INTERVIEW IN FULL TILT MAGAZINE
As you can see, I've been interviewed by Full Tilt magazine for their April issue. Well worth reading!
LONDON, UK, March 21, 2006
IGV Limited, (privately held) announced today the acquisition of www.ImperialPoker.com. Imperial Poker will undergo a re-branding and will be consolidated with the company’s existing web site, www.PokerSyndicate.com.
Founded by an avid group of poker professionals that grew tired of seeing the poker player taken advantage of online, www.PokerSyndicate.com has launched a novel, proprietary concept that will revolutionize the industry.
www.PokerSyndicate.com is a "For Players...by Players" player friendly site. It is the only site in the world that is 100% owned by those who play on the site. It is not only the site you play on. It is the site you own. The concept is simple. Poker sites make money by charging, either, a rake at the cash game tables or a tournament entry fee. Every time one of the players logs on and plays at www.PokerSyndicate.com, they will receive a credit back of 50% of all of the rake they paid and the entry fee they paid, in the form of stockholder equity ownership in the site. "The more you play, the more you own".
This is not a profit sharing scheme, nor a participation of profits that go into a trust, and the players receive a small piece. It is hard equity ownership. It is the players to keep and do with as they please. If a player stops playing on the site, the player still retains the shares they have earned and will continue to receive dividends. In fact, not only do the players participate in the appreciated value of their share ownership, the Company has announced that it will continuously distribute a minimum of 50% of all profits derived, to shareholders on a quarterly basis, beginning the end of the third fiscal Quarter, September 30, 2006.
The company is very optimistic as to its future success. The reception from the Poker Community has, thus far, been very favorable, and specifically, the Company’s proprietary concept has been extremely well received.