I think the notary is also prohibited from taking the acknowledgement of somebody who doesn't speak/understand English (unless some translation is provided)...But, Dennis both speaks & understands English.
Dennis Orcollo contract
- Thread starter elitecustomcues
- Start date
I think the notary is also prohibited from taking the acknowledgement of somebody who doesn't speak/understand English (unless some translation is provided)...But, Dennis both speaks & understands English.
True, but minors signing or mentally impaired or language impaired are big problems for the notary if challenged.
They could get in trouble and (may) be obligated to ascertain if someone can legally sign.
Been a long time and I could very well be wrong?
Kd
Sent from my XT907 using Tapatalk
I'm not trying to act like the smartest guy in the room,
but is anyone else occasionally ASTOUNDED at how dumb some wealthy people are?
Dumb: trying to make a legal contract for something that is a legal gray area,
staking players in a gambling match.
Playing a game of skill and betting on the outcome is legal, but side bets are not
(in most states... this includes calcuttas) and it's not legal for any third party
to make a profit on two people gambling. How's the court gonna look at a stakehorse?
Dumb: thinking you can get away with ANY kind of contract involving a guy
with limited english who dropped out of school at age 9.
Dumb: trying to lock in exclusivity for a DECADE.
Dumb: thinking you can expect 50% of Dennis' actual financial earnings without promising a penny in return,
only vague "representation and advice", like French is some kind of consultant and not a backer.
Dumb: Trying to exploit someone with some amateurish horseshit lopsided contract, and actually expecting
sympathy by posting it in public... like we'd all see Dennis as the bad guy and John as the victim.
Dumb: Not only does John fail to put his financial obligations in writing, he actually goes out of his way
to state he DIDN'T have anything to do with the money at Steinway. Dennis claims he negotiated that deal himself.
So if John isn't putting up the money and he's not arranging the match, what the hell does Dennis need him for?
And why did everyone in the stream keep saying stuff like "We really want to thank John for making this happen"?
Dumb: Being caught in a lie, at least a lie of omission, when the steinway stream was sold to people
as a $20,000 match and it was actually a $2,500 match... trying to cover his ass by posting a facebook
screenshot saying he had nothing to do with it... then in the same screenshot admitting to illegal side betting.
--
Until I saw this, I thought Frenchy was maybe just a goof with too much time and money
on his hands, who didn't have the common sense to know what things should be kept under wraps
(backing Ko at DCC) and what things should be stated up front (the reduced money in the Steinway match).
I figured maybe he had good intentions, at least.
But seeing this contract completely changes that impression.
Apparently this guy makes his money by suckering people into scam contracts.
He definitely didn't get there with brains.
but is anyone else occasionally ASTOUNDED at how dumb some wealthy people are?
Dumb: trying to make a legal contract for something that is a legal gray area,
staking players in a gambling match.
Playing a game of skill and betting on the outcome is legal, but side bets are not
(in most states... this includes calcuttas) and it's not legal for any third party
to make a profit on two people gambling. How's the court gonna look at a stakehorse?
Dumb: thinking you can get away with ANY kind of contract involving a guy
with limited english who dropped out of school at age 9.
Dumb: trying to lock in exclusivity for a DECADE.
Dumb: thinking you can expect 50% of Dennis' actual financial earnings without promising a penny in return,
only vague "representation and advice", like French is some kind of consultant and not a backer.
Dumb: Trying to exploit someone with some amateurish horseshit lopsided contract, and actually expecting
sympathy by posting it in public... like we'd all see Dennis as the bad guy and John as the victim.
Dumb: Not only does John fail to put his financial obligations in writing, he actually goes out of his way
to state he DIDN'T have anything to do with the money at Steinway. Dennis claims he negotiated that deal himself.
So if John isn't putting up the money and he's not arranging the match, what the hell does Dennis need him for?
And why did everyone in the stream keep saying stuff like "We really want to thank John for making this happen"?
Dumb: Being caught in a lie, at least a lie of omission, when the steinway stream was sold to people
as a $20,000 match and it was actually a $2,500 match... trying to cover his ass by posting a facebook
screenshot saying he had nothing to do with it... then in the same screenshot admitting to illegal side betting.
--
Until I saw this, I thought Frenchy was maybe just a goof with too much time and money
on his hands, who didn't have the common sense to know what things should be kept under wraps
(backing Ko at DCC) and what things should be stated up front (the reduced money in the Steinway match).
