Federal Communications Commission
Washington, D.C. 20554
Approved by OMB
3060-0010 (June 2002)
FCC 323
FOR FCC USE ONLY
 
OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS

Read INSTRUCTIONS Before Filling Out Form

FOR COMMISSION USE ONLY
FILE NO.

BOS - 20080428ABO
Section I - General Information
1. Legal Name of the Applicant 
BUSINESSRADIO HOUSTON LICENSEE LLC
Mailing Address
3050 POST OAK BOULEVARD
SUITE 1680
City
HOUSTON
State or Country (if foreign address)
TX
ZIP Code
77056 -
Telephone Number (include area code)
7134908777
E-Mail Address (if available) 
JLUNSFORD@BIZRADIO.COM
FCC Registration Number:
0017184243
Call Sign 
Facility ID Number 
10827
2. Contact Representative (if other than Licensee/Permittee)
MARK B. DENBO, ESQ.
Firm or Company Name
FLEISCHMAN AND HARDING LLP
Telephone Number (include area code)
2029397900
E-Mail Address (if available)
MDENBO@FH-LAW.COM
3. Name of entity, if other than licensee or permittee, for which report is filed
BUSINESSRADIO HOUSTON LLC
Mailing Address
3050 POST OAK BOULEVARD
SUITE 1680

City
HOUSTON
State or Country (if foreign address)
TX
ZIP Code
77056 -
Telephone Number (include area code)
7134908777
E-Mail Address (if available)
JLUNSFORD@BIZRADIO.COM
4. If this application has been submitted without a fee, indicate reason for fee exemption (see 47 C.F.R. Section 1.1114):
Governmental Entity Fee-exempt Report Other
N/A (Fee Required)



Section II - Ownership Information

5.

a. Biennial b. Transfer of Control or Assignment of License/Permit c. Other
d. Amendment to pending application


for the following stations:

[Enter Station Information]


Station List


This Report is filed for the following stations:

Call Letters
Facility ID Number
Location (City/State)
Class of service
KTEK 10827 ALVIN TX AM



All of the information furnished in this Report is accurate as of 04/21/2008 (Date must comply with 47 C.F.R. Section 73.3615(a), i.e., information must be current within 60 days of filing of this report, when 5(a) below is checked.)

This Report is filed for (check one)
6.
Respondent is:
Sole proprietorship Not-for-profit corporation Limited partnership
For-profit corporation General partnership Other
If "Other", describe nature of the respondent in an Exhibit.
[Exhibit 1]
7.
List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613.   (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Contract/Instrument Information]


Contracts/Instruments Information


List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613. (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject shall respond.)

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
CERTIFICATE OF FORMATION STATE OF DELAWARE 11/21/2007

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
LLC AGREEMENT BUSINESSRADIO NETWORK LLC 11/21/2007

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
SECURITY AGREEMENT SOUTH TEXAS BROADCASTING, INC. 03/28/2008

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
SECURITY AGREEMENT WALLACE BAJJALI INVESTMENT FUND II, L.P. 03/28/2008


8. Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Capitalization Information]



9.
(a.) List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
[Enter Owner Information]

Owner Information

List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
(Read carefully - The numbered items below refer to line numbers in the following table.)
1. Name and address of respondent and each party to the respondent holding an attributable interest (if other than individual also show name, address and citizenship of natural person authorized to vote the stock or holding the attributable interest). List the respondent first, officers next, then directors and, thereafter, remaining stockholders and other entities with attributable interests, and partners.
2. Gender (male or female).
3. Ethnicity (check one).
4. Race (select one or more).
5. Citizenship.
6. Positional interest: Officer, director, general partner, limited partner, LLC member, investor/creditor attributable under the Commission's equity/debt plus standard, etc.
7. Percentage of votes.
8. Percentage of total assets (equity debt plus).

1. Name and Address BUSINESSRADIO HOUSTON LLC 3050 POST OAK BLVD SUITE 1680 HOUSTON, TX 77056
2. Gender (male or female) N/A
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest PARENT OF LICENSEE
7. Percentage of votes 0.00
8. Percentage of total assets (equity debt plus) 0.00

1. Name and Address BUSINESSRADIO NETWORK LLC 3050 POST OAK BLVD SUITE 1680 HOUSTON, TX 77056
2. Gender (male or female) N/A
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest SOLE MEMBER
7. Percentage of votes 100.00
8. Percentage of total assets (equity debt plus) 6.50

1. Name and Address DANIEL FRISHBERG 3050 POST OAK BLVD SUITE 1680 HOUSTON, TX 77056
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest PRESIDENT AND CEO
7. Percentage of votes 0.00
8. Percentage of total assets (equity debt plus) 0.00

1. Name and Address JON LUNSFORD 3050 POST OAK BLVD SUITE 1680 HOUSTON, TX 77056
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest VICE PRESIDENT AND SECRETARY
7. Percentage of votes 0.00
8. Percentage of total assets (equity debt plus) 0.00


