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Radio Goldfield For Sale?

C

Carmine5

Many of you remember the story of Radio Goldfield and how it got on the air.

Here's the full story:

http://www.rwonline.com/article/5474

Now it appears that Radio Goldfield is up for sale - or, at least, the description on the MCH website matches very closely to Rod Moses' station and circumstances:

"it's not a pirate anymore. A local Senator did not want to see this rural part of his State go without a local "voice", so he intervened and now this non-commercial operation has a construction permit...The asking price is $100,000 and there is also the opportunity to purchase the mobile home that currently serves as the studio...This is Nevada gold country with a strong local history."

http://www.mchentinc.com/stations_for_sale.htm

If this is the same station, why sell after putting up such a fight to stay on the air?

C5
 
Carmine5 said:
Many of you remember the story of Radio Goldfield and how it got on the air.

Here's the full story:

http://www.rwonline.com/article/5474

Now it appears that Radio Goldfield is up for sale - or, at least, the description on the MCH website matches very closely to Rod Moses' station and circumstances:

"it's not a pirate anymore. A local Senator did not want to see this rural part of his State go without a local "voice", so he intervened and now this non-commercial operation has a construction permit...The asking price is $100,000 and there is also the opportunity to purchase the mobile home that currently serves as the studio...This is Nevada gold country with a strong local history."

http://www.mchentinc.com/stations_for_sale.htm

If this is the same station, why sell after putting up such a fight to stay on the air?

C5
Click to expand...

I wonder if they have $$$$ problems. Although with a 15 meter "Tower" and 115 watts, they should be able to build the transmission system for under $10K including "Tower".

Maybe more like "Tired of it and want to try and cash in"?

Who knows. $100K seems pretty steep to me. Especially with a declared served population of 347 people. $300 is pretty high. That would make NYC stations worth in the multiple BILLIONS. I don't think so.

Clouseau
 
Have any of you ever been to Goldfield, NV? It's in the middle of the middle of nowhere. lol..lots of junk there and none of it for sale.
 
Carmine5 said:
Many of you remember the story of Radio Goldfield and how it got on the air.

Here's the full story:

http://www.rwonline.com/article/5474

Now it appears that Radio Goldfield is up for sale - or, at least, the description on the MCH website matches very closely to Rod Moses' station and circumstances:

"it's not a pirate anymore. A local Senator did not want to see this rural part of his State go without a local "voice", so he intervened and now this non-commercial operation has a construction permit...The asking price is $100,000 and there is also the opportunity to purchase the mobile home that currently serves as the studio...This is Nevada gold country with a strong local history."

http://www.mchentinc.com/stations_for_sale.htm

If this is the same station, why sell after putting up such a fight to stay on the air?

C5
Click to expand...

I believe that this station is an LPFM. It doesn't even yet have a set of call-letters in the FCC database. As an LPFM, he legally cannot sell it for profit. LPFM's have to be licensed to a non-profit organization, not an individual. If he sells the station he must take all of the proceeds of a sale and donate it to a similar type of non-profit organization. Generally, he will have to close his non-profit organization. He'd be better off keeping the station and operate it in the spirit of what the LPFM service was originally intended for. He could easily get underwriting to cover the cost of operating it, which really doesn't amount to much.
 
Is this 106.3? If so, it's not licensed.
All I could find out about it is that (if it was the one shut down by the F.C.C.) it was granted an STA that expired last year. If it's operating now, I believe it's illegal.

All the times I drove through Goldfield, KHWK in Tonopah was easily heard. It's about 2000 feet higher in altitude than Goldfield.

Don't know what benefit it would be to anybody to do the purchase, unless one wanted to retire to nowhere and broadcast (as a hobby) to? :-\

A Part 15 AM would cover Goldfield much more economically! ;D
 
Here is the application for Rod Moyes' (not Moses) station.

http://fjallfoss.fcc.gov/cgi-bin/ws...t=25&appn=101212473&formid=340&fac_num=175110

As I recall the history on this, the FCC gave him an STA and even found a vacant channel for Radio Goldfield which allowed the station to broadcast until an LPFM window would be open. I don't think Moyes ever got an actual LPFM license.

Instead of an LPFM window, a non-com window opened and Radio Goldfield got a CP for 89.1 at 150 watts. There's also an app for a commercial station at 100.3 for Goldfield filed by Keily Miller who owns KHWG in Fallon, NV. The two proposed tower sites are near each other but not the same. Ms. Miller's app is based on a rulemaking decision so who knows when/if it will be approved?

With just 347 people within it's 60 db contour I can't imagine this station being worth 100K, even if they threw in the mobile home/studio. Their may be some isolated pockets of people but, mostly, Radio Goldfield is broadcasting to the rodents and reptiles that live in the area. Who would buy it?

It would seem better, as was suggested, if the board members of Radio Goldfield Broadcasting could secure underwriting to keep their fledgling station running and in their possession. Are their any Native American casinos in the area that they can tie into?

C5
 
1 year left on this CP,,,,,,,,,,,,I wonder if this will ever go on the air. The website makes it seem as he is broadcasting or taking contributions.
Guy

Anyone know how this project is going?

http://www.radiogoldfield.org/
 
Re: Radio Goldfield has some new "board members"

I did some research today on this CP, the new corp board is getting ready to finally move forward on this project. I had a real nice conversation with them, I think this will finally become a licensed legal community station.
 
druidhillsradio said:
"As an LPFM, he legally cannot sell it for profit."
Huh where did you hear that? LPFM's sell for profit every day.
Click to expand...

