The Bohm family stations (KVLI-FM, KQAB, KCNQ) were hit with 21K in fines for failing to renew their licenses in a timely fashion. I know that they have been trying to sell these stations for several years but that's no excuse for not taking care of business--particularly FCC business. The Commission can get nasty about these things.
http://www.fcc.gov/Daily_Releases/Daily_Business/2011/db0208/DA-11-234A1.pdf
http://www.fcc.gov/Daily_Releases/Daily_Business/2011/db0208/DA-11-235A1.pdf
http://www.fcc.gov/Daily_Releases/Daily_Business/2011/db0208/DA-11-234A1.pdf
http://www.fcc.gov/Daily_Releases/Daily_Business/2011/db0208/DA-11-235A1.pdf