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4/7/2010 Biz Radio Chapter 7 Involuntary Bankruptcy Petition
   

The Receiver has been in negotiations for a possible workout solution between KCM and Biz Radio.  Notwithstanding ongoing discussions, on March 31, 2010, without notice to the Receiver, a Chapter 7 Involuntary Bankruptcy petition was filed on behalf of Stephen C. Cook, Kevin Deering and Florence Riley.  The Petition is attached hereto.  The Receiver is considering its options with respect to Biz Radio.

Biz Radio Chapter 7 Involuntary Bankruptcy Petition