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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

11-25-2011 , 01:46 PM
yay semantics : ) won't be cluttering up the thread with nonconstructive posts anymore, all the negative responses to the OP in question speak for themselves. Startinggggg right.... meow.
11-25-2011 , 02:34 PM
Quote:
Originally Posted by Enervate


fulltilt.fr

200% bonus!!!
Is this new or non-news?
11-25-2011 , 02:42 PM
Quote:
Originally Posted by oneonth3run
Is this new or non-news?
The offer to pussy with pro's is only limited to the French version of the website, so non-news for most of us.
11-25-2011 , 02:44 PM
As a matter of pure speculation, it would seem to me that even if it is a snap-call for the board as a whole to accept the agreement, maybe they are taking some extra time to try to settle the many corporate balance sheet issues that affect their personal fortunes. Ferguson may not want to close the books on FTP while he's still short $60M of his fraudulent dividends, but the company has paid those same fraudulent dividends in full to other board members, not to mention outstanding 7 figure loans.
11-25-2011 , 02:45 PM
I too would like to share my outrage at someone having the audacity to share quotes from someone with some personal knowledge of the situation. I personally come here only to read all of the inane babble from idiots who have no inside knowledge of the situation, no experience in the business or legal world, and have no money tied up on the site. Their dedication at providing us with hours worth of drivel to trawl through each day is greatly appreciated by those of us who have no desire to learn anything about what is actually going on.
11-25-2011 , 02:45 PM
Quote:
Originally Posted by oneonth3run
Is this new or non-news?
The 200% bonus or the fact that you can learn to play the pussy?
11-25-2011 , 03:04 PM
Quote:
Originally Posted by kilclon
The 200% bonus or the fact that you can learn to play the pussy?
The first true hookers n' blow bonus? I say, that would surely bring back the degeneration crowd and I'm sure endless applause and admiration from 2p2.
11-25-2011 , 03:46 PM
I can not see the new FTP paying out ROW players. Wouldn't it be in FTPs best interest to have an easy to earn bonus for money owed?

Scott
11-25-2011 , 04:06 PM
Quote:
Originally Posted by bbfg
So you care quite a bit since you could care less?
http://www.youtube.com/watch?v=om7O0MFkmpw
11-25-2011 , 04:26 PM
Quote:
Originally Posted by bbfg
So you care quite a bit since you could care less?
No. "Could care less" is a perfectly legitimate semantic inversion of "couldn't care less". It entered the language decades ago, originally as a sarcastic expression of the original. Yiddish is famous for these kinds of inversions ("THAT schmuck will make a good husband!" means exactly the opposite of the original) and when WWII ended a lot of Yiddish entered the Northeast US. It's become so ingrained in the language that now it's second nature and people don't realize the sarcasm, but that's how language works.

Many dictionaries including the very British OED list "could care less" as a valid colloquialism. It is what it is. Just like "I lost my head" doesn't mean your head actually came detached from your neck, and "You ain't nothing but a hound dog" doesn't mean "YOU ACTUALLY ARE NOT A HOUND DOG!" because of the triple negative, it's silly to get upset about this.

Last edited by three_dee; 11-25-2011 at 04:48 PM.
11-25-2011 , 04:32 PM
Quote:
Originally Posted by three_dee
it's silly to get upset about this.
I don't get upset about this. I couldn't care less about some Americans' incapacity to speak correct English.
11-25-2011 , 04:43 PM
So, all our money was spent on pussy?
11-25-2011 , 04:46 PM
Quote:
Originally Posted by ArtySmokes
I don't get upset about this. I couldn't care less about some Americans' incapacity to speak correct English.
Language evolves. Brits speak far differently than they did in the 1500s, and someone living then would think you weren't speaking "correctly" either.

It's a closed-minded and elitist approach to language.
11-25-2011 , 05:42 PM
Does anyone know if there is any chance that the DOJ will pass off our Full Tilt account information to the IRS and have them audit our accounts? If that is the case then I am sure there will be plenty of people who will be paying taxes instead of getting refunded. Something just seems strange about the DOJ taking the responsibility for paying back the players especially when according to the law these funds were obtained illegally. Does anyone else think that the two issues of illegal funds and taxes could be potential big problems for Full Tilt players in the United States? Unless, you were responsible and paid your taxes then you only have one problem.
11-25-2011 , 05:57 PM
Quote:
Originally Posted by vamooose

must say vamoose i enjoy most of your posts but this is a classic sir !
+1
11-25-2011 , 05:58 PM
Okay, enough with the pussy jokes because of the translation issues.
11-25-2011 , 06:03 PM
Quote:
Originally Posted by bullcity919
Does anyone know if there is any chance that the DOJ will pass off our Full Tilt account information to the IRS and have them audit our accounts? If that is the case then I am sure there will be plenty of people who will be committing suicide instead of getting refunded..

