Edward McLaurin
Honolulu, HI (USA)
Role(s):
Founder/Owner/Principal
MCS Communications
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Startup
Location:
Honolulu
Industry:
Media
Year Founded:
2006
Number Employees:
1-10 people
Description:
Seeking acquisition funding of MCS Communications, which plans to acquire two television stations in the Hawaii market.
The proposal is three-fold. Purchase the stations and have it locally owned and operated. It will be managed by a veteran broadcast executive.
Consolidate MCS' existing facilities and equipment to create a independent "in house" production company.
Hawaii's tax code offers an investor incentive known as Act 221/215 for investment in high tech companies. Basically, for every $2 million invested, investors receive 80% back as tax credits over a 5-year period.