I figured maybe he had good intentions, at least.
But seeing this contract completely changes that impression.
Apparently this guy makes his money by suckering people into scam contracts.
He definitely didn't get there with brains.
Just wanted to point out that his name is actually Orcullo, and that when he leaves the PI, his official traveling name is Orcollo due to a mixup in spelling in the paperwork (as was reported previously).
I wonder if he has the escape in that.
Freddie <~~~ knew it would come up, eventually
I wonder if he has the escape in that.
Freddie <~~~ knew it would come up, eventually
Post
Dennis is to easy sucked into things he don't understand..... Like when he got trapped in to the back pocket 10 ball game...
Dennis got stone cold trapped in to that con-tract... He prob even don't realize what he signed....
This is really gonna **** things up for the game and name of pool....
Rob.M
Dennis is to easy sucked into things he don't understand..... Like when he got trapped in to the back pocket 10 ball game...
Dennis got stone cold trapped in to that con-tract... He prob even don't realize what he signed....
This is really gonna **** things up for the game and name of pool....
Rob.M
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Only the language issue would be relevant in this case. But Dennis speaks & understands English, so I don't think the Notary is in any real trouble....unless of course she was involved in some other way.
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Gray being the word of the day. Not gonna get involved in this may lay no way no how. Just a few thoughts for observation. I would never want to be involved in anything like this on either side no way no how, nor would I ever allow myself to be. As Jaden mentioned earlier; maybe a short term loan ( 30% to keep it legal ) and possibly difference in closing cost ( points )? Once again, only for conversation purposes I'm towing stuff out there. Gray area , sure. Somewhere where I'd like to operate - NO CHANCE!
A court case could open a can of worms for both parties; Not sure if Mr French is a licensed Sports Agent or not, but the state of Illinois does require a license in order to represent. I could see a whole bunch of questions arising from taxes to gambling. The contract doesn't look like it came from any type of agency, maybe legal zoom........
https://www.idfpr.com/profs/rules/propsd/03042011proposedathleteagentrules.pdf
https://www.idfpr.com/profs/rules/propsd/03042011proposedathleteagentrules.pdf
GoldenFlash
Banned
WRONG.
The notary must only exercise due diligence at the time the agency is created.
To wit: The notary's only obligation is to make sure TO THE BEST OF HIS/HER ABILITY AND KNOWLEDGE that signers are of legal status to enter into the agency being formed.
My personal and (not business opinion) is these people better just keep their mouths shut and forget any 'legal' steps. It's still gambling illegally (regardless of that 'game of skill stuff') therefore inviting authorities to close down the venue, continue with actions of condoning commercial gambling, and getting the IRS gestapo involved.
That's just what all of you who have voted for and have elected democrats for years get.
And nobody deserves it more than you.
So there!
They try using the phrase "Two-man Tournament" to get around the gambling part. (I don't know about the whole calcutta thing.)
It had me wondering what exactly constitutes "winnings" in a two-man tournament with say a $50k entry fee.
GoldenFlash
Banned
No concerns there.
Most of the citizens of the world ALREADY KNOW....that things are ****up for the game and name of pool.
It really makes no difference if its a two man or thirty two man tournament winner take all. You can legally put any amount of money up as a player in a game of skill against another player. It's not gambling because the outcome is directly decided by the skill of the individual or thirty two individuals playing.
It could be said that a race to one would be luck but that's not valid either since the direct input from the winning player is what decided the final outcome.
GoldenFlash
Banned
Very keen observation there, my man.
(Most pool players are too dumb to realize it)
Regards.
You're what's wrong with the world. What's so funny about exploiting a desperate person
GoldenFlash
Banned
Ray Scott started Pro bass fishing tournaments over there in Montgomery back in 1968. Using the same approach...now fishing tournaments are as common as rain.
But, and this is a BIG but........A poolroom?
A bunch of two bit pool hustlers all gathered together to try and stick somebody up?
Gambling, getting drunk, threatening to beat somebody up, just being disorderly, violating paroles, and dodging taxes.
Remember what the citizenry collectively thinks of pool rooms....not too cool.
nah, Shane's his DADDY, frenchy's nuttin but a parasite
gotta wonder if frenchy thinks his stable full of horses are tied up for a decade?