<html><body><div style="font-family: Arial; font-size: 12pt; color: #000000"><div aria-label="Compose body"><br></div><div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);"><a href="http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf">http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf</a></span></span><a class="Object-active" id="OBJ_PREFIX_DWT2943_com_zimbra_url" href="http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf" target="_blank" aria-haspopup="true" tabindex="0" data-mce-href="http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf" data-mce-style="color: #336699; cursor: pointer; font-family: Helvetica, Arial, sans-serif; background-color: #fdfdfd;"></a><a class="Object-active" href="http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf" target="_blank" aria-haspopup="true" tabindex="0" data-mce-href="http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf" data-mce-style="color: #336699; cursor: pointer; font-family: Helvetica, Arial, sans-serif; background-color: #fdfdfd;"></a></div><div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);"><br></span></span></div><div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;">There's an interesting transaction on 'STATEMENT 1' (page 15) ..&nbsp;</div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><span style="font-size: 12pt;">It's under 'NET GAIN (LOSS) FROM NONINVENTORY SALES' ..&nbsp;</span></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><span style="font-size: 12pt;">DESCRIPTION: &nbsp; &nbsp; STATION LICENSE</span></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;">DATE ACQUIRED: &nbsp; &nbsp;1/01/1990</div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;">HOW ACQUIRED: &nbsp; &nbsp; PURCHASE</div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"></span></span></span><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;">DATE SOLD: &nbsp; &nbsp; 11/30/2005</div><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;"><br></div><div style="font-family: Helvetica, Arial, sans-serif;" data-mce-style="font-family: Helvetica, Arial, sans-serif;">*****************************************************************************************************************************************************************************************************************</div><span color="#336699" face="Helvetica, Arial, sans-serif" data-mce-style="color: #336699; font-family: Helvetica, Arial, sans-serif;" style="color: #336699; font-family: Helvetica, Arial, sans-serif;"><span style="cursor: pointer; background-color: rgb(253, 253, 253);" data-mce-style="cursor: pointer; background-color: #fdfdfd;"><br></span></span></div><div style="color:#000;font-weight:normal;font-style:normal;text-decoration:none;font-family:Helvetica,Arial,sans-serif;font-size:12pt;" data-mce-style="color: #000; font-weight: normal; font-style: normal; text-decoration: none; font-family: Helvetica,Arial,sans-serif; font-size: 12pt;"><div style="font-family: Arial; font-size: 12pt; color: #000000" data-mce-style="font-family: Arial; font-size: 12pt; color: #000000;"><div style="color:#000;font-weight:normal;font-style:normal;text-decoration:none;font-family:Helvetica,Arial,sans-serif;font-size:12pt;" data-mce-style="color: #000; font-weight: normal; font-style: normal; text-decoration: none; font-family: Helvetica,Arial,sans-serif; font-size: 12pt;"><div><span style="font-family: Arial; font-size: 12pt;">Is this the "smoking gun" we're looking for, Scott? Not sure what this filing means. I'm confused. Not sure what this "sale of asset" means, Scott. Did the station sell or transfer one of its FCC licenses?</span></div><div style="font-family: Arial; font-size: 12pt; color: #000000" data-mce-style="font-family: Arial; font-size: 12pt; color: #000000;"><div><br></div><div>Really?</div><div><br></div><div>About the signatories: Rawlins is long gone and won't return phone calls about KZYX. My attorney tried calling her years ago. Meanwhile, Lamb is deceased.</div><div><br></div><div>Incidentally, note the sharp escalation of the GM's salary since 2005. Rawlins got paid $33,502. Coate got paid $60,000. Wow! &nbsp;Double in only ten ((10) years.</div><div><br></div><div><br></div><div>BELINDA RAWLINS, GENERAL MANAGER, $33,502. (ANNUAL SALARY), PO BOX 633 40 PHILO, CA 95466</div><div><br></div><div>ANTONIA LAMB, DIRECTOR (SALARY--NONE), &nbsp;PO BOX 395 1 MENDOCINO, CA 95460</div><div><br></div><div>*****************************************************************************************************************************************************************************************************************</div><div><br></div><div><br></div><div>Also, Scott, not the following statement made by the station's accountant towards the end of the filing: Was another filing made in the proscribed ninety (90) days?</div><div><br></div><div>TAXPAYER RESPECTFULLY REQUESTS ADDITIONAL TIME TO GATHER INFORMATION NECESSARY TO FILE A COMPLETE AND ACCURATE TAX RETURN</div><div><br></div><div>*****************************************************************************************************************************************************************************************************************</div><div><br></div><div>It looks like this was the station's accountant back in 2005 when this filing was made:</div><div><br></div><div>TATE, PROPP, BEGGS &amp; SUGIMOTO</div><div>1545 RIVER PARK DR. #375</div><div>SACRAMENTO, CA 95815</div><div><br></div></div></div></div></div><div><br></div></div></body></html>