jasper said:
Dreams do die hard, Linda. Based on other posts, I would never have called you "gullible", but one phone call from an Officer in the Company (IPT), and you think it's all OK?
Deno is somewhere between just another of KTs lackeys, and his #1 Lieutenant. He is literally being paid to deceive right now. Whether that was his job from the beginning will probably be debated ad nauseum during the next several weeks, but either way that is certainly his job now.
The entire IPT organization, including Deno, has lost all credibility. As RIBDONER previously posted, any REAL business would be telling the truth right now. And probably tripping over themselves as they would stay in constant contact with Partners, Players, Media, etc.
Alas, that is not the case. Over and above the untruths that have been running out KTs mouth like diarrhea, there is nothing new except crypted announcements regarding the next announcement.
So the FACTS make it clear - the IPT is done. It could have been great, but KT's scandulous nature took him down the wrong path.
Set aside Deno's lip service for a moment, and try to look at it logically with no emotion:
- Players have not been payed. Period. 35++ days.
- Tournaments have been cancelled.
- Employees are being laid off.
- The Founder lied about Reno payments, and has been stalling ever since.
- Other Creditors have not been paid.
- The Founder has not made a single PUBLIC announcement since Reno.
- There is NO REFERENCE to the Stanley Ho deal, outside of KT's own claim.
Do I believe there is even a 1% chance that a savvy investor like Stanley Ho would purchase a failed company? A company whose business model does not provide sufficient revenue to cover Operating Expenses, let alone turn a profit?
-von
