Comments on: GGF Stock Delisted from Swedish Stock Exchange

By: Pandeya Reattempts to Buy Pirate Bay, Turn Legit

Pandeya Reattempts to Buy Pirate Bay, Turn Legit — Wed, 28 Apr 2010 17:40:28 +0000

[...] month later GGF was even delisted from the Swedish Stock Exchange for its “systematic impression of a lack of accountability [...]

By: 2009 – A ZeroPaid Year In Review – Part 3 of 3

2009 – A ZeroPaid Year In Review – Part 3 of 3 — Tue, 05 Jan 2010 09:46:01 +0000

[...] continued with the acquisition of ThePirateBay when GGF was delisted from the Swedish stock exchange. Keeping ThePirateBay accessible for all was under attack, but one Swedish ISP did appeal a court [...]

By: GGF Admits Pirate Bay Deal “Uncertain”

GGF Admits Pirate Bay Deal “Uncertain” — Wed, 07 Oct 2009 18:29:15 +0000

[...] would later be delisted from Aktietorget, the stock market where it was traded, after it couldn’t prove that 60 [...]

By: soulxtc

soulxtc — Thu, 10 Sep 2009 00:41:38 +0000

Swedish cops are looking into that > http://www.zeropaid.com/news/86885/ggf-deal-gets-murkier-cops-suspect-insider-trading/

By: Fausty | torrentfreedom.net

Fausty | torrentfreedom.net — Thu, 10 Sep 2009 00:26:51 +0000

On July 2nd, I outlined in a publicly-posted article the overwhelming evidence that this “sale” of TPB was nothing more than a pump and dump scheme to make quick money selling stock on the news of the announcement:

http://www.cultureghost.org/viewtopic.php?f=17&t=2699

Such a scheme is critically dependent on a gullible press that simply repeats what press releases say, instead of doing enough research to determine the facts. I notified pretty much all the major filesharing community news sites of my arguments and factual evidence for the pump and dump scheme. Only one – p2pnet.com – ever bothered to report on the many red flags the “saie” raised.

It really is a shame that some shareholders got scammed in the process – and for every scammed shareholder who bought the stock after the press “reported” it was a “done” deal and so forth, someone on the other side of the deal made money. Who? I don’t know – but that’s the only interesting question at this point.

At the least, this whole episode has been a wake-up call for the gullibility of the journalists who failed so badly to report on the full picture. It’s not that they didn’t have access to the data – heck, I put it all into a post and emailed/posted links to that post far and wide. None of them wrote back to gather more data, question my analysis, etc. It was simply ignored.

Oh well. You know it’s bad when a non-journalist dilettante like me does a better job analyzing a story like this than do people who are supposed to write and research stories as a professional, paid career. Some folks, like Ernesto at TF, just got caught up in the hype of TPB – but others, I suspect, simply didn’t bother to listen to a diversity of analysis. Shame on them.

Fausty | http://www.cultureghost.org