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Post by The Ultimate Nullifier on Nov 3, 2016 12:53:51 GMT -6
www.sescoops.com/tna-billy-corgan-departure-fight-network-credit-facility/TNA Announces Departure of Billy Corgan, Details of Deal with Anthem On Thursday afternoon, Impact Ventures (the parent company of TNA) and Anthem Sports and Entertainment (the parent company of The Fight Network) issued the following joint statement: Anthem Sports & Entertainment and Impact Ventures Announce Credit Relationship Toronto, Canada (November 3, 2016) – Anthem Sports & Entertainment Corp. and Impact Ventures, parent company of TNA Impact Wrestling, today announced that Anthem has provided a credit facility to TNA to fund operations. Anthem Sports & Entertainment Corp. is a global sports media company that operates Fight Network, Impact Wrestling’s exclusive broadcaster in Canada, as well as the exclusive worldwide digital streaming partner for all TNA programming. It is also an equity stakeholder of Impact Ventures. The agreement includes the appointment of Anthem Executive Vice President Ed Nordholm to the Impact Ventures Board of Managers. The company will be managed by the Board with Mr. Nordholm representing the Board on all major operating and restructuring decisions. Dixie Carter will continue as Chair of the Company, as well as her position on the Board of Managers. Billy Corgan is no longer with the company. “We have had a successful, long-term partnership with Fight Network as our Canadian broadcaster, and more recently as our global digital partner,” said Dixie Carter. “Anthem’s team has extensive media experience, and I am excited to have that available to us as we plan for the future.” “We have consistently maintained that investing in content as we grow our distribution is important as a strategic necessity, and working more closely with a strong brand like TNA is in line with that. This financing is an extension of the support we have been providing since the beginning of the year,” said Leonard Asper, CEO of Anthem. “There are tremendous opportunities to support the company’s growth on all platforms and in all media along side Dixie and the incredible talent and staff at TNA.” The key takeaways there are: Billy Corgan is gone from TNA. From the statement, it’s not clear if his loan has been repaid, although the deadline on the actual loan paperwork was Tuesday (November 1st). On Twitter, Corgan is claiming that he hasn’t been repaid yet: Follow WPC ✔ @billy FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to 'get $ together' 12:37 PM - 3 Nov 2016 196 196 Retweets 170 170 likes Follow WPC ✔ @billy Upon which, (yesterday or today) they'd 'reach out directly' to settle ALL claims. So they lied again and have used the time as a weapon 12:39 PM - 3 Nov 2016 143 143 Retweets 118 118 likes Follow WPC ✔ @billy FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity 12:42 PM - 3 Nov 2016 188 188 Retweets 189 189 likes In addition to being a TNA shareholder, which we already knew, Anthem is providing a credit facility to the company. Investopedia defines a credit facility as “a type of loan made in a business or corporate finance context, including revolving credit, term loans, committed facilities, letters of credit and most retail credit accounts.” The key, however, is that they’re usually “in conjunction with closing a round of equity financing or raising money by selling shares of its stock.” We don’t know yet if Anthem is now the majority owner, but if they aren’t yet, this suggests that they’re in the process of making that deal happen. As of Monday, Anthem owned 2.5%, with Aroluxe Media owning 5% and Dixie Carter owning 92.5%. There is no mention of Aroluxe Media in the press release even though the plan disclosed in court filings had them heavily involved, with Aroluxe’s Jason Brown as Impact Ventures’ new CEO. Brown had already been running the company day to day in an unofficial capacity. Edwin “Ed” Nordholm of Anthem is joining Dixie Carter, Serg Salinas, and Dean Broadhead on Impact’s board of managers. Update 2:10 p.m. ET: When asked for clarification on some of the above, Anthem sent us this statement: Anthem Sports & Entertainment Corp. is a private company and we are not releasing any further comment at this time. We copied TNA’s listed email contact on the initial message, but have not yet heard from them.
