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Post by theMOESIAH on Oct 18, 2016 20:44:11 GMT -5
According to F4WOnline.com, TNA is being sued by the American Express Travel Related Services Company for unpaid bills dating back to this summer. The suit was filed in the Supreme Court of New York state on July 20th, and it claims nonpayment of $269,049.50 in travel-related expenses. The suit further claims TNA’s American Express Corporate account was charged various amounts for items and the bills were never paid. In total, American Express is asking for $269,049.50 and for all legal costs to be paid for. AMEX claims TNA agreed to payments on the receipt of monthly billing statements, as well as delinquency fees and finance charges. Additionally, Wrestling Observer Radio host Dave Meltzer noted the following on last night’s edition of the show: Read more at www.wrestlezone.com/news/765917-tna-reportedly-being-sued-for-unpaid-travel-bills-company-probably-filing-for-bankruptcy-soon#VCPHKULjwc9dMoZ5.99
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Post by Nivro™ on Oct 18, 2016 20:50:11 GMT -5
They're going to have so much debt built up that its going to take a billionaire to buy the properties.
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👑🇵🇭⭐️
Main Eventer
WF 10 Year Member
King Of The Ring 2007 - Team Undisputed
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Post by 👑🇵🇭⭐️ on Oct 18, 2016 21:03:04 GMT -5
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Deleted
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Post by Deleted on Oct 18, 2016 21:11:53 GMT -5
I feel bad for the wrestlers. they are busting ther ass to put on a show that's been blowing WWE out of the water. But because of mismanagement all you hear about is crap like this.
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Post by 1992 on Oct 18, 2016 21:17:51 GMT -5
a show that's been blowing WWE out of the water. Topkek. TNA hasn't "blown WWE out of the water" in over a decade as far as product goes. It has however blown for quite some time now.
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Deleted
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Post by Deleted on Oct 18, 2016 21:44:04 GMT -5
a show that's been blowing WWE out of the water. Topkek. TNA hasn't "blown WWE out of the water" in over a decade as far as product goes. It has however blown for quite some time now. Impact has been better that raw and smack down for at least and is hasn't been close.
I much ratter watch EC 3, Drew Galloway, Bobby Lashley, Trevor lee, Moose, Mike Bennett, Andrew Everett, the wolves, decay and Broken Hardys.
then Cesaro/Sheamus/NEW DAY, James Ells worth, Enzo and Cass, Golden Truth, BO Dallas, Braun Strowman,Miz, Roman, Rusev, Swagger, Kane, Big Show, Mark Henry,Shining Stars , women not named Sasha, Bayley, Emma, Beckey, Alexa.
All day every day and twice on Sunday.
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Post by cableV on Oct 18, 2016 21:57:05 GMT -5
That puts the total (known) dollar amount from the lawsuits against TNA, and other debt, at 3.6 Million.
To help Dixie with her debt, or legal fees, I am willing to pay the very generous amount of $50 for all digital media, related to, or containing within, TNA Knockouts Taryn Terrell and Brooke Adams(aka Brooke Tessmacher). Including, but not limited to, all photos and video from matches, interviews and photo shoots.
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powerfred3k
Main Eventer
Joined on: Aug 12, 2012 22:12:11 GMT -5
Posts: 3,783
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Post by powerfred3k on Oct 18, 2016 22:07:31 GMT -5
So TNA is being sued by:
1.Eric Bischoff 2.Billy Corgan 3.American Express Travel 4.State of Tennessee 5.Audience of One Productions
They also owe money to but have not been sued yet ??
1.Aroluxe 2.The Fight Network 3.MCC Acquisitions
So not only does tna have no money and dixie is pulling some crap with billy corgan, they probably won't be able to fly people in for tv tapings after it was revealed just today a nonpayment of $269,049.50 in travel-related expenses. Where is that jean luc picard facepalm meme when i need it ?? TNA needs to file bankruptcy now before its too late...
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Post by Joe/Smurf on Oct 18, 2016 22:20:16 GMT -5
They're going to have so much debt built up that its going to take a billionaire to buy the properties.
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Post by The Natural Eddy Valintino on Oct 18, 2016 22:44:14 GMT -5
Wow. TNA is in a load of s*** and its mostly due to one incompetent person who wants to remain in control even though she shouldn't. I feel bad for the wrestlers who are under contract with TNA. They deserve must better than to be in a company ran by some incompetent person
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Post by theMOESIAH on Oct 18, 2016 22:55:51 GMT -5
So TNA is being sued by: 1.Eric Bischoff 2.Billy Corgan 3.American Express Travel 4.State of Tennessee 5.Audience of One Productions They also owe money to but have not been sued yet ?? 1.Aroluxe 2.The Fight Network 3.MCC Acquisitions So not only does tna have no money and dixie is pulling some crap with billy corgan, they probably won't be able to fly people in for tv tapings after it was revealed just today a nonpayment of $269,049.50 in travel-related expenses. Where is that jean luc picard facepalm meme when i need it ?? TNA needs to file bankruptcy now before its too late... Bischoff is sueing them? I missed that one. Is he sueing them for allowing them for giving him too much power in the company when he was clearly mentally unfit to lead?
