My IPT Statement

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Sweet Marissa

Sweet Marissa

www.Bella-Muse.com
I'm being asked by several people for my opinion or any specifics that I might be able to disclose regarding the IPT.

Yes, Deno is a good friend of mine, but we rarely discuss business. I will say that any misshapenness are not faulted to him. He has been involved in billiards for many years and has numerous friends and connections in the industry; he would not sabotage or betray that for any person.

This is a new and unprecedented venture for the pool world, so of course there are going to be unexpected setbacks. I know everyone has questions, including why Deno hasn't been posting on the messageboard or why he hasn't acknowledged some of your inquiries, but keep in mind that as an officer of the company, he is under a legal obligation not to discuss particular facets until a specific date and time.

Remember that most of have been hopeful in seeing this endeavour a success from the beginning, and I don't yet see it as a failure.
 
Sweet Marissa said:
Yes, Deno is a good friend of mine, but we rarely discuss business. I will say that any misshapenness are not faulted to him. He has been involved in billiards for many years and has numerous friends and connections in the industry; he would not sabotage or betray that for any person.

This is a new and unprecedented venture for the pool world, so of course there are going to be unexpected setbacks. I know everyone has questions, including why Deno hasn't been posting on the messageboard or why he hasn't acknowledged some of your inquiries, but keep in mind that as an officer of the company, he is under a legal obligation not to discuss particular facets until a specific date and time.
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He had a legal obligation to not let the players playing Reno know there is no money for the prize payout? Huh?

What it comes down to is this. He had and has the opportunity to step down at any moment if he felt things were not being run correctly. Right now, Kevin Trudeau is collecting qualifier entry fees that should be applied to IPT 2007. What guarantees do we have that money will be applied to the 2007 season? None.

IF it turns out that the IPT folds before another tournament is played, then a lot of people will look at all qualifier money since Reno as stolen, unless Kevin pays back all that money, which I am almost SURE he won't do. And when he doesn't, Deno's name will be Mudd.

That's just the way it is. Deno is associating himself with someone who very well may be stealing money from the players right now. As long as Kevin says "I had every intention of holding tourneys in 2007, the business just failed!", noone will be able to prove it in a court of law. Kevin would never be stupid enough to email anyone anything that might even HINT that he thinks 2007 won't go off.

The "legal obligation to remain silent" slant is not going to get it around here. First of all, there IS no legal obligation to remain silent. He can say whatever he wants. He might get fired, but that's about it. If he chooses to totally disrespect the billiard community (which I believe he has) in order to keep a job, then he is making his bed, and will eventually lay in it.

Russ
 
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Russ Chewning said:
IF it turns out that the IPT folds before another tournament is played, then a lot of people will look at all qualifier money since Reno as stolen
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Actually you could look at all qualifiers for 2007 before or since Reno as fraudulent if you can PROVE that KT knew the business was going to fold before 2007 even started.

Russ Chewning said:
As long as Kevin says "I had every intention of holding tourneys in 2007, the business just failed!", no one will be able to prove it in a court of law.
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It seems to me that this may not be the case. If this gets into court you'd expect discovery requests on all IPT documentation be made. There cannot be no trail (paper and/or electronic) at all. This trail of evidence can then be compared to the public statements KT has made. If it can be shown that his public statements (that the checks were shipped to Reno but arrived too later, that there was a deal signed with Ho, that there was a legal restriction that he couldn't pay Reno because of the Ho deal etc.) were made without a substantial factual basis, as many here have speculated, then it seems to me this will constitute some kind of fraud. Certainly taking payments online for qualifiers to 2007 events the IPT knew full well it could not afford to hold seems to me like some kind of wire fraud.

Russ Chewning said:
The "legal obligation to remain silent" slant is not going to get it around here. First of all, there IS no legal obligation to remain silent. He can say whatever he wants. He might get fired, but that's about it. If he chooses to totally disrespect the billiard community (which I believe he has) in order to keep a job, then he is making his bed, and will eventually lay in it.
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This may not be true, you have no idea the terms of his contract. He may be liable to be sued for damages by the IPT if they could demonstrate that by revealing privileged employee information against the terms of his contract he caused damage to the business. (I.E. Players not entering qualifiers, thus removing a major revenue stream for the IPT.)

Until all this in done and dusted (And maybe not even then) none of us know for sure what Deno knows, and what he may believe he can still achieve for the entire Billiards community from within the IPT.

