In a lawsuit to be filed tomorrow morning (07/05/06), the truth behind the much posted about Arkansas Priorty Radio Network and it's counterpart WAI Radio will be told. The posts on this site say that the network was the idea of Grant Merrill and Pat Lynch, which it was not. All legal information regarding this network is filed with the Secretary Of State and are in the name of Stephen Freeman. The lawsuit focuses on the sale of WAI Radio and The Arkansas Priority Radio Network by owner Steve Freeman to buyer Gordon Heiges of Gordon Media Group and TCR Radio LLC. According to documents to be filed in the lawsuit, Mr. Heiges now refuses to comply with the sales contract and refuses to pay for the business as called for under the asset purchase agreement. However, he plans to keep the companies and in fact launches a Little Rock affiliate tomorrow morning, AALR 1380 AM. Mr. Freeman resigned his position as VP/Director of Operations in May of this year. Mr. Freeman is represented by Jason Stuart of Ball & Stuart, PLLC. Mr. Stuart is available for comment.
*Parts of this post have been copied from a formal press release*
*Parts of this post have been copied from a formal press release*