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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #125 on: December 16, 2011, 02:37:43 PM »

The internet just invented this thingie called "hyperlinks". ezgame.



PS: There's already a lengthy, *new* thread on 2+2 if you're interested: http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-gbt-reach-agreement-1139894/
« Last Edit: December 16, 2011, 03:16:01 PM by DforDissent » Logged


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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #126 on: December 16, 2011, 06:07:39 PM »

look like sue is getting some golf balls


only 1 ones thou

3 for a pound around are end
« Last Edit: December 16, 2011, 06:09:14 PM by robkey-hatesftp.forummods, Reason: not telling » Logged

micro donk plo/nlh
Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #127 on: December 26, 2011, 11:00:54 AM »

Typical something like this would be released on a holiday.
NVG running thread DOJ:Wire Act only applies...............blah blah

This does seem encouraging to me.

http://www.cnbc.com/id/45786782
« Last Edit: December 26, 2011, 11:08:31 AM by twospd » Logged

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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #128 on: January 04, 2012, 06:40:56 PM »

interpret this how you will...

http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-discussion-thread-everything-but-big-new-news-goes-here-cliffs-op-1089355/index1032.html#post30747627

Quote
Quote:
Originally Posted by vamooose 
The ROW player debt passes to GBT when they complete the purchase of FTP from DoJ...which means we benefit from the ability to sue GBT, either individually or via class action when they take ownership but....
...

No, the debt does not pass to GBT. FTP is forfeiting its assets to the DOJ. GBT is then buying those forfeited assets from the DOJ. There is no transfer of liabilities, which includes USA/ROW player debt. However, as reported, the terms of the sale would include an agreement that GBT will repay or make whole ROW players, and that the DOJ will take responsibility for US player balances (does not necessarily mean 100% payment, see below).

Quote:
Ofc, we won't need to sue.
GBT is buying an online poker company and might just be planning to reopen it to make some cash.
GBT will need licence if they like deposits by Visa or any other processor you've ever heard of.
GBT will need a licence in order to recoup the $40m paid and to ensure that $150m ROW player liability doesn't end up in court.
GBT will only get licence if they have funds to guarantee the ROW players deposits.
GBT wouldn't have bothered spending 'millions' arranging deals with DoJ and FTP if they didn't have $150m or didn't think they'd get a licence.

I'd say the chances of ROW seeing 100% are far greater than US but there are some (you in particular) that won't see sense til they have their money in their pocket.
...

This is for the most part true. It wouldn't make any business sense for GBT to buy the FTP assets and then stiff ROW players. However, since the debt doesn't technically transfer over during the asset sale, GBT probably won't end up in court if they end up not paying 100% of ROW balances (depending on the terms of the agreements between FTP, GBT and the DOJ). Also, while they may need to have all ROW funds on hand in order to get/regain a license with the AGCC, that doesn't necessarily mean they have to allow for ROW players to be able to withdraw 100% of their FTP balance when FTP2 opens.

There is still the possibility that some balance will be repaid in equity in FTP2 (unlikely / bad idea IMO), or that players will have to unlock some/all of their balance by playing on FTP2 (more likely but still a bad idea IMO). I think the best strategy is for GBT to offer full cashouts for ROW players, with strong incentives (bonuses, player points, etc.) for players who don't cashout and put in volume on FTP2.

I agree with you that the ROW is more likely to see 100% of their balance than US players. There will almost certainly be some sort of application/processing fee for US players to claim/receive their balance from the DOJ, and there's also the possibility that the DOJ screws over US players and only offers partial repayment.


but I thought it might be interesting to people who still give a F[TP] about what's [not?] happening.

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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #129 on: January 19, 2012, 10:48:14 AM »

Interesting but depressing read.   I could not find a date on the article.


http://www.gambling911.com/poker/us-attorney-still-bowing-full-tilt-poker-pixie-dust-fairies-011812.html





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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
« Reply #130 on: January 19, 2012, 04:42:34 PM »

" - Chris Costigan, Gambling911.com Publisher

Submitted by C Costigan on Wed, 01/18/2012 - 20:35 "
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« Reply #131 on: January 20, 2012, 06:58:13 AM »

^^^   Wow 2+2'ers burn that article up.   How dare any1 challenge SP/Noah.   I suppose I am one of the gullible ones that is getting flamed.   The article makes as much sense to me as any of the others I have read... probably more.   I do not believe the government is going to do anything less than crucify anyone that had a hand in running FT.   Let me clarify, atleast they are going to try.


   Another thing that has crossed my mind is what about the vendors that FT owes?   I'll stop because I really do not know what I am talking about and surely have no ideas on international law or how the FT brand was actually several different companies etc.etc.


