Meadows Asset Management, 190 Newport Center Dr, Ste 100, Newport Beach, CA 92660, US

Mr. Scott Fawcett is the President and one of the founders of Marinita Development Co., Inc Marinita specializes in developing, and operating real estate projects. The company has offices in Newport Beach, California and Las Vegas, Nevada. Mr. Fawcett is responsible for managing the real estate asset management operations of all properties and day to day operations of the company. His responsibilities include new business, supervising real estate acquisition, maintaining banking relationships, obtaining financing, and developing corporate strategies, goals, and objectives. Mr. Fawcett has been involved in the real estate field for over forty years. He has an extensive diversified commercial real estate background with such national companies as Shell Oil where he acquired properties for their land investments division. Mr. Fawcett is presently Co-Managing Partner of numerous partnerships which own land, operate, and develop industrial parks and shopping centers. Mr. Fawcett holds a Bachelors of Science degree from Ohio State University. He has been active in the development industry where he either currently is or has been a member of International Platform Association; International Council of Shopping Centers ( since 1970 ); International Right of Way Association; International Institute of Valuers; Institute of Business Appraisers; American Association of Certified Appraisers; Urban Land Institute; National Association of Review Appraisers and Mortgage Underwriters; California Licensed Contractors Association; Association of Corporate Real Estate Executives. Mr. Powell's experience has covered all aspects of development, from acquisition, entitlement and financial analysis to project management and leasing. He has held Senior Real Estate positions with several of Southern California's major retailers and commercial developers, including Stater Bros Markets, Downey Savings, Yucaipa Companies and Food 4 Less. He has been involved in commercial real estate since 1974. He is responsible for site acquisition and financial analysis for Marinita's new developments. Mr. Powell has been involved in the design, development and operation of approximately 6 million square feet of commercial projects, ranging from neighborhood to promotional and power centers in California, Nevada and New Mexico. Mr. Powell is an active member in the International Council of Shopping Centers, Association of Corporate Real Estate Executives, California Business Properties Association and has held leadership positions in each organization. Mr. Powell holds Bachelor of Science degrees in Accounting and Real Estate from Cal Poly in Pomona. He is a licensed California Real Estate Broker. Mr. Canon is responsible for project management and financing. He has over 30 years of experience in the related fields of real estate planning, development and financing of commercial and residential projects though out California, Arizona, Colorado, Nevada and Florida. Mr. Canon has been active as a general contractor and has been licensed in California since 1959. Mr. Canon has been associated with Tustin Savings and Loan as Vice President in charge of their loan department; Leadership Homes where he was in charge of financing for seven planned communities and Mission Viejo Company where he was Vice President and Director of Special Projects. Prior to joining Marinita in 1985, He was directly responsible for the development of over $50 million of income property for American Diversified Capital Corporation. He has been an active member of the Home Builders Association in the states of Florida, Arizona and California. Mr. Garrison has an extensive background working within the construction and real estate industry and has held Vice President of Construction & Design for firms such as World Premier Investments, Hopkins Development and Pacific Rim Development ( formerly W.R. Grace Development ). Mr. Garrison has successfully completed projects in California, Nevad

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