The Private Capital News Network Presents The Cape Fear Capital Connection July 15, 2014 News and Information About Technology, Capital Markets, and Business In The Cape Fear Valley With Thomas Vass

Lead Story: What Is Wrong With The Crowdfunding Legislation? Since the effective date of the removal of the ban on general solicitation, September 23 of last year, fewer than 10% of offerings and less than 5% of capital raised – approximately $10 billion – is by issuers claiming the new 506(c) exemption, which permits general solicitation. Only 900 Reg D Rule 506(c) accredited investor deals, nationwide, were done between October and April. What Is Wrong?

Too Much Uncertainty The required paperwork is too much. The regulatory liabilities for making a mistake are too great. The business infrastructure does not exist.

How To Integrate Crowdfunding Into The Regional Economic Growth Strategy? 1. Create business networking events where CEOs can present their story for growth. 2. Create a better contract manufacturing facility so that product design and production are local. 3. Organize business professional advisors into an association that focuses on putting deals together.

Combat Medical Systems LLC of Fayetteville, N.C. Wins $36 Million Defense Contract CMS awarded a maximum $36,396,530 contract for various medical and surgical surge, re-supply, and sustainment materials. This contract is a competitive acquisition, and four offers were received. Location of performance is North Carolina with a Feb. 17, 2015 performance completion date. Using military services are Army, Navy, Air Force, Marine Corps, and federal civilian agencies.

CMS Is A Cape Fear Technology Company Combat Medical Systems (CMS) was founded in February of 2008 by a team of experienced military medical personnel and industry product specialists. The company's primary goal is to simplify tactical medicine in order to decrease pre-hospital mortality. Product development is a key mission at CMS.

CMS Develops and Manufactures Medical Products In Three Areas: 1. Medical products for care on the field of battle. 2. Medical products for tactical field care. 3. Medical care for tactical evacuation of wounded soldiers from the field of battle.

CMS Is A Part of the Cape Fear Military Medical Instruments Technology Cluster Jason Cauley, CEO

Dry Corp and Dry Case Featured In New York Times Article on Exporting Dry Corp,LLC has over 10 years of experience in the medical industry. They started out by providing high quality surgical rubber sleeve that fits over casts, bandages, Ostomies, PICC lines and prosthetics, offering complete waterproof protection. Its patented vacuum seal assures that a cast or bandage will remain dry, even when submerged in water.

Segment Two: Business and Economic Trends and Projections An Alarming Trend In North Carolina Income

Why? North Carolina and the Cape Fear Region Lost Its Manufacturing Economic Base, Beginning In Globalization did not work, and neither did the citizens.

What To Do? Re-Create The Cape Fear Manufacturing Economy Focus on Technology Innovation and Product Development. Integrate the Small Firms With The Big Company Supply Chains. Develop a Capital Market Support System That Connects Companies To The Capital That They Need To Grow.

Segment Four Featured Guest: Mickey Finn, Strategic Programs North Carolina Military Business Center