Knights of Badassdom Getting the Shaft?

When Knights of Badassdom made a huge splash at Comic-Con 2011, most thought a studio would quickly pick the film up and run with the major publicity it was receiving at the time.  However, two years later and not a peep has been heard about the film. 

Had Director Joe Lynch been working on Badassdom this whole time?  Was IndieVest (the investment group that funded the film) just sitting on their hot new property?  Nobody outside the project really knew what was going on.  So imagine the surprise that came when it was discovered that IndieVest was holding a secret screening on Tuesday March 5th to try and sell the movie off to a potential buyer.

Now imagine the surprise and disappointment that came when this site appeared with accusations that IndieVest CEO Wade Bradley had stolen the film away from Director Joe Lynch and made drastic changes to Joe's cut, essentially altering the story and feel of the original movie and cutting it down to 70 minutes from it's initial 90 minutes. 

Badassdom goes on to make some heavy claims about the way CEO Wade Bradley conducted business with Joe Lynch and the films original creators.  Supposedly Wade Bradley was able to accuse Producer Mark Burton and writer Matt Wall of going over-budget and remove them from their positions, even though Bradley had approved the new budget.  

What's more troubling is that the Knights of Badassdom is being used as a way to help support Wade Bradley's new venture, according to Badassdom.  Once he's able to sell off the film to a buyer, he's supposedly going to close down IndieVest and move on to Media Society.

In 2012 Wade Bradley delivered a rebuttal to an anonymous accuser on the website Ripoff Report in which he had this to say about the state of Knights of Badassdom:

"Regarding IndieVest Picture's feature film Knights of Badassdom, this compelling feature film project did incur schedule delays, as it was deemed necessary to make significant changes to the post-production, producer and personnel to fully achieve the original vision of the movie.  These changes were discussed throughout quarterly reports and other updates.  Our investors agreed wholeheartedly that every change that occurred was in the best interest of the film, even though it did indeed consume additional time.  nobody ever enjoys delays, though they are a factor at one point or another in everyone's personal or professional life, and certainly the entertainment industry is not immune to the occurrence   The film is now readying for it's final mix and is on schedule to be released (by IndieVest Pictures) in the first half of 2013."

If this was indeed Wade Bradley than it seems to match up with some of the claims being made by Badassdom.  Of course, Bradley has a different take on how things ultimately turned out.

At this point, it doesn't seem like much can be done to stop these proceedings.  Ideally someone will buy Knights of Badassdom and allow Joe Lynch to put out the film he intended to make.  However, it would be a tragic end to this story if the film was purchased and quickly rushed out to DVD in it's heavily edited state.  

I reached out to both IndieVest and Joe Lynch, but have yet to hear back from either party at this point.  I imagine that both have good reasons to remain quiet at this point.