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.