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and so

DaveK said:
If I may add a comment, during the early part of this saga there were few if any official announcements (the 'in writing' kind) on the activities or lack thereof. It was only after some time, gyrations, and a fair bit of criticism that the flow of announcements from KT started. At least that is how it seemed to me, though I have not gone back through the AZ records to confirm this.

Dave

maybe they (IPT) are reading AZB posts; or more likely, it's because of all the personal e-mails be sent to KT....
 
DaveK said:
If I may add a comment, during the early part of this saga there were few if any official announcements (the 'in writing' kind) on the activities or lack thereof. It was only after some time, gyrations, and a fair bit of criticism that the flow of announcements from KT started. At least that is how it seemed to me, though I have not gone back through the AZ records to confirm this.

Dave
I don't remember exactly how many days but it was somewhere right around the 30 day mark give or take a couple of days, when they finally spoke up. Granted, it said nothing of when the players would get paid. It simply said they will be paid when the deal went through.


wahcheck said:
maybe they (IPT) are reading AZB posts; or more likely, it's because of all the personal e-mails be sent to KT....
Deno reads every thread in the IPT forum. Before he figured out he could sign in under invisible mode, you could see him on here often and always reading the IPT threads... every once in awhile he would venture over to the for sale area.
 
Well I really hope that everything KT said was actually true, but keep in mind this is coming from KT which means we'll have to see it to believe it, we certainly can't take his word for it. When/If the players get paid I will be so happy to just put this whole situation behind us, I remember when this part of the forum had so much hope and positive things to say about the IPT and pool in general, things have obviously changed since the whole non-payment issue began.
 
jasper...<<Now why would anyone want to be proven wrong!
Thats just silly.>>

HUH???? No one except the clinically delusional actually thinks he/she is going to win a lottery against 13 million to 1 odds. What they think is that they are NOT going to win BUT THEY HOPE TO BE PROVEN WRONG.

Nothing at all silly...except your post.
Regards,
Jim
 
sniper said:
Well I really hope that everything KT said was actually true, but keep in mind this is coming from KT which means we'll have to see it to believe it, we certainly can't take his word for it. When/If the players get paid I will be so happy to just put this whole situation behind us, I remember when this part of the forum had so much hope and positive things to say about the IPT and pool in general, things have obviously changed since the whole non-payment issue began.


KT is franticly working on 'funding' as we speak....
Doug
( and I hope noone catches him )
 
Smorgass Bored said:
KT is franticly working on 'funding' as we speak....
Doug
( and I hope noone catches him )


/me checks out your newest avatar.......

LMAO!:D

I'm glad I haven't left the house today;)
 
DaveK said:
Hey Jake, you should read the John Grisham book King of Torts, it deals with some of the bizarre world of class action suits. I know it's fiction and not a law textbook, but it is based on real (US) law I believe. I couldn't put it down, but got so annoyed at the whole scenario near the end that I could not finish it either ... a rare occurance for me. In the case of class action suits (pun not intended) the lawyers are often paid as a percentage of the settlements won by the people named in the class. Read the book, then you'll understand the joke is on you again.

Dave, now into colour-coded snide comments :)


Dave, About 5-6 weeks ago my wife read that book and gave it to me. I forgot about it until you mentioned it so I picked it up and read it. Pretty interesting. How far did you get? The best part was at the end. But pretty predictible. No one won.

In the book the only winner in a class action suit is the lawyer. 30-50% of everyone's winnings.

Also keep in mind that two things must happen before a lawyer will tackle a class action suit, or any suit for the most part. There has to be damages, and they have to be able prove the defendant caused them and there have to be big pockets. There is no point in winning a decision if the company does not have any money.

Also keep in mind that bankruptcy trumps everything.

I missed the part about the joke being on me. Please explain.

Jake
 
jjinfla said:
Dave, About 5-6 weeks ago my wife read that book and gave it to me. I forgot about it until you mentioned it so I picked it up and read it. Pretty interesting. How far did you get? The best part was at the end. But pretty predictible. No one won.

In the book the only winner in a class action suit is the lawyer. 30-50% of everyone's winnings.

Also keep in mind that two things must happen before a lawyer will tackle a class action suit, or any suit for the most part. There has to be damages, and they have to be able prove the defendant caused them and there have to be big pockets. There is no point in winning a decision if the company does not have any money.

Also keep in mind that bankruptcy trumps everything.

Yep. In the book I got the impression that going after companies that have the ability to pay large settlements is paramount. Like you say, no sense in suing an entity that cannot pay.

I got about 80% of the way through, and by that time I hated pretty much all of the charactors and did not want to read any more about greedy slime-ball lawyers. I haven't had that problem with any of the other Grisham books I have read (7 or 8). Generally speaking I like lawyers ... um, did I say that out loud ?

jjinfla said:
I missed the part about the joke being on me. Please explain.

Jake

You laughed at the people posting about initiating a law suit against the IPT saying that they were not a damaged party and therefore could not sue. I'm thinking this refered to RG and JH. Anyway, the impression I got was that they were organizing/initiating/investigating a class action suit, which is well within their rights. You said they can't sue and laughed at them as a result. They can absolutely encourage a class action suit, which makes your comments a bit laughable. See ? It's not so funny when you have to explain the joke.

Dave
 
A Baby Seal Walks Into A Club.....

Dave K sed:
See ? It's not so funny when you have to explain the joke.

Do as I do,"jes tell em, dont splain em."
Doug
( I quit explaining jokes when my grandmother passed away )
 
DaveK said:
Yep. In the book I got the impression that going after companies that have the ability to pay large settlements is paramount. Like you say, no sense in suing an entity that cannot pay.

I got about 80% of the way through, and by that time I hated pretty much all of the charactors and did not want to read any more about greedy slime-ball lawyers. I haven't had that problem with any of the other Grisham books I have read (7 or 8). Generally speaking I like lawyers ... um, did I say that out loud ?



You laughed at the people posting about initiating a law suit against the IPT saying that they were not a damaged party and therefore could not sue. I'm thinking this refered to RG and JH. Anyway, the impression I got was that they were organizing/initiating/investigating a class action suit, which is well within their rights. You said they can't sue and laughed at them as a result. They can absolutely encourage a class action suit, which makes your comments a bit laughable. See ? It's not so funny when you have to explain the joke.

Dave

Well yes R & J can assist in convincing an injured party to take legal action but if the injured party does not want to take legal action then R & J can not do anything. Same thing with an attorney. He can inform all of the parties involved and if they sign with him then he can go forward, but if they do not sign on the dotted line then even an attorney can not do anything. The attorney gets his fee from the plaintiff not the defendant.

It all depends on how the IPT was set up. If there is no money, and there are no deep pockets, then in all likelyhood no attorney would bother to take the case. He would most likely refer the person to the State's Attorney if he thought there was a crime. Which state? I don't know? I have no idea if any crime was committed anyway. It is looking more and more like a failed business venture. Especially when you consider that the founder didn't make any money on the deal and in fact he is the biggest loser.

It may not be nice or very professional to keep people in the dark but it sure is not a crime.

Neither is lying. Unless it is to an FBI agent. Did you know that it is a crime to lie to an FBI agent?

Has anybody actually bothered to talk with a State's Attorney to find out if a crime has been committed? Afterall, it has been 44 days. Surely one of the 200 players has taken that little step by now.

Jake
 
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