Disclaimers

The information herein has been prepared on a confidential basis solely for your informational purposes and is being furnished to a limited number of sophisticated professional investors for discussion purposes only. It is not an offer to buy or sell or a solicitation of an offer to buy or sell any limited partnership interests, securities or to otherwise participate in any investment or trading strategy (“Investment”).


If any offer of Investment is made, it shall be pursuant to a definitive Operating Agreement, Private Placement Memorandum subscription documents and/or other relevant definitive legal documents, prepared by or on behalf of the Opportunity which would contain material information not contained herein and which shall supersede the information herein in its entirety (“Definitive Legal Documentation”). The Opportunity mentioned in this document will not be registered in your jurisdiction and to the fullest extent possible any such offer will be made only pursuant to private placement exemptions available. It may therefore not be eligible for sale or investment in your state or country and may not be suitable for you or certain types of investors.


As such, any decision to make an Investment should be made after reviewing the Definitive Legal Documentation for the Opportunity which will contain representations by you that you are a sophisticated investor meeting any relevant regulatory requirements and that you have conducted such investigations as you deem necessary and after consulting your own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of making an Investment.


Although the information provided on the following pages has been obtained from sources which MACC VP believes to be reliable, MACC VP does not represent or warrant its accuracy and such information may be incomplete or condensed and must not be relied upon by you. The information is subject to change without notice. Since the MACC VP furnishes all information as part of a general information service and without regard to your particular circumstances, MACC VP shall not be liable for any damages arising out of any inaccuracy in the information.


Investing is speculative and may involve substantial investment, liquidity and other risks. Investments can be leveraged and performance results can be volatile and may result in loss of principal. Past performance is no indication of future results. There is no secondary market for the investors’ interests and high expenses may offset any profits the Opportunity may generate.


This presentation and its contents are proprietary information of MACC Venture Partners LLC and MACC Properties LLC or its affiliates (“MACC” or “Capstone MFG”), and any reproduction or dissemination of this information, in whole or in part, without the prior written consent of MACC is prohibited.