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Post by The Ultimate Nullifier on Nov 3, 2016 12:54:31 GMT -6
www.sescoops.com/billy-corgan-comments-on-his-tna-departure/Billy Corgan Comments On His TNA Departure By Brad Davis on November 3, 2016@sescoops Now that Billy Corgan is officially gone from TNA Wrestling, the former company president speaking out regarding his unceremonious departure. With so much of TNA’s dirty laundry being aired out in recent weeks as the results of various court documents being made public, Corgan states that he still has not been paid back by TNA and plans to continue fighting them in court. Corgan was named TNA President less than three months ago and has loaned TNA approximately $1.8 million over the past year to fund TV tapings at the last minute and keep the company afloat. He tweeted on Thursday afternoon: Follow WPC ✔ @billy FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to 'get $ together' 12:37 PM - 3 Nov 2016 196 196 Retweets 170 170 likes Follow WPC ✔ @billy Upon which, (yesterday or today) they'd 'reach out directly' to settle ALL claims. So they lied again and have used the time as a weapon 12:39 PM - 3 Nov 2016 143 143 Retweets 118 118 likes Follow WPC ✔ @billy FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity 12:42 PM - 3 Nov 2016 188 188 Retweets 189 189 likes
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Post by The Ultimate Nullifier on Nov 3, 2016 12:55:37 GMT -6
www.f4wonline.com/tna-news/anthem-announces-funding-tna-billy-corgan-not-done-fighting-yet-223876ANTHEM ANNOUNCES FUNDING OF TNA, BUT BILLY CORGAN NOT DONE FIGHTING YET BY DAVE MELTZER | @davemeltzerwon | NOV 3, 2016 11:54 AM ANTHEM ANNOUNCES FUNDING OF TNA, BUT BILLY CORGAN NOT DONE FIGHTING YET BY DAVE MELTZER | @davemeltzerwon | NOV 3, 2016 11:54 AM TWITTERFACEBOOKGOOGLE+ Billy Corgan Shortly after an email was sent to talent and the staff, Anthem Sports & Entertainment and Impact Wrestling sent out a joint press release Thursday confirming what had previoulsy been stated about Anthem funding the company and taking over. From the release: "Anthem Sports & Entertainment Corp. and Impact Ventures, parent company of TNA Impact Wrestling, today announced that Anthem has provided a credit facility to TNA to fund operations. Anthem Sports & Entertainment Corp. is a global sports media company that operates Fight Network, Impact Wrestling's exclusive broadcaster in Canada, as well as exclusive worldwide digits streaming partner for all TNA programming. It is also an equity stakeholder of Impact Ventures. The agreement includes the appointment of Anthem Executive Vice President Ed Nordholm to the Impact Ventures Board of Managers. The company will be managed by the Board with Mr. Nordholm representing the Board on all major operation and restructuring decisions. Dixie Carter will continue as Chair of the company, a well as her position on the Board of Mangers. Billy Corgan is no longer with the company." "We have had a successful long-term partnership with Fight Network as our Canadian broadcaster, and more recently as our global digital partner," said Dixie Carter. "Anthem's team has extensive media experience, and I am excited to have that available to us as we plan for the future. "We have had consistently maintained that investing in content as we grow our distribution is important as a strategic necessity,and working more closely with a strong brand like TNA is in line with that. This financing is an extension of the support we have been providing since the beginning of the year," said Leonard Asper, CEO of Anthem. "There are tremendous opportunities to support the company's growth on all platforms and in all media alongside Dixie and the incredible talent and staff at TNA." Talent was told that Carter would remain on the board but would no longer be part of day-to-day operations. What is also notable is that Corgan was supposed to be paid back his money owed with interest on Tuesday. As of today, he claimed he had not been paid yet. "FACT: TNA was supposed to pay me two days ago, which they swore in front of a judge," wrote Corgan on Twitter. "Yesterday they asked for a day to get $ together upon which, (yesterday or today), they'd reach out directly to settle all claims. So they lied again and have used the time as a weapon." Corgan is planning on continuing his legal battle for control of the company. "FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 percent equity." A very detailed story on the legal fight and current situation with the company is in the new issue of the Observer, available now for subscribers.
