Partial Source: Pwinsider.com
The following statement was issued today…
“Some people have been attempting to distract from what happened on Sunday’s iPPV by circulating rumors about an affair, a bitter divorce, or a dispute over the ownership of CHIKARA. All of these rumors are absolutely false.”
There was a statement issued to us, from CHIKARA’s promotional end late last night, claiming that the promotion was liquidating its merchandise and that it would be selling off whatever physical assets (production material, etc.) off. The idea behind this was that the promotion had been struggling since their Joshimania events did not do well and they had been running in the red since late 2011 and that the “parent company” had pulled the plug on the promotion. The statement also said that all agreements with “third party vendors”, such as their DVD deal with Smart Mark Video, would be honored through the end of 2013.
The cancelled June 21st date in NYV is being filled by Kaiju Big Battel. Several of the CHIKARA “Wrestling Is…” sister promotions have already announced other dates that were formerly announced for CHIKARA as well.
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