We didn't name durrrr as a defendant. Is it your contention that Matusow has never had any equity in any of the Full Tilt companies? And how much has he been paid by Full Tilt lifetime?

Well I hope he starts with the deadbeats who didn't pay their echecks. He could then move to take action against ppl like Todd Terry who played on the site while knowing it was illegal (against most sites terms).

Lol, come on, we all know the answer to this. Why were members of the these sites allowed on the board, because they provided the lion share of the funding? I mean i guess you could argue it would have been better to have no ppa, because the players certainly weren't going to fund a functional ppa like organization pre-BF.
You could make this argument, I'd say the self serving mentality that permeated through the poker community pre-BF was far worse - the mentality that there would always be a loophole for the sites... they would always have at least checks, ect. At least member of the ppa said the status quo wouldn't last for some time before BF.

I mean if someone had posted a reasonable thread prior to black friday about how FTP didn't have anywhere near the cash to meet its outstanding obligations, how many minutes before the thread would have been locked and everyone would have been like lulz FTP is a billion dollar corporation yo...

question: people who deposited funds on FTP are consider secured creditors or unsecured creditors? or something else?

I guess unsecured but I dunno

Yes.

Hasn't he made a motion for dismissal based on that fact?

Hi Gehner Very unsecured I fear, after everyone else takes their bites. IF it comes to that of course and it's not certain, just grim!

No.

Unsecured creditors. A secured creditor is someone who is owed money and the company/person who owes them the money has posted some sort of surety to secure it. The most common example would be a mortgage (which is secured by your house) or a typical car loan (which is secured by the vehicle).

Basing from previous online poker banktruptcys (the skins of microgaming that went under), unsecured creditors was what players were considered there. As far as I know liquidation in that case is still going on.

Thanks NoahSD, sorry my wording wasnt too clear but I understand what your saying thanks.

We know that MM said on QJs that he 'Didn't have anything to do with FTP' which he said several times, but he never said he didn't OWN a piece of FTP....listen to it carefully.

moneys in pockets by October 25. Everyone with at least a hundy on there best be buying a round at the bar for all there ppls!!!!!!!

get ready to get paid fellllaaaaaaaassssssssssss!!!!!!!

???

Some more proof ? I WANT TO BELIEVE THOUGH

Prolly been at the bar for too long today is my guess.

:: FIST PUMP ::
Heading off to the bar.

going to the bar, someone give me some fake proof so I have an excuse to make it rain and overtip.

based on the previous history of a gambling site/owners being under indictment by the US Goverment, we should get most of our money back very quickly.........

http://www.gambling911.com/gambling-...rs-070511.html


Or maybe not!

46% sounds amazing right now

These things are taken directly from PKL's public records, which were posted a bit earlier. (I just dropped them on SP's server if anyone wants them. Click me. Mods, this is just a link to a publicly available PDF that we're hosting, so should be kosher.)

At the end of the doc, it says "The directors consider Tiltware LLC, a company incorporated in the United States of America, as the company's ultimate parent undertaking."

On page 14 (using the numbering scheme actually written on the pages), it describes the fact that almost all of its money comes from My West Nook, and lists some other much smaller relationships.

it was actually 4.6%

Oh lol my bad. Wrote that while I couldn't get the page to load and the URL says 46. Amazing to get anything back though after taking 5 years...

it's a nightmare... oh lord i ll not sleep :/

I'd rather find out today that I'm getting 0% than wait an agonizing 5 years of occasionally checking in for updates about progress and living this cluster**** down for many years to come.

huh?