they are likely to be trying to recoup at least some of their fines from the newly-indicted owners and not from FTP itself.

My main fear is that the investor is only going to accept a deal that includes very little compromise in regards to the DOJ. They may feel that they can offer the DOJ very little/nothing, and the DOJ will be forced to go along with it in order to help players get paid. It's possible the DOJ will just laugh at them and tell them to get stuffed, and then FT takes it in the face while we all spend the next 20 pages debating whose fault it all was.

For that matter, I don't know if he is a native English speaker or not either. While there are obviously a lot of native English speakers living in Germany, my default line is to assume that someone living in Germany is a native German speaker.

But if he really feels the urge to contact the DOJ, he should probably call that guy. However, at this point I feel like we should just wait a couple more days and see how the potential deals develops/wait for an answer from AGCC.

Anyway, GL us!

it makes me really smiling LOL

Brilliant post.

Absolutely spot on, the pros/FTP silence is scummy.

Even Tom Dwan isnt saying much now.

I'm not dead set on one view or another but your opinions pose 2 legit questions/comments:

1.) If the AGCC was still very dead set on revoking the license, why are the meetings lasting 6+ days?

2.) I'm fairly certain that the DOJ is slapping fines on FTP way beyond what they will be able to pay, so cutting a deal with a third party seems rather smart on their part.

I'm actually optimistic about an FTP refund now...I was a 10% 2 weeks ago but IMO it's closer to 50% now.. Then again I am also ready to be sorely disappointed #freeroll

I see this as good news as far as investor negotiation progress is concerned, but then again, I'm a fairly optimistic person....

It's probably going to be a lot more than 20 pages, lol.

The reason I find this so strange is that I can't find a good explanation for this. I'm not buying the "FT is trying to get the last remaining money" argument. I don't see what they are going to get if they have one more week. Also, I really don't think they have the balls to steal anything at this point, given how big of a legal crap they're in. And, as has been already mentioned, not having a license doesn't mean instant bankruptcy, so if they want to keep paying themselves, they can do it without a license as well.

If the issue is emotional blackmail/putting pressure, why isn't Jeff trying to do the same thing with the DOJ? I agree that they should be tougher to deal with and a bigger obstacle to a deal than the AGCC, but from the article in PokerStrategy it sounds like there is no concern about them at all.

This is all very confusing.

More on Tapie, son and father here (Mediapart):
http://www.mediapart.fr/journal/fran...poker-en-ligne

What is the reason for AGCC not to reinstate their license with new owners and everything?

Actually, this might also be a good sign for us players right now.
Why would Tom go off and make over 50 posts in two days and then disappear again? Makes me believe that he realized that FTP was getting closer to reaching a deal once again and that he does not want to risk that deal being sealed with anything that he says.

Am I reading too much into his behaviour here?


Edit:

Nice. I am not the only one thinking that. :-)