Good news, bad news.
Good news: Comitato Matera 2019 has accepted the second iteration of our Civic Innovation Network proposal. Another piece of good news is the appointment of British-Italian designer Joseph Grima as artistic director. I met him today, and he is a person much closer to the Edgespace than most.
Bad news: MT2019 is in a deep liquidity crisis. They need to solve it, not just to pay us but simply to keep moving. I made it a condition for going ahead with the deal that we receive a substantial advance. So: Paolo is going to engineer some liquidity. Meanwhile we will prepare a contract. As soon as he has completed his checks, we will complete the contract with the dates of the tranches of the payment, sign it and we are in business. Meanwhile, we will make conditional arrangements, telling the key people on the team “if this happens, then we will want to do that”. It’s like building a big red “start” button, and pressing it as soon as all the checks complete. He is meeting banks starting Thursday 20th.