What follows is news on IWA Midsouth, Dragoncon in Atlanta with NWA Anarchy stars,Gordon Solie, , PWF, JAPW, WXW, RCW & PTW & upcoming events
I’ve written several pieces here at wrestlezone.com on promoters who owe wrestlers money and do not pay it back, and unfortunate Ian Rotten became one of those guys. For all the good stuff that happened a IWA Mid-South there always seemed to be a cloud of “bad business” that hung over the company & Ian. He counted unrealistically on DVD revenues from Smart Mark Video to get even after losing money on many of his shows. Ian & IWA Midsouth were/are like the old saying, “when he is good he’s very good, but when he’s bad, he’s very bad”, and it looks like it finally caught up with him……at least for now. I never like to see a company go out of business like this but if you spend more than you make, and run up debt, eventually it is the only option. Hopefully, Ian still plans to pay off the debt he has to TNA & others, not just refund the ticket money he mentions below. Only time will tell.
From the IWA Mid-South Wrestling message board:
We regret to inform all of our wonderful fans that after 13 years of doing business, IWA Mid-South will cease operations after the Kings of the Crimson Mask show on Friday night August 28th.
We simply do not have the money in order to continue doing business. It breaks our hearts that this day has finally come but we just can’t hang on any longer.
If you have placed any ticket orders for TPI or the Double Death/Anniversary show, please print out a copy of your paypal receipt and mail it to the PO Box in Morris.
We do not have internet access anymore so please do not send emails as we do not know when we would be able to view them. The fastest way to get refunds would be to send the copy of the receipts from paypal to the PO Box so we can have them in hand to know who is owed what.
If you purchased TPI tickets and have the tickets in your possession, please send a picture of the tickets since we do not have records of who actually received their tickets.
Kings of the Crimson Mask in Bellevue will be our final show. Necro Butcher will not be on the show as we can not afford to bring him in for the event anymore.
The new main event for the final show will be Ian Rotten vs. Mad Man Pondo.
IWA is going to go out like they came in in a rematch from the first ever main event.
I would like to thank everyone that has worked for IWA in the past, all the fans that have supported the product and all the people that have helped out along the way with security, selling merchandise, concessions, etc.
It has been a tremendous ride these last 13 years and it is heartbreaking to see it all come to an end like this.
I would type up more but it is too painful at this time.
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