CHUCK LONTINE IS THE MANAGER, 100% OWNER AND SOLE OFFICER OF ASSIGNOR, MARCONI WIRELESS OF COLORADO, LLC ('MWOC'). MWOC IS THE LICENSEE OF KKCL. CHUCK LONTINE IS ALSO THE MANAGER, 100% OWNER AND SOLE OFFICER OF ASSIGNEE, MAINSTREET MEDIA OF COLORADO, LLC ('MMOC') WHICH HOLDS THE LICENSE FOR FM TRANSLATOR STATION K245AD. UPON CONSUMMATION OF THE PROPOSED TRANSACTION, MWOC WILL HAVE NO FCC LICENSES AND MMOC WILL HOLD THE LICENSES FOR BOTH KKCL AND K245AD. CHUCK LONTINE WILL STILL OWN AND CONTROL THE LICENSES FOR BOTH STATIONS THROUGH HIS OWNERSHIP OF MMOC. THE PURPOSE OF THIS TRANSACTION IS TO CONSOLIDATE OWNERSHIP OF THE FCC LICENSES INTO A SINGLE ENTITY.