Chet Tomczyk,

President & CEO



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Notes from the President and CE0 - January 2008


The problem with my little missives in the guide is that they are usually written about two weeks or so before you see them. Allowing sufficient time for editing, layout, proofing, printing, and mailing of the guide, it means that this is not the best way to communicate up-to-the minute information. But, then again we do have a television station for that. I mention this only from the frustration of not being able to tell you how the current crisis will end and what we can expect for the future.

I can tell you at this moment that we are deeply into the Save Our Station campaign. Your response to our appeal has been nothing short of wonderful. The pledges you are making will be used to increase our borrowing power so we can present the best offer possible to Bank of America and Commerce Bank. With luck and your pledges, we hope to have a restructuring agreement before the expiration of the current forbearance period on January 15. Then you and we will have done all we can, and the future of the station will be solely in the hands of the banks.

As we start a new year, I want to extend the very special thanks of the staff and the Board of WTVP for the cards, letters, emails, calls, face-to-face conversations, and for your many expressions of support over the past month. Our spirits are optimistic, and we look forward to getting past this issue and again concentrating on providing you with the best programming on television.

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