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Old 10-26-2011, 04:21 PM   #276
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Rocky-PN View Post
I also got a call yesterday and I'm from Holland, so they are not only targeting Spanish players. I didn't get to the interview part because I hung up pretty fast when I heard what the subject was ^^
So do you have nothing stuck on FTP or do you have the voice of someone way younger than 18? Really curious to your motivation for "hanging up".
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Old 10-26-2011, 04:59 PM   #277
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Tapie is a hell of a lot smarter than all of us when it comes to business. He's devoted enough time into this that it's clear he sees some massive potential, which is very good for everyone who has money tied up. I put my money on him making one of the biggest come ups in history on this deal.
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Old 10-26-2011, 05:04 PM   #278
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by bbfg View Post
So do you have nothing stuck on FTP or do you have the voice of someone way younger than 18? Really curious to your motivation for "hanging up".
I think he's full of **** and expects to get "mad props" since he's the wannabe thug he's always wanted to be by hanging up, when he, in fact, did not hang up at all. I even think he extented the conversation w/the woman doing the survey on purpose since he barely ever gets to talk to girls. this was an oppurtunity.

just my view.
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Old 10-26-2011, 05:05 PM   #279
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

So...

FTP casino -> gablers give money to the house -> players are slowly getting paid
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Old 10-26-2011, 05:18 PM   #280
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by AnimalWarrior View Post
Tapie is a hell of a lot smarter than all of us when it comes to business. He's devoted enough time into this that it's clear he sees some massive potential, which is very good for everyone who has money tied up. I put my money on him making one of the biggest come ups in history on this deal.
He has a history of buying up bankrupted companies , close to 40 in the past
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Old 10-26-2011, 05:31 PM   #281
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by AlphaScorpii View Post
So...

FTP casino -> gablers give money to the house -> players are slowly getting paid

This strategy doesn't really make sense to me. If he wants to open a gambling website he should just do so. I don't see any reason for him to open a gambling website just to have to turn around and give the profits from that website to a bunch of poker players.
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Old 10-26-2011, 05:39 PM   #282
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by pokrat View Post
cause 70% is better than nothing? Don't understand your opinion...did you ever dealt with a bancrupt company? Its briliant from Tapie but better than waiting 5 years for all lawsuits to resolve and getting 5%...sorry, but there are lot of people with more than your BR on Tilt...
Er, like what in God's name does the size of my BR or anyone else's for that matter have any bearing whatsoever on this? We can't have even a semi-intelligent discussion about this matter until you provide an answer.
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Old 10-26-2011, 05:51 PM   #283
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Er, like what in God's name does the size of my BR or anyone else's for that matter have any bearing whatsoever on this? We can't have even a semi-intelligent discussion about this matter until you provide an answer.
because the opinion of those that have SQUAT invested means exactly that SQUAT!!!

there are 2 many trolls on here from other sites trashing suggestions being made on here. If your that embarassed about how much you have on there then your opinion is not worth anything. IMHO
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Old 10-26-2011, 06:08 PM   #284
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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This is exactly what Tapie does - in the bank case, he waited until the bank was bought out by French state (the French taxpayers; his countrymen) then entered protracted negotiations for a huge settlement.

In FTP's case, he's gonna play the DoJ for month and months, til they see his $10m or so is as good as DoJ will get. That's after he has proved to DoJ they cant get the foreign bank accounts.

Easy game

EDIT $800m - lol - for a company that earnt $100m for it's 10 yr existence?? I'll sell you my company if you like
Yeah, thats exactly why I said $800MM or w/e. The exact number almost doesnt matter because Tapie isnt going to risk much of his own capital.

I got $800MM from another thread where I was trying to show that having the players convert their stakes into 50% equity in the company made no sense because you'd never get the next capital needed to actually build the business.

Pretty sure I just got the $800MM by putting a discount on whatever BWin/Party is worth and used it as a reasonably optimistic assumption of what you could build Full Tilt into in five years.

