You lost me, so I want to get this straight.
1. We post our FC and name then get put in a group. We fight the person while a 3rd party watches, then post the results on the site.
2. Elimination bracket comes around, we just pretty much do the same thing; fight, post results, sit back with a Coke and wait for the next match if we win?
Doesn't sound too hard. I've been in different game tournaments before, but they were smaller and all we had to do was request the attention of our opponent in a topic (different site), fight, and prepare for the next match.