The Cape Fear Capital Connection News Hour: Tuesday, August 19, 2014 News and Information About Technology, Capital Markets, and Business In The Cape Fear Valley With Thomas Vass The Private Capital News Network Presents

Segment One: The Week In Review The Status of The North Carolina CrowdFunding Act, with special guest, Jim Verdonik, Securities Attorney Ward And Smith, Raleigh, North Carolina

Segment One With Jim Verdonik What does the proposed crowdfunding act attempt to do and how would this affect a company attempting to raise capital? What kind of legal work would you do for a company under Title III, non-accredited crowdfunding if the bill passes? What legal work would you do for a company under Title II, accredited investor crowdfunding?

Segment One With Jim Verdonik How would passage of this bill benefit companies in North Carolina, or more broadly, the North Carolina economy? What are the legal risks to the company in using crowdfunding, or the proposed legislation to raise capital? If this particular bill is defeated, what changes should be made in a replacement bill for the next session?

Segment Two:Interview With Ashton Poole, President of Triangle Capital Corporation Triangle Capital Corporation will look to raise $111 million in order to invest in lower middle market companies. How Did Your Company Raise $111 million? What is the “lower middle market” and does that mean lower middle North Carolina, like the Cape Fear?

Segment Two With Ashton Poole In the terminology of private capital markets, how does investment banking fit into the bigger picture? What form of securities do you use to make investments in private companies? What criteria do you use to evaluate a potential company?

Segment Two With Ashton Poole The Cape Fear Region has about 112 small technology companies in New Hanover and Pender, and about 150 technology companies in Cumberland and Bladen. If those companies are interested in seeking capital from Triangle Capital, what should they do? How should our regional economy go about the task of making access to capital easier for all of our small technology companies?

Segment Four: Special Guest Barry Buzogany, Former Chairman of the Board of Directors for PillGuard Medication Delivery Systems, Inc Board of Directors of Marine Bio- Technologies Center of Innovation Past President and CEO of Jenken Biosciences, Inc., Past Chief Operating Officer at Icoria, Inc.

Segment Three With Barry Buzogany In your past experience as an executive with biotech companies, how important to the company was technology commercialization, and how did you go about that task? Do you think the lessons you learned in a private company can be replicated by a regional economy that wants to support technology innovation?

Segment Three With Barry Buzogany The Marine Bio-Technologies Center of Innovation has the term innovation in its title. How does the Center facilitate innovation? What should the Cape Fear Regional economy be doing to support the work of the Center? What is the role of business networking events in transmitting knowledge and making supply chain connections in a biotech company?

Segment Four With Barry Buzogany What is the relationship you see between technology innovation in biotech and pharma and access to capital for a biotech company? In your past role as an executive for biotech companies, how did you go about the task of raising capital?

Segment Four With Barry Buzogany Our program, The Cape Fear Capital Connection, has a mission to promote the prosperity of technology companies in the regional economy by making access to capital easier. What do you think we should be doing in the regional economy to create the capital market infrastructure that companies need? You live here in the Cape Fear region, and you could have chosen to live anywhere. What are our economic strengths compared to other places you have lived?