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Pirate Bay Buyer Chairman Resigns
Xemu writes "Global Gaming Factory X (GGF), the company that plans to purchase Swedish file-sharing site The Pirate Bay,
has encountered an additional setback. Last week trading in GGF stock were suspended due to suspected insider trading. On Friday, Magnus Bergman, GGF chairman, submitted his resignation to the Swedish Companies Registration Office. Bergman's resignation is the latest in a series after the previous departures of board member Johan Sällström and adviser Wayne Rosso. The CEO of GGF, Hans Pandeya, is being pursued by the Swedish enforcement service for mounting unpaid debts. In an interview with the Swedish business daily 'di.se' today, CEO Hans Pandeya says that the deal is still on."
Trying to get pirates to pay for their media does not succeed.
"Going to war without the French is like going deer hunting without your accordion." ~General Norman Schwarzkopf
The CEO of GGF, Hans Pandeya, is being pursued by the Swedish enforcement service for mounting unpaid debts. In an interview with the Swedish business daily 'di.se' today, CEO Hans Pandeya says that the deal is still on.
Are you sure about that Hans? Really? Only those armed Enforcement Officers coming towards your office would seem to suggest otherwise...
You can advertise in this sig from as little as £99.99 a month!
Thar be a conflict of intrest thar!
It looks almost as if they publicized the whole PB deal just to inflate the shares of the company, and then one by one leave the company (with the proceeds in their pockets maybe?)... Classical case of Enron-itis.
Pirates are trying to buy other pirates
It is the universe that makes fun of us all.
Been down for a few days now far as I can tell. No idea if there is relation or just a random event, but usually it doesn't just go down.
"It looks almost as if they publicized the whole PB deal just to inflate the shares of the company, and then one by one leave the company (with the proceeds in their pockets maybe?)... Classical case of Enron-itis"
Pure speculation on your half and Enron was never about falsely inflating the stock but outright fraud as in they cooked up fake trades that were actually between subsidiaries of Enron, a classic shell game.
--
Citibank Hack Blamed for Alleged ATM Crime Spree">
Hackers breach Heartland Payment credit card system
davecb5620@gmail.com
Sounds more like Pie-rats to me.
Last week trading in GGF stock were suspended due to suspected insider trading.
Maybe they'll make the perpetrators walk the plank.
(Oh come on, I'm allowed to do that joke once)
Summation 2
kdawson, is that you?
Sorry this long ago feel into the who really cares category.
Talk to me, where are my detonators? Where are they, or shall I shoot another one?
Go **** yourself, Hans.
I wonder what will happen if The Pirate Bay is closed down or turned into a site for legal torrents. A lot of the other torrent sites relies on the Pirate Bay tracker. What other large, public bittorrent trackers (not just .torrent mirrors) are there?
Either that or I have a very shitty connection right now. Anybody to confirm?
at the sight of this deal. it stinks like napster, wont make any money after its ground slowly through regulatory gears, and still has plenty of people interested in pummelling it in and around the court systems of various countries until it cant upset the dominant business model of entertainment and information. the pirate bay is just ugly from all sides, but many of the things they say about torrents are precisely the same things theyve said about grammaphones, tapes, dvr, and even cable TV. corporations fight these things not because theyre new and frightening methods of giving consumers choice and opportunity in a free market, but because they haven't figured out a way to patent, dominate, license, and control the system in a way that promotes revenue and profit...
in short, you have freedoms, it takes time to restructure the definition of your freedoms and interests so that a business model becomes an integral element of them, and its expensive and time consuming to do it every time something new comes along.
Good people go to bed earlier.
I can't even access the TPB site at all.
Is it just gone now?
"*knock knock knock* It's Dave!"
"Dave's not here!"
It's not rape if you want it.
The whole deal never made any sense anyways. Like many of you said, why would people start paying for something they originally got for free. Because now it would be legit? The people downloading illegally never wanted to be legit in the first place..otherwise they would have gone to a store....
you know you can fry stuff putting things into things that dont like the things you put into it...
The Pirate Bay is too big to fail!
If the record companies and friends are trying to kill the pirate bay, the intention to start a pay model is sure to do just that... I wonder now if there was even any intention to "legalize" or "legitimize" the pirate bay, or if this was all just a ploy to expedite the site's death without having to go as much through the legal system.
Swedish Internet bandwidth reseller Black Internet has been ordered today by the swedish court Tingsrätten to cut of access to The Pirate Bay, or face a fine of 500000 SEK (approx. $70870.5).
http://www.idg.se/2.1085/1.242518/pirate-bay-borta-fran-nate (link in swedish).
The same as above machine translated by Google
Slagborr
Agreed. I think it's "accidental lightening". With a brick and mortar shop when things turn sour and you don't want anything left for your creditors to take, you set a fire in the stock room. This is the same thing but with an on-line concern instead of bricks and mortar. The end result will be identical though, nothing but ashes. Fitting in a way.
"The ferrets, they're every where I tell you!"
Popular file-sharing site The Pirate Bay was disconnected from the Internet on Monday. http://www.swedishwire.com/business/803-the-pirate-bay-website-shut-down
Every time I see one of these articles, I like to remind folks of a newer technology that seems to work really well: OneSwarm It does not require a central tracker. It totally kicks butt. The lack of a central tracker is a plus and a minus, though. It needs a web interface so that the noobs can join in with less pain.
Currently hooked on AMP
Unless he's underage. His brain certainly is.
A good education is a bit like a STD - it makes you unsuitable for a lot of jobs and gives you a desire to spread it.
Wow, their new business deal may not go through? The site has been shut down (again)? So many surprises! This is going to be horribly inconvenient, having to be slightly circumspect when we want to download stuff "illegally." I bet the *AAs have won, this time!
myspace.com/johnnyfreakingcocaine
They where offline for about 2 hours.