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Post by J Lee O'Brien on Oct 31, 2016 14:35:43 GMT -5
Corgan's motion struck down, per Tennessean reporter. Not a shock the restraining order was shot down, now they have 24 hours to pay him 2.7 million. Not a bad consolation prize, I guess... |
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Post by xCompackx on Oct 31, 2016 14:36:02 GMT -5
Dixie has won! Now they go back to... bleeding money like a sieve!
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Post by Captain Stud Muffin (BLM) on Oct 31, 2016 14:37:29 GMT -5
Will be interesting to see if he takes the bread and leaves.
Good news for Dixie tho. She can continue her sales if she does indeed have one in place. Or at the very least continue her conversations for sales.
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Post by Ryushinku on Oct 31, 2016 14:38:04 GMT -5
I'm sure the future is sunny now!
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ayumidah
Patti Mayonnaise
DOOM TIME!!!!!
Posts: 31,581
Member is Online
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Post by ayumidah on Oct 31, 2016 14:39:24 GMT -5
Morale is sure to be sky high!
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domrep
Hank Scorpio
Posts: 7,461
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Post by domrep on Oct 31, 2016 14:39:32 GMT -5
More from PWInsider: EXCLUSIVE TNA VS. CORGAN RULING UPDATE by Mike Johnson @ 3:20 PM on 10/31/2016 PWInsider.com has confirmed that in a ruling today, the Nashville Chancery Court has denied Billy Corgan's request for a temporary injunction against Dixie Carter, Serg Salinas, Dean Broadhead, Impact Ventures LLC. The court has also dissolved Corgan's temporary restraining order against the company. PWInsider.com is waiting on further details, but what this means is that Corgan will not gain control of TNA and that the current management can move forward with whatever choices and business they desire without having to get his approval. This does not mean the end of Corgan's lawsuit against the company and TNA will still have to repay Corgan's loan of $1.8 million, unless Corgan opts to convert that debt into a 36% ownership stake in the company. Take the $ and run Billy. |
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Ben Wyatt
Crow T. Robot
Are You Gonna Go My Way?
I don't get it. At all. It's kind of a small horse, I mean what am I missing? Am I crazy?
Posts: 41,863
Member is Online
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Post by Ben Wyatt on Oct 31, 2016 14:39:34 GMT -5
.......How...........wh.........
*walks out*
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Post by J Lee O'Brien on Oct 31, 2016 14:40:18 GMT -5
Will be interesting to see if he takes the bread and leaves. Good news for Dixie tho. She can continue her sales if she does indeed have one in place. Or at the very least continue her conversations for sales. Honestly, I'd cut bait at this point. Not worth the stress or cash. |
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Post by A Platypus Rave is Correct on Oct 31, 2016 14:40:45 GMT -5
More from PWInsider: EXCLUSIVE TNA VS. CORGAN RULING UPDATE by Mike Johnson @ 3:20 PM on 10/31/2016 PWInsider.com has confirmed that in a ruling today, the Nashville Chancery Court has denied Billy Corgan's request for a temporary injunction against Dixie Carter, Serg Salinas, Dean Broadhead, Impact Ventures LLC. The court has also dissolved Corgan's temporary restraining order against the company. PWInsider.com is waiting on further details, but what this means is that Corgan will not gain control of TNA and that the current management can move forward with whatever choices and business they desire without having to get his approval. This does not mean the end of Corgan's lawsuit against the company and TNA will still have to repay Corgan's loan of $1.8 million, unless Corgan opts to convert that debt into a 36% ownership stake in the company. Take the $ and run Billy. Probably the smart thing to do... but I have a feeling this was never really about Money for Billy. then again they've already f***ed around with him so much he may just wash his hands of the whole thing. |
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Post by xCompackx on Oct 31, 2016 14:40:57 GMT -5
I wonder whether Dixie's going to go back to WWE with an offer for the tape library now. Which would probably give them enough money for... one set of Impact tapings. f***'s the point of this, again?
