Transactions: 7-08-09

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$650K WLTQ-AM Charleston SC from Indigo Radio LLC (Mark W. Jorgenson) to Faith Broadcasting Corporation of Charleston (Katrina L. Chase). $50K escrow, $600K note. LMA 7/1/09. If station upgrades to 5 kw-D, seller earns an extra $100K, downgraded proportionally if upgrade is to lower daytime power. Currently, station is Class D on 730 kHz with 1.1 kw-D, 103 w-N, ND. [FCC file date 6/12/09]