WestwoodOne (WWON)

[GNOTE]

Mussels its a no buy now. A few weeks back , not sure the date Rod returned my call and I missed it. I was going to call him back but didn't have the time. He called again yesterday and I asked if he was going to do a reverse split and he said yes if the share price does not come up. I said how big and he said massive if he needs to meet requirments of another exchange like Amex or Nas. I asked when he feels it may happen and he told me sometime in the first quarter of 2009.

I also asked about the law suit and the price decline and he felt it was an issue at first but is no longer the reason for the price decline so don't expect cash there.I think he Rod as the new CEO would like everyone to blame the old CEO for the price decline and the tough decession he will have to make of reversing this stock.

So everyone be careful and it still maybe a play from here .15 cents to the 20's again but you need to know it is not an investment as I thought it maybe do to this news.

I may look at it at 5 cents to 15 cent play , if it gets there this month , 2009 is to close.