A mysterious press release popped up on Business Wire yesterday that claimed Hans Pandeya, who last summer failed to buy The Pirate Bay, has returned with another bid to acquire the infamous site. Pandeya - the CEO of Global Gaming Factory X AB (GGF), which last October botched efforts to raise enough money to buy The Pirate Bay …
If at First, you don't Succeed ..... Launch a Trojan?
Errr , the new action ....."“Consideration for the purchase is being paid with a promissory note in the principal amount of USD $10M with a maturity date of June 30, 2010,” it claimed.
“The Company intends to use the acquired assets to launch a paid for service with licensed content based on next generation filesharing technology. The acquisition is subject to GGF's completion of its acquisition of The Pirate Bay which is also expected to occur on June 30, 2010.”" ...... seems much like a carbon copy of the last action ...... "On 30 June 2009, Global Gaming Factory X announced its intention to buy the popular BitTorrent site The Pirate Bay. It also announced its intention to buy shares of Swedish P2P company Peerialism AB. Peerialism develops solutions for data distribution and distributed storage based on new P2P technology. The transaction is planned to take place in August 2009.
One week prior to the announcement, trading in GGF's stock was shut down after an unusually large rise in the volume of trades. The company is suspected of insider trading." .... http://en.wikipedia.org/wiki/Global_Gaming_Factory_X ...... and only slightly different in Global Gaming terms.
Why the big fuss over the PB?
BTJunkie has always been the best torrent site.
From Small Acorns ........do Bloody Great Colossal Oaks grow
"Why the big fuss over the PB?
BTJunkie has always been the best torrent site." .... Anonymous Coward Posted Wednesday 28th April 2010 13:16 GMT
Who says it is just a competitive torrent site, AC?
Why, «infamous», Kelly ?
It is not unlikely that the MPAA and RIAA regard the Pirate Bay as «infamous», but rest assured that there are many users and Reg readers who do not (but who would find the use of this particular adjective to describe both the MPAA and the RIAA entirely appropriate). The Reg would serve its readers better if it could learn to keep the editorialising out of news reports and reserve it for leader columns....