Cage Fury Fighting Championships' Oct. 12 card in Atlantic City, New Jersey, is off, CFFC president Felix Martinez said in a statement released Friday on the promotion's Web site.

Citing an inability to recover from the loss of a "major" investor who "decided to pull out at the last moment," Martinez expressed regret for having to cancel the card, which was to be headlined on pay-per-view with a fight between David "Tank" Abbott and Kevin "Kimbo Slice" Ferguson.

An offer to resurrect the heavyweight spectacle between celebrated street brawlers David "Tank" Abbott and Kevin "Kimbo Slice" Ferguson is expected to be presented Wednesday morning (10-10-07) to both parties on behalf of the Palace Fighting Championship.

"I have spoken to both sides' management," said PFC's Christian Printup via e-mail. "I am submitting a formal offer (Wednesday) morning. If it satisfies their financial needs the fight will happen on Oct. 18 in the PFC. If it doesn't, I can take comfort in knowing we made a very substantial offer nonetheless."

Based out of Lemoore, Calif., the PFC rose out of the Central California valley floor after the departure of World Extreme Cagefighting -- which populated the Palace Indian Gaming Center from 2001 until Zuffa purchased the company in 2006 -- and has promoted three events this year.

The hyped heavyweight bout could join a PFC card that features four championship fights.

At middleweight, Kenny Ento fights Justin Levens. A lightweight clash will see Shad Smith , who was stopped just 71 seconds into his fight against Nam Phan on Oct. 6, face local star Poppies Martinez. "The Ultimate Fighter 1" veteran Lodune Sincaid fights Jeromy Freitag for the PFC light heavyweight strap. And a welterweight battle pits Chris Botelho against Morris Aldaco.

Interested parties in one or both of the fighters include EliteXC and Canada's Hardcore Championship Fighting, which offers a card Oct. 19 in Calgary.