Reno AM on the auction block

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$75K is the price of admittance and you’ll need poker chips in the amount of $5K to continue to participate in the bankruptcy auction of KQLO-AM 1590, which when up and running serves the Reno market from Sun Valley NV. Broker Ray Rosenblum is trying to scare up some bidders – so far there’s only one – and the big day is 5/26/09. An attempt by the most recent owner to run the station as debtor in possession was turned down.