EliteXC folding? good. Jake Shields in the UFC? good. Diaz-Alvarez being postponed/canceled? bad.We are confirming that EliteXC has folded. What this means for our fans and supporters is that there will not be a Nick Diaz vs. Eddie Alvarez fight on November 8th. However Jake Shields in the UFC has now become a real possibility. We will be updating our site for future developments.