Open Side Menu Go to the Top
Register
Petition to have all FTP shareholders and debtors banned from WSOP Petition to have all FTP shareholders and debtors banned from WSOP

02-14-2012 , 01:38 AM
Flip, Op, maybe the trollers and haters can start throwing some ideas around the thread how we CAN get some attention to this problem at the sponsored events. This 2+2 is extremely creative looking at the same problem together.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 01:47 AM
Although this petition may not get implemented, how about a campaign to make them extremely uncomfortable, so that they hopefully decide not to show up... printing t-shirts with their names and pictures and some 'message' to express the blatant theft... Also, harassing them if they are playing at a table in Rio! But we need a list of 'guilty' parties first...and it can't be based on speculation...there needs to be some concrete evidence.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 02:49 AM
Quote:
Originally Posted by RunItUp
he's not taking into account GBT, i'd love to hear why you omitted that piece of the puzzle from your argument
Sure. For two reasons mostly, the first being simple omission, and the second being the weight of its significance:

1) First, it is not a confirmed deal. It's merely just speculation and interest of an investor, and until that ball is rolling for real, the mere speculation won't change anything I've spelled out.

2) If the Tapie group does officially acquire the FTP entity, it completely changes the game.

Here is the straight: Tapie Group acquiring FTP would be the absolute greatest thing for the players and their quest for getting some kind of relief, next to the pros giving back their 16 mill. It baffles me how so many people are against GBT.

Bernard Tapie made his fortune on acquiring bankrupt businesses and reestablishing them, and then selling them off for massive bank. Similar to someone buying condemned houses, fixing them up, and turning them around for large profits. If there is anyone who I would want to turn my business around it would be this guy. This group's interest is a huge ray of hope for the players.

In GBT's business, taking on a bankrupt company obviously means taking on its debts. However, it also means acquiring its lines of credit. Many of those lines of credit fail to make good, but usually this does not stop the acquisition. However GBT has determined that the 16 million in credit lines that are owed by the pros are lines that it refuses to write off as loss and intelligently so. GBT knows that the pros have the money, and they also know that they have the poker community as an extra leverage to encourage them to pay up. This is totally reasonable, and makes business sense.

As far as that BS about GBT trying to scam or looking shady by having Greenstien pay directly to them, I promise you that scamming a few dead beat loan recipients for 16 million is nickels compared to the amounts they make if they legitimately rebuild FTP and sell it off. Ripping off players even more and shaking the already agitated hives nest is not their aim.

For players to get paid, it requires a source of money. And an investment group that is notoriously successful at rebuilding bankrupt companies sounds awfully god damn good to me.

My biggest question to all of those who have argued against me about players getting paid has been where are hundreds of millions of dollars going to come from? No one has an answer for this. Putting it in the hands of GBT and letting them work their magic is a gamble I'm willing to make.

And if deadbeats like Greenstein and the rest refuse to pay up their lines of credit, and GBT decides to walk away because of it, it will be a very sad day for the players because that was their shot. And people like Greenstein, who are out nothing by all of this, will have nailed the coffin shut on screwing the players over.

Once again, GBT or not, it all rests contingent on people paying their god damn debts.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 03:49 AM
How about contacting the corporate sponsors and hope to get some talking points with the WSOP going at that level. Friendly letters that lay out some verifiable facts about individuals who are being allowed to participate and the WSOP is turning a blind eye to who they allow to participate.

