RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

United States ( XML Feed )

May 10, 2016 8:53 EST

Lynnstar Communications, Inc.: Your Rural Communications Choice

iCrowdNewswire - May 10, 2016

Lynnstar Communications, Inc.

Lynnstar Communications, Inc.

Your Rural Communications Choice.




LynnStar Communications, Inc. Tulsa, OK, USA




Chris Romine, LynnStar’s Founder, worked in rural areas for the past 10 years designing, building and managing WISP [Wireless Internet Service Provider] Systems. He began to notice that MANY small communities were losing their Cable TV systems. Chris did an “in person” survey with many city managers in these rural communities that had lost their previously vibrant (and locally vital!) systems. The consensus was that the communities needed and wanted the services offered by the former or foundering Local Cable Systems and they desired to have the healthy Local Cable Systems restored to their communities. The take away was that Lynnstar will have support as they acquire these troubled systems and provide them with wide ranging broadband capabilities along with any other current services.

The owners of these still-operating, but troubled systems have not seen the potential of changing their focus to broadband services [IP technology etc.] and many assume that they will have to spend multiple tens of thousands of dollars to upgrade their small systems to all new “digital” formats. Their current cash flow does not allow for this and consequently many of these smaller systems are ceasing operations every day all across the country. LynnStar will bypass those now-outdated digital signals and move almost everything to IP. Television, phone and data will all be delivered by the most modern method available – IP! LynnStar will begin by utilizing existing customer bases, migrate to IP when and where most advantageous and eventually convert the entire operation to an efficient, scalable, centralized management system in every area.By bringing more channels to cable and faster Internet connections for data and “surfing” and providing a local channel in all markets, LynnStar brings vitality back to the Local Cable System everywhere it serves.

Chris became excited when he recognized that these systems, as locally important as they are, could provide a very strong and relatively inexpensive business foot print for his plan. Chris wanted to consolidate a “Broadband” rural last-mile-network. Last-mile in the industry refers to the cable/telephone operation which delivers signal to the home or business. He began searching for systems to acquire in early 2014, made several purchase offers and finally acquired twelve cable systems in Central Texas. LynnStar Communications has been building their support and management teams ever since. LynnStar believed, with good reason, that it had adequate investment capital arranged to allow them to build out the current systems’ broadband capabilities and acquire additional rural systems thus increasing the subscriber base and revenues to a profitable level. That funding, without much notice, failed to materialize and Lynnstar has been operating at a loss since. LynnStar has recently revitalized its efforts to secure the additional capital required to get back on track with their business plan and turn the corner to profitability.

Lynnstar is a strong believer that our rural communities are severely underserved, even unserved as to their broadband and communications needs. Lynnstar is here to fill these needs by providing superior broadband services to rural customers, high returns to investors and a solid exit strategy.

About Us

LynnStar is a broadband (high speed internet) and Cable TV (Video) provider to underserved and unserved rural residential, business and governmental customers. Our emphasis is and will be on expanding our broadband, both wired and wireless, delivery services. Lynnstar currently operates in twelve rural communities in Central Texas.

Cable advertising, especially in rural markets, offers local merchants a chance to insert their TV commercials into national programming. Bob the baker could never afford to place an ad with ESPN (headquartered in Bristol, CT) in a state football game. If they could afford it, the market for Bob’s great donuts would be limited to an area of about 10 miles from his bakery and Bob could never sell enough donuts to break even on the cost of that national ad. With local ad insertions, Bob can advertise to his community for a fraction of the cost and tell his friends and neighbors that he makes great donuts, that he is open early and will cater for them with his special occasion cakes. And he can afford it! Local cable advertising makes it all possible with commercial time granted to local operators by agreements with cable channels provided on the local system. LynnStar will have opportunities for Bob (and a bakers dozen of his friends) to advertise within the cable system that serves their area at a cost that is very affordable. Most channels provide 2 to 4 minutes per hour for local ad insertion so if LynnStar decides to insert ads on 10 channels, 24 hours a day and there are only 2 minutes available each hour it would mean LynnStar could insert as many as 960 30 second ads EVERY DAY! Even at $1 per average spot the revenue stream gets huge when multiplied by 12 systems. Advertising locally provides a stream that almost every currently operating system in rural areas has not taken advantage of. LynnStar will exploit that void immediately.

System and Subscriber Acquisitions

LynnStar will immediately acquire, deploy and market state of the art “wireless cable” equipment from and in concert with Huawei Technologies. This will allow LynnStar to expand the existing subscriber base two to three fold in a matter of a few months.

LynnStar plans to acquire additional rural Cable TV systems and WISP (wireless internet service provider) operations when those acquisitions meet specific criteria related to existing access and competition in each market place. These additional systems will allow LynnStar delivery to “last mile” households and businesses. Since Cable Systems operate by local franchise agreements, this would mean exclusivity for LynnStar in every served area.

LynnStar has immediately identified five candidates for acquisition in our current proposed area of operation. If these candidates are not available when Lynnstar is funded management will select other candidates suitable for acquisition at the time of funding.

Exit Strategy and further Capitalization Plan

As an exit strategy and further capitalization plan LynnStar is preparing to do a $10,000,000 to $50,000,000 direct [limited] public offering known as a Regulation “A”, Tier 2 offering in 2016. LynnStar estimates that the cost of this offering will be $150,000 to $175,000 + Broker/Dealer Fees.

In the past most small businesses could only raise capital from wealthy “accredited” investors, until they reached a stage where they could “go public” with an IPO. Only at that point could a company raise funds from the general public. But a full-blown IPO costs hundreds of thousands of dollars to roll out, so very few companies ever reached that stage. Getting funding from the general public was virtually impossible for small businesses….until now.

For the past 80 years only accredited investors, meaning individuals who make over $200,000 in income or who have $1 million in assets (excluding their primary residence), have been able to invest in startups in America. That has changed today with the implementation of Title IV of the JOBS Act which represents one of the biggest changes in the financial service industry. Additionally, this will likely have a positive impact on our economy as 65% of the net new jobs are created by small businesses, while 1 million jobs are cut each year by large corporations.

Regulation A+ is a newly revamped securities regulation that companies can rely on to raise up to $50 million from accredited and non-accredited investors alike. In traditional funding (Regulation D, Rule 506 (b) / (c) offerings) companies are either limited to having up to 35 non-accredited investors in their startup fundraising round or completely banned from onboarding non-accredited investors altogether. Accredited investors make up less than 1% of the US population, meaning 99% of people previously couldn’t invest in startups even if they understood the risk and had the liquid capital to deploy.

When Lynnstar does a Regulation A+ offering, everyone will be able to invest in the business from our hairdressers or dentists to the traditional angel investors and institutions. This new fundraising outlet is truly complementary to how our fundraising process unfolds.

If Lynnstar has a user base that enjoys our brand, inviting them to invest allows them to have an ownership stake in our company so Lynnstar gets two for the price of one. It deepens the loyalty of our subscribers and give them a reason to be even bigger evangelists for the success of our enterprise. Additionally, LynnStar reaches onboard investors who really believe in what LynnStar is creating as opposed to only wanting a return on their investment.


Chris Romine

Chris Romine


Gus Salvino

Gus Salvino

Vice President




Contact Information:

Chris Rominen

View Related News >