Has Trudeau Made Money or Lost?

C

cuetechasaurus

AzB Silver Member
Silver Member
Any estimate on how much KT has made or lost in his IPT venture? I haven't really been keeping up to date on this recently.

And what happened with Deno and something about sexual harassment?
 
cuetechasaurus said:
Any estimate on how much KT has made or lost in his IPT venture? I haven't really been keeping up to date on this recently.

And what happened with Deno and something about sexual harassment?
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How close are you an your campaign for 1000 bad reps?

Steve
 
To answer your original question, it i hard to tell.

He will not release his accounting, although some of us have a good idea of what's gone on. So with that being said, it is just pure speculation.

He was given funds from Vontage and Party Poker. I am not sure what Vontage was, but I ASSUME (also knowing what poker brings to the table) that PartyPoker gave in the millions.

Yes, I do feel that HE personally and or The Natural Cures Book is out a good deal of money.
 
Eydie Romano said:
He was given funds from Vontage and Party Poker. I am not sure what Vontage was, but I ASSUME (also knowing what poker brings to the table) that PartyPoker gave in the millions.
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Maybe its Vonage. An internet phone company.
 
He's probably stuck a little on this venture. Not as much as he would have you believe. But that's not the poolplayers fault. They showed up, played their hearts out and generally held up their end of the bargain. He has NO right to stiff them. In fact they all deserve a bonus!
 
jay helfert said:
He's probably stuck a little on this venture. Not as much as he would have you believe. But that's not the poolplayers fault. They showed up, played their hearts out and generally held up their end of the bargain. He has NO right to stiff them. In fact they all deserve a bonus!
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Jay I couldn't agree with you more!

Misterpoole... I do get an occasional word wrong now and then...lol
 
jay helfert said:
He's probably stuck a little on this venture. Not as much as he would have you believe. But that's not the poolplayers fault. They showed up, played their hearts out and generally held up their end of the bargain. He has NO right to stiff them. In fact they all deserve a bonus!
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They not only deserve a bonus but a big bonus.

Steve
 
You can bet your last dollar that while the IPT may have lost money, KT hasn't. Even after this whole saga, haven't you all figured it out yet ?? He's too damn slick to lose money on this. This guy is slicker than a brown pelican that's been marooned off the coast of Alaska for a few weeks in an Exxon oil spill.
 
jay helfert said:
He's probably stuck a little on this venture. Not as much as he would have you believe. But that's not the poolplayers fault.
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Quite right. It's all the fault of the NSY's* and SCF's*, curse their greasy hides.

Seriously though, this is just more speculation. No one will really know how much he's spent where until or unless either their is an actual IPO (As financial disclosure is kind of a prerequisite) or a court case, or quite possibly both.

What is clear is either his original public business plan of creating a marketable TV show out of Pool has failed to date (at least in terms of coming close to covering the IPTs costs) and his super-duper top secret business plan of selling online gambling rights for IPT events is just plain nonsense, if it ever existed in the first place.

How much of his own public statements he actually believes are true I have no idea. It really does not matter at this point if he has in fact lost an appreciable amount of money or not as his last statement made it clear that whatever his current financial status he does not intend to throw good money after bad (even if it wasn't his own in the first place) which bodes very ill for any chance of an IPT revival in 2007. Of course this is assuming this statement was not also a lie, in which maybe he has another even more secret business plan to waste a few more million.

*Nay Sayers and So-Called Fans, natch.
 
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Pure speculation. Why don't we ask the national major accounting firm he put all the money in escrow with. LOL
As far as the sexual harrassment, all I know is I'm not going to bend over a table in front of this guy.
 
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