(b) Respondent certifies that equity and financial interests not set forth in response to Question 9(a) are non-attributable. Yes No

N/A

See Explanation in
[Exhibit 2]

(c) Is the respondent or any party holding an attributable interest in the respondent also the holder of an attributable interest in any other broadcast station or in any cable or newspaper entities in the same market or with overlapping signals in the same broadcast service, as described in 47 C.F.R. Sections 73.3555 and 76.501? Yes No
If "Yes", submit an Exhibit identifying the holder of that other attributable interest, listing the call signs, locations and facilities identifiers of such other broadcast stations, and describing the nature and size of the ownership interest and the positions held in the other broadcast, cable or newspaper entities. [Exhibit 3]
(d) Are any of the individuals listed in response to Question 9(a) related as parent-child, husband-wife, brothers and sisters?

Yes No

 

If "Yes", submit an Exhibit setting forth full information as to the family relationship

[Exhibit 4]

(e) Is respondent seeking an attribution exemption for any officer or director with duties unrelated to the licensee or permittee?

If "Yes", submit an Exhibit identifying that individual by name and title, fully describing that individual's duties and responsibilities, and explaining why that individual should not be attributed an interest.

Yes No

[Exhibit 5]



SECTION III - CERTIFICATION


I certify that I am VICE PRESIDENT AND SECRETARY

(Official Title)


of BUSINESSRADIO HOUSTON LLC

(Exact legal title or name of respondent)


and that I have examined this Report and that to the best of my knowledge and belief, all statements in this Report are true, correct and complete.

(Date of certification must be within 60 days of the date shown in Question 5, Section II and in no event prior to that date.)

Signature
JON LUNSFORD
Date
04/28/2008
Telephone Number of Respondent (Include area code) 7134908777

WILLFUL FALSE STATEMENTS ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT (U.S. CODE, TITLE 18, SECTION 1001), AND/OR REVOCATION OF ANY STATION LICENSE OR CONSTRUCTION PERMIT (U.S. CODE, TITLE 47, SECTION 312(a)(1)), AND/OR FORFEITURE (U.S. CODE, TITLE 47, SECTION 503).



Exhibits
Exhibit 1
Description:
NATURE OF RESPONDENT

THE RESPONDENT IS A LIMITED LIABILITY COMPANY.

Attachment 1


Exhibit 2
Description:
FINANCIAL INTERESTS

IN CALCULATING THE 'TOTAL ASSETS' OF BUSINESSRADIO HOUSTON LLC HELD BY BUSINESSRADIO NETWORK LLC, THE RESPONDENT RELIED, IN PART, ON PROMOTING DIVERSIFICATION OF OWNERSHIP IN THE BROADCASTING SERVICES, REPORT AND ORDER AND THIRD FURTHER NOTICE OF PROPOSED RULEMAKING, FCC 07-217, APPENDIX A.

Attachment 2


Exhibit 3
Description:
MEDIA INTERESTS

BUSINESSRADIO, INC. (BRI) IS THE INDIRECT PARENT ENTITY OF BUSINESSRADIO HOUSTON LICENSEE LLC, THE LICENSEE OF KTEK(AM), ALVIN, TX (FIN: 10827). BRI ALSO IS THE INDIRECT PARENT ENTITY OF BUSINESSRADIO DALLAS LICENSEE LLC (BIZRADIO DALLAS LICENSEE), THE PROPOSED ASSIGNEE OF KJSA(AM), MINERAL WELLS, TX (FIN: 31063), WHICH IS A PART OF THE DALLAS, TX ARBITRON METRO, PURSUANT TO A PENDING LICENSE ASSIGNMENT APPLICATION (FCC FILE NO. BAL-20080425ABA).    

BRI ALSO IS THE GENERAL PARTNER OF BUSINESSRADIO PARTNERS DALLAS, L.P., WHICH, UNDER A TIME BROKERAGE AGREEMENT (TBA) WITH MULTICULTURAL RADIO BROADCASTING LICENSEE, LLC, PROGRAMS MORE THAN 15% OF THE DAILY BROADCAST TIME OF KMNY(AM), HURST, TX (FIN: 10825), WHICH IS A PART OF THE DALLAS, TX ARBITRON METRO. THE TBA ASSOCIATED WITH KMNY(AM) WILL TERMINATE ON OR BEFORE MAY 25, 2008. THE PARENT OF BIZRADIO DALLAS LICENSEE, BUSINESSRADIO DALLAS LLC (BIZRADIO DALLAS) HAS ENTERED INTO A TBA WITH THE LICENSEE/PROPOSED ASSIGNOR OF KJSA(AM), M&M BROADCASTERS, LTD., TO PROGRAM MORE THAN 15% OF THE DAILY BROADCAST TIME OF THAT STATION. THE TBA ASSOCIATED WITH KJSA(AM) WILL COMMENCE UPON TERMINATION OF THE TBA ASSOCIATED WITH KMNY(AM).

Attachment 3