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Post by The Ultimate Nullifier on Nov 3, 2016 13:05:39 GMT -6
www.pwinsider.com/article/105753/anthem-sports-and-impact-wrestling-announce-credit-relationship-states-billy-corgan-is-no-longer-with-tna.html?p=1ANTHEM SPORTS AND IMPACT WRESTLING ANNOUNCE 'CREDIT RELATIONSHIP', STATES BILLY CORGAN IS NO LONGER WITH TNA By Mike Johnson on 2016-11-03 13:13:00 The following press release was issued today basically announcing that Anthem Sports & Entertainment, which is the parent company of the Fight Network, will be funding TNA going forward and that they will also be responsible for all major decisions going forward. While Dixie Carter remains with the company, effectively, she is out of power and Anthem is in control. The press release also states that Billy Corgan is gone from the company, which would lead one to believe he has been paid his loan back. More as we get it, but here is the press release, which was jointly issued by TNA and Anthem: Anthem Sports & Entertainment and Impact Ventures Announce Credit Relationship Toronto, Canada (November 3, 2016) - Anthem Sports & Entertainment Corp. and Impact Ventures, parent company of TNA Impact Wrestling, today announced that Anthem has provided a credit facility to TNA to fund operations. Anthem Sports & Entertainment Corp. is a global sports media company that operates Fight Network, Impact Wrestling’s exclusive broadcaster in Canada, as well as the exclusive worldwide digital streaming partner for all TNA programming. It is also an equity stakeholder of Impact Ventures. The agreement includes the appointment of Anthem Executive Vice President Ed Nordholm to the Impact Ventures Board of Managers. The company will be managed by the Board with Mr. Nordholm representing the Board on all major operating and restructuring decisions. Dixie Carter will continue as Chair of the Company, as well as her position on the Board of Managers. Billy Corgan is no longer with the company. “We have had a successful, long-term partnership with Fight Network as our Canadian broadcaster, and more recently as our global digital partner,” said Dixie Carter. “Anthem’s team has extensive media experience, and I am excited to have that available to us as we plan for the future.” “We have consistently maintained that investing in content as we grow our distribution is important as a strategic necessity, and working more closely with a strong brand like TNA is in line with that. This financing is an extension of the support we have been providing since the beginning of the year,” said Leonard Asper, CEO of Anthem. “There are tremendous opportunities to support the company’s growth on all platforms and in all media along side Dixie and the incredible talent and staff at TNA.” About Anthem Sports & Entertainment Corp. Anthem Sports & Entertainment Corp. is a global leader in operating targeted specialty video channels on linear, digital and mobile platforms with offices and studios in New York, Toronto, Las Vegas and Los Angeles. Anthem’s portfolio includes Fight Network, the world’s premier combat sports channel now broadcasting in the U.S., Canada and over 30 other countries, Fantasy Sports Network (FNTSY), the world’s first and only channel dedicated to fantasy sports, RotoExperts.com, a leader in fantasy sports news and analysis, DailyRoto.com, the most comprehensive and far-reaching daily fantasy sports website and Edge Sport, an extreme and action sports network recently launched in Canada in partnership with IMG. Anthem also has a significant ownership interest in Pursuit Channel, one of the top outdoor channels in the U.S. available in over 40 million homes, and it owns SportsGrid.com, a leader in general sports entertainment commentary. About IMPACT VENTURES IMPACT VENTURES, LLC, is a privately held sports entertainment company that is the parent company to TNA IMPACT Wrestling. Represented by United Talent Agency and based in Nashville, Tenn., IMPACT VENTURES specializes in television properties, events, products, merchandise and music, as well as the management and promotion of professional wrestlers. The roster features such greats as Jeff Hardy, Matt Hardy, EC3, Bobby Lashley, Drew Galloway, James Storm, the high-flying X-Division, Gail Kim and the lethal Knockouts. Its highly successful flagship show, IMPACT WRESTLING, broadcasts in more than 120 countries around the world, including in the United States on Thursdays at 8 p.m. ET/PT on Pop, a joint venture of CBS Corporation and Lionsgate, and on Fight Network in Canada.
