|   | 1. | I      have reviewed this annual report on Form 10-K of The Blackhawk      Fund; |
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|   | 2. | Based      on my knowledge, this report does not contain any untrue statement of a      material fact or omit to state a material fact necessary to make the      statements made, in light of the circumstances under which such statements      were made, not misleading with respect to the period covered by this      report; |
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|   | 3. | Based      on my knowledge, the financial statements, and other financial information      included in this report, fairly present in all material respects the      financial condition, results of operations and cash flows of The Blackhawk      Fund as of, and for, the periods presented in this  report; |
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|   | 4. | The      Blackhawk Fund’s certifying officers were responsible for establishing and      maintaining disclosure controls and procedures (as defined in Exchange Act      Rules 13a-15(e) and 15d-15(e)) and internal control over financial      reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))      for The Blackhawk Fund and have done the  following: |
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|   | a. | designed      such disclosure controls and procedures, or caused such disclosure      controls and procedures to be designed under their supervision, to ensure      that material information relating to The Blackhawk Fund, including its      consolidated subsidiaries, is made known to them by others within those      entities, particularly during the period in which this report is being      prepared; |
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|   | b. | designed      such internal control over financial reporting, or caused such internal      control over financial reporting to be designed under their supervision,      to provide reasonable assurance regarding the reliability of financial      reporting and the preparation of financial statements for external      purposes in accordance with generally accepted accounting      principles; |
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|   | c. | evaluated      the effectiveness of The Blackhawk Fund’s disclosure controls and      procedures and presented in this report the conclusions about the      effectiveness of the disclosure controls and procedures, as of the end of      the period covered by this report based on such evaluation;      and |
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|   | d. | disclosed      in this report any change in The Blackhawk Fund’s internal control over      financial reporting that occurred during The Blackhawk Fund’s most recent      fiscal quarter that has materially affected, or is reasonably likely to      materially affect, The Blackhawk Fund’s internal control over financial      reporting; and |
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|  | 5. | I      have disclosed, based on my most recent evaluation of internal control      over financial reporting, to The Blackhawk Fund’s auditors and the audit      committee of The Blackhawk Fund’s board of  directors: |
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|  | a. | All      significant deficiencies and material weaknesses in the design or      operation of internal control over financial reporting which are      reasonably likely to adversely affect The Blackhawk Fund’s ability to      record, process, summarize and report financial information;      and |
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|  | b. | Any      fraud, whether or not material, that involves management or other      employees who have a significant role in The Blackhawk Fund’s internal      control over financialreporting. |
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| April      15, 2010 | /s/ Frank Marshik                                                                |
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|                | Frank      Marshik                                                               |
|                | President                                                                        |
|                | (Principal Executive, Financial and Accounting Officer) |

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