Cash for gear in LPFM deal; Epperson donates AM


$15K WMJP-LP Lake City FL from Florida Community Radio Inc. (Sylvia Watson) to Angel Ministries of Lake City Inc. (Minnie Williams et al). $2.5K deposit, balance in cash at closing. Contract stipulates that only equipment is being sold. It is illegal to sell the license of an LPFM station. [FCC file date 6/11/12]

N/A WRJR-AM Norfolk-Virginia Beach-Newport News VA (Claremont VA) from Chesapeake-Portsmouth Broadcasting Corporation (Nancy A. Epperson) to Iglesia Nuevo Vida of High Point (Javier Fernandez et al). Donation to non-profit entity. Station will be appraised for tax purposes, donee must either hold station or transfer only to another non-profit for a minimum of three years. [FCC file date 6/12/12]