Efren paid by the IPT last Friday for W.O.

LAMas

AzB Silver Member
Silver Member
In another post "World Open On Phillipine TV" It is said that Efren got his check last Friday.
 
It's nice to see that Efren got paid, but there are a lot of other players that racked up credit cards and put themselves in a tight spot just to get to reno, it would have been nice if the IPT would have taken care of those who needed it the most first.
 
ironman said:
Sure he did!!!

There was a ceremony honoring Efren or some sorta shindig put on by the Phillipine Govt relative to Efren's win. I think the Phillipine Govt Officals may have gotten to KT and got the check for Efren. That could be the logical explanation if the reports are true that he received the check.
 
Nostroke said:
There was a ceremony honoring Efren or some sorta shindig put on by the Phillipine Govt relative to Efren's win. I think the Phillipine Govt Officals may have gotten to KT and got the check for Efren. That could be the logical explanation if the reports are true that he received the check.

Or, possibly, a falsehood out of respect and good PR for Efren, a deserving Phillipine hero.
 
smashmouth said:
I highly doubt KT could care less what anyone in the Phillipine government
says.

The Phillipine Govt has a pretty close relationship with it's pool players and it might be wise for KT to care but still Im just making guesses.
 
Well "bandido" was probably winding everyone up on the other thread and even if he wasn't there is not a snowballs chance in Hades that half a milllion was paid to Efren last Friday ;)

Getting ready to duck and dodge the bullets:)
 
Here's an article published today in the Philippines:



Bata losing money by the day



"Show me the money."

This must be the question on the mind of pool sensation Efren “Bata” Reyes,
who won billiards’ richest prize in history—a cool $500,000 or roughly P25.27
million—for topping the International Pool Tour World Open 8-Ball
Championship last month in Reno, Nevada.

But 24 days after Reyes’ historic feat, he has yet to claim his prize.
Apparently, the picture showing the Filipino legend getting a bagful of cash
during the awards ceremony at the Grand Sierra Resort, was just for show.

Worse, the exchange rate during the time of Reyes’ triumph stood at P55.54
to a dollar and with the peso getting stronger by the day, the Magician has
already lost more than a quarter of a million pesos for the delay as his prize
winning now stands at P25 million.

Fifth placer Dennis Orcollo and seventh placer Django Bustamante, together
with nine other Filipino pool stars, who saw action in the $3-million
tournament, have yet to receive their prize money.

Founded by media mogul Kevin Trudeau, the IPT has yet to pay the players,
including the first-round losers, who were guaranteed $5,000 each.

Filipino cue artists are starting to be alarmed, and for good reason as
Internet inquiries to the IPT have gone unanswered, with the IPT Web site
going inactive.

But prior to the IPT Web site’s inactivity last Oct. 1, Trudeau issued his
apology to the players for the delay in the awarding of the checks.

“The delay has been unavoidable due to a multitude of factors most notably
the finalization of the IPT acquisition by Ho Interactive,” wrote Trudeau. “I
want to assure you that your checks will be issued very soon and
simultaneously we will be formally announcing the exciting merger/acquisition
with Ho Interactive,”

Ho Interactive is owned by Hong Kong casino mogul Stanley Ho.

Reyes, in a radio interview, confirmed that he has yet to get his winnings
from IPT. The Magician, who crushed American Rodney Morris in the finals, 8-
6, is still waiting for the money promised him by Trudeau.

Surprisingly, Reyes said he isn’t worried. After all, he got his prize money of
$200,000 from the IPT for winning the King of the Hill finals in December 2005.


Source:

http://www.manilastandardtoday.com/?page=sports3_oct4_2006
 
ALL these ups and downs gotta be driving some players nutty- I know it would have gotten to me by now. Kinda glad I suck at this game for the moment.
 
Well now, that changes everything, again. Where is that damn shift lever? I seem to be spinning my wheels.

But then, maybe this is all a big PR stunt. That is one way to get some press.

I am getting dizzy.

I was watching trick shots by Mike and they sure did come in nice and clear. Then I think I broke it. I switched to small view and I lost it all. Now it won't load. Maybe I have to use IE?

How come Mike H. doesn't put up a link to join the membership club on his home page. It should be easy money for him. They have some pretty nice links on the affiliate page.

Jake
 
If he stated that he got his check on Friday, which was the 29th, and the article was written after the 1st, talking about KT's letter and Efren not having been paid yet, well.......:rolleyes:
 
rackmsuckr said:
If he stated that he got his check on Friday, which was the 29th, and the article was written after the 1st, talking about KT's letter and Efren not having been paid yet, well.......:rolleyes:

Yeah-It's pretty clear that the check receipt was some misinformation but what about this

"Filipino cue artists are starting to be alarmed, and for good reason as
Internet inquiries to the IPT have gone unanswered, with the IPT Web site
going inactive.

But prior to the IPT Web site’s inactivity last Oct. 1, Trudeau issued his apology to the players for the delay in the awarding of the checks."

Is that true-The site has been inactive? I hadn't heard that anywhere else.
 
Nostroke said:
"Filipino cue artists are starting to be alarmed, and for good reason as
Internet inquiries to the IPT have gone unanswered, with the IPT Web site
going inactive.

But prior to the IPT Web site’s inactivity last Oct. 1, Trudeau issued his apology to the players for the delay in the awarding of the checks."

Is that true-The site has been inactive? I hadn't heard that anywhere else.
I was just wondering about that. The site is up now. And they are promoting that the:

IPT to star on major TV network in Philippines
World Open 8-Ball Special Kicks Off a Week of Prime-Time, High-Stakes Pool on Channel 9

I liked these quotes from the press release:

"The final championship match, which pitted the legendary Reyes against American pool master Rodney Morris for a record cash prize of $500,000 USD."

They forgot to add unpaid record cash prize

"The prime-time coverage accorded the International Pool Tour in the Philippines is yet another testament to the IPT’s growing stature as the benchmark in cue sports around the world,” said IPT Executive Director Jon Denny.
 
gregory said:
I was just wondering about that. The site is up now. And they are promoting that the:

IPT to star on major TV network in Philippines
World Open 8-Ball Special Kicks Off a Week of Prime-Time, High-Stakes Pool on Channel 9

I liked these quotes from the press release:

"The final championship match, which pitted the legendary Reyes against American pool master Rodney Morris for a record cash prize of $500,000 USD."

They forgot to add unpaid record cash prize

"The prime-time coverage accorded the International Pool Tour in the Philippines is yet another testament to the IPT’s growing stature as the benchmark in cue sports around the world,” said IPT Executive Director Jon Denny.


I know it is 'up' now but has any new info been posted since 10/1?
 
gregory said:
They have posted the results for the qualifiers that ended on 10/1.

I saw that too but Im not sure that any of the qualifiers actually ended on 10/1 seeing as the fields were mostly 2-6 players. They may also have been set up to be updated from the field by the TC's without home office input-Im no techie so i could be dead wrong about that.
 
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