Global Gaming Factory (GGF) made headlines last year when it announced plans to purchase the infamous torrent tracker The Pirate Bay for $7.8 million.

The acquisition failed when CEO Hans Pandeya could not come up with the money by a certain deadline.

Pandeya wanted to turn Pirate Bay into a legal media store, using the site's popularity and traffic to its advantage.

TF posted today that Pandeya had moved on to another popular tracker, wanting to purchase the huge semi-private Demonoid tracker.

"I have finally managed to get some funds in place and want to acquire Demonoid and some other sites to execute my plans. I lost a year and a fortune due to Aktietorget's [the equity marketplace] acrobatics during my attempt to acquire The Pirate Bay in 2009 but I think it is still not too late to acquire and convert torrent sites," said Pandeya.

Demonoid, however, has no plans to be sold. Finishes TF: We were told that he has no intention to sell the site to Global Gaming Factory. This means that Pandeya has to find another candidate to carry out his plans. Demonoid will remain as it is.

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