Report to Shareholders Fillmore Solari

As a small boy, I recall mobile tracts in the vicinity of my mother, presenting himself as its title, “Warning, warning, warning.” He was an aide-memoire, the creation of our residents and associations that result Dozens of years of work to try to prevent developers, the city hall and foreign, wanted to enjoy the presentation of high houses as successor beautiful homes and parks. I remember realizing that the World I grew up in a — trust, honesty and commitment to the world a better place - it was not the fact that I grew up in I started to ask how we perhaps resume birds on trees, love of our relations and power back to the holding of the man, whom a better world for our children and grandchildren.

Sometimes I think back to the old days at the turn of the century. For 2000, we were in a struggle for our lives, neighborhoods were attacked and life seemed hopeless and full darkness. And yet it was in these conditions as the seeds are born of transformation. We gather today to celebrate this change and a world so full of hope and light.

When I see myself in the space I have a lot of familiar faces. Tognotti Marc and I were together when we incubated Fillmore Solari in 2003, the original 3220 Sacramento Street space. Skinner court of origin was among a group of Palo Alto in the South Bay Solaris, and Christina Englebart was an ally of the Sevastopol Solari. Some others come from the initial core of the Solari Action Network. Indeed, we, together with Jason Eaton, based Solari Middlebury in Vermont, were the first.

As we sat in the start-up phase of 3220 agencies for a long time, we have doubts that we could build a good database and investment advisor for Fillmore. We fear we would be closed and our life and reputation ruined if we try to sun, as the government of all the resources at our workplace - even less sure that these legal means have been used. How lucky we were a number of opportunities and relationships kinds of gifts to us so that we can grow together in a cohesive force of the profession, men and women drawn together by talented our love for our city and a powerful faith, a peaceful and sustainable economy was possible.

One of the reasons for the success of our first was that our first round of capital to a community, in the vicinity. A fair amount of retired residents were still sought a means for their investment of the Company inventory management — fraud Exchange at the turn of the century has been considerable, and it was one of hunger investors to invest nearly home with people they knew and trusted. A number of them have provided seed money and advice, paving the way for broad acceptance of our first sale of the reserve Fillmore Solari and B-shares Fillmore Solari Venture Fund B-share in the community. The year was 2004.

Inside the towers, we have local governments and pension funds. While we have a judicial solution of energy, we have significant capital investment cycles socially responsible. As we have built a liquid market for our actions and made many investment fund specializing in secondary markets in B shares, Solari before 2010 and major global capital began flowing in our equity pools.

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