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questions/open thread for ftp questions/open thread for ftp

09-20-2011 , 06:57 PM
Quote:
Originally Posted by EYESCREW
It's kind of tilting that so many people are curious to see his contract with FTP. There really no reason to think Dwan has done anything shady and the fact he's in here answering questions should be sufficient evidence that he's interested in doing what's right.
I get it but objectively this could just be a sick PR move by him by trying to cost himself as little as possible and protect his public image.

Im not saying he should give more money if he made more, but he needs to show definitively how much he is giving back in comparison to what he made.
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09-20-2011 , 06:57 PM
do you currently have contact with ivey, howard (As in u can where to reach them) and if yes what relevant info they told u that u think u can share publicly.
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09-20-2011 , 06:58 PM
The contract should be posted to show that durrrr did or did not have an ownership interest in FTP fwiw.
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09-20-2011 , 06:59 PM
Quote:
Originally Posted by Systolic
This is wrong. Tom is trying to make sure he doesn't fall under public scrutiny as a result of all of this it seems..

As such he should be willing to answer the tough personal questions, and he is doing the right thing.
lol aren't i already under public scrutiny? i'll answer any questions i think are relevant, or that a majority of people seem to think are. any that don't fall in that category i'll have a discussion as to why they might be relevant. If you ask me for some big fishes' contact info tho, or my personal phone number, or when i took my last sh it im not jus gonna pony up unless im convinced its either relevant or not bad for me. speaking of not bad for me- last sh it ws 3ish hrs ago
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09-20-2011 , 06:59 PM
lol @ 20 ppl being "requested" to vouch for toms word . i think ppl are demanding ridonkolous amounts of things/actions from Tom.

I'd say paying 1million shows enough to be trusted(more than i would ever do). if 3-4 others vouching for him(if necessary) then it's more than enough. also posting here is way more than any other pro has done, and still he gets heat from the trolls, i wouldnt have that much patience with a community if I were him. but whevs. He doesn't HAVE TO do anything. peoples sense of justice, and or massive self involvement is pretty insane sometimes.

I was gonna order like 100 sets of golfballs though with my ftp points. So im pretty pissed as well well kinda anyway.

Semi serious Q: what's gonna happen with all the ftp merch that they have in inventory?

Oh and i almost forgot: can you play Pkrstars now Tom since i guess ur contract is void/soon to be void?
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09-20-2011 , 06:59 PM
Quote:
Originally Posted by dag2
The contract should be posted to show that durrrr did or did not have an ownership interest in FTP fwiw.
if i did im pretty sure the doj will send me to jail... and im pretty sure they'll subpoena a ton of contracts.
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09-20-2011 , 06:59 PM
Quote:
Originally Posted by dag2
The contract should be posted to show that durrrr did or did not have an ownership interest in FTP fwiw.
Too give insight of what a deal with FTP actually looked like. Do they get paid by the hour? 100% rb? What other incentives are thrown in there?
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09-20-2011 , 06:59 PM
Quote:
Originally Posted by fkmyscreename
tom, there was a post on 2p2 not long ago about the amount jungleman had tied up on ftp. someone who knew jungle posted that he was able to get his ftp$ offline in exchange for cash or w/e. (iirc jungle later confirmed it in one of his posts as well) jungle implied that it was sold to one of the "higher ups" at ftp...

do u knw anything about this? i'll try find the post and quote it in here
sorry if u missed this post, i feel this is relevent tho, i mean it doesnt look good on ftp owners if they paid jungle off due to the amount he had tied up....

but thx for answering questions
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09-20-2011 , 07:00 PM
Quote:
Originally Posted by durrrr
lol aren't i already under public scrutiny? i'll answer any questions i think are relevant, or that a majority of people seem to think are. any that don't fall in that category i'll have a discussion as to why they might be relevant. If you ask me for some big fishes' contact info tho, or my personal phone number, or when i took my last sh it im not jus gonna pony up unless im convinced its either relevant or not bad for me. speaking of not bad for me- last sh it ws 3ish hrs ago
I guess the better way to word it is that you are trying to avoid getting grouped with the big wigs behind this whole thing
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09-20-2011 , 07:00 PM
Quote:
Originally Posted by Lucky Clubs
You're tipping the sketch-o-meter back in the other direction with posts like this.
no hes not
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09-20-2011 , 07:00 PM
durrrr,

is it feasible that the FTP shareholders will now pay back the money they owe, and that an investor will be able to pick up FTP for a lot less than originally required to pay back all players, and get the site back up and running under new management and possible rebranding?
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09-20-2011 , 07:00 PM
Quote:
Originally Posted by durrrr
they didnt uphold their end of the contract (i explicitly wanted to be able to play all poker tv shows), and ftp loaning me $$ along with letting me slack off work wise barely kept me ok staying there. I also (regrettably) liked a bunch of the owners (some of them i dont now some i still do some undecided). i owe them less than the total number they paid me but i'll pay both back in similar fashion (the same unless theres some legal issue). if a deal is close to being signed i'll post my $$ in escrow, or if the management is changed i'll ship it tomorrow.
You said you were paid a little over 1 million by FTP so I am assuming the figure you owe them is a little less than that by your wording.