Jack links. Miller brewing. Pepsi. Hershey. Glu mobile. Activision. Sony PS2.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 06:11 AM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 06:41 AM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 06:43 AM
let them play if they dare, fight's could make espn highlight's show and that would be my share of money on full tilt well spent.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 06:44 AM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 07:37 AM
Quote:
Originally Posted by grenzen
Flip, Op, maybe the trollers and haters can start throwing some ideas around the thread how we CAN get some attention to this problem at the sponsored events. This 2+2 is extremely creative looking at the same problem together.
You have to wait and let the FTP thing go the distance. Blaming PRo's will not help you get your money. Give GBT time to make their play. If you want to put on pressure, then maybe put pressure on DOJ as they are holding the purse strings.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 07:52 AM
Quote:
Originally Posted by DavidNB
You have to wait and let the FTP thing go the distance. Blaming PRo's will not help you get your money. Give GBT time to make their play. If you want to put on pressure, then maybe put pressure on DOJ as they are holding the purse strings.
So your feelings are that pros who borrowed or owed full tilt pre black Friday should be allowed to play the world series of poker? Or WPT events? It doesn't bother you any that the money they are using could be owed to players instead? I'm not trying to flame you, but do you see where the frustration in this thread is really rooted?
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 08:38 AM
Although I understand what the OP is trying to do, I would not want the WSOP to behave like the so-called moral police. Where would the line be drawn? It is one of the reasons the Epic Poker League is a joke in my opinion. They are all high with their ethics committee, meanwhile Annie Duke who was a UB schill is the commissioner and Alex Torelli is on the ethics committee. I would prefer if there was a legal way to punish people that have stolen from sites and the public rather than having the WSOP or the Epic Joke League do it.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 12:26 PM
Quote:
Originally Posted by grenzen
So your feelings are that pros who borrowed or owed full tilt pre black Friday should be allowed to play the world series of poker? Or WPT events? It doesn't bother you any that the money they are using could be owed to players instead? I'm not trying to flame you, but do you see where the frustration in this thread is really rooted?
I understand the frustration. The pros are not the only people that owe money to FTP. It is wrong in my opinon to blame them for the players not being paid because they owe a few million, 14 million I beleive was the total. GBT is just beating the drum over this issue ,more then likely to get a better price.

There are legal ways to handle the loans and thats how it should be handled
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 01:22 PM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 06:09 PM
Quote:
Originally Posted by kk405
Although this petition may not get implemented, how about a campaign to make them extremely uncomfortable, so that they hopefully decide not to show up... printing t-shirts with their names and pictures and some 'message' to express the blatant theft... Also, harassing them if they are playing at a table in Rio! But we need a list of 'guilty' parties first...and it can't be based on speculation...there needs to be some concrete evidence.
+1
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 08:25 PM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 09:04 PM
Only a bit in there and from the UK, but it's about time someone did something!

I'll add that it should be in everyone's interest to aid GBT's takeover and keep the brand alive...I appreciate that everyone in the US now relies on the DOJ to sort you out, but that's as good as it's going to get and if the big times who were in debt to the company think it's a get out of debt free card, then they shouldn't expect to show their face at any poker table that contains people who have suffered at their expense.

Last edited by SoooSick; 02-14-2012 at 09:14 PM.
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 10:23 PM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 10:37 PM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 10:47 PM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 11:05 PM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 11:22 PM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-14-2012 , 11:36 PM
I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-15-2012 , 08:44 AM
Quote:
Originally Posted by CheckRaise_
and what if those debtors pay back their debt?
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-15-2012 , 01:06 PM
" I hereby state that unless all FTP shareholders and those who currently owe money to FTP and have not signed a letter of intent to repay are banned from all WSOP events this year then I will not participate in any WSOP event"
Petition to have all FTP shareholders and debtors banned from WSOP Quote
02-15-2012 , 01:10 PM
Quote:
Originally Posted by kk405
Although this petition may not get implemented, how about a campaign to make them extremely uncomfortable, so that they hopefully decide not to show up... printing t-shirts with their names and pictures and some 'message' to express the blatant theft... Also, harassing them if they are playing at a table in Rio! But we need a list of 'guilty' parties first...and it can't be based on speculation...there needs to be some concrete evidence.
Yes please! Someone start a thread with a list of guilty parties names. These thieves need to be outed some more for the pariahs of the poker community they are.
Petition to have all FTP shareholders and debtors banned from WSOP Quote

      
m