That's interesting. Care to list maybe 3 or 4 of the "every day for profit transactions"? I would find it interesting to look up the transactions in the FCC records and see how these "profitable" transactions are reported to the FCC.

Here is what the FCC rules say about the topic:

§ 73.865 Assignment and transfer of LPFM licenses.

(a) Assignment/Transfer: No party may assign or transfer an LPFM license if:

(1) Consideration promised or received exceeds the depreciated fair market value of the physical equipment
and facilities; and/or

(2) The transferee or assignee is incapable of satisfying all eligibility criteria that apply to a LPFM licensee.
Click to expand...

Selling for "the depreciated fair market value of the physical equipment and facilities" does not sound like a transaction involving profit.
 
It is my understanding that, generally speaking, LPFMs are either donated to another entity, or are taken silent.

http://www.ccbroadcasters.com
 
This is a guess on my part. I will do more research:

The original FCC rules for LPFM assumed that any not-for-profit organization that was given an LPFM license would live on forever, and since they were "the worth applicant" they would see fit to operate the station on and on and on forever. There were provisions that the FCC wanted to know about major changes in the board that runs the not-for-profit.

Give or take three years ago they came to the realization that sometimes a given not-for-profit runs out of talent and or runs out of funds and can no longer justify continuing the stewardship of the frequency entrusted to them.

Since the government does not consider LPFM worthy of even opening the application window more than once every 5 or 6 years, they became convinced that maybe the earlier rule was not fair to THE COMMUNITY involved. Why should one and only one organization be the sole decider whether LPFM continued to operate in the community. So the rule was added that allowed for transfer of the OPERATING LPFM to some other willing and worthy organization.

I believe the rules do forbid the transfer of a Construction Permit of an LPFM to some other group. If I've got this figured out correctly, during the first 6 or 7 years that LPFM existed there was no legal provision for transfer thus people took them DARK if they were unwilling or unable to continue. For the most recent three years or so it has been possible to have a transfer of ownership.

For anyone wanting to pursue the disposal or acquisition of an LPFM and wanting details on how it can be done correctly, I would contact the folks at www.ccbroadcasters.com for some first person experience in that area.
 
The CP in question here is not for a LPFM,,but rather a non-comm.
Guy
 
GRC,

That's pretty much my understanding too.


Guy,

I follow you now. Non-comms can be sold; the rules are different than for LPFM.
 
OK Goat, someone comes in with donated equipment, a CP is issued, the donated station somehow is sold for 30K. Soundslike a profit. I am not ratting out the callsign. But it does happen.
 
You are entitled to be recouped for attorney and engineering fees as well,,,,,,,,,,,,,
Guy
 
Carmine5 said:
Many of you remember the story of Radio Goldfield and how it got on the air.

Here's the full story:

http://www.rwonline.com/article/5474

Now it appears that Radio Goldfield is up for sale - or, at least, the description on the MCH website matches very closely to Rod Moses' station and circumstances:
Click to expand...

This is a Wild Goose Chase.... or maybe a Wild GOAT Chase.

A check of the FCC records for the Construction Permit granted to Rod Moses in 12/06 indicates the following actions in 12/09:

Public Notice Comment
BNPL-20061206AFY Low Power FM CP New Station.

Dismissed 12/23/2009 per Applicant's request - no letter sent

Petition for Reconsideration of Grant of STA 20091206AFZ Dismissed as moot 12/23/2009 - no letter sent
Click to expand...

The CP was for an LPFM. It was never built. I WILL NOT be for sale.
 
druidhillsradio said:
OK Goat, someone comes in with donated equipment, a CP is issued, the donated station somehow is sold for 30K. Soundslike a profit. I am not ratting out the callsign. But it does happen.
Click to expand...

Was the station you are describing licensed as an LPFM or was it the traditional "non commercial educational" type of station. There is probably more room to maneuver such a deal on an NCE.

The party making the sale that you describe may have found a way to slip it past the FCC but slipping it past the IRS on an income tax return for a not-for-profit corporation may raise a flag.

SECOND QUESTION:

Are you saying one not-for-profit corporation transferred an LPFM license to another not-for-profit corporation? Or is this a case where the station (or construction permit) stayed with the original corporation but the enthusiast, the dreamer who formed the original corporation agreed to "get lost" for $30,000 so someone else could be elected the primary board member of the existing corporation? I could see that one being walked through the process by a skilled attorney.

It is possible that the value of the donated equipment plus the value of studio construction/remodeling would actually equal $30,000 thus no profit.
 
Now I remember looking this one up before, and it is a confusing trail.

The original application was for an LPFM. (See my previous message tonight) In that application he is listed as Rodney Moses.

While that CP was sitting there waiting to be built, they apparently jumped in during the last window for non-commercial educational stations and applied for another station as an NCE at 150 watts. Now second application has been granted but appears from what I can see remains unbuilt at this point. On this application he is Rodney Moyes.

He can't be involved in both so they cleaned up the paperwork as shown in my previous post by asking that the LPFM CP be cancelled.

Now back to the original post, the original question: One station listed by the broker is Christian format but operating on a COMMERCIAL FREQUENCY and the other is a commercial C1 so I don't think either listing is Goldfield.
 
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