About Continuation Capital

Headquartered in Sarasota, Florida, Continuation Capital CCAP is a corporate accredited investor that provides Tier-2 Regulation A investment capital, Mini-registered direct shelf offerings, and debt recapitalization for qualified public companies trading on OTC and NASDAQ in the U.S.; and on the Canadian Stock Exchange (CSE), Toronto Stock Exchange (TSX), and the Toronto Venture Exchange (TSXV).

See our Services page for more information about these financial products.

Charles N. Cleland, Jr.

President, Partner, and General Counsel

As a licensed attorney in the State of Florida, and a member of the Florida Bar, Charles “Chip” Cleland serves as President and member of the Board of Directors of Continuation Capital, Inc. His extensive experience in debt and equity financing, debt recapitalization, and bridge financing, makes him ideally suited to manage internal and external legal, operational, and compliance related issues between CCAP’s public issuer clients and their creditors.

As owner and President of Charles N. Cleland, Jr., P.A., a law firm in Sarasota, Florida, Chip has served as general, corporate and litigation legal counsel for multiple private and publicly traded companies—as well as for equity fund clients—over his 30-year legal career.

He previously served as an Assistant State Attorney in the State of Florida and has extensive experience in the fields of civil and commercial litigation. He earned his Bachelor of Science degree in Business Communication from the Florida State University in 1987, and his Juris Doctorate from Mercer University School of Law in 1991.

Chip enjoys spending time with his family, boating, fishing, and outdoor activities.

Paul Winkle

Vice President & Partner

As managing partner at CCAP, Paul is responsible for business development, deal feasibility analysis, client retention, product development, and cultivating service provider relationships.

Paul has 37 years’ experience in financial services and consulting, with a strong background in sales and deal making. He has participated in dozens of IPO’s as a licensed broker while simultaneously managing five branch brokerage offices throughout the Southeast. Paul is adept at analyzing financial statements for public and private companies, and he has successfully guided many companies through direct-public and Regulation A offerings and debt recapitalization events.

Paul enjoys spending time with his family, as well as deep sea fishing, playing softball, and the culinary arts.

Karl F. Buhl

Vice President & Partner

Karl leads strategic planning and financial modeling for Continuation Capital, as well as managing operations including sales & marketing, technology, accounting, and personnel.

He was formerly an exec at Microsoft in Redmond, Washington, where, in addition to working directly with Bill Gates, he managed groups in corporate and international marketing, channel sales, product and business development, and government affairs. As an entrepreneur, Mr. Buhl has bought and sold his own companies as well as having started several companies from scratch.

Karl earned his BA from Michigan State University and an MSJ from Northwestern University. He loves spending time with his wife Rebecca in addition to many life-long pursuits including blue water sailing, jazz keyboards, professional photography—and trying to stay current with ever-changing technology.

Nick Salerno

Vice President & Partner

Nick is a founding member and director at Continuation Capital. His daily duties include business strategy & development as well as portfolio management.

Nick earned his Bachelor of Science in Finance at State University of New York. His career in financial services spans four decades and includes procuring bridge financing and working capital for qualified companies looking to eliminate debt and scale operations. He previously held his NASD Series 7, 63 and 24 licenses.

In his spare time, Nick enjoys time with the family, golfing, and fine wine.

Georganne Voyles

Operations Manager

Georganne manages operations for Continuation Capital including working with CCAP’s law firm to secure legal opinion letters, calculating and managing share conversions between transfer agents and broker dealers, processing share issuance, and initiating broker deposits among other responsibilities.

Gigi brings 18-years of brokerage and financial operations experience to CCAP. She previously held NASD Series 4, Series 7, Series 24, Series 53, and Series 63 licensing as well as the titles of Chief Compliance Officer and Compliance Registered Options Principal at financial firms Kidder, Peabody & Co., Dean Witter Reynolds, and Merrill Lynch.

Her understanding of the financial and brokerage industry significantly contributes to the seamless and efficient transfer of share ownership, benefitting both CCAP and our issuer clients.

Originally from Cleveland, Ohio, Georganne has lived in Sarasota for over 40 years. She enjoys travel and running, as well as Florida’s celebrated beaches and natural springs.

Annie Magnant


Annie provides paralegal support to Chip Cleland, CCAP’s general counsel, supervising Continuation Capital’s debt restructuring projects—where she interacts daily with public issuer clients and their creditors. Her successful management of CCAP’s debt projects, along with her ability to resolve legal disputes, has created lasting relationships with both clients and professionals within legal community.

Her legal career began as a felony legal assistant for the State Attorney’s Office in the 12th Judicial Circuit of Florida. Over the past 17 years she has worked with attorneys in the areas of criminal law, personal injury defense, medical malpractice, business litigation, real estate closings, residential mortgage foreclosures, civil contracts, family law, and securities law.

A native Sarasotan, Annie and her husband have two wonderful young boys. She serves as a volunteer with the Scouts of America and owns and operates a Sarasota business with her husband. In her spare time, she thoroughly enjoys genealogical research.

Investment and recapitalization opportunities.