Success Announcement!

[watchez]

I don't see how this is any different from the past 40 days (just in case anyone lost count). Same news, different day. Negotiations are being finalized & the players will be paid. Linda, unfortunately, is just happy that she got an email. Tell Efren to take the email to a loan company & see if he can borrow against his future earnings. Take a video camera too so I can watch them laugh him out of their office. Especially when they see who signed the email.

 

[Bigbro66]

I totally agree that the "pop the champagne cork" is insulting and disrespectful.

It's like a bank sending you a congratulatory box of choccies when you make your mortage repayment each month!

The fact is that this letter proves that Trudeau lied earlier on with the 'problem with the cheques being in the wrong place" rubbish. If he had said right after Reno that he didn't have money to pay the players but was working on resolving that, that would have been more honourable.

Bottom line is this letter is another string a long.

 

[jay helfert]

Dear IPT Player,

You can pop the champagne! I am pleased to announce that we have
successfully concluded our negotiations relating to the funding of the IPT.
The final documents are being finalized at this very moment. We will be
signing on Monday. This means that player checks for the World Open will be
issued within seven-to-ten days or sooner! Thank you again for your patience
and understanding during this business transaction.

The Ho Interactive acquisition negotiations and documents should be
finalized by the end of next week. A formal announcement will be made upon
conclusion of the transaction. We anticipate announcing shortly additional
major sponsors for the 2007 season as well as additional broadcasting
contracts with major television companies in several international markets.
I will update you again on Monday with more definitive news! We are here to
stay and continue to go forward building the largest international pool
organization the world has ever seen. Many more good-news surprises are on
the horizon. Have a great weekend.

Very truly yours,

Kevin Trudeau, Founder
International Pool Tour

Wait a second. Wait one big second. In the first paragraph he says negotiations are concluded, documents are being finalized and they will be signing on Monday. And in the second paragraph he says the negotiations and documents should be finalized by the end of next week.

My God, he has contradicted himself in the space of two paragraphs. This guy must be on drugs. If he's making it up as he goes along, it couldn't be any worse. And the rest is all pure hype that is reminiscent of all his other trash talk. If it sounds to good to be true, it probably is.

If he doesn't pay now, he deserves to be tarred and feathered. And then hauled ass first into court.

 

[Colin Colenso]

I don't see how this is any different from the past 40 days (just in case anyone lost count). Same news, different day.

Watchez, you're clearly not alone in having this opinion.

I know all you guys just want this situation cleared up asap, as we all do.

There is a kind of divide forming between those who tend to see every remark by KT as an outright lie or a manipulation of words, which are designed as a kind of master plan to avoid prosecution and there are those of us that think he just may be working quite hard to sort things out so the IPT can move forward, and that in essence, what he is saying is basically true.

We do need more information and yes, this has been one major kerfuffle.

For the sake of the IPT's future, it will need to soon start making some very clear declarations about payment times, future payment guarantees, event times and 2007 plans.

I'm not asking that my fellow pool supporters eat crow here, but that they at least exercise some reasonable doubt on both sides of the fence.

We've seen some comments that speculate that the whole Ho deal is a fabrication, and that Chicago is a no go and so on. There has developed a peer group pressure here in which arguing against such speculations puts one at risk of being seen as a blind and naive sheep.

But if anything, I think it is the negative speculations here that have drifted toward the twighlight zone in recent days.

People are understandably confused and confusion leads to anger and irrationality. I hope the posters and readers here can remain patient and objective such that this forum doesn't develop into a Lord of the Flies scenario.

I know gamblers who believe they are the wisest punters in the world. When they win (get it right) this confirms and strengthens their self belief. When they lose, well it was the wet track, or the race was fixed or they were just unbelievably unlucky to lose by a nose.

In the same way, some speculating here are not likely to ever admit they were making poorly informed or wild speculations. In fact, they'll probably continue on with such speculating for years as the mad gamblers do.

All of us here are speculators to a degree. It might be wise for us all to exercise a little care with our predictions of doom, gloom or rosy success, or our examinations into the character or intentions of KT and Deno.

The world is not black and white.

Colin

 

[jay helfert]

Watchez, you're clearly not alone in having this opinion.

I know all you guys just want this situation cleared up asap, as we all do.

There is a kind of divide forming between those who tend to see every remark by KT as an outright lie or a manipulation of words, which are designed as a kind of master plan to avoid prosecution and there are those of us that think he just may be working quite hard to sort things out so the IPT can move forward, and that in essence, what he is saying is basically true.

We do need more information and yes, this has been one major kerfuffle.

For the sake of the IPT's future, it will need to soon start making some very clear declarations about payment times, future payment guarantees, event times and 2007 plans.

I'm not asking that my fellow pool supporters eat crow here, but that they at least exercise some reasonable doubt on both sides of the fence.

We've seen some comments that speculate that the whole Ho deal is a fabrication, and that Chicago is a no go and so on. There has developed a peer group pressure here in which arguing against such speculations puts one at risk of being seen as a blind and naive sheep.