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Post by The Natural Eddy Valintino on Oct 18, 2016 23:04:58 GMT -5
So TNA is being sued by: 1.Eric Bischoff 2.Billy Corgan 3.American Express Travel 4.State of Tennessee 5.Audience of One Productions They also owe money to but have not been sued yet ?? 1.Aroluxe 2.The Fight Network 3.MCC Acquisitions So not only does tna have no money and dixie is pulling some crap with billy corgan, they probably won't be able to fly people in for tv tapings after it was revealed just today a nonpayment of $269,049.50 in travel-related expenses. Where is that jean luc picard facepalm meme when i need it ?? TNA needs to file bankruptcy now before its too late... Bischoff is sueing them? I missed that one. Is he sueing them for allowing them for giving him too much power in the company when he was clearly mentally unfit to lead? I think the lawsuit is cause TNA owes him and his son money. I know it has to do with owing money
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Post by 1992 on Oct 18, 2016 23:43:37 GMT -5
Topkek. TNA hasn't "blown WWE out of the water" in over a decade as far as product goes. It has however blown for quite some time now. Impact has been better that raw and smack down for at least and is hasn't been close.
I much ratter watch EC 3, Drew Galloway, Bobby Lashley, Trevor lee, Moose, Mike Bennett, Andrew Everett, the wolves, decay and Broken Hardys.
then Cesaro/Sheamus/NEW DAY, James Ells worth, Enzo and Cass, Golden Truth, BO Dallas, Braun Strowman,Miz, Roman, Rusev, Swagger, Kane, Big Show, Mark Henry,Shining Stars , women not named Sasha, Bayley, Emma, Beckey, Alexa.
All day every day and twice on Sunday.
Posting sober would help for discussion purposes. Though the impaired state of mind probably helps while actually watching TNA's product and also accounts for thinking it's superior to anything else.
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Post by theMOESIAH on Oct 19, 2016 0:11:15 GMT -5
Bischoff is sueing them? I missed that one. Is he sueing them for allowing them for giving him too much power in the company when he was clearly mentally unfit to lead? I think the lawsuit is cause TNA owes him and his son money. I know it has to do with owing money Eric should owe them money for unleashing his awful son on them.
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Cameron Stone
Main Eventer
Joined on: Jan 16, 2013 18:16:15 GMT -5
Posts: 2,014
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Post by Cameron Stone on Oct 19, 2016 1:55:26 GMT -5
I don't think TNA ever really stood a chance at being profitable with the bigger names they brought in starting with Angle. If they had kept it to him and Sting and Christian, maybe, but they started adding too much salary. The way things worked out with them and the indies didn't help, as it became impossible to share talent when they needed it, and anyone who was a mid tier talent could make more money on the indie/japan circuit.
As sad as it is, the company should have gone bankrupt years ago, they've spent basically their entire existence borrowing from someone else ot pay back the others, it was bound to catch up
This is like if you noticed that your home's roof was leaking a bit of water when it rains, and instead of properly fixing it, and cutting expenses where you need to, you decide to buy that new flatscreen TV you don't really need, and then just put some tape over the hole. Then a new hole starts leaking, and you tape over it as well and buy that new car you don't need. And eventually the entire roof just begins to collapse.
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Post by ¡Twist Of 45 and 47! on Oct 19, 2016 4:44:06 GMT -5
This saga just gets more and more amusing.
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Post by hCo.Bro™ [brandon_lee] on Oct 19, 2016 7:30:54 GMT -5
Basically sums up how I feel about TNA at this point... Man I miss the Asylum days..
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Post by The Natural Eddy Valintino on Oct 19, 2016 10:30:07 GMT -5
Basically sums up how I feel about TNA at this point... Man I miss the Asylum days.. As sad as it is for the talent and me not wishing any wrestling company closes, i sorta agree just cause its too sad to read every week something worse.
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Post by J'Dinkalage Morgoone on Oct 19, 2016 11:30:25 GMT -5
lmao
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powerfred3k
Main Eventer
Joined on: Aug 12, 2012 22:12:11 GMT -5
Posts: 3,783
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Post by powerfred3k on Oct 19, 2016 12:18:00 GMT -5
Dixie, sell the company or pull the plug already. Pick one or the other, but you can't have both. Your getting sued in all directions, so do something....
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