This Week at the DIF — February’s Fact Sheet

The DIF’s second monthly fact sheet is below (or see a larger image here.)

INVESTMENT Meeting

In attendance: Mike, Amanda, Cole, Hytham, Demelza, Spencer, Jan.
Absent: none.

EQUITY

Upon receiving an improved offer from Company C, we’re now exploring the potential to make a proposal for it to be the DIF’s first equity acquisition. Fingers crossed and stay tuned!

After reviewing the additional materials sent by Company H, we’ve maintained our original decision that the opportunity presented is still not a good fit for the DIF. Communication around such has ceased.

ACCOUNTS

Absent a built-in backend option to segregate trade access from withdrawal access, we’ve arranged an OTC trading option with our (thus far, single) exchange partner for gold buys. To ensure that the OTCs trades are executed with proper authority, Mike, Spencer, and Hytham have a meeting to establish a digital chain-of-command.

We don’t meet in-person, but if we did, surely it would look something like this.

ADMINISTRATIVE Meeting

In attendance: Mike, Amanda, Cole, Hytham, Spencer, Jan.
Absent: none.

ACCOUNTS

The Cayman directors have not yet followed-up with the exchanges that are waiting on our additional KYC documents. We are contacting the directors in earnest to get this completed.

OPERATIONS

We have discussed the potential that, in the future, the DIF may benefit from the ability to access services in a more crypto-friendly jurisdiction whilst also maintaining its already-established presence in the Cayman. We’ll keep you updated on when and how the potential need for such a thing takes place.

Thank you, Dash investors.