The parent organization of KKXT is in major financial trouble, a situation has existed since the very beginning of the concept of acquiring the 91.7 property. The organization arranged for a 17+ million dollar interest-only loan to fund the purchase. Many of the covenents required by the lender(s) have never been in compliance. There's now talk of the loan being called for default. Part of the overall debt/expense problem is the massive expense from the operation of several KERA-FM translators, some of which I've been told are not even currently operating due to the phone company cutting off the transmission links for non-payment. Can anyone confirm this?