* The situation with TNA is reportedly “coming to a head.” The company is trying to sell shares to raise money and keep the company going. They are also seeking new ownership that would hopefully put more money into the company, but Dixie Carter is also hoping to keep the chairman role.
* TNA has been working on the situation for some time. As previously reported.
* Billy Corgan bought into the company prior to the last tapings and is a minority owner. Aerolux has also put money into the company and is a minority owner.
* They say that those close to the situation have said that the sale is closer than ever.
* The company is running “business as usual,” and talent has been paid on time. The issue has been the money for the TV tapings, which led to Corgan’s investment last month.
Edited By Supreme Ruler Negan.
