Our Offer on a Radio Station in Lima

On March 24, we presented our cash offer of $420,000 to the company who owns the radio station in Lima. Their response was both surprising and puzzling. They did not give us a yes or a no answer. Our interpretation of this is that they have another offer that is much higher than ours, but it is not a cash offer. This means they would have to finance them, which is a high risk in Peru. Although we can only guess, we think they are trying to get the other interested party to raise the amount of their initial down payment. The other party will then have to see what they can do to raise that and also what they can offer as a guarantee for collateral to finance the rest. When that party makes their final offer, the board of the company who owns the station will decide between our cash offer and the higher offer that has to be financed.

In summary, we are still waiting on an answer from the company who owns the station. We know that if the Lord wants us to have this station, He will bring it to pass. If not, He will give us something better. The project is His and we will trust Him to guide in this situation. As soon as we know something, we will let you know.

We thank so many of you who have sacrificed and given to this project and also all who are praying. It will be prayer and the hand of the Lord that will help us get the station. Ruth and I are so grateful for all our prayer warriors.

Latest Developments on Radio Ministry

A Peruvian company is selling their Lima radio station. On March 3, we reached an agreement with the owners. The terms of the agreement are:

Assets:

Includes:

· The authorization license of the frequency

· 6,000 watt transmitter, one small backup transmitter, cable and tower

· All studio equipment (recorders, mixer boards, cables, microphones, computers, software, etc.) Their equipment is in excellent condition and we estimate its net worth to be between $80,000 and 100,000.

Not included:

· Buildings

· Property

Costs:

$600,000 for the radio station

$10,000 for the broker’s commission

Total: $610,000

Time: We have until March 24 to come up with financing.

Terms of agreement: They will sell to us for this price, but reserve the right to accept at any time any other offer that would supersede this amount.

Resources available: At the present time we have $340,000 on hand and $53,000 promised. The needed amount to reach our offer by March 24 is $217,000.

Question: Would you be willing to make a promise to give for this particular project opportunity? We only need to know the amount of the promise. Your promise will be counted as a commitment on your part.

On March 23, we will add up the promises we have received along with the resources we have. If we reach the goal before the deadline, we will submit our offer and move toward closing. If we do not reach our goal, we will submit the amount we have (promises and funds on hand) as our final offer. In this way we will be able to determine if the Lord wants us to purchase this particular radio station.

We are only requesting you send your promise for this particular project opportunity. It is not necessary to send your financial commitment for this particular project at this time. If our offer is accepted and we sign the contract, we would then inform you so you could send it.

If we do not reach our goal to purchase this station, we will continue searching and know that God has something better for us. We will not borrow to finance this project. God will provide where He guides. We are totally confident that this project is His will. We do not know if this frequency is His will.

Please do not feel pressured to give. All of us have a limited amount of resources and there are many worthy places to give. We encourage you to make a commitment promise only if: (1) You believe in the project; (2) God puts it in your heart to give; and (3) You are financially able to do so. We just wanted you to know about this opportunity we have before us and consider it. We do ask you to pray for this project and our ministry.

This project is a marvelous opportunity for the furtherance of the gospel. It is also a major step of faith, as you can see. If we reach our goal, this will allow us to begin getting the message out even though there will be future needs for the project (new transmitter, property and buildings). We believe we can move forward in this ministry through renting and other alternatives with the financial resources we have and will expand as God provides.

To communicate your promise, you may do so by:
E-mail at stanperu@gmail.com
Phone at 610-564-4936
Mail: 6231 Bayshore Drive
Harrison, TN 37341

Ruth and I are also making available to you the mission/vision statement and strategy planning for this ministry. If you are seriously considering investing in this ministry, it would be wise for you to read this material. It will serve to give you a clearer idea of what we want to accomplish. We will be glad to send it to you by e-mail or regular mail.

One day we will rejoice together in what God has done. It will only happen through Him. It is our prayer that this will glorify our Lord and bring forth fruit that will abound to your account.

Biographical Sketch of Stanley and Ruth Templeton

Stan Templeton was born in Centerville, Iowa on July 2, 1954. He grew up on a small farm in Unionville, Missouri where he developed a love for hunting, fishing and the outdoors. It was in this setting that Christ was presented to Stan, his parents and younger brother. Stan came to know Christ at the age of 12 years of age when his father explained to him the gospel.

The family later moved to Winchester, Ohio where his father pastored a church in this small town community. Two years later, Stan went off to Bible college attending Tennessee Temple College where he graduated and later from the Seminary.

Following graduation, he married Marilyn Taylor, who he met during his freshman year in the Temple. God gave Stan and Marilyn four children: Nathan, Jessica, Jonathan and Amy. After finishing Seminary, Stan pastored the church for five years where he grew up as a child in northern Missouri.

Believing that God had called him to be a missionary in Peru to start churches and train national leaders in Peru, Stan and Marilyn moved to Peru, South America. After one year of language training in Lima, they moved to the large city of Trujillo where Stan taught in the Seminary, helped one year in an established church and later founded two others. From the second church, Faith Baptist, two other new works were begun. Faith also began an effective radio ministry with a potential listening audience of over a million people. This ministry has proven to be one of the most influential works in the city.

On October 6, 2003, Stan’s wife went to be with the Lord. Marilyn died suddenly of a heart attack while serving Christ in Peru. Stan continued on to serve in Trujillo until July, 2008. He is now beginning a new ministry in Lima using same strategy he used in Trujillo on a larger scale. This new ministry involves beginning a radio station that will be used to start new churches in the nation’s capitol. Lima is the largest and leading city of the country with approximately 9 million people living in the city’s outer limits.

Born and reared in eastern Pennsylvania, Ruth Sherid came to know Christ at an early age. The conversion of her twin brother motivated Ruth to trust Jesus as her Savior. At the age of 12 she received eternal life and gave her heart to Christ.

Ruth graduated from Bob Jones University with a degree in Elementary Education and a minor in Spanish. Later she obtained her master’s degree at West Chester University. She has taught in two Christian schools in Pennsylvania for over 32 years.

In January of 2007, pastor John Conover and his wife, Janet introduced Stan and Ruth. From this introduction, a new friendship would develop and this would result in the joining of their lives in missionary service. On August 9, 2008, Stan and Ruth were married. They look forward to a new church planting ministry together in Lima.