Ultimate Hour opened with the fully-realized Lifeblood Initiative.  This seven-person faction has taken control of PSA, and they have made it clear that no one is safe.  Warren demands excellence, and he will send his loyal followers after anyone that gets in the way of PSA’s future.  This is why Dynamite and JX2 attacked The Disciples at Now or Never; they are a symbol of the past, and it’s time for them to evolve or go extinct.  Warren’s right hand woman, Brittany Blake, also added that with the Debt Collector in her possession, she will ensure that only the best competitors will be PSA Women’s World Champion.  Will PSA flourish under The Lifeblood Initiative, or is this the beginning of the end?

Sir Alex Westworthy was eager to win his Ultimate Hour debut, but the expression on his face shifted when he realized that his opponent was Bruno Bolousek.  “The Blood Hunter” hadn’t been seen since Finest Hour, and it was clear that he had some pent-up aggression as a result.  After planting Westworthy with the Bolousek Bomb, Bruno locked in the Mark of the Allmother to pass out his opponent with ease.

Next, we heard from one of the best tag teams in PSA history, The Owskis.  Like Andrew and Josh mentioned at Now or Never, they are on a quest to recapture the PSA Tag Team Championship.  However, they can’t go after them just yet, as they need to face some other teams first before they’ll be ready to go after the Gold.  Right as they said this, they were interrupted by The Beautiful Boys.  Curtis and Hale praised The Owskis for paving the way for them, and they would be honored to step in the ring with them next.  The veterans eagerly accepted this challenge, and it was announced later in the evening that The Beautiful Boys and The Owskis will face off at Carnival of Conquest!

Cheese Louise and Janice Janet squared off in singles action.  They had a back-and-forth encounter, but all it took was one Pasteurizer to secure the win for the JCA’s newest member.  After the match, Louise called out the PSA Women’s World Champion, Heather N. Marcus, for a Title match at Carnival of Conquest!  Not only that, but the rest of the Jonsun Culinary Academy want to face Corwin.. and Adam for the PSA Tag Team Title at this event; how will the Champions respond?

Hernando Muertes, who made his return to PSA in an incredible match at Now or Never, was asked to address his opponent: Rasgón.  “The Ace of the Damned” gave his respect to “The Grim Ripper,” as it isn’t easy to win your debut match on a Special Event.  However, Muertes noted that one win doesn’t make a star.  To prove who truly is the better man, he laid out the challenge for the first Best of 7 Series in PSA history!  Will Rasgón accept?

Next, Ashes of the Spear came down to ring to celebrate their respective victories at Finest Hour and Now or Never.  Tara and Drew Pender were ecstatic to be the Roster Roulette and PSA Hardcore Champion, and Hayley promised that it would not be long before she had Gold around her waist once again.  Unfortunately, their celebration was cut short by Champions of the Sea, who are determined to help Swashbucklin’ Sheri regain the RR Title.  The tension between these alliances was reaching a boiling point, so Johnny Warren scheduled an impromptu mixed tag team match of Dave and Sheri vs Tara and Drew!

Champions of the Sea took the fight to Ashes of the Spear, but the contest kicked into another gear when the teams’ respective managers, Spack Jarrow and Hayley, were ejected from ringside.  As the two left, everyone was surprised to see Leonard Lopez come down to the ring.  Drew began yelling at Lopez to leave, which gave Dave the perfect opportunity to hit him with a diving Cannonball over the top rope; Sheri took advantage of this distraction by getting the pinfall victory with a Cannonball of her own!  Can Sheri become a three-time Roster Roulette Champion?

As Leonard Lopez smirked his way to the back, he passed his best friend and PSA World Champion, Keith!  Formerly known as “Mr. Lose Guy,” Keith revealed that this was the perfect time for a rebrand.  From here on out, he simply wants to be known as “Mr. Guy!”  Keith is grateful for the PSA Faithful’s support over the years, and he is ready to defend the PSA World Championship against any and all challengers!  As he raised the Title, however, he was ambushed by Samuel Binglebottom.  These two have a storied history with one another, and it looks like the next chapter is going to be written very soon.

The Main Event of Ultimate Hour was a 3 Way match between TYSON, Pletch, and Mark Cooper Jr., with the winner challenging for the PSA Hardcore Championship at Carnival of Conquest.  In this fun matchup that had MCII as a major highlight, TYSON pinned a distracted Pletch with the Dome Driver after his mystery box, which was sitting at ringside, moved on its own.  What could possibly be inside?