Whatever the number is, Im pretty convinced this only gets done if Tapie has to put in a fraction of that $300MM owed.
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Old 10-26-2011, 06:12 PM   #285
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by TheDarkElf View Post
Er, like what in God's name does the size of my BR or anyone else's for that matter have any bearing whatsoever on this? We can't have even a semi-intelligent discussion about this matter until you provide an answer.
Honest question: would you argument the same way when you had >50K on FT? All or nothing? If i have a 40% chance to get 70% of my money (Tapie) or a 40% chance to get 40% of my money (perhaps in 3 years, i don't know the regular court time in the US and with a lot of formalities for ROW players) - what would you choose? (and this has nothing to do with the responsibilty of the current owners of FT - i mean they have to be made responsible for this)
I'm thinking that intelligent people would try to negotiate some sort of deal with a bankrupt company...

Last edited by pokrat; 10-26-2011 at 06:35 PM.
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Old 10-26-2011, 06:15 PM   #286
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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This strategy doesn't really make sense to me. If he wants to open a gambling website he should just do so. I don't see any reason for him to open a gambling website just to have to turn around and give the profits from that website to a bunch of poker players.
I was just kidding since somone wrote that FTP casino will open before poker...
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Old 10-26-2011, 07:03 PM   #287
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by AlphaScorpii View Post
I was just kidding since somone wrote that FTP casino will open before poker...

I should have figured you were kidding. Sometimes I'm slow to pick up on sarcasm in internet posts...
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Old 10-26-2011, 07:30 PM   #288
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

I am truly disappointed by how many people are shortsighted and narrow minded with the notion of us being paid, in whole with penalty, over time with no penalty, or in shares. Particularly,

that people keep referring to Tapie as if HE caused us to lose our money. He did not, not even "Full Tilt Poker" stole our money, thats just a brand name,

PEOPLE stole your money, we know who those people are more or less, that is who / where your anger should be directed, not at the brand name / software / servers of Full Tilt Poker, and certainly not at any of the Tapie crew or associated investors.

Stop speaking as if Tapie owes you -ANYTHING-, he doesn't owe you, me, or any of us here a damn thing, and we should be kissing the ground he walks on if he provides us any significant % more than what we MAYBE could be getting if the deal doesn't go through, which is probably close to 0% and years down the road.

2nd, Tapie will most likely have to -back- all the balances and debts. Backing is different than paying out. Backing means the money is there, paying out means he's distributing it. As Tapie didn't steal your money, he shouldn't be condemned for not paying out 100% on Day 1 of acquisition (especially if the alternative is 0%), particularly because if he HAD to do that, he probably wouldn't be acquiring full tilt poker. Why? Well, to explain why and destroy the "he should create his own site" nonsense, A lot of people thinking Tapie would be better off just creating his own poker site, but heres what those folks are missing:

Full Tilt already has a player field, with lots of money to play with, not to mention servers, trusted SOFTWARE, advertising (even if its negative publicity, its better than no publicity)! Granted, Americans will be banished instantly, but the rest of the world is already there and able to play.

So if you have money there, and you don't want to take a penalty (in other words, you're in no dire straits and dont need the money immediately to pay for surgery or keep a roof over your head), then you'll take your money over time, which gives you lots of time to watch the NEW site's progress, see what sort of incentives (as opposed to penalties) Tapie offers to stay, bonuses, tournament guarantees, and who knows maybe the field turns out to be the softest on the internet because all the sharks take it personally that they didn't get paid out by the original FTP when it was convenient.

That, and I propose that a decent amount of players -will not- flee FTP AT ALL! I'm saying there are people who, with any amount of money (10's, 100's, maybe even 1000's) who either 1. Have died in the interim period, or otherwise been incapacitated from their ability to play online poker, maybe they're in prison, maybe they're in a coma, maybe they've forgotten, who knows, but that money will be staying in FTP,

and there are people who will wish to stay and keep playing with all or most of their bankrolls, not to mention folks who deposit, All of which means that a decent % of the money Tapie must -BACK- will not need to be paid out, and potentially not need to be paid out ever! And of course, in the mean time while players who take the over-time-payout deal wait, they might play some games too, generating rake meaning even less of the total $$ Tapie has to -put up- in the initial purchase will need to be -paid out-.

The more I think about it, the more I think Tapie and crew truly are geniuses in their fields. Putting up $390 million (or whatever amount he needs) is quite different from paying out $390 million. And of course, some of that $390 million will automatically be deducted by folks who choose to talk shares = Less Tapie has to put up = Better deal for Tapie which means its more likely for us to get our money.

