34 replies to this topic

[DiamondDixie]

Balloon guy, on Saturday, August 13th, 2011, 7:45 PM, said:

You just hate mexicans...

LOL I'm pretty sure he's Korean!

[FCP Bob]

Federated Sports and Gaming the Parent for the Epic Poker League Files for BankrupcyNot a surprise.http://www.federated...poker-community

[Governator]

That was an epic call by Daniel.

[FCP Bob]

http://www.vegasinc....ies-bankruptcy/

Quote

In papers filed Tuesday in bankruptcy court in Greenbelt, Md., attorneys for Federated Sports and Federated Heartland said they had 22 employees, about $15,000 in cash on hand and receivables of about $115,000.Records show a key creditor is casino operator Pinnacle Entertainment Inc., of Las Vegas, owed $2 million for a loan to the companies.Another $1.966 million is owed to a company called All In Production LLP, of Fargo, N.D.

[FARGOpokerND]

Hmmmm Fargo, ND??I seriously have no idea who in town here would be running a company like that (or what the company does) unless its related to the Free Poker Network started by (I think) a couple of guys here in Fargo...EDIT: Looks like All In Productions is this

Quote

ALL IN PRODUCTION LLP is a Motion Picture and Video Production company located in Fargo, North Dakota.

[FCP Bob]

FARGOpokerND, on Friday, March 2nd, 2012, 11:59 PM, said:

Hmmmm Fargo, ND??I seriously have no idea who in town here would be running a company like that (or what the company does) unless its related to the Free Poker Network started by (I think) a couple of guys here in Fargo...EDIT: Looks like All In Productions is this

That is probably the money that they owe for the purchase of the Heartland Poker Tour

[FCP Bob]

It looks like they've had problems for a long time and were being sued by the forner owners of the Heartland Poker Tour in October for non payment of the money for the purchase of the HPT.http://insider.wicke...or-non-payment/Also they owe about 100 different creditors.http://insider.wicke...details-emerge/

Quote

According to court records, along with the $2M loan from Pinnacle Entertainment and $1.97M still owed to All In Production (Heartland Poker Tour) for the remainder of their not-fully-executed acquisition, FS+G also owes: ■441 Productions: Approximately $500,000 ■Rogers & Cowan: Approximately $70,000 ■creativeputty: Approximately $39,000 ■Kirkland & Ellis law firm: Approximately $250,000 ■Disabled American Veterans: Approximately $23,000

[FCP Bob]

Both Annie Duke and Jeffrey Pollack are listed as creditors.I would love to know how much money in "management" fees the two of them were paid.http://business-bank...orts-gaming-incCreditors 24 Seven Productions 441 Productions, Inc. A Casino Products/CGS, Inc. AFLAC Alan Penner All Access Staging Productions All In Production, LLP All In Productions/HPT Allen Rash Amalia Rosen American Office Anne L. Duke Aqua Water Store Arizona Poker News, LLC BEV Corporation Blue Haze, Inc. Blue Line Studios Blue Line Studios BlueHaze Inc. Branch of Reorganization Brownstein Hyatt Farber Schreck, LLP Bryant Riley Bryon Lee Schultz Buddy Media Cable One Cass County Electric Cooperative Castfire Charles Winner Chris Hansen Comcast Comptroller of the Treasury Context Capital Corporation Service Company Countyline, LLC Creativeputty Daniel Perini David Carlock David Goldberg David Neal Productions, Inc. David Neal Productions, Inc. Digitaria Interactive, Inc. Digitaria Interactive, Inc. Disabled American Veterans Elizabeth Morone Eric Faulkner Federated Heartland, Inc. Fred Bevill FSG Partners, Inc. GettyImages Greg Lang Guardian Happy River, LLC Haymarket Partners, LLC Hiram Cohen & Son, Inc. Huntington Press IAC/InterActive Corp IAC/Interactive Corp Internal Revenue Service Internet Exposure Jan Blacka Jay Newnum Jeffrey Grosman Jeffrey Grosman Jeffrey Pollack Jeffrey Pollack Jeffrey Pollack Trust Jennifer Mastrud Joanne Priam Joanne Priam John Vorhaus Katherine Kowal KGYM Radio Kirkland & Ellis Liebau Investments Linn Grove Center Linn Grove Center, LLC Mailstreet/Apptix Marc Geiger Mary Faulkner Mathison Co. Matt Savage Meefy Media Meserli & Kramer P.A. MetroGames US, Inc. Metrogames USA, Inc. Michael Brodsky Michael Craig/BEV Corporation Milfam I, LP Mills Limited Partnership No Turnovers, Inc. No Turnovers, Inc. Paul Mandabach Pinpoint Marketing PNK Development 10, LLC Project Support Team Promotional Solutions PunchGut Rackspace Restaurant Retail Mgmt II, LLC Richard Patterson Rogers & Cowan Rothwell Figg Ernst & Manbeck Safenames Ltd Sandeep Aggarawal Sandeep Aggarwal Sands Family Trust Satellite Broadcasting, Inc. Savage Tournaments, Inc. Scott Becher Secretary of the Treasury Sitecore, Inc. SportsBlogs, Inc. State of Maryland DLLR Stephen Martin Steven E. Schraibman Synergy Management Tapley Associates Taxing Authority of Montgomery County The Hendon Mob, Ltd. The Mills Limited Partnership Tige Savage Tribune Media Services Trio Entertainment U.S. Attorney-District of MD United Healthcare Vito Iaia Wiener & Garg Zedo, Inc.

