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WEUS/Orlando To Flip To Sports Under New LMA-To-Buy
June 1, 2012 at 4:18 AM (PT)
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MULTICORP INTERNATIONAL, INC./XTEND MEDICAL CORP. has entered an LMA with an option to buy Talk WEUS-A/ORLANDO from CARL COMO TUTERA's STAR OVER ORLANDO, INC. for an undisclosed price. MULTICORP's RIVALZ SPORTS GROUP will flip the station to Sports as WRSO on JULY 30th under the agreement.
In a press release, MULTICORP/XTEND CEO PAUL D. LISENBY said, "It is with great pleasure that the company announces entering into this Lease Management Agreement with STAR OVER ORLANDO, INC. to eventually purchase WEUS 810AM in ORLANDO, FLORIDA. Mr. CARL COMO TUTERA and his son, CARMINE TUTERA, were absolute professionals in our dealings to acquire the station. Their commitment to detail and constant communication with the company have made this a seamless transaction. As the company looks to acquire additional stations in the future, we will work closely with CARL and CARMINE. We will rely on their expertise to identify future stations that fit with the company's plan for growth.
"The radio station will operate under a newly formed FLORIDA corporation, RIVALZ SPORTS GROUP, INC. and will be a wholly owned subsidiary of the company. Our long-term plan is to establish WRSO in ORLANDO by eventually locating the station within a restaurant facility wherein live sports radio will be broadcast as diners enjoy a first-class restaurant/media experience. The company is currently searching for a facility that falls under our strict guidelines for adequate space to facilitate the entire operation. This concept will be replicated in other major cities that the company feels will sustain growth and profitability."

