1. #1
    SportsMushroom
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    cant sbr liquidate betisland assets and pay players?

    since sbr is 'accross the street' maybe they can go by and liquidate everything, computers, servers, software, fixtures and fittings?

    not gonna be enough to cover everyones balances but maybe they could be distributed proporionately to players depending on the size of their balance

    also, not sure if its true but I think I read in a couple of threads that BI owned the premises, maybe that could be sold to pay the players



    I know that sbr does not have a legal standing but if players with balances signed permissions as creditors of betislands the local courts would probably enstate sbr as liquidators

  2. #2
    dmtrader
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    That's a great idea.

    While SBR is at it, they could also come up with an economic plan to avoid the fiscal cliff, cure cholera, and end poverty.
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  3. #3
    Vegas39
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    Would guess servers etc being used for 7redsports

  4. #4
    Chi_archie
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    I think that would be called looting

    robin hoodish or not

    Lou can lead the pack!

  5. #5
    manny24
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    shroomer most of the money was in the fixtures and fittings which are now in tonto shawn's private island home

    shroomer some may have also been added to the mountainside swiss chalet

    shroomer how much did you drop?

  6. #6
    Chi_archie
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    they had a new location and facility the week this video was released

    check out 1:47

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  7. #7
    darkhat
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    just cut your losses and play at 7redsports

    great bonuses and same day payouts
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  8. #8
    flyingillini
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    I have a feeling a lot of posters think they are actual sportsbooks, they are only call centers. $ goes elsewhere

  9. #9
    SportsMushroom
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    Quote Originally Posted by Chi_archie View Post
    I think that would be called looting

    !
    nope, by law when creditors (which players are) are not getting paid they have the right to file for the company to go into administration, the courts apoint a liquidator (sbr was a bad example, probably a local law/accounting firm) to liquidate assets and pay creditors off

  10. #10
    flyingillini
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    Quote Originally Posted by manny24 View Post
    shroomer most of the money was in the fixtures and fittings which are now in tonto shawn's private island home

    shroomer some may have also been added to the mountainside swiss chalet

    shroomer how much did you drop?
    Ese Manny gets it!, great posting , great posting!!

  11. #11
    Robber
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    Quote Originally Posted by flyingillini View Post
    Ese Manny gets it!, great posting , great posting!!

    Would cheers Jon be considered an asset

    Sell him for parts

  12. #12
    darkhat
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    manner has stepped up his A game

    manner is no longer playing games

  13. #13
    tblues2005
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    The posters that live in Costa Rica can answer these questions because they know the laws there.

  14. #14
    Vegas39
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    Quote Originally Posted by tblues2005 View Post
    The posters that live in Costa Rica can answer these questions because they know the laws there.

    1.5 million sure buys law in your favor

  15. #15
    manny24
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    Quote Originally Posted by darkhat View Post
    manner has stepped up his A game

    manner is no longer playing games
    wherever darker leads manner follows

  16. #16
    SportsMushroom
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    Quote Originally Posted by manny24 View Post
    shroomer most of the money was in the fixtures and fittings which are now in tonto shawn's private island home

    shroomer some may have also been added to the mountainside swiss chalet

    shroomer how much did you drop?
    not enough that my standard of living would be affected

    its not about myself, although I might act like a douchebag around the forum, it actually pains me to see people losing money and I bet you some of those people will face financial difficulties now because they were counting on that money

  17. #17
    tblues2005
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    Quote Originally Posted by Vegas39 View Post
    1.5 million sure buys law in your favor
    maybe. That isn't that much if the government has much more.

  18. #18
    PAULYPOKER
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    5 computers and 1 server won't get you too much

  19. #19
    manny24
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    Quote Originally Posted by Robber View Post
    Would cheers Jon be considered an asset

    Sell him for parts
    the tattoos will likely not be sold as a collection

  20. #20
    Chi_archie
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    Quote Originally Posted by SportsMushroom View Post
    nope, by law when creditors (which players are) are not getting paid they have the right to file for the company to go into administration, the courts apoint a liquidator (sbr was a bad example, probably a local law/accounting firm) to liquidate assets and pay creditors off
    yeah, by US law maybe

    good luck down there

    I'm sure they'll they'll respect the word of JUSTIN7 saying "This is ALL legal folks"

  21. #21
    Chi_archie
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  22. #22
    SportsMushroom
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    Quote Originally Posted by Chi_archie View Post
    yeah, by US law maybe

    good luck down there

    I'm sure they'll they'll respect the word of JUSTIN7 saying "This is ALL legal folks"
    nice one chi


    in all seriousness though

    There are many established forms of declaring bankruptcy in our laws, amongst those are included the application of the very manager or administrator of the company that is in the process of bankruptcy or including a creditor that can prove that the has stopped paying, amongst others, (these being the most common).

    http://www.costaricarealestate24.com...in-costa-rica/


    if betislands indeed has privately owned offices, players can file an application to start liquidation proceedings, not even a building is needed, they'll look into BI bank accounts, if there is any money left they will find it


    isnt justin7 a lawyer and living in costa rica? get his ass in here, unless they want to keep the building to be the new home of the expanding 7redsports, now thate there are many bettors on the rebound they are bound to start expanding
    Last edited by SportsMushroom; 12-20-12 at 09:37 PM.

  23. #23
    Pete0
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    i think they should !

  24. #24
    VegasInsider
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    Did you see the pictures of the 5dimes office???

    It's nothing more than a desk, chair and computer.

    Fukking guys working like animals.

  25. #25
    avanbarksdale
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    sporty just wants his cash

    jon can u pay sporty

    thanks jonny

  26. #26
    Robber
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    Quote Originally Posted by manny24 View Post
    the tattoos will likely not be sold as a collection
    Was thinking of them but not sure if they'd fetch much on the market

  27. #27
    manny24
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    Quote Originally Posted by Robber View Post
    Was thinking of them but not sure if they'd fetch much on the market
    robber sharp

    robber debt before dishonor

  28. #28
    milwaukee mike
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    Quote Originally Posted by Robber View Post
    Would cheers Jon be considered an asset

    Sell him for parts
    i will bid on the knuckles that are tattooed with "fukk pigs"

  29. #29
    manny24
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    Quote Originally Posted by milwaukee mike View Post
    i will bid on the knuckles that are tattooed with "fukk pigs"
    miker i got jon/shawn/wager chief/rossi/7red clerk for secret santa

    miker i hope he likes them

    miker cheers!


  30. #30
    Duff85
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    Quote Originally Posted by milwaukee mike View Post
    i will bid on the knuckles that are tattooed with "fukk pigs"
    Guy does look like a retarded tool.

  31. #31
    shaunovery
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    Let's face it bi players done there cash move on

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