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<br />PRIME CONTRACTOR I SKATE PARK DESIGNER: GRINDLINE <br /> <br />Grindline Skateparks, Inc. <br />4619 14thAve SW <br />Seattle, WA 98106 <br /> <br />Grindline Skateparks, Inc. has sculpted millions of tons of concrete into world class skatepark facilities across <br />the nation.As the industry leader in Skate park design and construction - we have continually recreated and <br />evolved the art of concrete Skatepark architecture. Grindline's designs are progressive, forward thinking con- <br />crete skate parks that appeal to a wide skill set of skateboarders.We fill the existing needs of today's youth yet <br />provide long-lasting facilities for future generations of skate enthusiasts. <br /> <br />Founded in 1990, Grindline has been working with clients ranging from Grass-roots organizations to <br />urban planning corporations wanting skateparks designed and built in their town. Every project is defined <br />by its community. Each park has its special requirements. Our Skateparks are unique - from town to town, <br />state to state. Grindline considers environment, geography, skill levels, budget, park proximity and skate <br />volume in proposals to our clients. For almost two decades, we have had the pleasure of constructing <br />celebrated Skate parks nationwide - and as demand increases - we've been invited back to add new <br />features and phases to some of our past creations. <br /> <br />We have designed and constructed over I 30 skateparks to date, from Orcas Island in Washington State to the <br />island of Okinawa in Japan and this gives us an intimate understanding of concrete and its complexities as well <br />as all other phases of skatepark construction. We leverage this experience in to creating more efficient, pro- <br />gressive designs that provide more skatepark for less money. benefiting the client and end user in the long run. <br />Our design and construction crews are comprised of professional-level skateboarders who have toured around <br />the globe and collectively skated every major skate facility. The 100+ combined years of skatepark design and <br />construction experience that the Grindline crew brings to each job ensures that every project we undertake is <br />of the highest quality in terms of Craftsmanship. Safety. and progressive, engaging Design. <br /> <br />Grindline has been incorporated since 2002, and we have remained financially sound throughout the past 8 <br />years. The financial state of the company is stable and our Dunn & Bradstreet rating is a I R3.We have main- <br />tained a revolving line of credit with our bank, Eastside Commercial Bank in the amount of $175,0000 for <br />the past 4 years which provides working capital.The annual revenues for 2007 were $4.4M and in 2008 were <br />$4.7M. <br /> <br />Grindline Skateparks, Inc. <br />Ownership Structure <br />Roger Mark Hubbard, CEO - 50% Owner - 4619 14th Ave SW, Seattle WA 98106 <br />Emily Greer Giaquinta, CFO - 25% Owner - 4122 44th Ave SW, Seattle WA 98116 <br />RobertVincent Owen, Foreman - 15% Owner - 4056 23rd Ave SW, Seattle WA 98106 <br />Matthew Brett Fluegge. COO- 5% Owner - 1470 St. Hilaire Rd.,Yakima,WA 9890 I <br />David Lent Palmer, Foreman - 5% Owner - 3913 SE 71 st AVE, Portland, OR 97206 <br />