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  #9  
Old 07-19-2007, 09:04 PM
stephenNUTS stephenNUTS is offline
Senior Member
 
Join Date: Oct 2006
Posts: 964
Default Re: PPA should disassociate itself from scandal ridden CEO Poker tour

[ QUOTE ]
Stephen,

First I did tell you that we had over 150 registries, which we did for the $500 event at the Taj. You were there, you should know, you played in those events, and were extremely happy with the turn out, as you stated to us on the first and second day.

May 19th - 258 players
May 20th - 163 players
May 21 - 138 players

Based on the numbers that we had for the first few days we estimated the rest of the days, just like any other tournament.

We did have the number we stated to you for the $500.

We are trying from our end to work with the players, you may not want to believe it and that is your choice. You played in the Venetian event because you were satisfied with the overall turn out of the Taj.


Maria
CEO POKER

[/ QUOTE ]

Maria,

Before we get into a he said/she said,I normally wouldnt have even played in your pre-lim events,as I SPECIFICALLY asked about the Main Event #s....not the $500,not the $1500,not the Sat.s.As you just stated I played in good faith in just about ALL of them,giving your new company my support,and with the exception of the first Saturdays event,the player turnout was a complete BUST.
At that time I didnt even have a hint about this being a "charity" based tournament and the juice involved,and as I have stated numerous times before,I give to charites of MY own choice,and even if they are not on my list,I think I am entitled to the right to know about the particular charity in detail(as are EVERY other participant) BEFORE I plunk down $5k,where 20% of the prize pool,of the non-existant players anyway is taken out by its officers.

I WILL find out just how much your company profited,how much YOU and WILLIAM recieved ,the amount of the check written out to the charity was,and the amount the respective casino's "charged" you for usage during the tournaments for staff/fees/etc!

I sure hope you dotted all your I's and crossed your T's,as this is NO joke.Based on your Cuba rant ,maybe this is commonplace down there,but it aint going to fly up here.
All I know is I payed the CEO Tour series at the TAJ,as well as ONE event(the $1k at the Venetian)almost $9000,of which a much smaller dollar amount entered the prize pool,than I was led to beleive

Out of curiosity,how do you plan on dealing with each persons individual charitable donation from an IRS standpoint?

My accountants were asking me that specific question today in fact,as this whole thing falls under a completly different set of laws in the IRS's eyes as charities,donations,fraud,P&L statements,etc., as when issues such as these arise,they can get quite complicated,esp. on your end!

~stephen feraca
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