Trudeau Interview on Billiards Digest website

PoolSharkAllen said:
I think it is implicit that some or all of the proceeds from the IPO will be used by the IPT. However, this now raises the question as to what kind of business (gambling, pool, gaming) the IPO will be financing?
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We are,according to KT's own Reno speech (which is now wiped from the IPT website),talking about The London Stock Exchange.

Any prospectus for any company which is about to be floated,irrespective of the nature of its business,would be lucky to have any value as toilet paper in the London Stock Exchange,if it was evident that Kevin Trudeau played any part in originating any of the forecasts and projections it contained.
 
av84fun said:
KT said....<<Do you know how many players came up to me asking for a loan? Almost 50. I was a little ticked off at that.>>

Yeah and they probably said they would put up their promised prize money as collateral and THAT is what pissed Trudeau off!!!

(-:
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You know, the more I think about what he said here, the more I just can't buy that only 3 players thanked him. Now, don't get me wrong. Some pool players are definitely bottom feeders but, hey, some people in every industry are. There's just no way in hell that only 3 players had the decency to say "thanks". No chance! Now he's painting a picture of a bunch of ingrates who don't deserve the money he owes them anyway. What a jackass. I'm so happy that I never put any money into trying to qualify for any of his tournaments. I almost did ... numerous times. Every time I would start to think, "hey, I better get out and do this", my wife would bring me back to the reality that we didn't know if this tour would even be around for a full year. I'd be really sick right now if I overcame the odds of not being one of the favorites to win one of the qualifiers to begin with, made it into the Reno tournament, didn't get paid, then basically got called ungrateful when I wanted my money! Maybe we'll all get lucky and this guy will choke on his champagne cork (after the players are paid, of course ;)).
 
Ruthless said:
Clinton couldn't even pack this much BS & as many twists into this many lines............................................ What would have happened if those checks had arrived (if they really existed at all)? .....................:mad: :(
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Now that you mention it I do see a similarity there. Maybe they should team up.
 
Roadie said:
Why would people (players) who were expecting checks in the amounts of $5000 and up at the end of the event need to ask for loans during the event. The statement he made is either wholly untrue or vastly exxagerated. There is no way that a quarter of the field is going to bite the founder for a "loan" when they think they are getting paid.
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They most likely had a run of bad luck at the tables, pool & crap, and were just asking for an "advance". Sorta like going to the pawn shop.
 
Everybody seems to agree that everything KT says is nothing but a bunch of lies, lies, and more lies.

Yet they still argue what comes out of KT's mouth.

What's the point? It's all a lie.

When he didn't pay Reno it should have been obvious to everyone that the game is over. No point in debating to death anything else until the money for Reno comes in.

If he pays the players for Reno then worry about Chicago.

Hell, who wants to go to Chicago in late November anyway. It will be below 20° with high winds and ice on the streets.

Besides, after reading all these suttle threats of violence to KT I doubt that he will place himself anywhere near a pool player in the near, or far, future.

Yep, the game is definately over. Just like the Monty Python movie where the undertaker is calling out, "bring out your dead" and a guy is bringing out a man who is saying, "I'm not dead", and the guy says, "You will be soon".

That is the IPT. Almost DRT.

Jake
 
wow, good questions by the interviewer, well prepared.

Have to agree the more he speaks the more the bubble bursts. Players that took the qualifier gamble did so on the basis that:

a) KT had personally guaranteed the first few years prize money himself, and

b) The 100k Guaranteed income for next year.

I don't see how any player in their right mind can believe either of there two claims anymore.

As for insulting the players and claiming only 3 thanked him, well I know thats a lie and i wasn't even their! The players don't have much choice but to be loyal to him in public at least at the moment as they're owed so much. For him to have a go at them is business suicide.

amazing...
 
TheOne said:
wow, good questions by the interviewer, well prepared.

Have to agree the more he speaks the more the bubble bursts.

....For him to have a go at them is business suicide.

amazing...
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When the bubble finally breaks, be prepared for an avalanche of player commentary. We'll see how fast the people who claim "the players aren't complaining" high-tail it for the hills. I expect to hear a roaring silence from the Pollyannas in a few short days.
 
jay helfert said:
What difference does it make to you? I bet you can't make two balls in a row anyway.
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Probably 95% or more that are posting about the IPT have no vested interest in it and probably couldn't win a Q to get on it. That said...I agree KT is a con man. Johnnyt
 
jay helfert said:
No no Jim, this is a new kind of escrow. It's called a TruEscrow. You may not have heard of this one before.
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Jay, didn't you mean True Crow?
 
Johnnyt said:
Probably 95% or more that are posting about the IPT have no vested interest in it and probably couldn't win a Q to get on it. That said...I agree KT is a con man. Johnnyt
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You could sya that about Golf, Football or any sport. It wouldn't stop the fans debating it to death and having their say.

Shit most of the Manchester United fans wanted to kill Malcolm Glazier when he was buying "their" club. I wonder how many of those fans could actually play for ManChester United? it didn't stop many of them forming their own club and starting in the lowest division. The club has recieved major backing and is storming up the league promoted in its first year. i wonder if they'll ever make the top flight and play their namesake?
 
Thank you very very much BilliardsDigest!!!

Great interview!!! Wish you had put in some more difficult questions, but it's a start!

Finally some action from the billiardpress.

This interview will be posted and forwarded to "everyone" in the poolworld. Unfortunately it doesn't put Kevin Trudeau in a good position...
 
if this current cheque stumbling block is just that, a stumbling block, and the IPT continues over the next few years and makes some progress, i think it's a sacrifice worth putting up with.
 
worriedbeef said:
if this current cheque stumbling block is just that, a stumbling block, and the IPT continues over the next few years and makes some progress, i think it's a sacrifice worth putting up with.
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If wishes were horses then beggars would ride.
If horses had wishes then riders would beg.
 
Fleece3 said:
I agree!!! let go back to the UPA. 12k for first place....$500 for 5th..Aw the good ole days
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At least they did get paid!!!!! 100% of 12k is more than 0% of any amount!
Steve
 
pooltchr said:
At least they did get paid!!!!! 100% of 12k is more than 0% of any amount!
Steve
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Let me reply for Fleecer:

BUT KT GAVE AWAY OVER TWO MILLION DOLLARS.....

**start mournful Grand Canyon echo here**
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
TWO MILLION DOLLARS.....
 
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