Sylvester Caraway

Nathan, QLD (AUS)
Role(s):

Spectrum TV Inc.

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Location: Nathan, QLD
Industry: Media
Description: Greetings, We are a new television broadcast company in the process of establishing our company and introducing 30 plus new free-to-air digital television broadcast and datacast national, state-wide and local channels in Australia by 2008. We presently have major investment interest from an investment firm in the U.S. that will provide us with operating funding in the amount of $300,000,000.00 AUD after we establish our company. However, upon being awarded the licenses to be released by the ACMA in 2007, we require an initial $5,000,000.00 AUD necessary to establish the company in Australia and also further other administrative processes prior to obtaining the larger investment funds from the U.S. in order to further develop our company concepts. The funding of $5,000,000.