Going to paste some of the email I received:
All player accounts are 100% secure.
At some point in the future – my guess is 45 – 60 days – players will have their accounts transferred to Absolute Poker and the VP247 site will cease to operate.
The transition of players will include provisions for multiple accounts, duplicate payment info, etc. This is being worked on now.
Players tagged to affiliates will retain that tag for as long as the players keep that player account active. If they close their account and open another, or transfer funds to another existing AP account (their choice, this will not be a requirement), then the affiliate tagged to their other account will of course retain that business.
My understanding is that some sort of incentive will be offered to ensure players make the transition smoothly and to help retain these accounts for our affiliates.

THINK WE SHOULD STAY AWAY FROM THEM FOR NOW!!