Pirate Bay acquisition gets approval

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Pirate Bay acquisition gets approval

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The following comments relate to this news article:

Pirate Bay acquisition gets approval

article published on 28 August, 2009

Global Gaming Factory X (GGF) stockholders have approved the company's decision to purchase the torrent tracker The Pirate Bay today, a non-surprising event given the fact that CEO Hans Pandeya owns the majority of the shares. The buy price is 60 million Swedish kronor ($8.2 million USD) but questions still linger as to where the money will come from, and whether the stock will be delisted ... [ read the full article ]

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DXR88

Senior Member

4 product reviews

29. August 2009 @ 00:13

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Quote:
There is also questions as to whether the new legal Pirate Bay can actually work

if in your world tree's talk, pigs fly and dragons exist then sure a legal pirate bay will work.

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xnonsuchx

Senior Member

29. August 2009 @ 00:43

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"There is also questions"???

Yes, there be some. ;-)

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cart0181

Member

29. August 2009 @ 14:05

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There IS a single question.
There ARE multiple questions.

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joe777

Member

29. August 2009 @ 17:45

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Ah again we hear the deal is back on, or is it the deal is now off. There is no deal!!!!!! This plonker from GGF just had his car and motorbike repossessed from the swedish tax-man. And all this nonsense over funding? There is no funding. And all the nonsense over directors voting whether the deal will go ahead? Hans and his wife own more than 60% of GGF's shares, so where does a vote take you? GGF used this whole charade to do a bit of insider trading, thats why the swedes have suspended trading for them and are considering pulling the plug on the company. TPB boys were along for the ride and to make the cartels think they would get the money from the sale to pay the fines owed to them. The cartels took it hook line and sinker and the boys are laughing at them. If anyone would like to follow whats going on then head over to www.torrentfreak.com theres a plethora of news there on this over there.

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Josipher

Member

30. August 2009 @ 06:01

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i just wish they'd sell and fail already and then we wouldnt have to hear about it anymore ..

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borhan9

AfterDawn Addict

6 product reviews

1. September 2009 @ 01:46

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I have a feeling if The pirate bay goes this way it will become the next napster and it will lose massive amounts of traffic.

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