Look at it another way - If Deno does quit the IPT at this point to protect his reputation, what chance is there left that KT on his own will do the right thing and pay out Reno?
 
Per my source at FED Ex no packages were delvd to the IPT venue in RENO from IPT offices on the MONDAY or TUESDAY after the event conclusion.

Somebody forgetting to check "sat. delivery" appears to be a figment of someone's fertile imagination.
 
ribdoner said:
Per my source at FED Ex no packages were delvd to the IPT venue in RENO from IPT offices on the MONDAY or TUESDAY after the event conclusion.

Somebody forgetting to check "sat. delivery" appears to be a figment of someone's fertile imagination.
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Per Linda, Deno admitted to her that it was a stall tactic

A week or two after Linda posted that here, KT said they were sent. :rolleyes:
 
Timberly said:
Per Linda, Deno admitted to her that it was a stall tactic

A week or two after Linda posted that here, KT said they were sent. :rolleyes:
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But seriously, we can expect them to be completely honest from here on out, right?
:rolleyes:
 
Timberly said:
Per Linda, Deno admitted to her that it was a stall tactic

A week or two after Linda posted that here, KT said they were sent. :rolleyes:
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OUCH---seems like DENO's got some splainin to do.....:rolleyes:

Most bosses don't like getting egg on their face as a result of what a subordinate said:D
 
Sweet Marissa said:
Remember that most of have been hopeful in seeing this endeavour a success from the beginning, and I don't yet see it as a failure.
Click to expand...

I for one see the ITP as potentally GOOD 4 Pool.
 
Sweet Marissa...<<he would not sabotage or betray that for any person.>>

Marissa, I admire your running to the defense of a friend but the fact is that he has already sabotaged his reputation.

You are correct...and those who disagreed with you are wrong...when you said that employees owe certain legal duties to their employers. But there is no duty to originate or repeat lies and doing so might well be illegal depending on the nature of the lies.

Just one example is the infamous Fed Ex lie...which, according to a copy/paste of a Deno e-mail...the authenticity of which I have no reason to doubt, Deno ADMITTED that the Fed Ex story was made up in order to "stall for time." Well, making up stories for ANY reason is lying...end of story...game, set and match.

Regards,
Jim
 
Aunty Dan...Excellent post and good insights. In my personal opinion, the existence of "good faith and bona fide" negotiations between the IPT and Ho Interactive is going to loom as a CRITICAL element in this whole saga.

If it turns out to be true that there were such bona fide negotiations that simply continued to unravel, the KT will have an excellent defense against any allegation of fraud. Having good reason to hope for things that don't turn out to happen is not fraud.

But there are some HUGE hurdles that KT has to surmount...for example...his statement that the financing package that would have bridged the gap between a few weeks ago and the Ho deal was FINALIZED and was to be signed the day of the announcement...or maybe the next business day.

Well, there had BETTER BE such a document and there had BETTER BE proof that whoever was on the other side of that financing deal just walked away at the last minute without warning.

I don't have the FACTS so all I have is an opinion which is that I will be FLABERGHASTED to see any proof that there ever were any serious, nearly final deals for either the mysterious interim financing or any acquisition by Ho Interactive...at any price that would have justified the stories floated by the IPT.

We'll see.

Regards,
Jim
 
av84fun said:
Sweet Marissa...<<he would not sabotage or betray that for any person.>>
Click to expand...

av84fun... Please don't do this.. Use the quote button and delete out what you don't want to quote.. Doing quotes with these arrows makes it difficult to tell what is a quote and what is your post..;)

But there is no duty to originate or repeat lies and doing so might well be illegal depending on the nature of the lies.

Regards,
Jim
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This was my general point in my response. You just summed it up much more succintly.:D We know lies have been told. Deno either originated or repeated some lies, KNOWING they were lies.

Therefore, in my opinion, his name is Mudd. I will never do business with any billiards organization that has any association with him.

Russ
 
Thanks for your insight ...

Sweet Marissa said:
I'm being asked by several people for my opinion or any specifics that I might be able to disclose regarding the IPT.

Yes, Deno is a good friend of mine, but we rarely discuss business. I will say that any misshapenness are not faulted to him. He has been involved in billiards for many years and has numerous friends and connections in the industry; he would not sabotage or betray that for any person.

This is a new and unprecedented venture for the pool world, so of course there are going to be unexpected setbacks. I know everyone has questions, including why Deno hasn't been posting on the messageboard or why he hasn't acknowledged some of your inquiries, but keep in mind that as an officer of the company, he is under a legal obligation not to discuss particular facets until a specific date and time.