Am I correct in assuming from your wording you are going to pay the players roughly 2 million?
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09-20-2011 , 07:00 PM
Quote:
Originally Posted by durrrr
if i did im pretty sure the doj will send me to jail... and im pretty sure they'll subpoena a ton of contracts.
**** dude

I hope this isnt a level, because I'll back off about the contract if this is the case
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09-20-2011 , 07:01 PM
Quote:
Originally Posted by Sven2812
Hey Tom,

thanks a lot for doing this.

If u say it was a really bad decision to credit ppl's accounts with virtual money without being able to get money from their bank accounts, u mean they knew about this problem and just "decided" to not do anything about it, cause this seems like super-******ed to me.
the big question is who knew about it, and when they found out. this is what people should be asking.
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09-20-2011 , 07:01 PM
What is your relationship with Ivey right now? What do you think he is worth and do you expect him to give a lot of it to a FT payback fund? What about PA? Anyone else you know will do this?


As an aside, I don't really get the controversy over dividing your payout. Isn't it 100% clear what you should do? Just put in a general fund where people are getting their money back based on the amount in the fund relative to liabilities. So if you are giving 1mm, then everyone is basically getting like .3% thanks to you. No more fair way than that.
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09-20-2011 , 07:02 PM
Quote:
Originally Posted by durrrr
lol aren't i already under public scrutiny? i'll answer any questions i think are relevant, or that a majority of people seem to think are. any that don't fall in that category i'll have a discussion as to why they might be relevant. If you ask me for some big fishes' contact info tho, or my personal phone number, or when i took my last sh it im not jus gonna pony up unless im convinced its either relevant or not bad for me. speaking of not bad for me- last sh it ws 3ish hrs ago
Bahahahaha Said perfectly.
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09-20-2011 , 07:02 PM
Quote:
Originally Posted by G13
durrrr,

is it feasible that the FTP shareholders will now pay back the money they owe, and that an investor will be able to pick up FTP for a lot less than originally required to pay back all players, and get the site back up and running under new management and possible rebranding?
i think most of the people who owe ftp $$ would've been willing to pay it back at just about any point if it meant a deal getting done. Some were eager to pay it back but didnt want it to go to hands which might misuse it.
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09-20-2011 , 07:03 PM
Quote:
Originally Posted by fkmyscreename
sorry if u missed this post, i feel this is relevent tho, i mean it doesnt look good on ftp owners if they paid jungle off due to the amount he had tied up....

but thx for answering questions
ftp wasn't involved in the deal with jungle at all
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09-20-2011 , 07:03 PM
Quote:
Originally Posted by durrrr
if i did im pretty sure the doj will send me to jail... and im pretty sure they'll subpoena a ton of contracts.
Is this your way of saying you think Lederer, Bitar and Ferguson will see some jail/prison time? What about any of the other Team Full Tilt members?
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09-20-2011 , 07:04 PM
Quote:
Originally Posted by EYESCREW
It's kind of tilting that so many people are curious to see his contract with FTP. .
It is nothing but curiosity. Dwan was the last and largest recent signing by FTP and the contract he got probably closely reflects a few of the other FTP pros contracts as well.

Of course people are curious - everyone is looking for insight to how this FTP disaster began, perpetuated itself, and ultimately imploded.

Thanks again for giving us some additional insight Tom.
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09-20-2011 , 07:04 PM
durrrr,

do you have any idea what current managment plans to do when the AGCC most likely permanently revokes their license tomorrow?

Are they going to attempt to go rogue like AP and UB or is do they plan on still trying to maintain some pretense of legitimacy in hopes of selling assets to lessen potential penalties?

basically any speculation on this subject would be great, even if it's just opinion based on limited knowledge. Basically I want to know wtf their gameplan has been. Because seemingly they've known they were ****ed for months but they've continue to lie to us that their were solutions to this problem. Why should we believe that the owners haven't run with every dollar and are trying to hide out and avoid extradition for the rest of their lives?
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09-20-2011 , 07:04 PM
Would u be willing to buy ftp money at this point from players. and if yes how much for a $1 would u say is fair in your book.
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09-20-2011 , 07:04 PM
Quote:
Originally Posted by Ansky
no hes not
I guess your standards for trustworthiness and moral fiber are lower than mine.
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09-20-2011 , 07:04 PM
How many people are at the head of the day to day running of FT? To your knowledge were Ferguson and Lederer a significant part of the decision making processes that led to these huge mistakes?
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09-20-2011 , 07:05 PM
Quote:
Originally Posted by durrrr
i think most of the people who owe ftp $$ would've been willing to pay it back at just about any point if it meant a deal getting done. Some were eager to pay it back but didnt want it to go to hands which might misuse it.

Tom, are we talking about tens of millions here?
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