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Post by Captain Stud Muffin (BLM) on Oct 31, 2016 14:42:04 GMT -5
Will be interesting to see if he takes the bread and leaves. Good news for Dixie tho. She can continue her sales if she does indeed have one in place. Or at the very least continue her conversations for sales. Honestly, I'd cut bait at this point. Not worth the stress or cash. I think Billy was in it for the principal but now that he has nothing to fight for and Dixie still has control he should leave it alone. If they are willing to pay the cash in full take it. |
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Post by J Lee O'Brien on Oct 31, 2016 14:42:46 GMT -5
I wonder whether Dixie's going to go back to WWE with an offer for the tape library now. Which would probably give them enough money for... one set of Impact tapings. f***'s the point of this, again? Dixie's dreams of Reality Stardom. |
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Push R Truth
Patti Mayonnaise
Unique and Special Snowflake, and a pants-less heathen.
Perpetually Constipated
Posts: 39,372
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Post by Push R Truth on Oct 31, 2016 14:46:42 GMT -5
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Post by J Lee O'Brien on Oct 31, 2016 14:51:55 GMT -5
After a bout of furious laughter, I propose either an untitled Impact thread or the title "Same as it Ever Was." Which ever is more apropriate.
Goddamn...
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saintpat
El Dandy
Release the hounds!!!
Posts: 7,664
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Post by saintpat on Oct 31, 2016 14:55:24 GMT -5
Two significant things about this last paragraph in The Tennessean's report: Brentwood-based Aroluxe Marketing, which is TNA's production company and partner, could be positioned to take over the wrestling promotion that has been home to stars such as Hulk Hogan, Kurt Angle, Matt Hardy and Jeff Hardy. 1) The Nazis are back!!! 2) Matt Hardy is listed ahead of Jeff Hardy, meaning he now has more mainstream recognition in a non-wrestling media report. And do you know why? Because Jeff was DELETED!!!!!! Link to full story: www.tennessean.com/story/money/2016/10/31/corgan-loses-legal-effort-take-over-tna/93069526/ |
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Post by The Summer of Muskrat XVII on Oct 31, 2016 14:55:54 GMT -5
I wonder whether Dixie's going to go back to WWE with an offer for the tape library now. Which would probably give them enough money for... one set of Impact tapings. f***'s the point of this, again? It's expected she's gonna sell controlling interest to Anthem, with minority interest to Aroluxe and Dixie retaining 5%. However, Billy being stubborn and insisting on getting shares instead of a payout could cause issues. |
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Post by Feargus McReddit on Oct 31, 2016 14:56:43 GMT -5
This is basically TNA's version of Hell in a Cell with the home town person winning the big match.
Except instead of Sasha, it's Dixie and unlike Sasha, nobody wanted her to win even though she probably was.
So nothing like HIAC.
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Post by corndog on Oct 31, 2016 15:00:55 GMT -5
Honestly, I'd cut bait at this point. Not worth the stress or cash. I think Billy was in it for the principal but now that he has nothing to fight for and Dixie still has control he should leave it alone. If they are willing to pay the cash in full take it. The question is does Anthem's offer still stand or do they take it back now that Corgan has lost leverage? If it's still on the table, he just needs to take the money and run. |
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Post by Captain Stud Muffin (BLM) on Oct 31, 2016 15:04:25 GMT -5
I think Billy was in it for the principal but now that he has nothing to fight for and Dixie still has control he should leave it alone. If they are willing to pay the cash in full take it. The question is does Anthem's offer still stand or do they take it back now that Corgan has lost leverage? If it's still on the table, he just needs to take the money and run. If they want full a good portion of control in TNA they will [ay. If Corgan keeps his shares he can throw a wrench in their plans as it is guessed that Dixie will sell off a huge portion of her stakes and she will have only a slight percentage left but keep her title and running TNA. |
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Post by Magic knows Black Lives Matter on Oct 31, 2016 15:05:35 GMT -5
Two significant things about this last paragraph in The Tennessean's report: Brentwood-based Aroluxe Marketing, which is TNA's production company and partner, could be positioned to take over the wrestling promotion that has been home to stars such as Hulk Hogan, Kurt Angle, Matt Hardy and Jeff Hardy. 1) The Nazis are back!!! 2) Matt Hardy is listed ahead of Jeff Hardy, meaning he now has more mainstream recognition in a non-wrestling media report. And do you know why? Because Jeff was DELETED!!!!!! Link to full story: www.tennessean.com/story/money/2016/10/31/corgan-loses-legal-effort-take-over-tna/93069526/Jeff? Why are you speaking of an obsolete mule? I only know Brother Nero! |
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