Quit with the Barry Greenstein bashing, he made a bad read, that's all.

I'm sure Russ was very convincing - after all, he's had several years to formulate a coverup story.

Marquee outside Sunset Station Casino currently promoting it.
http://www.playubt.com/ubt_toursched...7&pge_pge_id=5

LOL. Btw, yer avatar is sooo ****ed up in soooo many ways, I dont even know WHERE to begin. LOL.

But the mob behind the UBT lives on!


http://www.metacafe.com/watch/108088...st_to_the_pin/

http://archives1.twoplustwo.com/prin...2490&type=post

http://www.hollywooddave.com/whoishd.php

http://www2.ljworld.com/news/2006/ja...e_duke/?sports


ENJOY!

How can Blast Off Ltd be suing Excapsa for money? I mean, how can Excapsa be taken to court if they sold ALL assets to Blast Off?
http://www.investegate.co.uk/Article...0121740204111K

So who exactly is Blast Off or UB taking to court?
Is Blast Off Suing ielogic/Iovation? I mean ielogic wrote the software then sold it to Excapsa, the remaining part of IELOGIC was turned into a company now called IOVATION. Greg Pierson was/is the head of both those companies
IOVATION got its big start in 2005

http://www.businesswire.com/portal/s...48&newsLang=en

Look at the companies that chose Iovation. Absolute Poker- Cheats, Nine.com- AJ Green, cheats, etc. If this company IOVATION was in place with its anti-fraud technology, how did they not catch the cheats at Absolute Poker? Or at Ultimate Bet? Did Iovations' anti-fraud tool detect the cheaters and just turn a blind eye? In on it? I mean if your anti fraud technology is so great Intel wants it, how come it couldn't catch some poker cheaters?

http://www.businesswire.com/portal/s...46&newsLang=en

A case study showing Iovation's IESNARE was in place during the cheating at UB. If the cheating started in 2004, surely Iovation would have been alerted to the cheaters?
http://www.judyb.com/Iovationiesnarefinal.pdf

What Phil Hellmuth says about his buddy Greg Pierson at Iovation, which Phil is part owner. http://www.philhellmuth.com/phil-hel...g.html?id=2351

Now Pierson is looking to sell his IOVATION - Anti Fraud company

"With its influential new partners on board, Pierson thinks Iovation will deliver its investors a big return.

"If we don't have an exit north of a quarter billion, this will be just OK for them," he said."

In this release he makes it clear his business plan is to sell off the company as soon as possible for a huge payday or about 250 million dollars
http://www.bizjournals.com/portland/...31/story3.html

Another interesting note. When Iovation gets sold, The government is going to collect some taxes on that sale. A friend of mine who is a business Major, no expert mind you, Would say

"Somehow they need to acquire liabilities to offset those taxes. A lawsuit or settlement would fit that bill. A settlement to an offshore company fits it best as those folks likely won't have tax liability in their home jurisdiction"

Blast Off has been suggested/rumored (can anyone confirm this) as having relocated from Malta to an asian country. Why?

7-20-08 - Two comments made by, Barry Greenstein, a professional poker player team Pokerstars member speaking on the Current Ultimate Bet ownership situation
http://forumserver.twoplustwo.com/sh...&postcount=289

Barry G.

Originally Posted by barryg1 – Barry Greenstein
http://forumserver.twoplustwo.com/sh...&postcount=300

Barry mentions me as the darkside, well just keep trying to protect your poker friends who did own stock in UB

IMO the reason Blast Off is suing Excapsa is to screw the shareholders.

The deal that had Blast Off buying Excapsa was not a lump sum, it was payment over several years. If Blast off wins the lawsuit, it doesn't matter if Excapsa has no assets. No longer having to make those payments is a big win for Blast Off. UB essentially winds up buying themselves for nothing.

http://www.alacrastore.com/storecont...Inc-1801429040


The real questions here are: Will the KGC report tells us who the owners of Blast Off are? Why they tried to hid behind Tokwiro? And why did they abandon that ruse to reveal Blast Off still owns everything?

