RADIO STATIONS

WDRE and WBON are extraordinary technical facilities serving Long Island

New York, the 18th largest radio market in the country. The stations are

full class A facilities.

The stations technical facilities are on par with top performing

commercial radio stations in the metro.

John Caracciolo has been at the helm of the radio division for The Morey

Organization for over 20 years. The Morey Organization at one time was

the largest independently owned radio group in NY State. With over 9

FM's and a network distribution company, the local radio group reached

over 5 million listener's country wide.

The company sold all its outside Long Island stations prior to 2003 and

in 2004 sold its flagship station, WLIR-FM 92.7 to Univision.

That left the company with three Long Island FM's : WLIR-FM, (the

company moved the call letters to this facility in Hampton Bays on

107.1), WDRE on 105.3 and WBON on 98.5.

In January of 2006 The Morey Organization entered into an asset purchase

agreement with Business Talk Radio LLC for the purchase of the three

remaining FM stations. During this time, Business Talk LLC was

operating the group under the LMA agreement and changed the format of

WBON to Business Talk, changed the format of WDRE to include a

syndicated lifestyle network, and automated WLIR.

When Business Talk was unable to close on the purchase in August 2007,

The Morey Organization terminated the agreement for sale and on October

10 of 2007 The Morey Organization terminated the LMA with Business Talk

and took back operation of the three facilities.

Two of the stations, WDRE and WBON had no format, and all three had no

sales staff. John Caracciolo was placed back in charge of all three

facilities and had to hire a staff, develop formats, market the stations

and build a business once again. Caracciolo immediately brought in

legendary dance music superstar Vic Canales, (AKA Vic Latino), to help

build the radio formats back and develop the first Spanish language FM

on Long Island.

The two entered into an agreement in February of 2008 that made a

significant improvement to the technical facilities of both stations.

They signed a long term agreement with two lower power FM stations to

simulcast the signal of their main FM's.

WDRE's main facility is on 105.3 and covers all of Suffolk County; the

addition of 101.5 broadcasting from Plainview in Nassau County now gives

WDRE coverage from Montauk Point to the Queens border. WBON

broadcasting on 98.5 adds 96.9 to simulcast the Spanish format and

extend the coverage to all of Suffolk County adding in the important

high density Hispanic areas of Brentwood, Huntington Station, and Islip

to the mix of the main channel coverage.

In September of 2008, The Morey Organization principal owner Ron Morey

offered long time President of his company John Caracciolo, the

opportunity to purchase two of the remaining FM's Caracciolo, along with

Vic Canales formed JVC Broadcasting Corporation to acquire the stations.

JVC Broadcasting was incorporated in November 2008 and closed on the

purchase of the two station in October 2009. On October 28th, they

changed the call letters of 105.3 to WPTY to more accurately reflect the

"Party" slogan.

Not know to stand still for even a second, John Caracciolo and Vic

Latino are constantly looking for ways to improve their facilities and

grow the company. As soon as they closed on the stations, they began a

simulcast of their LaFiesta station to the Atlantic City Market.

LaFiesta can now be heard on the Jersey Shore on WTAA 1490 AM.

JVC Broadcasting's Vic Latino and John Caracciolo have over 35 years of

radio experience between them. They have been doing business on Long

Island for over 20 years. What they have created on Long Island is two

very unique formats that give them the ability to successfully reach a

highly desirable consumer at a fraction of the price of traditional

marketing.