The REAL story on Pokershare/UB

[uncleshady]

This is the part the kids simply refuse to understand...

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For example, if you "owned" 2% of Pokershare, and Pokershare sold their operation for $10 million, you would receive $200,000. However, under the Pokershare "player ownership" model, you would receive nothing. This was simple profit-sharing, not ownership.

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Thanks for spelling it out again, Dan.

[goodguy_1]

my check from PokerShare just arrived via Fedex...good to see.

[scrapperdog]

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The reason that they are closing ONLY North American accounts is because of the Securities and Exchange Commission of the United States of America. Poker Share is proposing to give each player some shares of the company named "PokerShare.Com" and each player would share in the profits of this company named "PokerShare.Com". The problem with this is that the United States Government, with its Securities and Exchange Commission, and the other countries that make up the continent of North America (Canada, Mexico, Greenland, Bermuda and the French islands of St-Pierre et Miquelon) have certain standards that a company or corporation must meet if these companies and corporations want to sell or give away shares of their corporate stock. I'm convinced that PokerShare.Com does not meet these strict standards and therefore must not give away or sell shares of PokerShare.Com's corporate stock to residents of North America and particularly residents of the United States of Amercia. There are many people in American prisons today that have tried to do the same thing that PokerShare.Com is trying to do. PokerShare.Com may succeed with their proposal in other countries but they'll never do it in the United States of Amercia.....Most civilized countries have laws against the devious tricks that UltimateBet.Com and PokerShare.Com were trying to use for underhanded purposes to cheat people. UltimateBet.Com's lawyers read the contract that they had with PokerShare.Com and knew exactly what they were doing when they went into this agreement with PokerShare.Com. These two companies are among the world's lowest forms of life and calling them "SLEAZY" would be an expression of esteem, respect and affection!

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Save this for the 12 year olds that might believe it... the rest of us know better. If this was an issue it would be investigated before the site went live, not suddenly become an issue when UB realized it is losing customers. What about the loss of rakeback before they killed the site.. was that a SEC voilation too? Druff is correct in his analysis of what happened here.

My father and I both just received our checks from Pokershare. Also interesting, his was less than $500, but they sent it FedEx anyway.

[StellarWind]

[ QUOTE ]
My father and I both just received our checks from Pokershare. Also interesting, his was less than $500, but they sent it FedEx anyway.

[/ QUOTE ]
They changed the FedEx standard to >= $50.

[ QUOTE ]
[ QUOTE ]
The reason that they are closing ONLY North American accounts is because of the Securities and Exchange Commission of the United States of America. Poker Share is proposing to give each player some shares of the company named "PokerShare.Com" and each player would share in the profits of this company named "PokerShare.Com". The problem with this is that the United States Government, with its Securities and Exchange Commission, and the other countries that make up the continent of North America (Canada, Mexico, Greenland, Bermuda and the French islands of St-Pierre et Miquelon) have certain standards that a company or corporation must meet if these companies and corporations want to sell or give away shares of their corporate stock. I'm convinced that PokerShare.Com does not meet these strict standards and therefore must not give away or sell shares of PokerShare.Com's corporate stock to residents of North America and particularly residents of the United States of Amercia. There are many people in American prisons today that have tried to do the same thing that PokerShare.Com is trying to do. PokerShare.Com may succeed with their proposal in other countries but they'll never do it in the United States of Amercia.....Most civilized countries have laws against the devious tricks that UltimateBet.Com and PokerShare.Com were trying to use for underhanded purposes to cheat people. UltimateBet.Com's lawyers read the contract that they had with PokerShare.Com and knew exactly what they were doing when they went into this agreement with PokerShare.Com. These two companies are among the world's lowest forms of life and calling them "SLEAZY" would be an expression of esteem, respect and affection!

[/ QUOTE ]

Save this for the 12 year olds that might believe it... the rest of us know better. If this was an issue it would be investigated before the site went live, not suddenly become an issue when UB realized it is losing customers. What about the loss of rakeback before they killed the site.. was that a SEC voilation too? Druff is correct in his analysis of what happened here.

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I see that you have absolutely NOTHING to add to the conversation here except for to agree with one person and disagree with another(while you waste our time telling us about what you agree with or disagree with). Don't you have anything better to say?! WOW, YOU'RE BRILLIANT!