“Not True,” says John Otto

Centerpoint Financial Services, LLC

1675 Larimer St., Suite 880 * Denver CO 80202 * Tel: (303) 615-5099 * Fax: (303) 615-9790

“ Not true” says John Otto, chairman of Heritage Leasing, major stockholder of Centerpoint Financial,
LLC, and Pentech Financial, Campbell, California. “ I

am not pulling the plug on Centerpoint.  It is true we hit a small bump in the road,

but that is taken care of.  “

The thirty year plus lease veteran with deep pockets confirmed the resignation of Randy
Schiel, now
former Chief Financial Office, while Otto was in the “far east” the last few weeks
(also visiting Da Nang, where he was shot at 37 years ago.)  He said he was glad
things happened while he was away. He understood Randy Schiell had other opportunities.

Leasing News has been receiving rumors about Centerpoint for many months.  We

first learned that Randy Schiell wanted to resign in September, then the Terrorist

hit the United States, and he decided to stay for many reasons.

It is obvious that John Otto put more money into the company, plus reassured lenders

and other lines of credit he would stand behind the company, plus believed the leasing

market was turning around.

“ My confidence in Gordon Roberts as president has never changed or wavered,
“ he said. “ He and Chuck Brazier are doing the best they can in this economy.... We want

to continue to do business with brokers.”

Gordon Roberts was at Colonial Pacific Leasing, as well as Chuck Brazier, who

went to Florida, then joined Oren Hall at Heritage of Sacramento, who’s company was

“absorbed” by First Sierra/SierraCities. Both are past presidents of the United

Association of Equipment Leasing ( Roberts 1993/Brazier 2001 ).

“ Business is picking up in the entire leasing industry and 2002 will be a good

year for all of us, “ Gordon Roberts said.  “ There really is not much else to

add, except that Randy Schiell has gone on to bigger and better things.”

This is from a public website about Randy Schiell

http://www.americanleasing.com/entertainment/monthjokes/monthjoke_Dec_2001.htm:

"My beautiful wife of 27 years, Janelle and I have two great kids, son Chris,
a sophomore at the University of Colorado majoring in Philosophy
(mine was sociology, so there is some hope) and daughter Angela
a freshman at Ralston Valley High School in Arvada Colorado.
We ski a bit, hike a lot and I spend weekends gardening and puttering
(a handyman of sorts, I build sprinklers, decks and finish basements.
We seem to move every time I finish a house. We've spent four years in
this one and I'm down to the basement, so maybe another 4-5 years and
then who knows? Janelle is settled, so she'll kill me if I mention moving)"

”Randy is the chief operating officer for Centerpoint Leasing, Denver, Colorado.
He founded the company along with Gordon Roberts, who is the chief executive
officer. He has over twenty-five years in experience in the financing and lending
business. Since 1979, he has been working in the leasing industry exclusively, with
the majority of that time spent in the small ticket leasing field. His background has
included credit analysis, collection, computer operations, finance and accounting experience.
Prior to Centerpoint Financial Services LLC, he worked for over six years at First Concord
Acceptance, with Gordon Roberts and most of the current CPFS staff. Prior to First Concord,
he was at First Centennial Leasing, where he and Mr. Roberts first began their association.

”Randy Schiell is a graduate of the University of Colorado, and has his MBA from Colorado State
University. He is active in industry associations, including becoming a Certified Leasing Professional. "

(Here is a current e-mail address and telephone number.   He did not contribute

to this story in any way. I am willing to swear that in court. There is a lot more

I know from other sources, but not from Mr. Schiell. From my observation,

Mr. Schiell is on the streets looking for a job.  He is a very good man. Editor)

Randy Schiell

CRSchiell@aol.com

303-467-9654