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Post by The Ultimate Nullifier on Nov 3, 2016 13:08:54 GMT -6
www.pwinsider.com/article/105754/billy-corgan-comments-on-his-tna-status-and-its-not-pretty-and-its-not-over.html?p=1BILLY CORGAN COMMENTS ON HIS TNA STATUS AND IT'S NOT PRETTY, AND IT'S NOT OVER By Dave Scherer on 2016-11-03 13:40:00 Billy Corgan tweeted the following: Follow WPC ✔ @billy FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to 'get $ together' 12:37 PM - 3 Nov 2016 207 207 Retweets 178 178 likes Follow WPC ✔ @billy Upon which, (yesterday or today) they'd 'reach out directly' to settle ALL claims. So they lied again and have used the time as a weapon 12:39 PM - 3 Nov 2016 150 150 Retweets 125 125 likes Follow WPC ✔ @billy FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity 12:42 PM - 3 Nov 2016 198 198 Retweets 205 205 likes
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Post by The Ultimate Nullifier on Nov 3, 2016 13:09:42 GMT -6
www.pwinsider.com/article/105755/exclusive-details-on-the-tna-changes-going-forward-what-dixie-carter-told-the-wrestlers-staff-today-and-more.html?p=1EXCLUSIVE DETAILS ON THE TNA CHANGES GOING FORWARD, WHAT DIXIE CARTER TOLD THE WRESTLERS & STAFF TODAY AND MORE By Mike Johnson on 2016-11-03 13:55:00 Just as TNA and Anthem Media issued a press release announcing that Anthem was effectively taking control of TNA via a new "credit relationship", a letter to TNA wrestlers and staff was sent by Dixie Carter, telling them that TNA has "concluded agreements" with Anthem for a "funding plan that will stabilize the company." In the letter Carter stated, "This is excellent news for all out shareholders in that it means, we, as a company, will continue to provide our fans with the best wrestling content on the planet." In her letter Carter also informed the staff and talent that Billy Corgan was no longer with the company, but provided no context to his exit. Obviously, given what Billy Corgan stated on Twitter, it's pretty clear to see he was effectively fired from his position as President and as of this writing has yet to be paid back. Five minutes ago, the Chancery Court in Nashville confirmed to PWInsider.com that Corgan's previous lawsuit against the company remains open and has not been dismissed. In today's letter to talent and staff, Carter also stated that there would be changes to the company going forward. As noted in the press release Anthem and TNA issued, Carter will remain Chair of the company while the Board of Managers will add Anthem's Ed Nordholm as their representative. Carter praised Nordholm in the letter, stating he was "instrumental" in concluding agreement and the documents, which were signed today. Carter stated that Nordholm will represent the Board on all major "operating and restructuring agreements", which in corporate speak, pretty much means that he will be the force driving the company going forward. Carter appears to be remaining as a figurehead. PWInsider.com sources have indicated that representatives for Anthem have been in Nashville since Tuesday working on this deal. Carter told talents and staff in the letter that the company's organizational structure will otherwise remain the same, which appears to mean that, at least initially, Serg Salinas and Dean Broadhead will also remain on the Board of Managers. Carter noted that Anthem's other "sports property" ownings will benefit TNA and that Anthem's sales team will support the company in both the TV and digital ad markets. Carter also stated that Aroluxe Media, described in the letter as "also an equity stakeholder" will continue on as the production team overseeing TNA's shows in 2017. Carter's letter stated the next set of tapings would be in early January, confirming PWInsider's report several weeks back that they would be taping 1/5/17-1/10/17. Carter stated that the Board of Managers are continuing to "develop a longer-term business plan" for the company. Carter stated she is personally excited to have Anthem on board to utilize their experience as TNA plans for the future, noting, "With financial stability, we can focus on executing our near term objectives while planning a measured and thoughtful approach for the future." Carter also outlined some insight into that "thoughtful approach", stating Fight Network's strategy is to continue "expanding its distribution while developing strong relations with content creators" adding, "It is natural that they are keen to work more closely with us and support the company's growth alongside their own, on all platforms, and in all media." Carter told talent that both she and Nordholm would be available to them today for any questions as well as on an "ongoing" basis. Carter said she wanted to thank everyone personally for "your patience and support through this process" and closed out her letter by stating, "Over the years, we have built TNA and Impact Wrestling to be a very successful, global brand. You should all be excited for its future and be more determined than ever to work dilligently to take the company to the next level." For those wondering, TNA wrestlers received their latest scheduled checks earlier this week after they were due last week.
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Post by The Ultimate Nullifier on Nov 3, 2016 14:50:51 GMT -6
www.wrestlinginc.com/wi/news/2016/1103/619031/dixie-carter-sends-letter-to-tna-roster-after-today-announcement/Dixie Carter Sends Letter To TNA Roster After Today's Announcement, Who's Handling Production, More Source: PWInsider As noted, Anthem Sports & Entertainment announced today with TNA that they have established a "credit relationship" that essentially sees Anthem take control of the company. Dixie Carter will remain Chair of the company and Billy Corgan is no longer involved but it was confirmed this afternoon that his previous lawsuit against the company is still open and has not been dismissed. It appears Dixie will be a figurehead for the company with Anthem's Ed Nordholm running things. Dixie Carter sent a letter today to the TNA roster and staff, informing them that TNA has "concluded agreements" with Anthem for a "funding plan that will stabilize the company." Dixie wrote, "This is excellent news for all our shareholders in that it means, we, as a company, will continue to provide our fans with the best wrestling content on the planet." Dixie told staff and talents that there will be changes made to the company as they move forward. The organizational structure will remain the same, indicating Dean Broadhead and Dixie's husband Serg Salinas will remain on the Board of Managers. She mentioned in the letter that Anthem's other sports properties will benefit TNA and that Anthem's sales team will support TNA with TV and digital advertising. Dixie said the Board of Managers is working to develop a "longer-term business plan" for TNA. She wrote, "With financial stability, we can focus on executing our near term objectives while planning a measured and thoughtful approach for the future." It was also confirmed in the letter that Aroluxe Media will continue overseeing production in 2017. The letter referred to Aroluxe as "also an equity stakeholder." Dixie also told talents today that the next set of TV tapings will take place from January 5th through January 10th in Orlando. Regarding Corgan, Dixie confirmed that he is no longer with the company but did not elaborate. She made it known that she and Nordholm would be available for talents to ask questions. She thanked everyone for their "patience and support through this process" and ended the letter by writing, "Over the years, we have built TNA and Impact Wrestling to be a very successful, global brand. You should all be excited for its future and be more determined than ever to work dilligently to take the company to the next level."
