Michael Hart Just another WordPress weblog (quite literally) (No—Seriously!)

30Jul/09

The Pirate Bay May Be Renamed?

Just when I was beginning to think that the deal was dead before it was even completed, the lunatics at GGF have revealed some even more discomforting comments.

Pirate BaySoulxtc writes, "Global Gaming Factory insists that not only does it have enough cash to complete the deal, but that it'll be completed August 27th and may actually change its name in order to take advantage of the Swedish BitTorrent tracker site's popularity."

The deal really looked like a goner, as one of the former partners made this statement:

“I and my colleagues have very strong doubts that the funding is in place,” said Wayne Rosso, the former CEO of Grokster who had been brought in to negotiate deals with the entertainment industry. “And there are other issues regarding Mr. Pandeya’s credibility that trouble us greatly.”

This story continues to amuse me. I'm thinking Hans Pandeya is setting himself up to be the biggest failure of all time, although he insists that GGF has “plenty of investors interested in this.”

Read more over at ZeroPaid.com.

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