I mean, as far as we know, Russ Hamilton is one the owners of Blast Off.

Is this all really a giant stock swindle?

All things considered, what's Hamilton's actual legal exposure here? What can Blast Off really do? Is he just the fall guy because he (or anyone, really) is legally untouchable anyway. People are talking about Hamilton doing jail time - What government is actually going to have any kind of jurisdiction (or interest) in jailing him?

Thank you for another example of what I am criticizing.

I hope most people are smart enough to realize that these friends of mine have been screwed out of their money by Russ's actions if he is the guilty party, and so was Freddy Deeb when he was playing against superuser accounts.

Barry

Considering that most of your posts jump to unfounded conclusions (like this one) and that they are incredibly spammy, why wouldn't he include you in that group?

BIG DEAL!


WE knew he was behind the scam months ago. His information was tied to the sleeplesss accounts through an insider released document. The address listed on that account was to a Las Vegas property that Russ just happens to own. Given that we outed him months ago, you can be sure all that money is offshore by now and he's likely out of the country.

This is all smoke and mirrors IMO unless he goes to prison.

$25 dollar tournaments to a quarterly tournament are a far cry from two seasons on CBS.

Yes and yes. This guy Hamilton seems shifty. Maybe Barry had a bad read on him, despite the hearsay concerning Our Villians reputation.

Very possible Hamilton seemed convincing...

Well when Brainwashdodo posted the original screenshots, Freddy Deeb's account had yet to show a refund for the nionio investigation. So if he was playing against superuser accounts, why no refund? Probably coming with that second batch or whatever.

Someone correct me if I am wrong, but I thought it only showed Freddy getting money from Russ Hamilton in transfers, but no refund, he did get money from a know cheater transfer to him though. I cannot find a link to screenshot, just this summary from the sticky

-kid55 screenshot showed that brainwashdodo blocks out his UB username b4 he posts the screenshots, ShaqTack’s screenshot was cropped differently and didn’t show who he was Logged In as. It shows that the name on the acct is Kassem Deeb, gives his address, phone, dob, email, and initial IP address. Kassem is Freddy’s real name. I later find out that it is common knowledge that kid55 is Freddy Deeb’s main account on UB. It was created on June 1st 2003. His deposit and transfer limit is HIGH ROLLER. Never played a sng, tourney fees of $184 and rake revenue of $37,825.57. Played some BJ and broke even I think. He did 143 deposits for $2,314,335 and 138 withdrawls for $3,701,016, but claims to be a losing player on UB. Many people speculate this is because of transfers and payments for his sponsorship deal, makes sense to me. The ONLY thing suspicious on Freddy’s account is an amazing piece of information. On Feb 6th, 2007, 1 day before they suspended ShaqTack’s account, they suspended Freddy’s account (Acct disabled. Do not re-open. Any inquiries please forward to Paul/Nolen. SAraya/ub sec, Tkt #8313668.) As you can see, both accounts were closed with the exact same message, word for word. It is also noted that 3 of the superuser accts have ‘55’ in th

What are you talking about? It's been well known that Blast Off owns AP/UB this entire time. If they were trying to cover that up they did a pretty hilariously bad job.

What gives you the idea that Hamilton is now or ever was involved with Blast Off? I've never heard anything about that, so I'm kind of confused by that comment. The whole ownership issue is super convoluted so it's very possible I just missed something.

@ Barry G... Anyone with a brain realizes that you're not involved in this and that you're not a shill for Russ or UB. Don't sweat the random idiots, I'm confident that most people still view you as a stand up guy.

Sounds like you missed that all he did was ask if Russ Hamilton could be one of the owners of Blast Off.

Also Freddy got paid the $1 million from his live tournament win in his accounts. And much of that money and money from his WSOP HORSE win went to pay off debts.

