From: "Jeffrey E." <[email protected]> To: "James P. McGee" Subject: Re: WVWI Follow Up Date: Sun, 19 Feb 2017 10:49:00 +0000 thanks jim. as i said i only want numbers. cost to rebuild number of employees, i need the curent financials and those for the past 5 years. revenue models. biz plan. etc. one thing is not to make any money , another is to go into a black pit On Sun, Feb 19, 2017 at 5:13 AM, James P. McGee < > wrote: Jeffery: I know that you don't like getting lengthy emails (You and I are a lot alike that way) but you also wanted the detailed background information on the Radio Station situation, so here it is. As discussed, and as you requested, I am providing you the additional details around Radio ONE (1000 AM) with respect the asking price by Gordon Ackley, as well as the `inside baseball' around the purpose of his selling and the realistic costs associated with respect to the asset and what the expected goals of such a project would be. With regard to his "Asking Price" / My information comes from a person who intricately involved with Gordon and serving as the most appropriate "go between" for us during these discussions. Gordon is currently looking for $250,000.00 at this time, which would get us the following: • The WVWI FCC license; • The VI Port Authority Lease of the Crown Bay Studio location; • The Lease of the Property on Hillside where two dishes are located; • The transmitter tower and a sliver of real estate that is also leased from the same person who holds the lease on the dish location. As far as we know, the Sale Price does not currently include the KISS FM 101.3 Frequency but that is something we can inquire about (and we should). It should be noted though that this still is essentially a "Fire Sale Price" that Gordon is offering, based on what my current intel informs me is desire to divest from a number of his current holdings in the USVI. EFTA01053946