RealT Community Call Recap

JM and Remy wish to continue selling part of the portfolio, including internationally, without rushing, in order to achieve the best possible prices. Sahl's agency (which no longer works with NDPM), along with another agency, has been mandated to sell the properties that received favorable votes from token holders. Remy would have preferred to keep these assets, but the ordeal has been particularly difficult for JM, even though he still believes in Detroit's potential and has often stated that he prefers selling when the conditions are right. The token holder voting process sometimes results in missed sales opportunities. RealT has received offers for certain properties that were not listed for sale, but potential buyers are unwilling to wait for the outcome of a vote. A solution will therefore need to be found to streamline this process. A communication explaining why all distributions have been suspended—not just those related to Detroit—will be sent soon. RealT is currently no longer developing its technology, despite the existence of interesting innovation opportunities. Development will resume once part of the assets has been sold and the portfolio has regained a degree of stability. The future direction will depend on the path RealT chooses to take. Likewise, JM still wishes to continue developing the DAO and connect it to the technological improvements he hopes to implement. RealT is also working on solutions aimed at fixing the RMM. The trustee is paid not from property income, but directly from the Jacobson brothers' funds. Finally, the Community Calls should resume on a more regular basis starting next week in French.