BetPanAm Update

[Betpanam]

Just here to let people know we are supposed to meet with the investor group tomorrow afternoon. I remain positive this will be over soon. I know whats at stake and I dont think these guys want to go through that. I will be back tomorrow afternoon to let people know whats going on. I can also tell you we wont be able to send out any Neteller or Stored Value Card money tomorrow because those accounts have to be wired money and it would take at least a day. Sorry I couldnt warn people sooner. I found out at about the same time evryone else did. Took us by surprise . Because unlike being reported we were actually starting to do good. We had one losing month since we opened . We werent outta the red yet from the initial start up but well on our way to getting there. Everything was looking positive. Outside of a few software issues and re adjustments we thought things were going well. Anyway I will continue to report back as I know more.

Scotty

 

[Angelle]

thank you for the update

 

[RPM]

good luck man!~

 

[MeyerLansky]

At least these guys aren't running away like that mother ****ing piece of shit from aces gold charlie therwanger.

 

[red007]

has no one found that coqk suqker charlie therwanger yet?

 

[cashingtheticket]

Something tells me that the only people that got screwed were the people that could not or would not do anything about it. I mean how can you screw people out of that kinda of money and nothing happen to you. I bet the people that could do some REAL harm were paid. Just my opinion of coures.

 

[Pokerking]

Whatever happenned to that scammer Reggie from Blue Marlin. He said he had some funds available. It's amazing that these books that go under never pay part of the accounts off. I guess they figure if they're going to stiff people they might as well go all the way.

 

[SHACK]

Thanks for the update Scotty.

 

[SunDevil]

Scotty,

Could you remind the "investors" its not so much an "investment" as paying a debt? It's the players' money - it was trusted to PanAm - there should be no issue about giving it back.

 

[Halifax]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Betpanam:
I found out at about the same time everyone else did. Took us by surprise .

Because unlike being reported we were actually starting to do good. We had one losing month since we opened . We werent outta the red yet from the initial start up but well on our way to getting there. Everything was looking positive. Outside of a few software issues and re adjustments we thought things were going well.

Scotty<HR></BLOCKQUOTE>

Two questions:

1. Who is the "we" that you're referring to, when you say "we thought things were going well" ?
2. What exactly was it that "took you by surprise" ?

 

[SunDevil]

Is it just me or is Scotty's use of the past tense in every sentence a bit unnerving?

 

[red007]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by SunDevil:
Scotty,

Could you remind the "investors" its not so much an "investment" as paying a debt? It's the players' money - it was trusted to PanAm - there should be no issue about giving it back.

<HR></BLOCKQUOTE>

well said

 

[THE SHRINK]

Thanks for the update Scotty...

I know how important your reputation is and you have taken a lot of abuse, including from me, regarding this most unfortnate circumstance, which is NOT YOUR FAULT...

I hope the investors REALIZE how IMPORTANT it is to PAY EVERYONE who is OWED MONEY immediately.

THE SHRINK

 

[TheGeneral+]

All communication is nice to hear. May the meeting go well and a resolution be made in favor of all players.

 

[red007]

players get stiffed -200
players get paid +140

 

[JimFiestSux]

Bottom line is any Book who can't survive on one bad month shouldn't be in bussiness! And my figures are that PanAm will be one of them! They are still in business in which anyone who doesn't read these forums are still reloading there! Don't hear anything bout not excepting a reload,lol! After the Super Bowl PanAm is done!!

 

[SurfBoard]

just staying open for deposits

 

[go2guy]

Guys don't like what I'm hearing too but you act like BetPenam is gonna do a Reggie from Blue Marlin or Mike Silver from GA, right? They should be enough reups for the Super Bowl from the unsuspecting to cover some outstanding debts right? Is this how some of the most recent players have been paid since the "investors" have closed the purse strings?

 

[crazyivan24]

I'm backing up PANAM.

Come on Panam! Please start paying off the portion of my $3300 (withdrawl request) either via Neteller and/or Flex Card...I'll even take Western Union if necessary.

Thanks

Ivan

 

[go2guy]

Ivan you're sounding like a whiny little whore right now. Is there any level you won't stoop to in order to get your money.