lol. you are dreamers.

Deal not even done and people think FTP is reopening (without an official announcement) - lol. Pathetic.

so true

Well it looks like Tom Dwan, and John Juanda are on course to keep there good name where many others are not.

http://www.pokerplayernewspaper.com/...ffhanger-11898

any 1 know if GTB as reply for a licence yet.

How reliable is this site anyway? If this is true (IDK) then tapie might be squeezing for a rock bottom price or this deal is in real trouble. I would guess the first as most likely, but hell, who knows?

Makes BarryG and the rest of the pros looks very bad.

They have basically totally ignored requests to even open negotiations.

The Poker world is just so dirty from top to bottom.

Yea that's not a positive article. So apparently there is maybe half the money in FTPs corporate coffers than they had initially thought, shareholders aren't as interested in passive shares in the new company and Tapie is concerned the company can still be sued by european players after they re-open the site. Blech. But hey, Dwan and Juanda are communicating!

Probably the worst written article ive ever read

I think someone in here mentioned a while ago that her sources are probably legitimate.

Noah or DF,

Your take on that incredibly pessimistic article?

no
http://forumserver.twoplustwo.com/29...l#post31027196

http://www.pokerplayernewspaper.com/...pay-dirt-11874

Article from a few weeks ago that she wrote basically claiming nothing can stop the deal. #whoknows #fluidsituation

Meh, yea you're both probably right. But those are some bold statements to make without being sure they are true.

It's negative but by no means fatal. If the cash on hand and the accounts receivable (loans to players) are less than represented, it's easy to adjust the purchase price accordingly.

More of a problem is an inability to define the ROW liability. If it is limited to amounts due players then GBT knows (I assume) what it is. If it involves other government fines, taxes, etc. it is a problem to be resolved.

While english is not my native language , the article strikes me as she's having great fun telling us the deal is about to fall apart. I wonder why someone would enjoy this whole mess.....


Man im getting so damn tired of all these ups and downs

That article hurt my brain. Bad poker puns. Deceptive language. What a nightmare of an article.

I already miss S:P. These articles are brutal and poorly written in journalistic standards.

Well if it is simply to get a better price, then open talks/ interviews/leaks make sense to me. If there are real deal killing problems here would they not more likely keep quiet , walk away, and maybe explain later? Your opinion carries some weight here sir

Story is getting some more international press online: http://arstechnica.com/tech-policy/n...r-in-court.ars

Mostly an overview of the situation from the US players end and the ongoing court litigation against the corporate defendants. A little bit about Tapie at the end but nothing revelatory.

I like how the 35-40M number that FTP was expected to have is only $20M. Im sure at some point the actual number was 35-40M but its been 10 months. Of course some of that money has been burned through or flat out taken by some of these guys in charge.

Agree this article is fairly poorly written and a difficult read and definately has a pessimistic tone to it. Who knows whats going to happen with this. The FTP pros dont seem to give a **** if we get paid and are refusing to pay up their debts, and Tapie surely has no reason to give a **** if we get paid so hes ready to walk. Oh well, another day and the roller coaster ride continues...also agree with Bene, it seems since they are being open they are trying to negotiate a better deal, and let the problems known with the current deal so they can be worked out before he purchases. Tapie seems ready to pull the trigger on this but is sayin these few things need to be fixed first. If he really wanted to walk, he would just walk and say fk it, and explain why later.

Although they operated out of a Banana Republic, the owners of FT are American citizens with, I assume, the majority of their assets in the country. So the DOJ have jurisdiction over the liberty of these criminal incompetents, as well as access to their stolen spoils.

Since PokerStars and others were running the same deposit scams, like providing golf ball purchase receipts for poker deposits (who buys $1,000 worth of golf balls?), it makes you wonder what else the DOJ could have found out about these other outfits if they had the authority and access to dig deeper into their “business operations.”

Everybody thinks PokerStars is okay, and maybe they are for now (again, they operate from an “unusual place,” a spit of land in the middle of the Irish Sea). But the deposit scams they were involved in show that they are ready and willing to ignore moral and legal business practices in exchange for massive profits. Look at Wall Street, man. Greed can make otherwise intelligent, good people do crazy, stupid ****! (Can anyone say credit default swap?)

Like Jesus. I couldn’t believe it when I heard he was involved in the thieving. (Lederer, yeah, but Ferguson? Wow). It makes you question how you would react to a situation where everyone else in a company was siphoning off millions in profits, right before your eyes. Would you cave in and take “your share,” too, like Jesus did? Or would you have the balls to try and stop it? (I don’t think you really could in this case. What are you going to do, go to the DOJ?)

After Absolute and Full Tilt, will anybody but the most naïve be surprised when the next scandal hits? Let me say, in advance, for the next one, which is currently rambling down the pike headed straight for our foreheads: I told you so.

From article:

Diamond your own views and take on this article would be greatly appreciated thanks in advance

Dj Ricco Law