Taking a stab at low power broadcasting

[bushido]

Hello all.

I have a long term plan to broadcast on FM in conjunction with the internet. I've purchased a low powered FM transmitter (100 watts) and a 9 foot antenna. It would seem that I will have a range of nearly 4 miles. The only problem is waiting on FCC loop holes and hoops, licensing period window is october 2013. If anyone has any ideas or wants to partner or cook up some visions for the future, I'm open to discussion.

Other than that, does anyone have any advice or warnings?

Update: Just did some further research. To get an LPFM license, I need to be a non profit educational entity (college radio), church service or a government service provider. None of that fits what I'm doing. Not sure if I can get a refund for all of this stuff but I'll try.