Looks like AXC on August 4th is cancelled?

Just heard that AXC in Cullman on August 4th is cancelled. I also heard that AXC is done for good. Anyone know for sure?

What? Ray Echols took the money and ran from "The UFC of Alabama"? Aww, but he seemed so legit..!

I really don't know Ray. I rolled him a few weeks ago at Champions and thought he was a pretty nice guy, but can't/won't comment any further.
I've ready a lot, but I just figure we all have our opinions, and it is what it is.
I will say though, that I've been to a few ammy shows in the state, and have seen some really shady matchups, but at the same time I'm understanding enough to know that sometimes those things happen.
I really just wanted to see Eryck Anders fight Chase Horton, I thought it'd be a pretty awesome fight.