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Post by The Ultimate Nullifier on Nov 3, 2016 15:38:29 GMT -6
www.sescoops.com/billy-corgan-comments-on-his-tna-departure/Billy Corgan Comments On His TNA Departure, Fight Network Responds Now that Billy Corgan is officially gone from TNA Wrestling, the former company president speaking out regarding his unceremonious departure. With so much of TNA’s dirty laundry being aired out in recent weeks as the results of various court documents being made public, Corgan states that he still has not been paid back by TNA and plans to continue fighting them in court. Corgan was named TNA President less than three months ago and has loaned TNA approximately $1.8 million over the past year to fund TV tapings at the last minute and keep the company afloat. He tweeted on Thursday afternoon: Follow WPC ✔ @billy FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to 'get $ together' 12:37 PM - 3 Nov 2016 315 315 Retweets 285 285 likes Follow WPC ✔ @billy Upon which, (yesterday or today) they'd 'reach out directly' to settle ALL claims. So they lied again and have used the time as a weapon 12:39 PM - 3 Nov 2016 221 221 Retweets 193 193 likes Follow WPC ✔ @billy FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity 12:42 PM - 3 Nov 2016 337 337 Retweets 336 336 likes Update #1: The Fight Network has responded to Corgan’s comments about not being paid what he’s owed: Follow Fight Network ✔ @fightnet We reject Mr. Corgan's social media comments today re:@impactwrestling. The matter is before courts/public discourse is inappropriate. (1/2) 2:45 PM - 3 Nov 2016 61 61 Retweets 47 47 likes Follow Fight Network ✔ @fightnet There is a solid financial plan for @impactwrestling & Mr. Corgan's loan will be dealt with appropriately. (2/2) 2:45 PM - 3 Nov 2016 66 66 Retweets 50 50 likes Update #2: Corgan has replied directly to The Fight Network’s tweets: 1h Fight Network ✔ @fightnet There is a solid financial plan for @impactwrestling & Mr. Corgan's loan will be dealt with appropriately. (2/2) Follow WPC ✔ @billy @fightnet Terrible way to start our future relationship! What w/ the lying through counsel + propensity for press releases claiming victory 3:29 PM - 3 Nov 2016 72 72 Retweets 44 44 likes 1h Fight Network ✔ @fightnet We reject Mr. Corgan's social media comments today re:@impactwrestling. The matter is before courts/public discourse is inappropriate. (1/2) Follow WPC ✔ @billy @fightnet So when you sent out the press release today and one during lawsuit (which is still pending FYI) that's not public discourse? Tsk! 3:32 PM - 3 Nov 2016 25 25 Retweets 45 45 likes 1h Fight Network ✔ @fightnet We reject Mr. Corgan's social media comments today re:@impactwrestling. The matter is before courts/public discourse is inappropriate. (1/2) Follow WPC ✔ @billy @fightnet And the use of 'reject' in your tweet! Such strong language from network of fights 3:34 PM - 3 Nov 2016 28 28 Retweets 37 37 likes
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Post by The Ultimate Nullifier on Nov 3, 2016 16:53:56 GMT -6
www.sescoops.com/billy-corgan-accuses-fight-network-of-lying-through-counsel-in-series-of-tweets/Billy Corgan Accuses Fight Network of ‘Lying Through Counsel’ In Series of Tweets Billy Corgan’s very public argument Thursday with Anthem Sports and Entertainment, the parent company of The Fight Network, keeps going late Friday afternoon in the form of Corgan replying to The Fight Network’s tweets about the situation: 3h Fight Network ✔ @fightnet There is a solid financial plan for @impactwrestling & Mr. Corgan's loan will be dealt with appropriately. (2/2) Follow WPC ✔ @billy @fightnet Terrible way to start our future relationship! What w/ the lying through counsel + propensity for press releases claiming victory 3:29 PM - 3 Nov 2016 94 94 Retweets 75 75 likes 3h Fight Network ✔ @fightnet We reject Mr. Corgan's social media comments today re:@impactwrestling. The