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WPT May Face $1 Million Penalty for C...

20.08.09

As part of an agreement forged between World Poker Tour Enterprises (WPTE) and Gamynia Limited earlier this month, WPTE officials may be subject to a $1 million penalty should the company call off the sale.

On August 3rd, a filing to the Securities and Exchange Commission (SEC) obtained by Poker News Daily notes, “If Buyer terminates this Agreement… within five (5) Business Days after the date of such termination, Seller shall pay the amount of One Million Dollars (US$1,000,000)… by wire transfer of immediately available funds to one or more accounts specified by Buyer in writing.” As revealed in an SEC filing on Tuesday by WPTE, the company had received an “alternative acquisition proposal.” No details of the second WPTE bid were given, although information should be released in the near future.

If Gamynia Limited were to back out of the deal, it would be subject to the $1 million termination fee. Gamynia

Source: Poker News Daily

Cyprus Property For Sale Fuel

Fuel prices have risen sharply this week. Diesel and petrol have risen 3.4% this week and 16% over the last three months. There is a body called the Commision for the Protection of Competition in Cyprus and they have produced a report targeting the four fuel suppliers and if price fixes have occured illegally or legally. A fine could be imposed upon the fuel companies in due course.

Source: Cyprus Property For Sale Fuel

Source: Cyprus Property For Sale - Cyprus Property

Sell Cyprus Property - News

Paying for my developers illegalities Cyprus Property News Magazine - Jan 01, 1970 table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGgQ-U5dzdHDgP4p_G4pGuzELpY8Qamp;url=http://www.news.cyprus-property-buyers.com/2012/02/04/paying-for-my-developers-illegalities/id%3D0010576bPaying for my developer#39;s illegalities/b/abr /font size=-1bfont color=#6f6f6fCyprus Property News Magazine/font/b/fontbr /font size=-1An illegal bhouse/b can#39;t get Title Deeds, therefore I would have to bsell/b back to the developer at a loss. To legalise the situation, I now have to pay an ETEK registered architect to submit a statement of intent. I must then pay the architect to submit b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dxzU_OsGIXjtnPMamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

Seeking a real big Spender Sydney Morning Herald - Jan 01, 1970 table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG1AffPcOaIUDlkVTi8MIRkhAb6Hwamp;url=http://www.smh.com.au/domain/real-estate-news/seeking-a-real-big-spender-20120203-1qw2z.htmlbSeeking a real big Spender/b/abr /font size=-1bfont color=#6f6f6fSydney Morning Herald/font/b/fontbr /font size=-1Headingley bHouse/b, one of the most coveted estates in Woollahra, is for bsale/b for the first time since the Kater family, from rural NSW, bsold/b the bproperty/b to the late Sir Percy Spender for £11676 in December 1949. Listed by his son, John Spender, QC, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dc68jT2xsquuW5Mamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Cyprus May Sell Majority Stake in Airline, Phileleftheros Says Bloomberg - Jan 01, 1970 table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGEwzGgiC2eo8Z_cB-xjk63F4TlKQamp;url=http://www.financialmirror.com/news-details.php?nid%3D25625img src=//nt3.ggpht.com/news/tbn/0zntSabJSDXQDM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Financial Mirror/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHSOEQcW16FNRDfyPZgQgbPVmYAnAamp;url=http://www.bloomberg.com/news/2012-02-02/cyprus-may-sell-majority-stake-in-airline-phileleftheros-says.htmlbbCyprus/b May bSell/b Majority Stake in Airline, Phileleftheros Says/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1bCyprus/b may bsell/b a majority stake in state-controlled bCyprus/b Airways Ltd., Phileleftheros reported, citing Finance Minister Kikis Kazamias. In the next two weeks Kazamias will submit a proposal to the cabinet allowing for the stake to be bsold/b to b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGEwzGgiC2eo8Z_cB-xjk63F4TlKQamp;url=http://www.financialmirror.com/news-details.php?nid%3D25625Gov#39;t to bsell/b stake in troubled bCyprus/b Airways/afont size=-1 color=#6f6f6fnobrFinancial Mirror/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dZm523oFRhuwXjMVKAK83zoSmVoXMamp;ned=usnobrball 12 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Home sells for $1.6 million in 2 months OCRegister - Jan 01, 1970 table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE7zje8wg5LQlbZS9uabVXOo9XDRQamp;url=http://www.ocregister.com/articles/sells-338452-home-million.htmlbHome bsells/b for $1.6 million in 2 months/b/abr /font size=-1bfont color=#6f6f6fOCRegister/font/b/fontbr /font size=-1b/b beach-oriented community bCyprus/b Cove bsold/b last month for $1.65 million, according to the MLS. Located on Calle Del Establo, the two-level home took less than two months to bsell/b. The bproperty/b offers 4 bedrooms, 4 bathrooms, 3340 square feet of b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dCIMb3fFnoaZDHMamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

Cyprus Airways open to offers Famagusta Gazette - Jan 01, 1970 table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF29pBLLb7jtXRciu9_RX_qiiIPSAamp;url=http://famagusta-gazette.com/cyprus-airways-open-to-offers-p14388-69.htmimg src=//nt3.ggpht.com/news/tbn/F5PoL95HBgUnfM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Famagusta Gazette/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF29pBLLb7jtXRciu9_RX_qiiIPSAamp;url=http://famagusta-gazette.com/cyprus-airways-open-to-offers-p14388-69.htmbbCyprus/b Airways open to offers/b/abr /font size=-1bfont color=#6f6f6fFamagusta Gazette/font/b/fontbr /font size=-1Minister of Finance Kikis Kazamias has said that his Ministry has prepared a proposal to the Cabinet to bsell/b the majority of bCyprus/b Airways shares. “We have already prepared a proposal for the Cabinet to consider at a future meeting./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNESTdDxJgs7joyzeaFEMCIh_jmsoQamp;url=http://www.centreforaviation.com/news/cyprus-may-sell-majority-stake-in-cyrpus-airways-report-139591bCyprus/b may bsell/b majority stake in Cyrpus Airways: report/afont size=-1 color=#6f6f6fnobrCAPA - Centre for Aviation/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dNEObUkV4m9lxMM0ZvTvdQh80wlyMamp;ned=usnobrball 5 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table