Russ Boyd $50K HORSE entrant

[frommagio]

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Hi, Myrtle.

I edited out (only) the link in your quote as it was distorting the width of all the posts, for some reason. (The link is fine in Uglyowl's post if readers want to follow it.)

I tried to pm you, but your mailbox is full.

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Hey Mike - I notice that 2+2 threads often expand to a ridiculous wide format that pretty much causes me to expand my browser to full screen width, eliminate navigation pane, and shrink text. Is this a bug in the forum software? Anything we can do to make reading these threads more pleasant? BTW, I'm a Firefox user.

Thanks.

[RR]

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This is not a personal debt for Dutch. .....

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....What leads you to believe that this is true?

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business 101

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I think it would not be a peronal debt if the company's assets were sold to pay the creditors. Russ Boyd chose to keep the company's assets for his personal use. I think that make the debt his.

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Again, business 101 - learn what a corporation is, and you'll understand who owns the debt. This is not a defense of Boyd - who clearly screwed up - it's just a matter of getting facts straight.

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There was no corporation. He never made the claim of this being a corporate debt until after he clsoedup shop and tried to be an active memeber of the online community. When he was planning to open a new poker site where do you think he planned to get the software? If this were a real corporation the software (it was very good at the time) would have been sold and that could have paid for quite a bit of what was owed, but Russ wnated to keep the software unless he could get enough to pay the players and pocket some for himself.

What I have always thought happened was a lot of the money went to freerolls. I never signed up at Pokerspot, but I was planning to and never got around to it before the checks started bouncing. He offered "good" freerolls with a lot of overlay. I am guessing the money he expected to rake form the traffic never materialized.

[kdog]

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kdog.....Boyd also owes me money from that site. I still have his POS emails with his BS rationalizations as to why he couldn't pay me.


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Mrytle...He owes me $1400 and change too. MS can bash away all he wants AFAIC.

[RR]

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This is not a personal debt for Dutch. .....

[/ QUOTE ]

....What leads you to believe that this is true?

[/ QUOTE ]

business 101

[/ QUOTE ]

I think it would not be a peronal debt if the company's assets were sold to pay the creditors. Russ Boyd chose to keep the company's assets for his personal use. I think that make the debt his.

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Again, business 101 - learn what a corporation is, and you'll understand who owns the debt. This is not a defense of Boyd - who clearly screwed up - it's just a matter of getting facts straight.

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Does this support the position that itis just a corporation that didn't make it and and Russ Boyd should be in the clear?

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Whois lookup for pokerspot.com.


Whois Server Version 2.0

Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.


Domain Name: POKERSPOT.COM
Registrar: FABULOUS.COM PTY LTD.
Whois Server: whois.fabulous.com
Referral URL: http://www.fabulous.com
Name Server: NS2.FABULOUS.COM
Name Server: NS1.FABULOUS.COM
Status: REGISTRAR-LOCK
EPP Status: clientDeleteProhibited
EPP Status: clientUpdateProhibited
EPP Status: clientTransferProhibited
Updated Date: 17-Aug-2005
Creation Date: 15-Aug-1999
Expiration Date: 15-Aug-2006

>>> Last update of whois database: Sun, 16 Jul 2006 22:02:41 EDT <<<

NOTICE: The expiration date displayed in this record is the date the
registrar's sponsorship of the domain name registration in the registry is
currently set to expire. This date does not necessarily reflect the expiration
date of the domain name registrant's agreement with the sponsoring
registrar. Users may consult the sponsoring registrar's Whois database to
view the registrar's reported date of expiration for this registration.

TERMS OF USE: You are not authorized to access or query our Whois
database through the use of electronic processes that are high-volume and
automated except as reasonably necessary to register domain names or
modify existing registrations; the Data in VeriSign Global Registry
Services' ("VeriSign") Whois database is provided by VeriSign for
information purposes only, and to assist persons in obtaining information
about or related to a domain name registration record. VeriSign does not
guarantee its accuracy. By submitting a Whois query, you agree to abide
by the following terms of use: You agree that you may use this Data only
for lawful purposes and that under no circumstances will you use this Data
to: (1) allow, enable, or otherwise support the transmission of mass
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The Registry database contains ONLY .COM, .NET, .EDU domains and
Registrars.

