As noted, it's expected that the future of TNA will be decided today, as the company needs to fund this Sunday's TNA Bound for Glory pay-per-view and their next set of television tapings in Orlando, Florida.

"It's reached a point where it's going to have a transformational moment," Billy Corgan told Busted Open this week. "Whatever's going to happen this week or this weekend or whatever, is going to for sure - and this is not a wrestling angle - it is definitely going to change the direction of the company forever. Does that mean the company ends, does that mean the company begins a new era? Obviously I am very much on the side and very much invested that the company would continue."

It appears as if the PPV and television tapings will be taking place as scheduled. While nothing has been announced regarding a sale of the company, Dixie Carter posted the following on Twitter today:

Follow Raj Giri on Twitter at @RajGiri_303. Got a news tip or correction? Send it to us by clicking here.