DOUGLAS G. FURTH

Mr. Furth has been active in the investment banking and venture capital markets for small cap companies since 1988. Prior to 1988, he worked for Smith Barney where he completed the corporate training program and worked in retail and institutional money management. For more than a decade Mr. Furth has worked on the development of small business ventures, concentrating on financing, strategic consulting, merger and acquisition work and management consulting. Throughout this time, Mr. Furth has helped to finance many companies on both a public and private basis.

Concentrating primarily on the small cap niche markets, Mr. Furth has worked to develop a number of proprietary investment programs, vehicles and strategies that have assisted companies throughout the various stages of their business development. These programs have focused on providing requisite financing for such companies while generating above average returns for investors. The development of risk-mitigated investment strategies has provided access to financing for many small companies that would otherwise not be available under current market conditions. Mr. Furth has also specialized in the development of proprietary exit strategies for investors and companies in order to fulfill the needs of both ends of the investment spectrum. His track record of success and expertise in the development of proprietary investment strategies

along with his business development skills will provide the General Partner with a very experienced Manager who has worked in the targeted niche capital markets for almost two decades.

In addition to his tenure in the financial markets, Mr. Furth has spent many years underwriting investments within the entertainment industry. Applying similar modeling and risk mitigation concepts has resulted in success across a broad spectrum of transactions.

FSP's structure and overall investment philosophy is highly reflective of Doug's past work and belief in the creation of risk mitigated investment opportunity while maintaining the potential for significant returns to investors.

As is the case with all of FSP's Managers, the underlying imperative to create quality family entertainment for future generations is a basic tenet of Mr. Furth's beliefs.