[Kzyxtalk] KZYX License Sale - 11/30/05

[Doug McKenty]

Interesting. 

Shortly after her stint on the board, Lynda McClure lost her program and was gone until recently, when she was allowed back. 

Doug

Sent from my iPhone

> On Jun 9, 2016, at 9:50 AM, Scott Peterson <scottmartinpeterson at hotmail.com> wrote:
> 
> check this out:
> 
> 
> http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_200606_990.pdf
> 
> 
> there's an interesting transaction on 'STATEMENT 1' (page 15) .. 
> 
> 
> it's under 'NET GAIN (LOSS) FROM NONINVENTORY SALES' .. 
> 
> 
> DESCRIPTION:     STATION LICENSE
> 
> DATE ACQUIRED:    1/01/1990
> 
> HOW ACQUIRED:     PURCHASE
> 
> DATE SOLD:     11/30/2005
> 
> TO WHOM SOLE:   [BLANK]
> 
> GROSS SALES PRICE:     0.
> 
> COST OR OTHER BASIS:     15,000.
> 
> DEPRECIATION:     15,000.
> 
> 
> now look through the list of board members on that Form 990 (pages 17, 18) .. 
> 
> 
> what do you see? .. I see a couple of ball players who managed to keep their 
> 
> 
> shows on the air .. but weren't watching the ball .. 
> 
> 
> am I missing something? .. 
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