The deal in question can be found here. A lot of people may have
missed it the first time around since it's buried in a thread.
Dutch, it would appear from my vantage point that you don't have
anything to lose by revealing what "more to it" that deal had that
made it fall through. Even as bad as your reputation is already, you
started looking a thousand times worse when it was plausibly alleged
that you were offered an escape route that would have paid everyone the
money they were owed, and left you with some money for your troubles.
You may believe that you have already been judged by rgp, and that's
probably true, but that doesn't mean you give up on presenting your side
of the story if you believe you have been judged unfairly.
--
Paul Phillips | Gir! Remember with your brains... you must
Everyman | behave like a human dog monster.
Empiricist | -- Zim
up hill, pi pals! |----------* http://www.improving.org/paulp/ *----------
_________________________________________________________________
Posted using RecPoker.com - http://www.recpoker.com
Hard to tell from here whether the bird in the hand was any more or less
likely to fall through than the one in the bush, but that sounds too much
like you chose to gamble with $400,000 that wasn't yours. And lost.
--
Paul Phillips | You're sitting there thinking your thoughts
Analgesic | They are not about what is but what is not
Empiricist | -- cake
pal, i pill push |----------* http://www.improving.org/paulp/ *----------
As a law graduate, surely you didn't sign a contract and move to Montreal
without "upfront" money. Do you do due diligence and determine that they could
indeed come through with 3x's the money Burton offered and what recourse you
had to sue if they failed to live up to the contract? Did you sue? Did you
receive any upfront money? Was there any provision to pay back those with
money on deposit with PokerSpot? And, if so was any of that money given at the
front end of the deal.. if not, why not? And if no money was ever allocated to
depositers of PokerSpot, why not?
Joan
Joan>From: "Mister Poker"
Not a very ironclad contract, eh?
>In article <3f3175c5$0$15229$9a6e...@news.newshosting.com>,
>Mister Poker <anon...@yahoo.com> wrote:
>>Regarding the opportunity to make players whole and choosing not
too, I'm
>>assuming you are talking about the deal Burton Ritchie made public
after I
>>criticized Paul Westley. The reason that deal did not go down had a
lot
>>more to it then a non-compete clause.
>
>The deal in question can be found here. A lot of people may have
>missed it the first time around since it's buried in a thread.
>
> http://tinyurl.com/j8bh
>
>Dutch, it would appear from my vantage point that you don't have
>anything to lose by revealing what "more to it" that deal had that
>made it fall through. Even as bad as your reputation is already, you
>started looking a thousand times worse when it was plausibly alleged
>that you were offered an escape route that would have paid everyone
the
>money they were owed, and left you with some money for your troubles.
>
>You may believe that you have already been judged by rgp, and that's
>probably true, but that doesn't mean you give up on presenting your
side
>of the story if you believe you have been judged unfairly.
>
It really doesn't matter what the deal was. He was using customer
monies as working capital. He wasn't doing adequate screening to
protect against rampant credit card fraud. And it blew up.
He's a crook. His whole business plan was based on fraud.
Gary Carson
Tell us another story about how none of it was your fault and gives us your new
plan
Dutch
_________________________________________________________________
Did they teach you that in law school?
On 07 Aug 2003 02:46:53 GMT, "Mister Poker" <anon...@yahoo.com>
wrote:
>The Burton Ritchie deal wasn't "in the hand" anymore or less than the
>Golden Palace deal was. In fact, I feel the GP deal was less likely
to
>fall through given that they have a yearly take of about $50m / year
and
>all Burton Ritchie had was a couple headshops in Florida.
>
Gary Carson
And, when they're finished with poker I have no doubt that they'll
revolutionize the sale of aluminim siding and long distance services.
Gary Carson
PA
"minus200" <minu...@comcast.net> wrote in message
news:3F31BE39...@comcast.net...
Russ...wow...must've been a pretty lousy "deal/contract" that you signed there
-- did you have a lawyer review it first?! And as you gain more life experience,
you'll come to see that hot-shot whiz-kids are 'a dime a dozen' in this world,
and that while some can perpetuate their own self-delusions for a while by
surrounding themselves with a 'crew' of sycophants, only very few can really
make a lifetime 'career' of it -- coming to mind in that regard would be the likes
of P. T. Barnum, Don King, Bill Clinton, Mike Caro...