[BC] Station for sale on eBay

[Mike McCarthy]

Hmmm...that's a can of worms for certain.  $300K for 67%...equals 
about $450 total price.  OK...so is this silent partner ready to ante 
up another $100K comparative contribution to get the place back on 
it's feet? If they did, I would think they would have bought out the 
controlling partner.

Nope, this is not a good situation.

MM

> Well, my curiosity got the best of me, so I sent the seller a 
question.
> There's a note in the description telling the interested party not to
> contact the station.  So I sent a simple question via ebay's email 
system.
> That is "are you the licensee of the station"?  The response was, "I 
am the
> 67% share holder and hold controlling interest. I am ready to sell 
and the
> new controlling interest owner will take over".  So in reality, you 
are not
> purchasing the station, you are purchasing controlling interest in a
> station.  After reading the situation the station is in, looking at 
the
> facilities on the FCC's website (it's a 500 watt daytimer with a 
pending app
> for night time service), I thought $300k is a little much to be 
asking.  Now
> that I know $300k is only buying controlling interest, I KNOW it's 
too much
> to be asking.
> 
> Scott Cason
> President
> LaGrange Communications, LLC
> 502-213-0024
> www.lagrange-com.com
> 
> 
> 
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Reply to <towers at mre.com>
>From my traveling acount...