I fixed it for you.

Last edited by Mycology; 11-25-2011 at 06:10 PM.
11-25-2011 , 06:25 PM
Quote:
Originally Posted by bullcity919
Does anyone know if there is any chance that the DOJ will pass off our Full Tilt account information to the IRS and have them audit our accounts? If that is the case then I am sure there will be plenty of people who will be paying taxes instead of getting refunded. Something just seems strange about the DOJ taking the responsibility for paying back the players especially when according to the law these funds were obtained illegally. Does anyone else think that the two issues of illegal funds and taxes could be potential big problems for Full Tilt players in the United States? Unless, you were responsible and paid your taxes then you only have one problem.
1. Players did not commit any crime by playing on PS/FTP. The DOJ has already said it views players as a victim of FTP and has not pursued any criminal charges against any players, as there is no crime to charge them with. Thus, the DOJ does not view player balances as illegally obtained funds.

2. Players were always responsible for filing and paying their own taxes in accordance with IRS regulations. The DOJ is not the IRS and does not have the power to enforce tax law. That said, it's certainly reasonable that the DOJ may pass on information to the IRS, and that players with very large balances may be in line for IRS investigation (possibly including an IRS audit). Players who paid their taxes shouldn't have anything to worry about; players who didn't pay their taxes might have a problem.
11-25-2011 , 06:43 PM
Thanks Rahzero for the QUICK response. That definitely answers my question.
11-25-2011 , 07:16 PM
Is it likely or unlikely that 2/3 of tiltware will approve this deal?

speculation I am guessing but anyone have any input?
11-25-2011 , 07:28 PM
Quote:
Originally Posted by progress
Is it likely or unlikely that 2/3 of tiltware will approve this deal?

speculation I am guessing but anyone have any input?
Speculation is that they would be insane not to do so, and everyone seems to anticipate it will get signed without any significant resistance. But of course we won't know for sure until it either gets signed or it doesn't and someone with insider information spills if there were any holdouts or whatever.
11-25-2011 , 07:44 PM
Quote:
Originally Posted by soah
I too would like to share my outrage at someone having the audacity to share quotes from someone with some personal knowledge of the situation. I personally come here only to read all of the inane babble from idiots who have no inside knowledge of the situation, no experience in the business or legal world, and have no money tied up on the site. Their dedication at providing us with hours worth of drivel to trawl through each day is greatly appreciated by those of us who have no desire to learn anything about what is actually going on.
ahhahahahahahahahah
11-25-2011 , 07:57 PM
Quote:
Originally Posted by progress
Is it likely or unlikely that 2/3 of tiltware will approve this deal?

speculation I am guessing but anyone have any input?

This is pure speculation on my part but I doubt the 2/3 vote needed for approval of the sale will be a problem. Most of the minority shareholders are good friends with Howard and Chris and I just don't them doing anything that might make things harder for Howard or Chris than they already are.

There are a couple of UNLIKELY scenarios whereby the minority owners might not agree to the sale:

1) Some of the minority shareholders (those that hold shares amounting to < 5% ownership interest) might not approve of the sale if they have no connection to any of the activity that caused a shortage of player funds. If they are assured they will face no criminal or civil charges from the DOJ I can see a minority owner being reluctant to give up his or her shares for nothing. Why should they give up their shares for nothing when in their eyes they've done nothing wrong? Again that's pure speculation on my part and I DON'T think it's going to happen but anything is possible.

2) One other scenario that might cause the vote to come up short is this if the minority shareholders are so pissed off at the majority shareholders they might be unwilling to do anything that might help their cause. Again there's been nothing to indicate this is happening but if we're going to speculate we may as well throw out every possibility.


There was a breakdown of ownership percentages done previously but I don't remember who owned how much. Is it possible Howard, Bitar, Ferguson, Ivey, Rafe and Burtnick own enough shares to reach the 2/3 voting percentage needed for the sale? If so the minority shareholder could be shut out of the vote altogether.
11-25-2011 , 08:18 PM
The DOJ is responsible for the enforcement of all laws of the U.S. and the DOJ, Tax Division supervises all IRS litigation and prosecution.
11-25-2011 , 08:26 PM
the only way this deal isnt approved is if it doesnt refund 100% of row/us players.

      
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