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• • <br /> PRINCIPAL BIO <br /> Patrick W. Pelstring <br /> Mr. Pelstring, the founder of Pelstring Capital Corporation <br /> has over 20 years of assisting businesses with raising <br /> expansion capital. Mr. Pelstring has taken an active role in <br /> conducting community analysis, labor studies, economic <br /> development marketing programs, and management of <br /> local development companies. <br /> Patrick, who started his career as a commercial loan officer <br /> • for a Twin Cities bank, previously had been the Economic <br /> Development Coordinator for the City of Coon Rapids, <br /> Minnesota. Since starting his consulting and finance <br /> business interests in 1983, he has worked on behalf of over <br /> 80 communities in Minnesota, Wisconsin, Iowa, North <br /> Dakota and South Dakota. He has completed over <br /> $500,000,000 of business financing projects in sixteen <br /> states throughout the country. <br /> Mr. Pelstring is a graduate of Bemidji State University and <br /> has conducted advanced studies at the University of <br /> Minnesota, as well as extensive banking, Small Business <br /> Administration, and public finance coursework. Patrick is <br /> often a speaker at public/private finance seminars and <br /> workshops and has appeared on several area television and <br /> radio programs. <br /> • <br />