Remember that most of have been hopeful in seeing this endeavour a success from the beginning, and I don't yet see it as a failure.
Click to expand...


You should start threads more often, they get lots of I-O .... <ornery lil grin> :D
 
av84fun said:
Aunty Dan...Excellent post and good insights. In my personal opinion, the existence of "good faith and bona fide" negotiations between the IPT and Ho Interactive is going to loom as a CRITICAL element in this whole saga.

If it turns out to be true that there were such bona fide negotiations that simply continued to unravel, the KT will have an excellent defense against any allegation of fraud. Having good reason to hope for things that don't turn out to happen is not fraud.

But there are some HUGE hurdles that KT has to surmount...for example...his statement that the financing package that would have bridged the gap between a few weeks ago and the Ho deal was FINALIZED and was to be signed the day of the announcement...or maybe the next business day.

Well, there had BETTER BE such a document and there had BETTER BE proof that whoever was on the other side of that financing deal just walked away at the last minute without warning.

I don't have the FACTS so all I have is an opinion which is that I will be FLABERGHASTED to see any proof that there ever were any serious, nearly final deals for either the mysterious interim financing or any acquisition by Ho Interactive...at any price that would have justified the stories floated by the IPT.

We'll see.

Regards,
Jim
Click to expand...

At this point, I believe Kevin is making his perparations to exit stage left in the least costly way he can. I am convinced he truly does think he is going to get away with all this.

He knows the players will generally go about their business as long as he keeps making promises.. He probably has a timeline set up for announcements and has already planned on how to make it all look like a failed business plan.

He figures he can get away with continuing to hold qualifiers, and will just ignore attempts to contact him for refunds. As far as I know, noone but Linda and a few select others have the ability to contact Kevin in any form whatsoever, correct? He knows foreign qualifiers will likely not be included in any class action lawsuits.

Kevin Trudeau really is a slick dude. He knows what he is currently doing borders on being illegal, but he also knows it still has to be taken to court and prosecuted, which takes moeny. That allows him to push the boundaries. Even if he does get served with papers, he will settle for probably less than 15% of the large winners winnings.

He picked the perfect crowd of victims. Pool players are generally poor. They will take a small percentage of what they have won now, rather than going for a larger percentage of what they are owed.

Imagine: He offers 10% to Efren, 25% to Rodney, and other percentages to the other big winners in return for them not participating in a lawsuit. That way, he takes away the majority of the settlement any class action lawyer would stand to make. Then, the lawyer will have to raise their percentages to compensate. That will mean people will be fighting in court over a grand, and it could all take years. 2007 qualifiers would be lucky to see a few hundred, even if they were allowed to participate in the lawsuit.

Face it. The hustlers got hustled. The players will be lucky if they collectively get a million dollars from Trudeau.



Russ
 
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Gee, the inner circle is growing. Who would have thunk that Sweet Marissa was part of it.

The CIA, FBI, White House all have leaks but nothing is coming out of the IPT. My hats off to that astute organization.

I really doubt that anyone got fired by KT. All they did was turn their hats around and go back to working for Natural Cures.

Next message is due late February. The man is a genius. I mean really, he is a genius. Mensa type.

This is all a game to him. He probably made a bet with Trump that he could start a business using a bunch of misfits and keep them at bay for 6 months. Trump probably said, oh yeah, start a pool tour. And the bet was on.

Jake
 
jjinfla said:
This is all a game to him. He probably made a bet with Trump that he could start a business using a bunch of misfits and keep them at bay for 6 months. Trump probably said, oh yeah, start a pool tour. And the bet was on.

Jake
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And they are betting $1.00, right? A la Trading Places?

Russ
 
Poor Marissa

I hope this doesn't blow up in your face too much, many people have felt they are/were a close friend of deno's then the moster woke.........I hope this is not a case for you too............I didn't know chi has that kind of effect.....I guess like a drug.......
 
goget'um said:
I hope this doesn't blow up in your face too much, many people have felt they are/were a close friend of deno's then the moster woke.........I hope this is not a case for you too............I didn't know chi has that kind of effect.....I guess like a drug.......
Click to expand...

Worm says: "English only at the table! If you want me to deal these cards, you're gonna quit speaking that ****ing sputnik!"

Russ
 
don't bet on it. This will all sound freakish different to you in the next 48 hours I believe. What do I know, with my sputnik
 
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