But if anything, I think it is the negative speculations here that have drifted toward the twighlight zone in recent days.

People are understandably confused and confusion leads to anger and irrationality. I hope the posters and readers here can remain patient and objective such that this forum doesn't develop into a Lord of the Rings scenario.

I know gamblers who believe they are the wisest punters in the world. When they win (get it right) this confirms and strengthens their self belief. When they lose, well it was the wet track, or the race was fixed or they were just unbelievably unlucky to lose by a nose.

In the same way, some speculating here are not likely to ever admit they were making poorly informed or wild speculations. In fact, they'll probably continue on with such speculating for years as the mad gamblers do.

All of us here are speculators to a degree. It might be wise for us all to exercise a little care with our predictions of doom, gloom or rosy success, or our examinations into the character or intentions of KT and Deno.

The world is not black and white.

Colin

Thank you Colin for your reasoned approach. Unfortunately we are dealing with one fact that EVERYONE can agree on. The World Open prize money is six weeks overdue. And it is owed to the players by a man who got on a pulpit and loudly proclaimed that such a thing would never happen.

Can we all agree on these facts? That being the case, why should any reasonable person believe anything that this man says today? Please answer that question for me if you can.

There is an old saying that is so appropos to this situation. Fool me once, shame on you. Fool me twice, shame on me.

 

[abbassi]

Colin

I am just wondering if You and all the others got mail from KT, or was it just Linda?

 

[Colin Colenso]

Wait a second. Wait one big second. In the first paragraph he says negotiations are concluded, documents are being finalized and they will be signing on Monday. And in the second paragraph he says the negotiations and documents should be finalized by the end of next week.

My God, he has contradicted himself in the space of two paragraphs. This guy must be on drugs. If he's making it up as he goes along, it couldn't be any worse. And the rest is all pure hype that is reminiscent of all his other trash talk. If it sounds to good to be true, it probably is.

If he doesn't pay now, he deserves to be tarred and feathered. And then hauled ass first into court.

Jay,
I don't think this is necessarily a contradiction, though it may appear so in an etymological sense concerning the use of the word concluded.

In contracts that I have been involved with, there are usually stages of agreement which are followed up with refinement of the exact conditions, times of payments etc. Dotting the i's and crossing the t's so to say.

Yes, we want to know that a final contract has been signed and publicly announced in detail, but it would appear to be a positive and near certain announcement.

Colin

 

[Colin Colenso]

I am just wondering if You and all the others got mail from KT, or was it just Linda?

All players received the exact same email that Linda posted here. It came with the subject line "Success".

Colin

 

[Da Poet]

All of us here are speculators to a degree. It might be wise for us all to exercise a little care with our predictions of doom, gloom or rosy success, or our examinations into the character or intentions of KT and Deno.

The world is not black and white.

Colin

I was with you right up until the "Lord of the Rings" reference. I take it you meant "Lord of the Flies" in which case we may be giving away our ages?

Seriously, nice post. The truth is there is only one person in the world who knows what's going on with this Reno money and until it get's sent out, that's the way it's going to stay.

 

[Colin Colenso]

Thank you Colin for your reasoned approach. Unfortunately we are dealing with one fact that EVERYONE can agree on. The World Open prize money is six weeks overdue. And it is owed to the players by a man who got on a pulpit and loudly proclaimed that such a thing would never happen.

Can we all agree on these facts? That being the case, why should any reasonable person believe anything that this man says today? Please answer that question for me if you can.

There is an old saying that is so appropos to this situation. Fool me once, shame on you. Fool me twice, shame on me.

Jay,
I don't think anyone will defend that this overdue payment is in anyway reasonable, and it represents a failure of organization that damages the credibility of the IPT's management.

Certainly, people will not take every word on faith anymore.

When the boy cried wolf, as the story goes, it did not mean that all future calls of wolf were untrue.

There are strong incentives for people to be honest in business. This broken payment promise shows the damage that can be done when promises aren't kept.

If KT would benefit by the IPT's success, moreso than by its liquidation, which I believe is still the case, then he'll do himself no favors by going down the road of further broken promises.

So for that reason, I tend to believe there is validity behind the few points he has been announcing.

And certainly, players and followers ought to exercise vigilant analysis and request clarification of the details of all future promises. That adds to the costs of the IPT in future development, but that is the cost of losing credibility in business. It will be a hard climb back.

Colin

 

[abbassi]

Just a feeling

All players received the exact same email that Linda posted here. It came with the subject line "Success".

Colin

I have a feeling that you will get paid. There are just too many people involved in this. It does not make for good buisness for KT not to fulfill his duties. He has too much at stake in his other buisnesses to let $3M ruin it. Patience is really the avenue along with a back-up plan.
Players should be getting together via email or meetings and setting up some sort of adisory council for this and future events.
Good Luck

 

[Colin Colenso]

I was with you right up until the "Lord of the Rings" reference. I take it you meant "Lord of the Flies" in which case we may be giving away our ages?