[troyomac]

FCP Bob, on Sunday, March 4th, 2012, 9:32 AM, said:

Wiener & Garg

Haha

[FCP Bob]

Federated Sports+Gaming Bankruptcy DocsGood article from Wicked Chops about the bankrupcy details.

[FCP Bob]

Jeffrey Pollack was either totally incompetent or worse.http://www.cardplaye...ountain-of-debt

[FCP Bob]

Epic Poker Statement Shows Over $7.8M in Liabilities

Quote

The company managed to earn just $37,052 in income over a 14 month period while racking up $7,892,242 in total liabilities. Epic Poker ran three poker tournaments, adding money to each prize pool and paying the CBS Corporation to televise the tournaments. It cancelled its fourth tournament, along with a fifth, which promised a $1 million freeroll for the league’s top performers in the inaugural season. Federated Sports’ Statement of Financial Affairs shows that from Nov. 29, 2011 to Feb. 29, 2012, the company paid vendors more than $2.4 million. During the same time frame, five Federated Sports officers were paid more than $1.1 million. Those officers include Annie Duke ($299,784), Jeffery Pollack ($226,652), Daniel Goldberg ($181,062), Jeffrey Grosman ($216,666) and Michael Brodsky ($166,666). The statement also shows $662,801 in additional unpaid wages and business development expenses requested by these officers, including $71,669 for Duke, $169,322 for Pollack, $167,962 for Goldberg, $67,796 for Grosman and $149,050 for Brodsky. The largest Federated Sports liabilities include $2,093,447 owed to PNK Development 10, LLC, a subsidiary of Las Vegas-based regional casino operator Pinnacle Entertainment (PNK. NYSE), $1,966,052 owed to All In Productions, the Fargo, N.D., company that agreed to sell Federated its Heartland Poker Tour last year and $1 million owed to CountryLine, LLC, a private equity firm held by the Pritzker Group.

[DanielNegreanu]

I told you so, I told you so, I told you so, I TOLD YOU SO!!! You cannot trust that disgusting, dishonest, stealing, cheating, excuse for a human being Annie Duke. She is horse dung and it's beyond tilting that some people still don't get it. She CAN NOT be trusted in any way, shape, or form. A complete sociopath who will steal at any opportunity, lie if it benefits her, and take advantage of anyone who allows her to.

[FCP Bob]

Detialed bankrupcy documents. Annie was being paid over $20K per month in salary and Pollack over $16K per month.http://www.cardplaye...ts-Finances.pdf

[FCP Bob]

http://wickedchopspo...d-sportsgaming/Statement from wickedchops poker about Epic owning over 100 domain involving the word "wicked"