matter is before courts/public discourse is inappropriate. (1/2) Follow WPC ✔ @billy @fightnet So when you sent out the press release today and one during lawsuit (which is still pending FYI) that's not public discourse? Tsk! 3:32 PM - 3 Nov 2016 46 46 Retweets 66 66 likes 3h Fight Network ✔ @fightnet We reject Mr. Corgan's social media comments today re:@impactwrestling. The matter is before courts/public discourse is inappropriate. (1/2) Follow WPC ✔ @billy @fightnet And the use of 'reject' in your tweet! Such strong language from network of fights 3:34 PM - 3 Nov 2016 45 45 Retweets 61 61 likes To break this down, it looks like the tweet about Anthem “lying through counsel” relates to their promise to pay back the money he loaned to TNA by the November 1st deadline set in Corgan and TNA’s agreement. An attorney for Anthem appeared in court during the Corgan/TNA hearing in Nashville last week for that reason. Analysis: Whatever you think of Corgan, he comes off much better than Anthem here. He’s right that Anthem really has no business saying that there’s “public discourse” about the situation “is inappropriate” when they issued multiple press releases about the situation, one of which dropped the bomb that he was out of TNA without any explanation. And he’s also right to clarify that he hasn’t been paid back if that’s the situation, since the press release was incredibly vague about that matter.
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Post by The Ultimate Nullifier on Nov 4, 2016 11:15:31 GMT -6
www.sescoops.com/billy-corgan-tweets-up-a-storm-about-tna-ready-to-demand-repayment/Billy Corgan Tweets Up a Storm About TNA, Ready To Formally Demand Repayment By David Bixenspan on November 4, 2016 Early Friday afternoon, in response to a New York Post article claiming that he’s been “ousted” as TNA President, Billy Corgan started tweeting about TNA again. A lot. Follow WPC ✔ @billy YEP: just-published NY Post article asserts that judge in case ruled against my receiving 2.7 in Anthem swap deal. This is FALSE. Case OPEN 10:52 AM - 4 Nov 2016 57 57 Retweets 77 77 likes Follow WPC ✔ @billy Today, I'm FORMALLY requesting repayment of my 'so-called' loan by TNA, which I'm told stalled because they didn't know where to FIND ME 10:57 AM - 4 Nov 2016 92 92 Retweets 137 137 likes Follow WPC ✔ @billy Laughs aside I'd put up 1.8mil for express purpose of becoming equity stakeholder and helping talented roster. Any other assertion is FALSE 10:59 AM - 4 Nov 2016 69 69 Retweets 98 98 likes Follow WPC ✔ @billy So if I'm not repaid today in full and without conditions attached, I'll be forced to once more pursue remedy by taking TNA stock via court 11:01 AM - 4 Nov 2016 89 89 Retweets 122 122 likes Follow WPC ✔ @billy Remember it was Anthem and not I who stood in open court and told judge they were prepared to PAY and in turn FUND good 'ol, solvent TNA 11:02 AM - 4 Nov 2016 80 80 Retweets 97 97 likes Follow WPC ✔ @billy A company which they claim they have no business deal for behind-the-scenes yet have released 2 press releases saying they are TAKING OVER 11:03 AM - 4 Nov 2016 57 57 Retweets 81 81 likes Follow WPC ✔ @billy So far be it from me to accuse someone I don't know of bending truth to win a case. That just wouldn't be nice, and I believe in being nice 11:05 AM - 4 Nov 2016 52 52 Retweets 93 93 likes Follow WPC ✔ @billy Last thing: despite being called a lender by every arm of TNA propaganda I can still convert to 36pct stock or sell option to highest bidder 11:11 AM - 4 Nov 2016 77 77 Retweets 82 82 likes Follow WPC ✔ @billy And that 'option' if you will to convert my boo-hoo-hoo loan to 36pct stock or auction it off to a PW titan doesn't require a court order 11:13 AM - 4 Nov 2016 94 94 Retweets 110 110 likes If Corgan files new court papers as part of the loan repayment demand, we’ll update you on the latest in the case.
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