Soda Springs deal leaves paper trail
The station is part of the Idaho Falls-Pocatello market.
The seller is Flash Broadcasting LLC. Franklyn Vilt is its managing member.
The buyer is Old West Media Inc., headed by Val Cook.
The deal is valued at $110,500, and is entirely covered by a promissory note. Essentially, buyer will be taking over certain payments attached to the station. This includes two loans financed by Caribou Broadcasting, money to purchase a repeater license and equipment for translator, and refinancing of business loan carried by Flash.
KBRV-AM is a Class D on 800 kHz with 10 kW-D, 150 W-N, ND.
Old West owns KASL-AM Newcastle WY and has LMAs with KNYN-FM Fort Bridger WY and KADQ-FM Evanston WY. None of them have any contour overlap with KBRV.