As I have said before, the suspicious closing of his account wasn't done by Freddy. He had been broke by the superusers (or maybe by honest players) before then. I suspect that someone closed his account because they didn't want an honest loser who is connected enough that he can get the attention of well-known people in the industry to have any record of tranfers from dishonest accounts.

See Mookman, there is nothing wrong with discussing and sharing information and trying to come up with real theories and conclusions. And I certainly cut some slack to some of the people I have implicitly criticized because it is impossible to wade through all the speculative posts in various threads here on 2+2 and figure out what is real.

Barry

Not according to Tokwiro's press releases regarding both the AP and UB scandals.. And Paul Leggett reiterated this on the PokerCast.

At the time Blast Off bought out Excapsa the speculation was that the old ownership was buying back UB - That UB was buying itself. That's how it came together so quickly, and that's why Blast Off got such a sweetheart deal.

Barry,

I have no problem with you or Freddy. I believe Freddy to be innocent. Your story about the $25K chips was more than enough. I am sure Freddy was probably cheated on UB. I am not out to get anyone. I just want more fact to come out, like all 88 usernames, get the refunds going, and find out about this ownership structure. I apologize for any comments I may have made about you or Freddy, as I believe you both did your best with what you could, especially you having nothing to gain and ony trying to help using your reputation and poker show to get Russ to talk. You have way more knowledge than I do in this matter and I value your input. Also, may apologies for the "protect your friends remark" or whatever. If I were in your spot, I would not say a word more than I had to. Anyway, thanks for responding to me Mr. Greenstein, I apologize for calling you Barry like I was close to you or making any rude remarks. You have always given your honest opinion. What is you take on Blast Off and the possible connection to Russ,or atleast Mansor Matolubi, since his name is all over the domain name, etc.

ps- Barry if you need a good agent, I hear that guy Oliver Tse is a gem!

Follow the money guys, follow the money:

http://www.techfinance.ca/modules/to...7&tnd=20080213

That's $101 Million US using today's exchange rate. Obv the dollar's tanked since so maybe that was $75 Million US at the time.

So whoever (rolls eyes) owned UB/Excapsa at the time it went public pocketed $75 Million.

http://www.alacrastore.com/storecont...Inc-1801429040

When whoever (rolls eyes) bought UB wins the lawsuit against Excapsa (wanna bet Excapsa just settles in exchange for just forgiving the debt?) they're going to wind up having bought UB for $8.823 Million US.

Even if they wind up giving out $10Million US in refunds, they're going to wind up buying a $100 Million company for less than $20 Million!!! What's more, they still have all the IPO money in their pockets.

That IPO money is what this is really all about.

+1 I too have been offered bets that Excapsa will just settle.

Who is Excapsa? I mean if they are the Plantiff, who is it? Who are the one's that say, let's settle?

Tokwiro and Blast Off are basically one and the same from what I've heard. Online poker sites that allow US players seem to have several layers of ownership, and that's not really exclusive to AP/UB (see Full Tilt).

Blast Off has been listed as the Owner/operator of AP and UB on PokerScout for as long as I can remember.

Sounds vaguely familiar now that you mention it. Would kind of make sense, although the KGC is now demanding that any of the guilty parties that are still involved with the company be removed (who knows how effective that will be).

Two corrections:

Card Player changed the title of their article to "Russ Hamilton Reportedly Behind UltimateBet Cheating Scam".

The igamingnews.com article changed the amount superusers won from players accounts from over $60m to over 6.1m.

Am i to understand that any and all people that the KGC or CGC sees unfit will be fired? Will these people stand trial or have any type of appeals?

All I want to know is what stock if any do I short here?

That's my point. Tokwiro spent months trying to tell everyone that they owned UB and AP. Nobody believe anything they ever said, then or now, however they were very clear as to ownership:

http://www.pokernews.com/news/2007/1...-statement.htm

http://www.ultimatebet.com/poker-new...ionio-findings


Then suddenly, Blast Off steps from behind the veil to sue Excapsa.

Why the sham in the first place and why drop it now?