X-Message-Number: 6535 Date: 15 Jul 96 21:11:33 EDT From: "Kent, Saul" <> Subject: Concerns About Saul Kent -------- Forwarded Message -------- Subject: Concerns About Saul Kent Date: 15-Jul-96 at 17:15 From: Kent, Saul, 71043,1120 To: Cryonet,Internet: Ken Stone said that one of the things that's keeping him from pledging to The Project is my involvement in it. He even suggests that's he's afraid of "getting ripped off" because of my involvement in The Project. Before I address his concerns, I'd like to make it clear that I am a pledger and an advocate for The Project, nothing more. The Project was started and is being developed by Paul Wakfer. Paul has made it clear that he and he alone will be in charge until the financial goal of The Project is achieved, and that when a company is formed to conduct the research, it will be run by its stockholders. Since I and my partner Bill Faloon are pledgers and plan to be stock- holders in the company, we will exert our influence over the company's affairs in proportion to the percentage of stock we own. As for as Mr. Stone's concerns: 1. I am Founder and President of The Life Extension Foundation. The Foundation has members who pay $75 a year to obtain information about research, politics, products, and therapies. Members also get discounts on their purchase of products sold by The Foundation or by companies recommended by The Foundation. 2. The Foundation and the FDA differ on many things. The FDA spent millions of dollars over a 9-year period trying to destroy The Foundation and put my partner and I in prison. They failed. The story of our war with the FDA is in the current (September) issue of our monthly publication LIFE EXTENSION MAGAZINE. This is neither the time nor the place to discuss our differences with the FDA. 3. The Foundation has never made any money from the sale of deprenyl. We've recommended its use for Parkinson's and Alzheimer's disease and as a possible anti-aging agent based upon the available scientific evidence. In the current issue of our magazine, we have an article analyzing recent negative findings about deprenyl and re-evaluating our recommendations of the drug. Again, this is neither the place nor the time to discuss this issue. 4. I do not think it is appropriate for me to discuss any lawsuits or legal proceedings we may have been involved in through the years, but I can tell you that no legal judgement has ever been rendered against us regarding any product we've ever sold or recommended. As far as your concerns about me, about anyone else, or about The Project itself, I'd say the best way of educating yourself about these things would be for you to made your pledge to The Project. By doing so, you'll be privy to the discussions leading to the development of the scientific and business plans for The Project, you'll get to know the other pledgers better, including myself, and you'll have plenty of time (probably at least a year and a half) to decide whether you want to invest in The Project If you don't approve of the plans or anyone associated with The Project, you'll be able to drop out before a red cent is collected from you or anyone else. ---Saul Kent Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=6535