a: Well first of all, what been going on with the promotion? We haven't heard any news for a while.

X: Well, simply put... it's the economy. Our promotion, and most apartment wrestling/catfight promotions have razor thins margins. When you see traditional, larger professional wrestling promotions, they have lucrative television deals in place so they are making a lot of money from the top, then they may gain significant revenue from house shows and the additional revenue from DVD and online sales. We rely almost entirely on DVD and merchandising sales. Because of the economy, almost everything in the process is more expensive, from the cost of media and packaging to the price of distribution and delivery.

We also got involved in a terrible real estate situation. As most of your readers know, we maintain our headquarters at the ACW Academy Dojo in Chicago. We've been there for decades and began expanding our facilities last summer. We had a handshake agreement with our landlord of 22 years but he died last summer and when his kids took over, they tried to raise our rent by 300%. Obviously, we weren't going to pay that but we had put quite a bit of money into the construction for our expansion. Eventually we took them to court, but those kids didn't know what they were doing and eventually they put the whole building up for sale and after a couple of months they were so desperate that they dropped the price by 40%. At this point, it made a lot of sense to make a play for the building so we sold off a lot of our physical assets to provide as earnest money for the purchase (that money was held in escrow). We had our loan from the bank all lined up but two days before closing, the bank faltered and cancelled all potential loans, leaving us high and dry. After not being able to get another loan, we struggled to get our money out of escrow, we basically had to shut down operations and laid off most of our staff. Now, the building has been sold and we have to contemplate our options for recovering the money we expended on the expansion.