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Updated report to appropriate authorities - evidence of tax credit and bank frauds. Dated 07/10/2010 (cont)

2.2 Scissortail Capital, Scissortail Venture Capital, Sidney Clarke

Scissortail was another suspected fraudulent 2006 tax credit filing claiming $89.5 million was invested in Oklahoma Global Motors, Ardmore Biodiesel, Double B Energy Services, Westheimer Aviation, and Commuter Air Technologies. They were taking $27 million in tax credits. Suspect at least $16 million was sold to Samson Resources Co and Lamamco Drilling Co. The same tax credits were cashed in for tax refunds by buyers and sellers in 2009.

No evidence could be found to show three of the companies Oklahoma Global Motors; Ardmore Biodiesel; Double B Energy Services; were ever active businesses, at least within a maximum 24 month period required to qualify for tax credits.

Commuter Air Technologies ($11.4 million) jobs were located in Arizona, making it ineligible within a maximum 24 month period required to qualify for tax credits.

Westheimer Aviation ($21.8 million) was nothing more than a PO Box in Shawnee, OK, registered to Josh Brim. Shawnee was a location that would qualify for 30% rural tax credits. January 2007, the first month the tax credits were useable and could be sold for cash, Josh Brim purchased a personal (not certified for commercial use) 1991 Beech 400A, corporate turbo-jet. They were going for $1.5 to $2 million at that time. There is no evidence of what happened with the remaining $4.5 to $5 million or any business activity conducted by Westheimer Aviation. Brim is a key figure in Foxborough, involved in various other fraudulent tax credit programs.

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