D-Day!

Well ladies and gents i am glad to be the first to let you knoiw that i received a cheque today from the IPT.
The amount is the same as the other instalments 11%(roughly),so i hope everybody else receives their cheque shortly.
P.S. i know this is only a small step in the right direction but every little step in the right direction has to be a huge positive.
No ear bashing please :-) Rob Mac
.
 
Well if true this is certainly good news and indicates his intention to pay the whole thing. I was going to give up on this web site before this news as it seemed the writing was on the wall. Congrats to all involved and also the promoter.
 
If I'm Anything, I'm PATIENT

returnofthemac said:
Well ladies and gents i am glad to be the first to let you knoiw that i received a cheque today from the IPT.
The amount is the same as the other instalments 11%(roughly),so i hope everybody else receives their cheque shortly.
P.S. i know this is only a small step in the right direction but every little step in the right direction has to be a huge positive.
No ear bashing please :-) Rob Mac
.


Well, I'm glad that I waited for this news before mentioning the March 1st payment on AZB.
Doug
( I wouldn't want to be a 'nay sayer' or a 'the sky is falling' alarmist )
 
returnofthemac said:
Well ladies and gents i am glad to be the first to let you knoiw that i received a cheque today from the IPT.
The amount is the same as the other instalments 11%(roughly),so i hope everybody else receives their cheque shortly.
P.S. i know this is only a small step in the right direction but every little step in the right direction has to be a huge positive.
No ear bashing please :-) Rob Mac
.

Great news Rob. Not a small step mate.....that's at the very least a 'large' step and quite possibly a significant one. Congrats:)
 
Smorgass Bored said:
Well, I'm glad that I waited for this news before mentioning the March 1st payment on AZB.
Doug
( I wouldn't want to be a 'nay sayer' or a 'the sky is falling' alarmist )

LOL, I was right there with you!


I don't know returnofthemac, is this a huge positive or a lesser negative? :D

It's still good news either way. :)
 
4th payment eceived

I also received a 11 percent chque to this morning,(happy days as I was confined to not receiving anything else).
b. saleh.
 
Smorgass Bored said:
We do our best to keep everyone entertained during the slow period... :-)
Doug



lol! KT's using the snail mail literally! I say it's still good news for the players.
At least getting monies that you've given up for dead is a welcome development!
 
Coincidence? I hope so...

Smorgass Bored said:
KT also said THIS:
Thank you for your patience and understanding as we deal with these challenging and unavoidable market-condition situations.

This is the same type of wording used by upper management in my company just before they lay off a significant number of people...
 
returnofthemac said:
Well ladies and gents i am glad to be the first to let you knoiw that i received a cheque today from the IPT.
The amount is the same as the other instalments 11%(roughly),so i hope everybody else receives their cheque shortly.
P.S. i know this is only a small step in the right direction but every little step in the right direction has to be a huge positive.
No ear bashing please :-) Rob Mac
.

These payments are being made under duress. It is all part of his "I don't want to go to Federal Prison" agenda. It is not because he is such a good guy and wants to satisfy everyone. These payments are fear driven.

If all goes well, everyone will have received payment in full roughly one year after the completion of the tournament. Now that's what I call prompt payment, don't you.

KT works on the "float" plan. He is using the money coming in from his latest scam (the Weight Loss book) to pay his old debts. Forget about the 100K guarantee or the residual monies. It ain't gonna happen.
 
For the players something a little more customized may be more helpful in their time.

{DISCLAIMER}

As employees or stakeholders of the IPT the players have the right to request information and demand explanations. The channels to contact the person frontrunning the IPT organization I think has more than one phone line.

Billiard publications have been showing signs of their discontent with the players situation, by printing letters.

KT is a guest in the pool world and as a guest he surely has spilled a good amount of fine wine on the rug.

The rug owned by the pool players. Hasn't it always been the pool players traveling and doing exhibitions or tournament matches. Aren't they the ones with the first hand experience of what things do get done and what things are expected to happen.

They are a resource which may not have been fully tapped other than for their ability to put up money and play in tournaments by the IPT.


The IPT is a players tour run by an unknown. An unknown who hasn't done anything new, in terms of bringing the billiards industry to new levels. If she (yea she KT) can't do that then how do you expect the money to come pouring in.

After all what made the IPT go was the willingness of the players. It was the players that made the event an "event." The players have seen it all from the limitations to the bubbling ideas of the future. It really is up to the players to decide how things shouldve been done and how things are to be. After all it is their job and they are their own boss.

There sure are a lot of bosses in this industry, it could help if they talked to one another.
 
I read this thread to share the joy of the players being paid and to admire the herculean effort of the promoter to cause this to happen. I do not read this thread to read nasty comments from terribly unhappy people.
I do not know what is wrong with you. I invested in the IPT myself by paying to see an event but a number of people are putting a bad taste in my mouth.
Could you leave this thread alone and go to the unhappy people's threads?
 
jay helfert said:
These payments are being made under duress. It is all part of his "I don't want to go to Federal Prison" agenda. It is not because he is such a good guy and wants to satisfy everyone. These payments are fear driven.

If all goes well, everyone will have received payment in full roughly one year after the completion of the tournament. Now that's what I call prompt payment, don't you.

KT works on the "float" plan. He is using the money coming in from his latest scam (the Weight Loss book) to pay his old debts. Forget about the 100K guarantee or the residual monies. It ain't gonna happen.


"Rainy day" Jay is back! :D :D


Okay, so maybe I agree with you, but can't we just let folks enjoy the moment for a short while? Reality can be so depressing sometimes. :D
 
One more payment and many will be looking for the schedule-ready to play!! (IMHO)
 
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I just got a email about a new bridge that is going to be sold at the EXPO next week and is going to be the bridge for the IPT this summer. These guys are more optomistic about the IPT's future than most. I hope all goes well with both.
 
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with the 4 million plus paid out thus far, one can only wonder what the IPT would have been had they been a tad more conservative with the prize money, especially considering that a 500 000 pot will pretty much get you all the world's best, anywhere, any time
 
cueman said:
I just got a email about a new bridge that is going to be sold at the EXPO next week and is going to be the bridge for the IPT this summer. These guys are more optomistic about the IPT's future than most. I hope all goes well with both.
Or you can contact Trudeau directly -- he'll definitely sell you a bridge.
 
Da Poet said:
"Rainy day" Jay is back! :D :D


Okay, so maybe I agree with you, but can't we just let folks enjoy the moment for a short while? Reality can be so depressing sometimes. :D


Listen, I hope all the players get paid the full three million. They earned it!
But as far as the motivation behind these payments, I remain skeptical. I see it as hush money, nothing more, nothing less.
 
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