Crystal Palace Casinos' IPO

[mary]

Yep, the Safebet boilerplate has to go. They appear to have gotten rid of the RTG boilerplate about being insured, which is a specific financial claim that would easily have been exposed as either the truth or lie in their flotation documents.

I still don't like the following and think that investors shouldn't like it either:

Crystal Palace prides itself with prompt payouts. All withdrawal requests will be processed within 4 to 7 business days. Requests must be made through the casino bank. Simply enter the amount you wish to withdraw, select a withdrawal method from the drop down menu, and we will notify you by email when your withdrawal is sent.

A maximum of $4000 will be sent per week, all balances will be sent the following week(s).

All cheque withdrawals under $500 will be subject to a processing fee of $30.

Realistically, a lot of people buying penny stocks aren't going to care if an online casino site follows good industry practice or not. (Yeah, the whole Party Poker IPO has got me bitter and cynical...)

If you're going ot buy an online gambling stock, look at CRYP. Maybe WPTE, it's really been whacked and may be a "Fallen Angel" at this point.

[caruso]

The due diligence and prospectus for the Public Offer by Seymour Pierce on one of the biggest and best known rogues in the business should make for some interesting reading.++++++++++

Cloud was listed as "rogue" here a long time; Cloud told you to "f*** off" (documented in Google cache but no longer available here); Cloud threatened you with legal action after you asked him a valid question (documented in Google cache but no longer available here). That, in addition to the plethora of examples of bad behaviour we've had over the years, is pretty decent evidence of appropriateness of the "rogue" accolade, one must say.

This is an all-time joke. Due diligence? Corporate fitness? Or do they just look at the balance sheet, see a figure with twenty zeros after it and go ahead on that basis?

Would the UK A.I.M. have run with alcapone.com?

What is the legal situation regarding flotations of companies that use deception and duplicity to get their customers' wallets open?
++++++++++

These are mine. What is "inflammatory"? And I should point out, my English is pretty good - I used to teach it BTW - and I'm up on my dictionary definitions. This is not "inflammatory". These are all valid questions. I could have saved the "all time joke" comment, though.

The way to shaft Mr Cloud is to find an irregularity in the profit forecasts, such as describing as "exceptional items" the confiscated winnings of players as being a contribution to forecast profits.
++++++++++

Agreed, the suggestion to "shaft" is inflammatory.

Perhaps there is still a chance for this IPO to be killed off before the suits in the city get their fingers burned as well as players.
+++++++++++++++++++++++

The suggestion to "kill it off" is heated, but that's a poor choice of words. It remains a very valid point. "To be put on hold" would have been better.

The difference being that CON actually PAID, of course.+++++++++++++++++++++++

Me again. CON paid. Cloud has frequently not. Inflammatory?

this isn't about the Mount Everest of complaints we've seen over time and the obnoxious public stance of Cloud - all that's now got harder to provide evidence for after the removal of useful threads and articles.++++++++++++++++++++++.

Me again. Inflammatory??? These are three factual statements.

I am now full throttled to do short sell Crystal Palace as instantlyas they are on the stock chart.

This is pointlessly provocative, and non-factual.

Bryan, the fact that words are unpleasant does not make them incorrect. It just makes them unpleasant. It beats the hell out of me why you defend this character. I can understand NON-factual flames and attacks, though very understandable here, getting zapped. But I cannot understand why pure facts have to go south. It's plainly documented that Cloud told you to "f*** off". To hell with the "Google cache" - that's relevant information. I'm not expecting you to change your mind over this, I'm simply pointintg out that relevant, factual information should be where it always was. I see no reason for it to be consigned to viewability only in the Google cache.

The only thing that is messed up is that there are still some banned players who still receive mailshots (like you did). In most cases these are sent to email addresses other than the one used by the banned account.

LOL, correct - but "messed up" is kinda the century's understatement! Did you see how much free bonus money was up for grabs this week? 1.2 mill. How much of that is payable in winnings, in the event of a win followed by surreptitious account-lock at another casino? Make that a fat "zero". It's a bit more than "messed up".

The other messed up thing is the safebet logos. They've never been removed, but I'll see if I can't make that happen.

Yeah, but not much of an issue in comparison to the rest. Removing that would be rather like offering a tissue to blow his nose to a man terminally ill with cancer. So I figure we can probably ask Mr. Cloud to ditch that!

FTR - I saw another complaint, an old one, rear its head at WOL today: my lil' buddy Shanky is still out $5000 at Vegas Frontier, on the back of a retroactive terms-switch. $5000. That's a decent small second hand car, or a medium year's rent.

This really is bad stuff.

Also FTR - I've contacted two "researchers" at Seymour Pierce, and I've started the process of getting media interest. I'm entirely pessimistic that anything will come of it, but one has to make an effort.

Bryan, all the above is reasonable comment and not intended to upset you. In deference to your suggestion to "take it elsewhere", I would say that if you prefer all comment on Cloud and this issue to cease, on pain of my user account here, it certainly will from my end. But it should be clearly on that basis and that basis alone, and not be seen to be because I have lost interest or am remotely short of argument on the matter. But on "pain" of my removal, I will not post any more about Cloud. Hope that's agreeable.

By the way, what is "Caruso's lair of the damned"?

[Casinomeister]

I've had enough of this entire subject. I have given explanations for how I run this place, and I feel I have given you valid explanations about my decisions. To continue badgering me on the same questions is getting to the point of harrassment. To keep dredging up crap that happened a couple of years ago is tiresome. I'm asking you to take a break from this forum. Thank you.

[scrollock]

i think my comments about the isle of man have been misunderstood, i wasnt trying to imply that its like costa rica or any of those other places, there is no doubt that the IOM has very good regulation.

however the point what i was trying to make, is the IOM is not part of the UK but i get the feeling that some companies are moving there to give the false impression that they are going to be in the UK and thus subject to our regulations, something which is now more than relevant with our gambling bill/act.