My understanding is that Randy Michaels ran the station for one day to keep the license, and then shut it off citing financial woes.
The station was built to be sold, and Randy wants too much for such a little station (the coverage area barely covers Watseka with a city-grade signal). Then again, that price may be inflated because WGFA was looking to purchase the station. If someone else comes along, the price tag may go down a bit, but who would want a station that's, more or less, a glorified translator in this bad economic time? I don't think it even has an antenna bay on its tower on Watseka's west side.