Rather than return the license, I'm surprised the station wasn't taken silent with an intention to sell to someone else later. The station may cover a lot of rural land, though the station could be an extension of another current station's footprint as a simulcast. Cell towers don't cover the area either, so a radio station's app doesn't work as well as a terrestrial signal.
Even if Dockins wasn't programming it, he could still collect a check from someone as an LMA.
Take it from someone who knows Fred, and has dealt with him for over 20 years. KDKN was a terrible buy from the start, and was an exercise in futility and ego.
KDKN was purchased when Fred was in the mode of buying stations just to increase the number of properties he could boast about owning. KDKN never served a significant population, but programmed right, it might have limped along. UNFORTUNATELY, Fred, for whatever reason, allowed a station in a rural, poorly educated, older tourist-destination type, economically depressed area, to be programmed with Alternative Rock as The Zone, as a sister station to KLMZ in Leadwood. I have to assume this was done at the behest of his sons, although I have no proof. Whatever happened, it was a waste of a 50kw signal. Unless you have a herd of deer who are really into Motionless In White, that is. Lots of bucks, but no bucks to spend...Badum dum! (Drum reference, if you ask!)
He who dies with the most toys wins isn't true. He who dies with the most Radio stations doesn't win, he just has either a lot of money or a loss of self-control. KDKN wasn't the first. KTNX in Arcadia was deleted recently. KYLS-AM just last month. He sold KFDS and KOZX in the Mountain Grove area last year after having them on the market for 2 years. That, after deleting KELE AM in Mountain Grove earlier. KQLS in Lutesville is on the market. It covers more population as a Class A than KDKN did as a C2, but it doesn't hit Cape Girardeau, MO with a robust signal. It was non-comm for years owned by a local preacher. He's in the process of moving KPWB FM closer to Farmington, but it's still going to be at best a rimshot signal. KWKZ, KYLS and KLMZ are the best signals he has. Once he deleted KTNX, he should have approached Alpha/Connoisseur to buy KTJJ instead of moving KPWB. After seeing what Miles Carter paid for 15 stations, Fred could have had KTJJ much cheaper than moving a marginal signal. Those of us with more than a passing knowledge of what's happening in Missouri knew Alpha was willing to part with those stations for YEARS.
I don't know if Fred is dropping the dead weight and consolidating to sell everything, or conserve finances to make a run at something else. Believe me when I say I know of practically every station for sale in Missouri, Arkansas, Illinois, Kentucky and Tennessee, and who's interested in them. I've heard rumblings, but those are confidential. I won't tell people what I've been told in confidence. Have I heard something? Yes. Will I tell you? No. Just keep watching. Fred still has to deal with his stations in Florida as well. Deleting KDKN was a business decision. A good business decision. The first one after buying it in the first place and programming it the way it was. Both of which were bad decisions. Just my educated opinion.