US/EST: 26 Jan 2020 18:41

Player Dispute - ugotblufd

78 posts, 20 voices


 
Harp221122
Harp221122 1635 points
6177 posts
status: Grand Master
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5 years ago

http://www.chipmeup.com/player/ugotblufd

Two outstanding events need to be closed/addressed:
http://www.chipmeup.com/event/140866/ugotblufd-…
http://www.chipmeup.com/event/140368/ugotblufd-…

These three events need to be cancelled and refunded any funds until issues are sorted:
http://www.chipmeup.com/event/140157/ugotblufd-…
http://www.chipmeup.com/event/140783/ugotblufd-…
http://www.chipmeup.com/event/140094/ugotblufd-…

I will be sending a pm to investors in the 3 upcoming events to see who has actually paid (as I believe most have not, but am not sure)

I will remind everyone of the Player Dispute rules here: http://www.chipmeup.com/forum/16/topic/65621/pl…

Unless you are invested and have information pertinent to this dispute, you should not be posting here and could receive a shoutbox/forum ban

ugotblufd
ugotblufd 74 points
1105 posts
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5 years ago

Really sorry Have ended up losing the money. I will get it back asap and pay everyone off as soon as i can. intened to do a few bonus events for people once its all paid off. Life has taken a serious turn for the worse recently but no excuses i made some silly decisions chasing fish at high stakes and all the money got mixed together.

once again very sorry and i will really try and make it up to people with hopefully a bonus roll of 500 or 1k when im back on my feet again after i paid everyone back in full
.
see it as a long term investment which you will see back at some point hopefully soon not intended to mess anyone about just hit variance in the face hard got very confident when i was winning and i went to high too soon. spread my bets everywhere and nothing came in basically.

Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

Note to investors:

Anyone who paid CMU in the 3 events that have not started will be refunded and shares removed immediately.

Anyone who has responded to my pm that they havent paid for their shares in those events will also be removed so only those that have paid are left

for those who paid cmu$ for the running events, I will deal with those two events over the weekend

For anyone that has paid via pokerstars or other method, and funds received from ugotblufd or from shares, etc will be distributed proportionately to what is invested

For ugotblufd:
any payments towards this (and i would suggest starting to make small ones to show your intentions) should be either sent/uploaded to your cmu balance or sent to Harp221122 on stars.

You can post here when you make a payment so i can ensure it is recorded, etc

Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

http://www.chipmeup.com/event/140925/2011winner…

$212.80 added to funds from this event

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Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

All cmu purchased for all events have now been returned in full. If you were in the two running events and paid CMU$, your shares have been marked paid.

If you paid CMU$ and havent received a refund, please pm me. I dont think i missed anyone.

hannyug
hannyug 447 points
27266 posts
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5 years ago

To all buyers of smaller shares in this event

http://www.chipmeup.com/event/140559/hannyug-po…

I paid ugotblufd via pokerstars and I am currently waiting for further updates from harp/ugotblufd before I can close it. Also, I have CMU$19.20 locked up in this event which can also be brought into the equation after I can close the event

Any questions/queries, please pm me or harp

Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

Anyone who paid hannyug in CMU$ will received a refund sometime over this weekend when i have a chance to go through them

The remaining shares paid by pokerstars follows the same line as hannyug’s buy in the actual ugotblufd event. When $$ are recovered and paid out, they will be paid to hannyug and he will be required to pay your share

ugotblufd
ugotblufd 74 points
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5 years ago

i think it makes more sense to payback hannyug and he smaller shares out in full of what username: 2011 sent me back from his event ending. also i think new investors and ppl that have lost money through me should get paid back. people who are still up from me over the time here at cmu i will payback last as its not such a detrimental overall experience to them. if u can let this i will work out who is highest priority. my main income is plo sngs so the speediest recovery would be to roll myself for 1-30 plo sngs i figure i can grind hard when i get a house internet sorted if i pay 50-100 bux now its just going to kill my rent food money and its going to take forever. my intentions is to sort this out but once im rolled for 1-30 plo sngs only anything above this i can ship back asap. this is my plan. thanks for being so understanding everyone

Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

This is not how payback works on CMU

Everyone who is invested in you gets paid back proportionately to what they invested and we handle payback if not done all at once.

There is no relevance to who has made money on you vs who hasnt, they are all investors and all deserve their $$ or a portion of them at the same time.

So if you pay back 10%, everyone gets 10% of their investment. There are no “highest priorities” every investor is equal

I will be posting a spreadsheet of what is owed later today.

As i said above, all funds to be paid back should be uploaded to your cmu balance or sent to Harp221122 on stars and listed here.

Harp221122
Harp221122 1635 points
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5 years ago

https://docs.google.com/spreadsheets/d/1CjY45dM…

I am still waiting to hear back from caterpillard and sierra_tango about their shares, everyone else has responded i believe

I have sent them both emails, so once they respond, the sheet will be finalized

All CMU$ bought shares have been refunded and all confirmed unpaid shares have been removed

If any investor feels they have been missed, etc, please feel free to pm me



post modified 5 years ago

ugotblufd
ugotblufd 74 points
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5 years ago

as far im aware i recieved nothing from catepillard. aikon had 0$ of these but is owed 200$ from future events shares bought. will double check everything when i can repay

ugotblufd
ugotblufd 74 points
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5 years ago

+ ormos’ shares also not recieved as i understood it when event began.

ugotblufd
ugotblufd 74 points
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5 years ago

i think its around 2000$ is that correct?

ugotblufd
ugotblufd 74 points
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5 years ago

going to br grinding sngs for 10 days from now so should be able to settle this within
the next 10 or so days i hope.

aiming for the first payment to be wthin next 7 days.

ugotblufd
ugotblufd 74 points
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5 years ago

will send 33.75 now to level up my cmu $ to tony g

ugotblufd
ugotblufd 74 points
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5 years ago

sent 33.75 which i owe CMU from ugotblufd on stars

TryABluffPLS
TryABluffPLS 3103 points
11817 posts
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5 years ago

Hi, whats next?

Harp221122
Harp221122 1635 points
6177 posts
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5 years ago

I have made one more attempt to contact catapillerd regarding his shares as it affects the distribution of current funds held. If dont here back in 48 hours I will be distributing the current amount we are holding

Harp221122
Harp221122 1635 points
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5 years ago

Distributions will be made in the next day or so when i have time

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Harp221122
Harp221122 1635 points
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5 years ago

https://docs.google.com/spreadsheets/d/1CjY45dM…

No response from caterpillard as per whether his shares were paid, and since the notes in the events say they were not at the time, I have removed them for now to ensure proper distribution of the current funds

I did make an error as $10.19 was collected from shares, but while i added to held funds, i forgot to add to the total amount at bottom of sheet, so $10.19 will be held for another distribution when it happens

All funds returned via CMU$

BeltBuster
BeltBuster 384 points
1081 posts
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5 years ago

Ugotblufd sat at cashtables yesterday with more then $1000 totally, so his comeback is going decent.
He didnt answer me in chat but I hope he stand at his words and starts to repay his depts soon.

Aikon
Aikon 1841 points
7355 posts
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5 years ago

Any news about Ugotblufd payback?

MDMWINS
MDMWINS 11900 points
26566 posts
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5 years ago

I was playing with him at some SNG hypers, completely ignored me so I guess he wont come back :(

sejmen1950
sejmen1950 5 points
2 posts
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5 years ago

not relevant



post modified 5 years ago

ugotblufd
ugotblufd 74 points
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5 years ago

going further into debt at the moment. Was doing well from an offline stake at one point but it all went wrong again. Still intend to pay once i have my life sorted.