Domain pokerspot.com:
Intervault.net
215 S Madera Ave
Kerman, CA 93630 US

Administrative contact:
Billing contact:
Intervault.net
Dutch Boyd
[email protected]
215 S Madera Ave
Kerman, CA 93630 US
Phone: +1.3103841489
Fax:
Technical contact:
Intervault.net
Rob Boyd
[email protected]
215 S Madera Ave
Kerman, CA 93630 US
Phone: +1.5598428711
Fax:

Record dates:
Record created on: 1999-08-16 03:28:37 PDT (0)
Record modified on: 2005-08-17 03:06:43 PDT (0)
Record expires on: 2006-08-16 PDT (0)

Nameservers:
ns1.fabulous.com:
64.15.205.211
ns2.fabulous.com:
64.15.205.212

Note: Automated collection of data from this database is strictly prohibited.



[/ QUOTE ]

[Myrtle]

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kdog.....Boyd also owes me money from that site. I still have his POS emails with his BS rationalizations as to why he couldn't pay me.


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Mrytle...He owes me $1400 and change too. MS can bash away all he wants AFAIC.

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....pisser.

We can all raise a glass in toast to him then, eh?

[kdog]

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Don't force us to let the dogs loose onto the grounds by calling forth:

Neal Ross

<a beam of light shoots into the darken sky showing what looks like either a butterfly net or a straightjacket>

May God forgive us

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MS, pleeeease don't do this. This nitwit still comes around trolling every few months and is a real PIA to get rid of.

[kdog]

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....pisser.

We can all raise a glass in toast to him then, eh?

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Next game at Dan's. Name your poison.

[Mike Haven]

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I notice that 2+2 threads often expand to a ridiculous wide format that pretty much causes me to expand my browser to full screen width, eliminate navigation pane, and shrink text. Is this a bug in the forum software?

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I don't know if it's a bug, but it's usually caused by a big photo or a long line of text with no spaces - like a long url, or someone typing something like "ARRRRRRRRR etc GGGGGHHHH!!!111" without a space. If you notify a moderator he can delete the culprit, easily.

[frommagio]

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This is not a personal debt for Dutch. .....

[/ QUOTE ]

....What leads you to believe that this is true?

[/ QUOTE ]

business 101

[/ QUOTE ]

I think it would not be a peronal debt if the company's assets were sold to pay the creditors. Russ Boyd chose to keep the company's assets for his personal use. I think that make the debt his.

[/ QUOTE ]

Again, business 101 - learn what a corporation is, and you'll understand who owns the debt. This is not a defense of Boyd - who clearly screwed up - it's just a matter of getting facts straight.

[/ QUOTE ]

There was no corporation. He never made the claim of this being a corporate debt until after he clsoedup shop and tried to be an active memeber of the online community. When he was planning to open a new poker site where do you think he planned to get the software? If this were a real corporation the software (it was very good at the time) would have been sold and that could have paid for quite a bit of what was owed, but Russ wnated to keep the software unless he could get enough to pay the players and pocket some for himself.

What I have always thought happened was a lot of the money went to freerolls. I never signed up at Pokerspot, but I was planning to and never got around to it before the checks started bouncing. He offered "good" freerolls with a lot of overlay. I am guessing the money he expected to rake form the traffic never materialized.

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Believe me, I understand the frustration, but you're going on your feelings, not the facts that are out there. Unless you have better information than what's available publically, you're just making unsupported accusations.

"There was no corporation." ??? Come on. I spent two evenings googling around just to learn what I could about this situation (idle curiosity), and nobody is seriously arguing this point. All I've seen indicates that there were several stakeholders in the corp (at least 3), and I think it's the case that Boyd had less than 50% ownership. You have some private information that you care to share? It's almost impossible to believe that there wouldn't be a corporation - jeeez, the guy was a fresh law school grad.

To me, the real story seems daming enough to Boyd: incompetence and bad judgement after the business partner failure, followed by the attempts to salvage a deal, and the accepted offer that later fell through, with other offers drying up. It seems completely plausible - this kind of stuff happens in business failures all the time. And it seems to fit the facts. What's more, I can't find any facts that seem to argue otherwise.

So Boyd screwed up. He made bad decisions, and he acted very poorly when things went wrong. He also had some bad luck, both with the failed business partner, and in his attempts to remedy the situation. He has made some noises about wanting to pay the debt back, but nothing has happened on that front. It's nice that he feels some ethical responsibility (at least he says he does), and it would be nicer still if he actually sacrificed and began to pay what he could. But at the end of the day, an individual is not on the hook for a corporate debt.

[frommagio]

And by the way, if/when Boyd does manage to get something rolling, we'll all be able to use the power of open communication, publicity and the boycott - in an attempt to extract real action on the payment front. He's stated that he would pay back the debt if he could, or if his corporation could be rolled into a new enterprise (assets as well as debts). Given that backdrop, it's entirely appopriate that we collectively apply the pressure to help folks like MS Sunshine and all the others.