WRVU DJ Alex pointed out the obvious:
“I think you have a pretty good letter but I think we need to address one of their fundamental (and illogical/incorrect) points: the need for the money. They’re whole point is that they need cash because ad revenues are decreasing and they are “afraid” that VSC will become financially unstable. However, they are still running a profit, and until they start taking on debt, the thought of selling WRVU should not even be a question.
Essentially, their central argument is flawed. They are planning to sell WRVU merely to have cash on hand–cash they do not need. ”