----- Original Message -----
Sent: Monday, February 24, 2003 3:10
PM
Subject: VS: [DX] 1440 WJJL,Ny
WJJL declares bankruptcy.
What used to be a significant radio station in Niagara Falls is now
listed as a bankrupt business operation using a West Seneca, NY address from
the rear of a shopping plaza. M.J. Phillips Communications, a/k/a WJJL
1440 Radio, 920 Union Road, West Seneca has published information indicating
it doesn't have enough money to pay its debts and is asking the court for
protection under Chapter 11 of the bankruptcy laws. WJJL is listing
$180,859.25 in debt and $67,020 in assets. Most of the assets are
believed to be non-liquid in the form of essential radio equipment which still
includes a transmitting tower off Buffalo Avenue in Niagara Falls. As of
Saturday, 2/22 the station was still on the air. Under the bankruptcy
law it hopes to get away with not paying, or not paying in full, those
who gave it credit. The negative worth of the radio station compared to
the relative value of the license makes the property prime for an involuntary
sale. (2/22/03)
Olisiko webbisivut
tuon takia suljettu.
En tiedä
e-mailiosoitetta, toimineeko sekään :)
73
JSA
Moi
Aseman kotisivut eivät ole auenneet monista
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T:
JPI