Prowrestling.net has confirmed that Panda Energy executive Janice Carter issued a memo to TNA contracted talent and employees in which she labeled rumors of the company attempting to sell its ownership stake in TNA as false. Janice is the mother of TNA president Dixie Carter.

Powell's POV: We stand by our story that at least one group led by a notable name has shown a desire to purchase a majority interest in the company, and that there have been discussions between the two sides.

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