I see four local stations, a family outfit. Family-owned TV stations are dying in this country. That $3.5 million every year that you spend on the four TV stations isn't a lot of money. Tell me what you spend it on.
You said that you did 25 hours a week. Is that for all four? Would that be 100 hours on all four of your stations or is it 25 hours per station for local news? Maybe you can qualify what you do. Is it an hour-long cast? Do you have a documentary? How do your four stations operate on local programming? Qualify the local programming on your four stations.