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The Almighty Buck

Pirate Bay Buyer Chairman Resigns 65

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 '' today, CEO Hans Pandeya says that the deal is still on."

Numeric stability is probably not all that important when you're guessing.