Here is what will happen....

Smorgass...<<What about if it was EATEN ?>>
Then it would be either a fried contract, a baked contract or a raw contract.

In KT's dealings fried contracts means the other guy gets fried. In baked contracts, that means they are half baked and in raw contracts, that's when KT just tells you to eat it raw.
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Southpaw said:
This is 100% CORECTO-MUNDO!!!! If you look at his past business adventures, they follow the same steps as he is taking with the IPT. I hope the players get every dime they are owed for the Reno tourney....and then do not take a chance with the IPT IF there is a Chicago tourney.

Southpaw
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And that's an awfully big IF at that, KT better have the players paid soon if he expects there to be any Chicago at all.
 
jjinfla said:
With Natural Cures being the whole sponsor that could explain where the original money came from.

KT takes money from his Natural Cures company and starts the IPT with it. That money is advertising for Natural Cures and as such is a write off for taxes that would have gone to the Government.

So KT takes that money and has a ball playing Founder of the IPT. When the money runs out he just closes shop. KT really is not out any money because if he did not spend it on the IPT he would have had to give it to the Government in the form of taxes from Natural Cures.

Of course that is just conjecture and KT would never plan anything so diabolical.

Jake
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This was my take on the IPT from the beginning...
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Smorgass Bored said:
I suggest that you wait for the players to get paid in full and the IPT goes on & on & on and then bump it up ONE TIME. Consistantly bumping this up will just piss everyone off...... imo
Doug
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Now hang on a sec Smorg. If all it takes to get all the Pros we love and respect paid out for Reno and guarantee that the IPT continues to run succesfully for many years to come is to bump this thread then I say bump away.

I had no idea bumping could be so powerful ;-)
 
Questions I thought up are:

DID KT pay the hotels for renting them, how about the table fees and the video staff, referees and non KT business groups.

Just a side not a judge somehow always rules in favor of the smaller guy. If I had more resources I would prep the work needed to charge KT with perjury.

If the IPT files chapter 11, bankruptcy, no one will get paid.
but any and all IPT assets will be sold to pay debtors, this could include KT.
 
I bet when everything finally unravels and KT is revealed as the fraud that he is, he would come out with one last statement saying that he tried to do his best and put up his own money out of the goodness of his heart and for the love of pool but eventually all the negativity from the people in this forum brought the IPT down and it's all going to be our own fault.
 
I'm new to reading the horror of the latest IPT fiasco...and saddened by what is happening to the sport, which I believe is truly worthy of greater support and respect. Considering Trudeau's past, then considering similar corporate blunders like Enron, Refco, and the like, I can't have a positive opinion of what's to come for IPT and the players. I'm not an IPT participant, but already I feel I've been hustled out of $2000+...and, frankly, I really think this is what happened to the participants, to no fault of their own.

The upshot is that pocket billiards can have mainstream attraction... and that there is talent out there who will gladly come out to play if the stakes are right.

Maybe it'll be reality TV, maybe it will be all about gambling and hustling... My favorite memory of the Hopkins show I went to a few years ago wasn't the tournament action or the expo, it was the gambling that was taking place downstairs... watching professional players go rack to rack with the locals and hustlers, money in hand, sidebets called out, fading this and fading that... along with a huge crowd, I could feel that energy. Think about it...America is in game show mania! And 'chance' is what's popular RIGHT NOW... have any of you seen Deal or No Deal? Don't you think Pool is the ultimate card game? Like another person said, this isn't a game of luck, although it can be spun that way. IMO, in this day an age, legitimizing the sport must come secondary to promoting it.

AZ is a great forum and the brainpower-pool-knowledge capacity here is daunting. I'm sure we can come up with some great out-of-the-box ideas to promote the sport. Let's use the negative energy we have invested in the IPT and do exactly what, ironically, Trudeau is suggesting..."Let’s put it behind us and move ahead"...as it seems he already has.

for more on Trudeau: http://en.wikipedia.org/wiki/Kevin_Trudeau
 
Renegade said:
I bet when everything finally unravels and KT is revealed as the fraud that he is, he would come out with one last statement saying that he tried to do his best and put up his own money out of the goodness of his heart and for the love of pool but eventually all the negativity from the people in this forum brought the IPT down and it's all going to be our own fault.
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I wouldn't be surprised either if he says all his hard work and expenditures were not appreciated by the pool community. He alluded to this already when he said only three players thanked him for his generosity. When the IPT finally goes down the tubes, he will become the excusemeister.
 
jay helfert said:
I wouldn't be surprised either if he says all his hard work and expenditures were not appreciated by the pool community. He alluded to this already when he said only three players thanked him for his generosity. When the IPT finally goes down the tubes, he will become the excusemeister.
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Hi Jay,

KT said that ONLY three (3) players thanked him for putting on a great tournament (IT WAS GREAT, NO DOUBT).

Knowing pool players, I can say that MOST must have thanked for putting the big $$$ into the tournament. Is he trying to be dramatic about the story or is it the white lies that he is accustomed to?

John
 
thebestpoolroom said:
Hi Jay,

KT said that ONLY three (3) players thanked him for putting on a great tournament (IT WAS GREAT, NO DOUBT).

Knowing pool players, I can say that MOST must have thanked for putting the big $$$ into the tournament. Is he trying to be dramatic about the story or is it the white lies that he is accustomed to?

John
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John,

I'm convinced this guy wouldn't know the truth if it hit him between the eyes.
 
jay helfert said:
John,

I'm convinced this guy wouldn't know the truth if it hit him between the eyes.
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Hi Jay,

It's kinda funny that he would say that because I was at the KOTH tournament in Orlando and witnessed two players thanking him for putting on a great tournament. Did anyone else who were at the tournament witness players thanking him for the tournament and what he has done for pool? If so, please respond.

John
 
thebestpoolroom said:
Hi Jay,

It's kinda funny that he would say that because I was at the KOTH tournament in Orlando and witnessed two players thanking him for putting on a great tournament. Did anyone else who were at the tournament witness players thanking him for the tournament and what he has done for pool? If so, please respond.

John
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Yes, as posted in another thread, Mike and I have thanked him, Deno and his staff numerous times for putting on a great tournament....as I am sure many others have too.
 
It appears that K*&T was , once again, confused.....50 probably thanked him while 3 might have asked for loans.....
 
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