Transactions: 5-21-10


$2.75M WNGS-DT Buffalo NY (Springville NY) from Word of God Fellowship Inc. DBA Daystar Television Network (Marcus D. Lamb) to ITV of Buffalo LLC/Code 3 Broadcasting LLC (Philip A. Arno, Donald M. Angelo). $50K escrow, $450K caseh at closing, two notes totaling $2.25M. Former Equity Holdings station, silent since DTV transition, sold as is, where is, with all faults. Seller will begin to restore to operation, with buyer funding up to $300K, and with buyer providing additional funding on approval. [FCC file date 5/17/10]