The new Director of PSA, Johnny Warren, kicked off Now or Never by addressing the PSA Faithful.  He welcomed everyone to this new era, and he promised that we would see The Lifeblood Initiative in full effect tonight.  Next, he declared that due to Corwin’s brutal attack on Brittany Blake at Finest Hour, “The Devil’s Chosen One” is banned from ever challenging for the PSA World Championship while Warren is in charge.  With that out of the way, “The Lifeblood” turned his attention to Josh Grabowski.  He explained that after doing everything he could to help Josh become PSA World Champion, he was disgusted to see him celebrate with Andrew, the man who stabbed him in the back and cost him that Title in the first place.  But taking that out of the equation, Grabowski simply wasn’t a good Champion; he barely showed up, and when he did, he either lost or ended matches in countout draws.  PSA deserved better, so Warren gave them better by gifting that Title to someone new: Keith.  Speaking of, Johnny warned Keith that if he fails PSA like Josh did, he will destroy him and find someone better.  To end his speech, Warren clarified that he and Josh will never face off in the ring, they will never make amends, and Josh will never be PSA World Champion ever again.

20 of PSA’s best competed in the Now or Never Battle Royal, with the winner earning a Championship match of their choosing tonight.  Several wrestlers made their PSA debut here, including The High Five’s Maximilien Plouffe and Sir Alex Westworthy.  There was also a random old person named Spoonman, but the current belief is that this was a fan who snuck his way into the match  Most wrestlers held their own, but Allen, who has officially joined the PSA roster, walked out on top when he last eliminated Mark Cooper Jr.

Trunk faced off with Undkban once again, but this time it was inside After Hours Anarchy.  With no ropes and the only ways to win being knockout or submission, both men took this match to the extreme.  Trunk proved that his resilience is better than most, but everyone has their limit; as he ran at his opponent with a headbutt, he was knocked out cold by Undkban’s Sands of Time.  During Undkban’s celebration, however, the PSA Faithful were shocked to see the return of Cali Dynamite, who hit “The Pharaoh” in the back with a steel chair!  Dynamite never forgot who injured him over a year ago, and he has officially aligned with The Lifeblood Initiative in order to get his revenge.

Cheese Louise, Swashbucklin’ Sheri, La Biblioteca, Hayley, Cruella Castonova, and Brittany Blake competed in the Women’s Debt Collection Ladder Match.  Blake, who has fully committed to The Lifeblood Initiative following Corwin’s attack at Finest Hour, finally embraced the aggressive tendencies that she was teasing for months.  This, along with a newfound partnership in The Lifeblood Initiative’s fourth member, Cruella Castonova, helped Blake retrieve the briefcase and become the 2025 Women’s Debt Collector.

One of PSA’s newest stars, Rasgón, competed against the returning and reborn Hernando Muertes.  In a fantastic matchup, Rasgón came out on top when he reversed the Midnight Driver into the Ledger Shredder.  Even so, either man could have walked out on top, and it will not be long before these two meet in the ring once again.

Next, The Owskis faced The Disciples for the first time ever.  With no chance of getting revenge against Johnny Warren, Josh and Andrew are on a quest to recapture the PSA Tag Team Championship.  Luckily for them, the PSA Faithful are fully behind this pairing, and they proved how deserving they are of this support in this match of the year contender.  While Drov and Grabowski were brawling at ringside, Frankowski hit Draco with the Sandbag to give The Owskis their second win of the year.  As Draco and Drov recovered in the ring, they were attacked by JX2, who have also pledged themselves to The Lifeblood Initiative!  Are The Disciples their first target?

After winning the Now or Never Battle Royal earlier in the night, Allen chose to challenge Drew Pender for the PSA Hardcore Championship.  In a competitive Hardcore Classic, “The Shepherd of Fire” bested Allen with the What Goes Up Must Come Down to continue his reign as Champion.

The Main Event of the evening was the Men’s Debt Collection Ladder Match.  Samuel Binglebottom, Goldielox, Gilgadar, Leonard Lopez, and the returning Ben Richards were all announced ahead of time, but no one knew who the final participant would be.  Johnny Warren promised earlier in the night that he ensured that only the best would leave with the Debt Collector, and his way of doing so was by entering himself into the match!  In the contest itself, Ben Richards shook Warren’s hand to signify that he was the seventh and final member of The Lifeblood Initiative.  As Richards tried to help Warren retrieve the briefcase, however, he was taken out by his brother, Samuel Binglebottom.  This gave Goldielox the opportunity to climb the ladder, knock Warren off, and become the 2025 Men’s Debt Collector!