The Frontier Martial Arts-Wrestling promotion, the company that in many ways sprawned ECW and the entire American and Japanese hardcore wrestling movement, announced earlier today that it was declaring bankruptcy. The 12-year-old company, which peaked in popularity in the early 90s with Atsushi Onita's famous explosive barbed wire matches with the likes of Terry Funk, Mr. Pogo, Tiger Jeet Singh and Hayabusa, was deeply in debt to many sources.