1979, and it closed on July 18. The deal had been held up as Buckley and three other company principals were being investigated by the Securities and Exchange Commission for defrauding and misleading investors. Buckley agreed to pay back $1.4 million in cash and stock to shareholders and not serve as a director of any publicly traded company for five years. Buckley denied any wrongdoing. WTVQ, now under Shamrock, began to prepare for its move to channel 36 by making station wide changes that included the firing of then-general manager Jeff Evans (blamed on heavy turnover in the months following Shamrock's takeover of the station), the first building expansion in the station's history with new equipment (estimated to cost between $1.3 to $2 million), a $300,000 investment into the news department, an expansion of the 5:30 p.m. evening news from a half-hour to a full hour, and a "major emphasis on public affairs and community involvement". Shamrock's president and CEO, Bruce F. Johnson, vowed to "demonstrate that the way things were done here in the past is not the way Shamrock operates". Morale in the newsroom was high; newly hired news director Clark Edwards noticed that "people were going about their jobs with a new drive after the change". Longtime weatherman Frank Faulconer, the only on-air personality remaining after the resignations, left for WKYT to help launch the station's new morning show, where he had hoped to "finish out my career". Faulconer worked at WKYT for exactly two days in February before returning to WTVQ and resuming his usual weeknight weather duties. However, a setback occurred as new news director Edwards would resign after just ten days on the job. Station officials were concerned that he had been falsifying details about his background – specifically claiming that he had held a doctorate degree in political science. When management asked Edwards to present proof of this, he was unable. The change to channel 36 was originally scheduled to take place on June 1 but had to be postponed due to delays from RCA, the manufacturer of the new $1 million channel 36 transmitter. Finally, on June 21, 1980, WTVQ-TV signed off channel 62 for the last time just after midnight. Riggers began removing the channel 62 antenna from the station's tower, and installed the new channel 36 antenna. Management boasted that the new signal, double the power output of the channel