Last edited by Mycology; 10-26-2011 at 07:32 PM. Reason: Oh my god, this was way too long.
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Old 10-26-2011, 07:50 PM   #289
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by pokrat View Post
Honest question: would you argument the same way when you had >50K on FT? All or nothing? If i have a 40% chance to get 70% of my money (Tapie) or a 40% chance to get 40% of my money (perhaps in 3 years, i don't know the regular court time in the US and with a lot of formalities for ROW players) - what would you choose? (and this has nothing to do with the responsibilty of the current owners of FT - i mean they have to be made responsible for this)
I'm thinking that intelligent people would try to negotiate some sort of deal with a bankrupt company...
Is this like a pot odds question? ... should I call X big blinds to win a Y big blind pot if I think I have a Z % chance of winning? Does the right answer depend on the size of the big blind?

Honestly I would make the same argument.

QED

Last edited by TheDarkElf; 10-26-2011 at 08:19 PM.
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Old 10-26-2011, 07:54 PM   #290
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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... we should be kissing the ground he walks on ...
I definitely agree it was way too long of a post. I made it as far as this and could read no more.

I remember reading on a poker forum in 2006 after UIGEA about how FTP should be praised for "saving online poker" by continuing to serve the US.

I suggest keeping a more realistic perspective about the motives of people who do things.
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Old 10-26-2011, 07:58 PM   #291
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Usually these investments are set up nonrecourse. I dont think he's going to guarantee deposits with anything beyond future profits from FTP.
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Old 10-26-2011, 08:09 PM   #292
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Rocky-PN View Post
I also got a call yesterday and I'm from Holland, so they are not only targeting Spanish players. I didn't get to the interview part because I hung up pretty fast when I heard what the subject was ^^
Oh dude you're so cool.
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Old 10-26-2011, 08:36 PM   #293
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Has anyone got a number on the penalty % for withdrawl option? 10% 25% more? Or have they not given likely % yet in the survey calls? If no USA players get calls, that might mean only ROW will be dealt with by the new FTP and that the DOJ and the "usual suspects" assets might be the method for recovery there. Just musing of course.
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Old 10-26-2011, 08:46 PM   #294
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by zizek View Post
Oh dude you're so cool.
Thanks. I was actually kinda suprised so many guys just answerd questions about there bankroll etc without even thinking about it. I was kinda shocked that someone called me and said hey you have a lot of money on FTP and I'd like to ask you some questions about it. I did not think it would benefit me so I hang up.

Do you like the long version better?
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Old 10-26-2011, 08:55 PM   #295
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Ja stel je voor dat de belastingdienst zich vermomd heeft als vertegenwoordigers van Group Tapie, para!
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Old 10-27-2011, 05:35 AM   #296
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

You guys are all talking like you don't know Tapie's background. Before you get too excited you should really check it out.
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Old 10-27-2011, 06:14 AM   #297
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Ja stel je voor dat de belastingdienst zich vermomd heeft als vertegenwoordigers van Group Tapie, para!
Als ik jou zou bellen en zou zeggen "hey ik zie je dat je €347 op de bank hebt staan, wat nou als dat geld ineens bevroren was". Ga je dan op je gemakje al mn vragen beantwoorden?
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Old 10-27-2011, 06:33 AM   #298
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You guys are all talking like you don't know Tapie's background. Before you get too excited you should really check it out.
So he has a shady background and a history of turning around distressed companies. Should we juist guess which you're referring to?
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Old 10-27-2011, 06:50 AM   #299
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

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Originally Posted by Bene Gesserit View Post
Has anyone got a number on the penalty % for withdrawl option? 10% 25% more? Or have they not given likely % yet in the survey calls? If no USA players get calls, that might mean only ROW will be dealt with by the new FTP and that the DOJ and the "usual suspects" assets might be the method for recovery there. Just musing of course.

I think immediately its 50%, they called my roommate.
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Old 10-27-2011, 06:54 AM   #300
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Re: FTP Spanish players contacted by Group Bernard Tapie partner by phone

Surely the thread title should be edited by a mod to accurately reflect that players from several other nations have also been contacted.
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