There was an important Board Meeting. Here is the summary from Greg Meredith. - The board approved the year's end transactions. - The vote was 6 to 2 in favor with one member not present. - It is important for people to understand that two members voted against because they were worried about potential regulatory issues. - The board and I [Greg M.] felt that the principal justification has to do with our improved view of the budget forecasting and understanding of the demands for advancing the Cooperative's mission for Mercury and beyond. - We encourage any questions regarding the decision at the RChain Community hangout next week. - The board also approved the substance of the Pyrofex deal. Details below. - There was a request that I [Greg M.] negotiate a tranched delivery of the RHOCs. - I spoke with Nash and he was generally amenable to this structure. - Finally, the board voted to give a counter offer to RChain Ventures that sets it up along the lines of a more traditional fund with the Ventures team as managers of the fund. | 
