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This exclusive bargaining deal between ft and the group of European investors expires on the 21st. So we'll know for sure by at least then if the deal goes through or not?
Edited By: adamsapple19 Jul 16th, 2011 at 10:03 PM
edit: date in title should say 21st -
oh ok cool, im pretty relieved, thanks for that
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I thought i read somewhere they are having a hearing on the 26th?
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Originally Posted by wickedfamous
It's meaningless until the words come from a credible source like ftp Doug.
Doubt I consider anyone from that camp credible these days... and 99% sure guy was just making fun of their absurd quote when you sign in to ftp.. -
[ ] He was being serious
Originally Posted by grandmamoneybags
Doubt I consider anyone from that camp credible these days... and 99% sure guy was just making fun of their absurd quote when you sign in to ftp..
[x] You were being serious
[x] Checkboxes in posts are douchey -
Who gives a shit about the hearing. The FTP lawyer said on the 7th that the deal was expected to "close in two weeks" and also I read an article somewhere that the deal between ft and the investors is exclusive until the 21st only. Seems to me like that's the big day. I feel like it's a really really bad sign if, for whatever reason, this particular deal doesn't get made.
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I am kind of expecting a busy upcoming 5 or 10 days of ftp news, but it seems pretty unlikely they come out and say deal is done everyone is getting paid, but that would be nice to hear.
also, its just exclusive rights to to make a deal so once it expires simply means ftp can take on other investor offers/deals, it doesnt mean that they have no chance of still making a deal with these current investors -
The exclusive negotiating rights between ftp and the group of European investors ends on July 21st, we've been told. There's a hearing in London to address the site's license suspension by the Alderney Gambling Control Commission on July 26th.
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Ya but the hearing isn't likely to shed any good light on the situation. Maybe Alderney will air out some more of ft's dirty laundry and make FT look even more unattractive to prospective players and investors. In my mind the big news comes (supposedly) this week when the deal is expected to close (or not close). The longer FT is down the less likely this situation is to end well imo.
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god, the deadline is fast approaching. i don't know what to do with myself. should i brace myself for impending GREAT news? or is our best chance at getting a bailout DOA? this is the longest sweat ft has ever dealt me.
fuckfuckfuckfuckfuckfuckfuckfuckfuck the doj -
Kinda figured the longer we didn't hear anything the less promising it was becoming. And in reality who would wanna buy this company with all the problems they currently have.
Originally Posted by sharkusmanly
Sadly reliable sources have stated that both potential deals on the table ( harrahs and the euros) fell thru
Can you site any sources? -
Paddy Poker just put odds of 8/1 that all real money games worldwide will seize on Full Tilt on July 27th, the day after the Aldernay Hearing.
Edited By: JayAces Jul 21st, 2011 at 01:11 AM
http://www.cardplayer.com/poker-news...ker-on-july-27 -
Terms are of the wager are whether "Full Tilt will offer real money games on July 27th". Don't think it's a stretch that irrespective of the status of any potential deals, it's unlikely that they will be back up and running the day after the hearing. This is meaningless; just another stab at grabbing headlines by a half-assed attention whoring site.
Edited By: Nole91 Jul 21st, 2011 at 12:58 AM -
They mean worldwide, not just USA
Originally Posted by Nole91
Terms are of the wager are whether "full tilt will offer real money games on July 27th". Don't think it's a stretch that irrespective of the status of any potential deals, it's unlikely that they will be back up and running the day after the hearing. This is meaningless; just another stab at grabbing headlines by a half-assed attention whoring site.
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Why not? They probably have a contingency plan in place to re-open their tables asap once the gaming commission reinstates the license. Even the new owners would work some kind of continuity plan into the deal so they could have things up and running quickly one they get word from alderney.
Originally Posted by Nole91
Terms are of the wager are whether "full tilt will offer real money games on July 27th". Don't think it's a stretch that irrespective of the status of any potential deals, it's unlikely that they will be back up and running the day after the hearing. This is meaningless; just another stab at grabbing headlines by a half-assed attention whoring site.
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obv
I would expect delays on the commission side- once something gets suspended, bureaucratic forces take over and nothing happens quickly. Couple that with how slow tilt is on EVERYthing and it's easy to understand the line. Highly doubt that Paddy Poker is setting the line based on any inside info.Originally Posted by boneralert
Why not? They probably have a contingency plan in place to re-open their tables asap once the gaming commission reinstates the license. Even the new owners would work some kind of continuity plan into the deal so they could have things up and running quickly one they get word from alderney.
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So today's the big day. ft lawyer said deal should close by today. When I wake up I should see big news. I'm not holding my breath tho.
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IN TODAY'S BREAKING NEWS: full tilt Poker lawyers have announced that there will be an announcment reguarding the status of the company. Details about the announcment to be made have not been made available as of yet, but there will be an announcment reguarding the details of the announcment at a later time. A timeframe for the announcment reguarding details about announcment has not been set.
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these kinda posts r getting old, lets just all stfu, sit, n wait
Originally Posted by bucdotcom
IN TODAY'S BREAKING NEWS: full tilt Poker lawyers have announced that there will be an announcment reguarding the status of the company. Details about the announcment to be made have not been made available as of yet, but there will be an announcment reguarding the details of the announcment at a later time. A timeframe for the announcment reguarding details about announcment has not been set.
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U should really think b4 u post.
Originally Posted by bucdotcom
IN TODAY'S BREAKING NEWS: full tilt Poker lawyers have announced that there will be an announcment reguarding the status of the company. Details about the announcment to be made have not been made available as of yet, but there will be an announcment reguarding the details of the announcment at a later time. A timeframe for the announcment reguarding details about announcment has not been set.
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