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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: KonKilo who wrote (31828)	11/20/2006 10:41:46 PM
From: joseffy	Read Replies (1) of 48461

Here's something to invest in ? November 20, 2006 Associated Press News Air America Gets Another Week for Sale NEW YORK (AP) - Air America Radio, the liberal news and talk radio network headlined by the comedian Al Franken, has another week to find a buyer. A lawyer for the network, Tracy Klestadt, told a bankruptcy hearing Monday that the company was in "advanced negotiations with a few parties" about a sale, and expected to have more definitive news on a deal in a week. Under its financing agreement, the network had faced a deadline of this Wednesday to have a deal in place for a buyer, but Klestadt said the network's lender had informally agreed to extend the deadline by about a week. The network, which went on the air two years ago, filed for bankruptcy reorganization on Oct. 13 after discussions with one of its creditors reached an impasse. It is continuing to operate in the meantime as it searches for a buyer. Klestadt declined to say who the potential buyers are.

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