Seriously, nice post. The truth is there is only one person in the world who knows what's going on with this Reno money and until it get's sent out, that's the way it's going to stay.

oops...I wondered why it sounded strange when I wrote it

And true, we may never know what really happenned. Historians are always speculating and argueing about the going ons and motivations behind the events of history.

Colin

 

[Ruthless]

Colin - Good post.

(If you read what you orig posted it did say "Lord of the Flies"...in Jay's quote it says "Lord of the rings", your text was changed in between )

 

[Colin Colenso]

Colin - Good post.

(If you read what you orig posted it did say "Lord of the Flies"...in Jay's quote it says "Lord of the rings", your text was changed in between )

Yes, I changed it after being allerted to my error...now keep quiet lest everyone learn of my stupidity
Colin

 

[jay helfert]

Jay,
I don't think anyone will defend that this overdue payment is in anyway reasonable, and it represents a failure of organization that damages the credibility of the IPT's management.

Certainly, people will not take every word on faith anymore.

When the boy cried wolf, as the story goes, it did not mean that all future calls of wolf were untrue.

There are strong incentives for people to be honest in business. This broken payment promise shows the damage that can be done when promises aren't kept.

If KT would benefit by the IPT's success, moreso than by its liquidation, which I believe is still the case, then he'll do himself no favors by going down the road of further broken promises.

So for that reason, I tend to believe there is validity behind the few points he has been announcing.

And certainly, players and followers ought to exercise vigilant analysis and request clarification of the details of all future promises. That adds to the costs of the IPT in future development, but that is the cost of losing credibility in business. It will be a hard climb back.

Colin

Colin,

Once again, you are a very reasonable man, and have a vested interest in the success of the IPT. I do not. If I never get another dime from the IPT, I will be just fine. But will I give them the benefit of the doubt, based on my experience of this organization. Absolutely not!

They have proven to me, that they cannot and should not be trusted in any way, shape or form. And that goes for all employees and management of the IPT. If you choose to do so, that is your option. I am pretty much done warning players about the risks associated with IPT membership.

They may proceed at their own peril.

 

[jay helfert]

Colin - Good post.

(If you read what you orig posted it did say "Lord of the Flies"...in Jay's quote it says "Lord of the rings", your text was changed in between )

Is there another Jay here? I made no reference to the "Lord of the Rings" in any quote.

 

[Colin Colenso]

Colin,

Once again, you are a very reasonable man, and have a vested interest in the success of the IPT. I do not. If I never get another dime from the IPT, I will be just fine. But will I give them the benefit of the doubt, based on my experience of this organization. Absolutely not!

They have proven to me, that they cannot and should not be trusted in any way, shape or form. And that goes for all employees and management of the IPT. If you choose to do so, that is your option. I am pretty much done warning players about the risks associated with IPT membership.

They may proceed at their own discretion.

Yes Jay,
I have a vested interest which would prevent me from being the harbinger of doubts and critical speculations. So it is important that a forum such as this has people that can offer unrestrained analysis.

Of course, should I be quite sure that a scam was underway, it would be my duty shine light upon it.

All I request on this forum is a little more acceptance for variance in opinion, and more effort from posters to specify what is fact from what is speculation. So that if one believes the IPT is rotten to the core, the readers should demand a clear explanation as to why, and the same for a contrary opinion.

It is a very sensitive and important issue that needs intelligent analysis from people like yourself and rg. What it doesn't need is a lynch mob histeria with thumping of drums, which I fear it risks becoming.

There will and needs to be differing opinions here. Some will turn out right and some wrong, and some will just sit on the fence observing the reasoning set forth. The forum would benefit from that reasoning being as fair and intelligent as possible, else it risks losing those who have the most to contribute.

Colin

 

[Colin Colenso]

Is there another Jay here? I made no reference to the "Lord of the Rings" in any quote.

Ruthless mistakingly attributed the repsonse to you, but it actually came from Da Poet.

 

[Marvel]

Wait a second. Wait one big second. In the first paragraph he says negotiations are concluded, documents are being finalized and they will be signing on Monday. And in the second paragraph he says the negotiations and documents should be finalized by the end of next week.

My God, he has contradicted himself in the space of two paragraphs. This guy must be on drugs. If he's making it up as he goes along, it couldn't be any worse. And the rest is all pure hype that is reminiscent of all his other trash talk. If it sounds to good to be true, it probably is.

If he doesn't pay now, he deserves to be tarred and feathered. And then hauled ass first into court.

Jay,

In the first paragraph, KT doesn't say anything about the Ho deal.

How I understood this, is that there might be another deal being made this weekend, which already secures the funds for the IPT.

About the Ho deal, he speaks in the second paragraph..


He might have more than one rod in the waters, which is quite obvious actually..

 

[jjinfla]

Geez, I don't believe you people stayed up all night beating this topic to death.

Give it a rest already. Go play some pool. You people do play pool, don't you?

The really funny part is that all the people writing, and threatening lawsuits, have not been harmed by KT or the IPT, so they can't even go forward with a lawsuit no matter how much money they have. I am surprised that your attorneys have not told you that. Maybe they just want some of your money.

Jake