CHIKARA as a brand finished; angle or legit?

Multiple articles will be posted in this one, because it's unclear to whether or not this is legit or an angle. Personally im hoping it is an angle because if not, one of the best indy companies in the US is gone.

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According to Pwinsider.com, here is the latest on the status of CHIKARA.

At this time, all of the previously announced CHIKARA dates have been cancelled. They are expected to be converted into live events presented by the promotion's various "Wrestling Is..." satellite promotions. As it stands, CHIKARA as a brand is finished for the time being. Whether that's the end of the promotion or some really intricate angle and storyline remains to be seen.

There was no official announcement as to what was going on in the locker room, but small groups of talents were talked too, and the roster was asked to signed non-disclosure agreements before last night's event. Several CHIKARA regulars have started reaching out to independent promoters looking for work to replace their CHIKARA dates that were set for the summer.

As previously reported, there were some incidents with the fans at the end of the iPPV. There was a fan that shoulder-blocked a glass door and ended up breaking. There was also a fan who was very loud and refused to leave the Trocadero's box office, demanding a refund. He was described as "the worst stereotypical wrestling fan tantrum you could imagine."

Read more at http://www.411mania.com/wrestling/news/286189/The-Latest-on-the-Status-of-CHIKARA-Following-Yesterdays-iPPV.htm#7mGGwMJcxKd7Q6f6.99

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A little context: Chikara was "sold" to Worldwide Media Development Corporation a few years ago. Shortly after the sale, a sharp-dressed gentleman would be seen at events, observing the roster and matches. We'd learned his name was Wink Vavasseur, an auditor from Worldwide Media Development Corporation. Soon, he would replace Dieter von Steigerwalt as Director of Fun. Clearly with a business background and no wrestling knowledge (he would routinely refer to wrestlers as Baseball Face or Snakeface, etc), Vavasseur oversaw a period of growth in Chikara, multiple attendance records broken and the creation of the Grand Championship under his watch.
Towards the end of 2012, Chikara fans learned that Worldwide Media Development Corporation was actually a holding of Titor Conglomerate, which also owns Condor Security, a private security company whose employees usually flanked Wink Vavasseur at shows. Those members of Condor Security were no longer seen in Chikara after King of Trios 2012 when they removed Swamp Monster from the building. We also learned that Wink got the Director of Fun job, because his father, Conrad, is an executive at Titor.

Vavasseur's approval rating within the fan base and locker room has plummeted. Vavassuer created a series of analytical formulas, dubbed Chikarabermetrics, to ensure the best athletes were being paired. This resulted in the popular Colony being rearranged, with Soldier Ant being kicked out of the group. Other unpopular decisions included placing Sugar Dunkerton in FIST, the censorship of blogs on the Chikara website, and the creation of Colony: Xtreme Force, which is purely as a marketing ploy.

At the end of "The Shoulder of Pallas," the Chikara event as part of Wrestlecon, Mike Quackenbush was handed an envelope by a gentleman wearing a hat with NPA on the front. After the event, Mike Quackenbush was removed from the roster page and hasn't been booked in Chikara since.

Yesterday, Derek Sabato sent out cryptic tweets about an "interesting phone call." Sabato came to the ring today with the envelope given to Quackenbush, tweeting its contents: a photo of the Titor executives at a ground breaking. This photo is somehow incriminating, or Wink Vavasseur wouldn't have sent the officials to kick Sabato out of the building.

During the main event, Wink Vavasseur, looking disheveled, and 20+ members of Condor Security came to ringside, causing the end of the main event. Condor Security began breaking down the set and entry way while shooing the fans out of the building. Wink sat on the stage, watching it all, eating an apple.

Bit by bit, the lights in the building went out. Zia, one of the photographers, and Billy Kumohara, host of the pre show quiz game, stood up to Condor members, but Billy was struck and Zia retreated to the locker room.

As the fans were ushered out of the building, no merchandise was up, no roster members selling their wares, nothing in the lobby.

As we went outside and the Trocadero's doors closed, a fan shoulder blocked the door, breaking the glass. Senior official Bryce Remsburg rushed out the door and through the crowd, still wearing his referee uniform, in tears. The crowd slowly dissipated, with a few fans in tears as well.

Billy Kumohara was the only other member of Chikara staff to be seen in front of the Trocadero, saying he was now out of a job.
http://pwinsider.com/article/77989/more-on-chikara-ippv-show-closing-angle-and-background-leading-up-to-it.html?p=1

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Josh Higham sent word that all upcoming CHIKARA dates have been officially canceled according to their website.

As we noted, it appears the satellite "Wrestling Is..." promotions and Kaiju Big Battel will eventually replace the existing dates, although not necessarily in the same markets that were announced.
http://pwinsider.com/article/78004/all-upcoming-chikara-dates-canceled.html?p=1

I'm real interested in this story. From the literature I've researched, the rumor is that Mike Quackenbush (the owner of Chikara) had an extramarital affair and is getting divorced. Apparently his wife is a lawyer and might own the rights to the Chikara name, since she may have been the main finance behind it.

With this angle, the plan might be to eventually introduce a name change so that he doesn't lose the company, or something to that degree. Chikara definitely isn't going out of business if their DVD sales are any sort of representation of the company's financial situation, as they are consistently the top sellers on Smart Mark Video.

Chikara also has the "Wrestling Is... Cool/Heart/Intense/Fun/Awesome/Respect" sister promotions for it's talent to work (which if you notice is two letters away from spelling CHIKARA in acrostic fashion.) The other plausible rumor is that Quackenbush just uses those feds, and deserts the Chikara name.

All in all, it's difficult to separate truth from rumor, but through it all, I've read a lot of not so nice things about Quackenbush, whom has always been a performer that I've enjoyed watching. I've conversed a few times with him on Twitter, and he even follows me. My intuition tells me this is an angle, but the reasoning behind the angle is the real story.