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newest letter from KT |
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shir
Home away from home
Joined: 13-Mar-2006
Posts: 2201
From: Rotterdam
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Posted: 2006-12-19 10:55
Dated today:
Subject: IPT Updates
Dear IPT players & all qualifier participants,
I am writing this to all IPT players, and every player who participated in a
2007 Tour Card Qualifying Tournament. Here are the updates relating to the
IPT 2007 Season and the IPT's future:
. We are still working on the merger/acquisition with Ho Interactive as well
as the option of taking the IPT public independently. These negotiations and
details are going rather slow but still look encouraging.
. We are still actively pursuing major sponsorship packages for the 2007
season. Great progress has been made although nothing is definitive as of
yet.
. We anticipate announcing the 2007 season schedule by March 1st. The
schedule may be smaller than we had hoped.
. We are on schedule for paying the players for the 2006 World Open. We
anticipate getting all players paid in full within the first quarter of
2007.
. If the IPT is not capable of fulfilling the 2007 season schedule as we had
previously announced, the IPT will refund the $2000 entry fee to every
single player who entered a qualifying tournament for a 2007 Tour Card! By
March 1st, we should know what the 2007 season schedule will be.
As you all know, I love pool. The IPT is meant to be a tour where the
players are put first. I want the IPT to have tournaments each and every
year and grow. Most importantly I want to make sure that the players are
always put first. If the IPT struggles, I will personally continue to lose
money. However, the players will never lose a single penny even if the IPT
fails. This is why if we cannot meet the expectations for the 2007 season,
we will refund the entry fees for every player who entered a 2007 Tour Card
qualifier. Obviously, players entered the qualifier based on the potential
winnings and monetary guarantees mentioned for 2007 Tour Card holders. If
these cannot be fulfilled we will make sure that the entry fees will be
refunded in full. In any other business, such as the airlines, this would
not happen. The business would simply file for bankruptcy and have no legal
obligation to pay back anyone. However, I love pool and I love pool players!
I will never allow pool players to take a financial hit. I hope that you can
appreciate my efforts and commitment to the IPT and to you the players.
It appears that the IPT will continue with tournaments although the schedule
may be smaller than we initially forecasted. We all agree that the most
important thing is that the IPT continue in some fashion or another. During
this holiday season, be thankful for all that has been accomplished this
year and be hopeful for all the great things that we will accomplish in the
future.
Happy holidays to all,
Kevin Trudeau, Founder
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Bangkokpoolman
Quite a regular
Joined: 24-Nov-2006
Posts: 65
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Posted: 2006-12-19 11:36
im interested...does anyone really believe him?
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cusack_147
Home away from home
Joined: 17-Mar-2006
Posts: 991
From: Southport
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Posted: 2006-12-19 11:39
Boyzi you recieved any money yet?
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read_this
Just can't stay away
Joined: 16-May-2006
Posts: 109
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Posted: 2006-12-19 11:50
New letter, same old story.
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dazzler
Home away from home
Joined: 14-Mar-2006
Posts: 1289
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Posted: 2006-12-19 12:18
Well i know that myself and Boyzi received a big lump of money from IPT last week so at least they are trying.....still not happy dont get me wrong but there is a glimmer of hope....lets just wait and see, thats what i say. ----------------- 
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boyzi
Home away from home
Joined: 10-Apr-2006
Posts: 385
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Posted: 2006-12-19 14:15
i have received two payments from my reno money.still owed alot so il keep praying..all in all another joke in the pool world
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RugRat
Home away from home
Joined: 19-May-2006
Posts: 439
From: Stavanger
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Posted: 2006-12-19 14:27
we all pray...
After all, if they can manage to run 2 successful tournaments a year it is better than nothing, or?
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boyzi
Home away from home
Joined: 10-Apr-2006
Posts: 385
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Posted: 2006-12-19 14:28
il settle for that at this stage of play.
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