 In mid-February, Communications Winnipeg Co-Op, a group of "lawyers, university professors and students, [and] freelance broadcasters", announced their own application to create a not-for-profit, member-supported station.At about the same time, the Government of Manitoba was preparing an economic analysis which concluded that, with about 90 percent of KCND's estimated 1972 revenues of $1.25 million coming from Canadian advertising accounts, "it is difficult to ascertain how rapidly a new station can become viable" and that "it is likely that a new private television station in Winnipeg would not realize a profit for at least three years.