X-Message-Number: 6543
Date: 16 Jul 96 11:02:35 EDT
From: "Kent, Saul" <>
Subject: Thomas Donaldson's Question

	Thomas Donaldson asked me to comment on his statement that "both
Steve Bridge and Bob Ettinger see the possible loss of their tax-free
status if they become associated with Prometheus."
	
	My comment is that, I do not believe that is their concern. I
believe the issue that was raised was the question of whether there is
any risk to the tax-free status of a cryonics organization if a member
who invests money through a donation to his or her organization is given
proxy rights in the company being invested in.
	
	I do not believe there is any legal problem with cryonics organi-
zations investing money and owning stock in a for-profit company, nor do
I believe any of the leaders of the cryonics organizations are concerned
about this.

---Saul Kent


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