Buy Quirmbach Stock!

[Quirmbach]

So as some of you have already seen from the rail call I posted on Easter, I snagged a seat to the main event. As most of you also know, I should probably not be actually playing the event because its too big for my bankroll. Unfortunately, I simply cannot help myself. Sooooooo... I'm selling shares.

I got this idea from E.J (cardsfan) who sold $25 shares to the last 10k buy in tournament he won. I am actually copying his deal nearly exactly... He offered 400 shares at a 70/30 split to the investor. I have a lot of friends/family/local support that will want to pick up some of the action, but any of you folks who are crazy enough to pick up a share(s) are more than welcome to do so, and even appriciated.

For those of you who don't know me, my name is Charlie Quirmbach. I'm a tournament-only player on fulltilt, and my stats are all listed on OPR. I am twenty three and recently took a break from school to play full time. I am more than willing to give my personal information to any investors, and provide references to ensure my honesty and your safe return on your investment.

I'll be breathing poker and playing in every live and online event I can touch until the WSOP.

So, if any of you are interested in taking some of my ME action, this would be the thread to post it. Thanks for the interest folks.

Below is the website to learn more....

Charlie Quirmbach's World Series of Poker 2009

[DevilFish73]

So make this simple for me if I bought two shares and you won 300k how much would I get?

[cardsfan04]

Originally Posted by Galactus X

So make this simple for me if I bought two shares and you won 300k how much would I get?

$1015 + $50 (stakeback)

300K is 30x 10K, so $1500 is 30x $50

So, $1500 is the pre-cut value of 2 shares.
$1450 is the profit.

$1450 x .7 = $1015 + $50= $1065

-----Added 14 Apr 2009 at 03:41:26-----

One thing you should consider that I didn't think about earlier is taxes. When I played teh PCA, there were no taxes taken out of anybody's winnings.

But, if you cash big in the WSOP, you will be given a 1099 and winnings will likely be withheld.

The standard in all of my WSOP staking deals is to take 25% profit off the top for taxes, as you'll have to pay taxes on what you cash regardless of being staked.

However, if you fill out a W2G (I think that's the form, but might be wrong), you can declare group winnings (kinda like winning the lottery when a group of people put money in w/ the intention of chopping the winnings). To do that, you could give people money back pre-tax (which people would prefer), but you would need their SSN's and a gambling accountant (which I probably could set you up with). I had a piece of somebody's WSOP last year, and they took 4th in an event, and he did the pre-tax thing.

-----Added 14 Apr 2009 at 03:47:20-----

also, I will likely take a piece, but need to wait until closer to the time to know how much. A lot will depend on how I and my investments do at the WSOP.

[DevilFish73]

Charlie I will most likely purchase 4/5 shares but it will also be a little closer to your date..

[Quirmbach]

Take all the time you need, friends. I just wanted to post it early so I'd have somewhere to keep track.

[Lorcat2]

I guess I would be a little interested in a few shares. Just a few things. I know you are a great online MTT player, could you list some cashes/experience you have had in big live MTTs with large fields.

[peroxide_stings]

Originally Posted by Galactus X

Charlie I will most likely purchase 4/5 shares but it will also be a little closer to your date..

I'm with Ben here...def. interested

[DaDragonLady]

Q - I will def back you... 4 or 8 shares, whichever you need...
BTW - do you play limit as well? There is a $200 charity team event (limit & Omaha8) at O11 in Sept - we could play together... I came in 14th last year, just out of the money cause my partner decided to make a move instead of wait till we were in the money...agh!
How do we get the money to you? I have paypal or can mail you a check.... Can't use FT cause I never have that much in account...lol

[Quirmbach]

Originally Posted by Lorcat2

I guess I would be a little interested in a few shares. Just a few things. I know you are a great online MTT player, could you list some cashes/experience you have had in big live MTTs with large fields.

This is a question I should have already answered, thanks Lorcat.

To be honest, I have very limited experience in high stakes live tournaments. I play in a ton of the local donkaments at the casino and countless hours of homegames, so I'm not new to live play, but large tournament experience is something that I am lacking. To help remedy this, I am going to be playing in a ton of larger live events in LA and Las Vegas until the ME, including a few smaller WSOP events (hopefully). I will keep you all posted on how they go.