X-Message-Number: 6619 Date: Fri, 26 Jul 1996 17:57:08 -0400 (EDT) From: mark mugler <> Subject: Reply to Brian Wowk Brian stated in the CryoNet digest of 7/25/96 (sorry, I have to paraphrase here) that cryonics membership organizations would count contributions by individuals, which the organization would bundle to purchase shares in the Prometheus organization, toward the cryopreservation fees of that individual. This is the first I have understood anyone to propose this. While this idea is great from the standpoint of the individual -- if you can afford to pay your preservation fee up front, you can do so AND target the fees for Prometheus -- it doesn't sound so great from the standpoint of the membership organization, which would be investing in a high-risk venture with funds that have to be there for hundreds of years. My understanding was that the individuals would be able to apply their SHARES toward their cryopreservation fees at par, and that the membership organization would be able to turn right around and apply those same shares at par toward royalty fees. Under this scheme the individual has an incentive to purchase shares (though not as strong) and the membership organization does not have to incur any risk. I would appreciate hearing from Wakfer where he stands or what he has actually proposed. As you know, I support a level playing field, with maximum incentives for everyone to invest. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=6619