Full marks to community member dercoss, who dropped into the site a week ago to give us a handy tip about the resignation of Hugh Paterson, erstwhile CEO of internet service provider Biscit.
For those unfamiliar with Biscit, it's the ISP which bought up V21 last year, only to have V21's wholesale supplier Netservices cut it off over some longstanding "burst bandwidth" charges. Paterson then accused Netservices of playing dirty by trying to force V21's customers onto another Netservices-supplied ISP, ezeeDSL. You see, Biscit has its own pipes and doesn't really need Netservices' supply at all.
So far, so complicated. Anyway, back to last week. After we reported problems that some overcharged Biscit customers were having with bouncing cheques, dercoss signed up to the site to comment that Paterson had in fact now left the board.
Now, of course we love our members giving us leads, and we follow them up whenever possible. A few days after dercoss's missive (and about three days ago now), we managed to get hold of Biscit, only to be informed by the nice lady on the other end of the line that "as far as I know, everything is as it was". Paterson was also not answering his phones. Cue large hmmmmm. But that's the way the, er, biscuit crumbles - no solid verification, no story.
And today? Voila! Paterson has indeed resigned, so he can "concentrate on future developments".
If precedent is anything to go by, you can rely on us and our members to keep you informed of such developments first...