   This is just me talking again but another reason I pulled my initial deposit money off Merge the other day is an uneasy feeling with 4-15 fast approaching.   If I lose my winnings there, OK , but to lose my principal would be tough to swallow.   To be completely clear here, this is only my gut talking.   Better safe than sorry.   blah blah blah


Edit   Screw it, lets gamble it up. Grin   I cancelled the withdrawal.    I don't feel like playing .05/.10 LHE or 4nl.
« Last Edit: January 20, 2012, 10:15:53 AM by twospd » Logged

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« Reply #132 on: January 21, 2012, 06:37:45 AM »

http://fr.pokernews.com/news/2012/01/rachat-full-tilt-poker-par-groupe-bernard-tapie-point-situat-10595.htm


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« Reply #133 on: January 22, 2012, 06:04:03 PM »

Am I tooting my own horn for thinking this all along or am I proving my ignorance?
The edit on 5-15-11 was when I went back and put the ....................'s in to iso that paragraph


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« Reply #134 on: January 22, 2012, 10:11:23 PM »

http://babelfish.yahoo.com/translate_url?doit=done&tt=url&intl=1&fr=bf-home&trurl=http%3A%2F%2Ffr.pokernews.com%2Fnews%2F2012%2F01%2Frachat-full-tilt-poker-par-groupe-bernard-tapie-point-situat-10595.htm&lp=fr_en&btnTrUrl=Translate


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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
« Reply #135 on: January 24, 2012, 12:31:39 AM »

Think automated emails such as this are just like nigerian lottery winnings....

Rest assured that our technical and legal teams are working towards a solution that would allow us to return these funds and account balances to you as soon as possible.  As always, your player account remains safe and secure.


 
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« Reply #136 on: January 26, 2012, 07:48:21 PM »

http://www.subjectpoker.com/2012/01/chris-fergusons-secret-bank-accounts/

Gotta love the name of his attorney (Ian Imrich).
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« Reply #137 on: January 26, 2012, 08:09:42 PM »

I still read every article pertaining to Full Tilt, but I try not too take them seriously. It's all very up and down, and you'd go crazy if you believed everything you read about the sale of FTP to GBT.

That said, this one sounds pretty encouraging, despite the latest Chris Ferguson developments:

http://www.pokerplayernewspaper.com/content/tapie-full-tilt-poker-deal-hits-pay-dirt-11874
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« Reply #138 on: January 27, 2012, 08:53:34 AM »

That said

somehow your word choice made me think of this...
http://www.youtube.com/results?search_query=larry+david+having+said+that
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« Reply #139 on: January 27, 2012, 11:05:36 AM »


That episode always comes to mind when I say "that said".
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« Reply #140 on: January 27, 2012, 05:23:32 PM »


on the same wavelength eh, so that mean now "we are lego, interlocked together"? Wink
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« Reply #141 on: January 30, 2012, 06:06:11 AM »

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« Reply #142 on: January 30, 2012, 06:50:26 AM »

Ok so this article dates back to Oct. 11'   I still find it an interesting read.


http://www.billrini.com/2011/10/04/screwed-full-tilt-poker/
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« Reply #143 on: January 31, 2012, 06:28:42 PM »

31Jan2012:

"RICO Suit Dismissed" http://www.pokernews.com/news/2012/01/report-full-tilt-poker-doj-agree-on-forfeiture-agreement-11919.htm

"Ferguson Close To Settling With DOJ" http://www.cardplayer.com/poker-news/12714-chris-ferguson-close-to-settling-with-doj-lawyer-says
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« Reply #144 on: February 01, 2012, 09:38:43 AM »

Ok so this article dates back to Oct. 11'   I still find it an interesting read.


http://www.billrini.com/2011/10/04/screwed-full-tilt-poker/

Good article.

I really like Bill Rini's blog. Actually, it was this article that got me reading his blog. He's very mature, and level-headed.
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« Reply #145 on: February 01, 2012, 09:47:02 AM »

http://tinyurl.com/76mv74v

Basically,

1. Chris Ferguson not inteferring with FTP/GBT deal.
2. Chris Ferguson talking with DoJ, could settle soon.
3. Class action lawsuit against FTP dropped
4. GBT takeover of FTP should be completed by late February.
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« Reply #146 on: February 01, 2012, 10:57:23 AM »

I really like Bill Rini's blog. Actually, it was this article that got me reading his blog. He's very mature, and level-headed.

wow BNS I am really surprised that this is your first encounter with Bill Rini. His tongue in cheek "Proof that online poker is [not] rigged!" articles are infamous, I thought every forum reg knew about them. https://www.google.com/search?q=bill+rini+rigged


Or maybe it's more of a "rediscovery"? Cuz I coulda sworn that among the linked articles in this forum related to FullTiltPonzi since April 2011, the one linked above was one of them. (or maybe you're saying that you got "hooked" on Rini as a result of his October 2011 article about FTP?)
« Last Edit: February 01, 2012, 11:09:19 AM by DforDissent » Logged


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Author Topic: Full Tilt Poker Article Dump(Read 8836 times)
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« Reply #147 on: February 01, 2012, 10:26:53 PM »

Here is a response from Bill Rini about that article.   It was posted this evening in the FTP thread on 2/2.   It is post #16,795    Shocked





http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-discussion-thread-everything-but-big-new-news-goes-here-cliffs-op-1089355/index1120.html
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« Reply #148 on: February 02, 2012, 08:53:10 AM »

So, pretty much, a wholebunch of somebody's haz my 1200+bux?
 Angry Angry Angry Angry Angry
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« Reply #149 on: February 02, 2012, 02:55:44 PM »

Here is a response from Bill Rini about that article.   It was posted this evening in the FTP thread on 2/2.   It is post #16,795    Shocked





http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-discussion-thread-everything-but-big-new-news-goes-here-cliffs-op-1089355/index1120.html


direct link to that particular post:
http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-discussion-thread-everything-but-big-new-news-goes-here-cliffs-op-1089355/index1120.html#post31289084
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