Hi,

Xav and I had a meeting last monday with the studio's investors.
Most of the meeting revolved around an update on the project based on a
presentation which can be found in the repository (
http://farsides.com/files/), in investors documents.
By the way Xav the repository seems to have an issue - when I click on any
document there's is an error message.

There was  also a discussion about 1) transparency of the studio (the
investors feel that some elements should remain confidential - this subject
will also be discussed here once Xav and I understand better their
concerns), and 2) the next steps for the investors (shareholder agreement).
I include below a google translation of the mail I sent them with the next
steps and the agenda of next meeting.

Thx
D
------------------------------------------------------------------------------------------------------------------------
The next steps in brief:

1) upcoming meeting:

o On December 17 at 9:30

o Agenda:

- Review articles / shareholder pact with the objective of being close to
signing after meeting

- Further discussion on the need for transparency in the studio to discuss
what should remain confidential.

2) By then:

o Articles / Shareholders: [Xavier / David] shall prepare a draft on which
we will share with you by mail before the meeting

o Transparency:

- [Xavier / David] share via email:

examples of best practices in the industry open source at this level, and

list of points where the issue of confidentiality may arise in our opinion.
FYI: To give our model the best chance of working, we are following since
the project began the premise that everything is public by default, and no
one chooses to make a confidential item if one is convinced that the we can
not do otherwise without it harms someone or project.

- [You] it is interesting that you list on your side also the elements in a
personal capacity, or for the benefit of the studio, or for legal reasons
you seem sensitive to make public
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