FTP just went down... Hard.

[Alexos]

Yes, but how many deal in saving internet-based businesses with few tangible assets in an oddly regulated and somewhat shady environment, no liquid cash to pay debts, a current inability to operate and earn revenue and pending legal bills out the wazoo? It's a unique situation.

It's a tough looking environment just given what we know and there's so much that we don't know. How many other creditors are out there, aside from having to pay back player balances? This is particularly concerning, imo. Will well-known pros continue to associate with FTP? This had much to do with the brand for the casual player. We know Ivey won't. Stars would be smart to snatch these guys up asap.

As for the quick $1M/day math guy, if it were that simple, it would have been purchased by now. GM made $400M a day in 2008. Did that make them a 400x no-doubt good buy?

meh its a big, multi-billion dollar industry, and FTP is still a good brand with decent value. If a reputable company buys it and we get rid of current upper management, ppl will come back to it for sure.

id say there is lots of interest if it goes on sale

[BennyLaRue]

id say there is lots of interest if it goes on sale

Supposedly, they've been trying to raise capital for months with no success.