X-Message-Number: 2546 Date: 13 Jan 94 08:15:21 EST From: Paul Wakfer <> Subject: CRYONICS Cryonics Business Failures To: CRYONET Everybody seems to be making a big deal about the prospect of cryonics business failures. However, I believe that most of the comments and concerns are missing the point. It doesn't matter THAT a cryonics business fails. It only matters HOW it fails. There has not been a cryonics business failure for over 15 years now. There has not even been a patient lost in that time. In fact, there has been co-operation to transfer, neuro-convert and save several patients whose funding was running out. I believe that this trend will continue. There are just too many wise, caring, wealthy and responsible people in the cryonics movement now to ever let a Chatsworth senario happen again. Patient funding is getting better protected with each iteration of the cryonics organization. I am a strong CryoCare supporter. I believe that the CryoCare - Patient Care Trust structure will be the best yet for protecting patients and their funding. But I don't believe for a minute that CryoCare itself will endure for any great length of time. In fact, I don't really care whether it does or not. What I DO care about is that its patients and their funding are preserved and will endure until the patients are revived. These are two completely separate concerns. Even with all Alcor's troubles, there does not appear to be any real chance of danger to their patients or the patient's funding. Even though Alcor appears to be draining its Endowment fund at an alarming rate, members with loved ones in suspension are watching carefully to see that the patient care fund is kept intact. And much as I disagree with the policies of those in charge at Alcor, I still trust and expect them to care properly for the patients and their funds. If they should run dry of operating money and have to fold their organization, they could carry on as just a long-term care organization or they could transfer the patients and funding to some other organization and service provider. MY POINT IS THAT I BELIEVE THAT CRYONICS HAS NOW MATURED SUFFICIENTLY THAT THERE IS AN EXCELLENT CHANCE THAT CRYOPRESERVED PATIENTS WILL ENDURE EVEN THOUGH CRYONICS ORGANIZATIONS MAY FAIL. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=2546