[bigboydan]

No-pay exchange AllSportsMarket (SBR rating D-) closing; owner claims balances will be transferred to company shares in new venture "soon"

AllSportsMarket owner outlined company problems in a message to balance holders but did not mention its failure to pay users. Players have been waiting for funds since 2007. The message states that AllSportsMarket will close due to legal issues and user account balances will be transferred to stock in a new sports investment exchange product in the future.

[masp]

Have anyone News about this ? ....
I had lot of Money at AllSportsMarket.com ....

[Santo]

http://thenewsportseconomy.com is the only current source of information I believe - see http://thenewsportseconomy.com/2010/...march-31-2011/

[masp]

Thank you, thats good News....
But, i lost my LogIn and the Lost Password Option can´t help me :-(....

[chase hardy]

hope yall get your money.

[noyb]

Thank you, thats good News....

they want to give you either shares or debt in what appears to be a completely worthless company. not sure where the good news is.

[masp]

Better than nothing ....

Now i need still an eMailadress to contact ....

[Santo]

The site doesn't use ASM logins, you have to register a new account and just provide your real name in the relevant box to match account details.

I did OK out of ASM when they were operating, but in their current state they're more like a penny stock -- more hope that something happens than expectation - the idea was good, the execution was a bit too close to gambling hence some of the problems they had (other problems were their own doing).

[masp]

The site doesn't use ASM logins, you have to register a new account and just provide your real name in the relevant box to match account details.

I did OK out of ASM when they were operating, but in their current state they're more like a penny stock -- more hope that something happens than expectation - the idea was good, the execution was a bit too close to gambling hence some of the problems they had (other problems were their own doing).

Oh, ok

[jackkkk2009]

Do you guys really believe they will transfer your balance to their new company later afte closing?

[Santo]

Nothing to lose, just giving them info they already have.

[masp]

Is a withdraw also possible ?

[masp]

Compliant former AllSportsMarket (ASM) trading account holders will  be offered two (2) options for the final legal settlement of open  balances:

Exchange of common stock in Crystal World Holdings,  Inc. (Washington, D.C.) for trader cash and sports derivative contract  open balances. This excludes ASMA1 which was previously conveyed. My  personal CWH common stock will be used and exchanged at a rate of $2.00  per share. This assumes the scheduled 40 to 1 split and a minimum  listing price of $2.00 per common share. Sports derivatives will be  valued at last tick at market shutdown. These common shares will be  drawn from my personal holdings and a legal document will be executed to  convey the transfer. A full release of liability and agreement to full  settlement will be required by each ASM trader accepting the offer.
A  debt instrument will be executed describing the total sum of cash and  sports derivatives (at last market tick) payable on the books of Crystal  World Holdings, Inc. owing the total original balance plus interest at a  rate of 6% per annum from market suspension until fully paid. A full  release of liability and agreement to full settlement will be required  by each trader accepting the offer.

What is the best opinion ?

[masp]

So, now i take #2 and hope

[masp]

No-pay exchange AllSportsMarket (SBR rating D-) closing; owner claims balances will be transferred to company shares in new venture "soon"

Is this the new Company -> http://www.oddsfutures.com ?

[masp]

Any news ?