ON DECEMBER 8, 2008, THE LICENSEES PARENT CORPORATION FILED A PETITION FOR BANKRUPTCY RELIEF UNDER CHAPTER 11 OF THE FEDERAL BANKRUPTCY CODE, CASE NO. 4:08-BK-17646-M, U.S. DISTRICT COURT FOR THE DISTRICT OF ARKANSAS. WBIF DOES NOT HAVE POST-PETITION FINANCING AND COURT APPROVAL TO CONSTRUCT DIGITAL FACILITIES. ACCORDINGLY, IT HAS NOT BEEN POSSIBLE TO IMPLEMENT THE STATIONS DIGITAL CONSTRUCTION PERMIT AS EXTENDED ON APRIL 20, 2009. BEPCDT-20081215AEB. ANALOG OPERATION WAS STATUTORILY REQUIRED TO TERMINATE ON JUNE 12, 2009, SO THE STATION IS NOW DARK. AN APPLICATION IS PENDING TO ASSIGN THE LICENSE TO AN ENTITY THAT THE LICENSEE HOPES WILL BE ABLE TO IMPLEMENT DIGITAL OPERATION. BALCT-20090501ABB.