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
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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

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