JON W. SAVIGNANO

PROFESSIONAL HISTORY

SWI Ltd./ Excell Fund LLC., Denver, Colorado

Principal - Owner 1989 - present

SWI Ltd is an investment banking and financial advisory firm. Projects have included the referenced Richardson consultancy; development of a modified T-K partnership product to accomplish the sale of U.S. owned capital assets to privately held Japanese corporations; the acquisition as principle of a significant Coal Bed Methane Tax Credit Qualified project in the San Juan Basin, Colo.; in addition to various oil and gas and commercial real estate investments and project finance assignments As principle, consultants and financial advisors, all projects required creative approaches to marketing, design, and capital placements. Other products and services structured and utilized as a principle and available through SWI include:

Oil and gas reserve based and development loans - Sr. Secured and Sub-Debt.

Mezzanine financing

Capital market products - Securitization and Derivatives.

Interest rate, currency, and commodity hedging.

Tax credit monetization.

Real Estate Construction lending and development financing.

Real Estate Development Principle.

Project finance.

Private placement/debt & equity.

Structuring and Negotiating Joint Ventures - Principle and Non- principle.

Richardson Production Company, Denver, Colorado

Chief Financial Advisor 1992 - 1994

Richardson Production Company, headquartered in Denver, Colorado, has been actively engaged in the acquisition, development, operation, exploitation and exploration of oil and gas properties for 14 years. As the company's Chief Financial Advisor/Consultant, responsibilities included moving the company’s financing base from a regional banking relationship to a national and international banking and capital market network which allowed the company to grow through a wide array of financial products and services. A senior secured reserve based credit facility was established with The Canadian imperial Rank of Commerce.

The Bauman Companies, Englewood, Colorado

Executive Vice President Co-Owner 1985 - 1989

Responsibilities included managing 35 plus employees working within a full service development and marketing company. Divisions reporting included: finance, development, land acquisition, leasing, marketing, construction, tenant finish. architectural and properly management. The Bauman Companies successfully developed and marketed over twenty commercial projects along the Colorado front range.

The Phillipsborn Company, Denver, Colorado and Chicago, Illinois

Regional Manager 1982 – 1985

The Phillipsborn Company Is a full service mortgage banking firm based in Chicago, Illinois Responsibilities included originating1 underwriting and placement or commercial loan requests through exclusive and non-exclusive correspondents. The Phillipsborn Company also placed Interim construction financing through internal sources of capital.

Megapolitan Mortgage Company, Denver, Colorado

Mortgage Banker 1977-1982

Megapolitan Mortgage Company (presently First Denver Mortgage) specializes in conventional residential and medium to small commercial loan placements. Focusing in financial product sales, project analysis and mortgage underwriting in virtually all the Colorado mountain resort communities. Leading production award for two consecutive years.