X-Message-Number: 335 From att!garnet.berkeley.edu!quaife Wed May 15 04:22:31 PDT 1991 Date: Wed, 15 May 91 04:22:31 PDT From: Message-Id: <> To: Subject: JOY 5/15/91 When I recently posted a notice about Trans Time's profits from selling its Cryomedical stock, I thought it was a source for JOY. Many cryonics companies have been formed and soon gone into the toilet; only a handful have held on for the long term (say 20 years), and it is a source of JOY when one of them has a major financial success that points toward them being around for the NEXT twenty years and more. At the same time, Trans Time scientists have made what appears to be a major breakthrough in cryopreservation of the mammalian (hamster) brain. Surely almost all cryonicists, whether they be signed up for whole-body or neuro, agree that the BRAIN is the most important organ to preserve successfully. These research advances are further source for JOY! JOY! JOY! Having read the earlier postings to this bulletin board, mostly from Alcor members, perhaps I was naive in expecting others to share these sources of JOY. But life IS for pleasure, not for hassling. Thus I will make SHORT replies to some of the recent replies to my postings, trying to stay within the confines that life is for JOY. Reply to Eric Klein (#328): Trans Time is currently maintaining 8 patients in suspension (5 whole body, 3 neuropreservation). We are not a membership organization. We have 85 shareholders who own our stock. We also have emergency responsibility for between 55 and 120 persons, most of whom are ACS Members. It would take complex explanations to nail down the exact number in that range, because of the changing relationship between ACS and TT. Reply to Steve Bridge (#329) Many thanks for your supporting lettter. I would relish it even more if, at a cryonics meeting of some years ago when I was attempting to introduce myself to a beautiful woman, you hadn't nudged me aside with "sorry Art, she's taken, she's mine." I have since found it within myself to forgive you for being possessive of such a spectacular girlfriend. She did wind up with the second best man in the world. Reply to Brian Wowk (#330) Sorry, I just can't get into all this negativeness now. I am surprised at seventh hand accounts of what occurred at in the V.J. suspension coming back to me. Probably we should have published a technical account of the suspension, but we never did. Yet rumormongers are coming back to me with reports of what happened with the same certainty and accuracy as the Weekly World News! In Brian's comments, methinks I hear the backstage voice of another major principal in Alcor, who has no love for Trans Time, and to whom I have no desire to respond. Reply to Carlos Mondragon (#332) Carlos, you are not quite right. Our stock is exempt from SEC registration under Regulation D, specifically including paragraphs 230.504 and 230.506. Our offering is under California Corporations Code Sections 21502(f). We are NOT required to have a prospectus, under either the federal or state code sections. Yet Trans Time HAS prepared an Offering Notice (Prospectus) describing our offering, and REQUIRES a stock purchaser to read it and sign a document stating he has read it, because we believe: 1. Any investor is entitled to the best knowledge of the principals of the company as what his investment will be used for, and what they expect will be the consequences to the company. 2. We must protect ourselves against lawsuits from investors who state "principal X told me the stock would triple in value in six months, and it didn't." (Kevin, you nothing to worry about. My earlier posting DID include a statement that interested investors should write me for an Offering Notice. Trans Time also has lawyers -- although that is a category where the fewer you need, the better you are doing.) As I bow out this multilogue for now, I invite all of you to share with me the words of wisdom from Auntie Mame: Life is a banquet, and most poor suckers are starving to death. So live! live! live! Art Quaife Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=335