X-Message-Number: 9673
Date: Sun, 10 May 1998 02:21:12 -0700
From: Paul Wakfer <>
Subject: Re: CryoNet #9581 Wakfer/CryoSpan
References: <>

> Message #9581
> Date: Fri, 1 May 1998 11:40:33 -0400 (EDT)
> From: Charles Platt <>
> Subject: Wakfer/CryoSpan

>On Fri, 1 May 1998, Bob Ettinger wrote:

>> Those of a nastily suspicious cast of mind will have other questions also,
>> especially bearing in mind recent public messages by Wakfer and 21CM and the
>> related history. Wakfer put a lot of his own money, as well as effort, into

>> CryoSpan, but has publicly complained that, although his money is still in 
it,
>> he has been ousted from any voice in management. 

> Paul Wakfer notified CryoCare and ACS early this year that he wanted to
> quit as CEO of CryoSpan.

It is pointless to drag out four years of history and I will not enter
any debates on this subject, however, it is simply a distortion of
reality to let this bald sentence stand without any qualifiers. The
sentence *is* true but what it does not state is the my decision and
notification was hardly a "voluntary" act. Over the course of several
years, the terms under which I decided to establish CryoSpan within the
21CM facility were completely demolished and my ability and ease in
operating it were made intolerable.

> I can forward to you his email on this subject,
> if you wish; or I can post it here, since Paul has said many times that he
> has no objection to anything he writes being quoted publicly.

Charles, it is true that I have said that and I stand by it. However, it
should also be clear to everyone that to get an objective picture one
would not only need to read quotes for my email but also the entire
history of the exchanges with others of which those quotes were a part.
This is something that you seem to have totally forgotten with your
article in CryoCare Update which succeeded admirably in assassinating my
character with some CryoCare members under the guise of not keeping "any
secrets from our members, no matter how bad or embarrassing the news
might be".
 
> He was not "ousted."

This is technically quite true. Since I owned the entire voting stock of
CryoSpan, I could not be "ousted" in the standard meaning of that word.
However, if written agreements are violated and I am not prepared to go
to court about it, and verbal understandings are also violated and my
ability to operate CryoSpan is made intolerable, then some such word as
"ousted" does apply. Perhaps Bob was getting confused with 21CM, from
which after being one of the three founders and supplying the operating
funds for most of its first year, I have been "ousted" from all role in
management and direction (again somewhat voluntarily since I believe
that it will do more harm to cryonics, and my own life extension, to
fight for my rights than to give in).

> He decided to make an exit, which came as a total
> surprise to me and, I think, everyone else.

Then I must say in all sincerity that you are a very poor judge of
character and of just how far people can be pushed and abused.

> After some to-and-fro, Paul
> presented a demand

"Demand" is a value judgment showing your lack of objectivity, Charles.
I was either going to shut down CryoSpan and liquidate its assets after
the patients were safely moved elsewhere in order to recoup some of my
investment or I wanted compensation for the money which I first "loaned"
to CryoSpan for building the silo-vaults and then later, stupidly,
converted it to shares when it was clear that no investors were going to
come forth with to finance the silo-vaults by paying back my loan.

> for compensation, in exchange for which he would
> relinquish his controlling interest in the company.

> The compensation he wanted was $20,000 plus several hundred shares.

This is again misleading. I am *not* a bargaining sort of person.
$20,000 was *not* what I "wanted". It was all that I figured that I
could reasonably get. What I "wanted", was that EITHER the
understandings and agreements which were the basis for taking on the
task of operating CryoSpan, for making the decision to locate it in the
21CM facility in southern California, and for making the decision to
"dig myself in" by constructing the silo-vaults, should be reinstated,
OR I should be compensated both the money that I had put into CryoSpan
operations (far more than the $20,000 cash loan/shares on the books) and
some reasonable salary for all the time that I had spent (greater and
more painful than it need have been because of the violations which I
have referred to).

> Please feel free to contact me if you have other "suspicions."

Please do *not* contact me. It is pointless to continue to drag up old
history when it is now over and done with. My view of it all right now
it that even though I feel terribly wronged and bear enmity towards
certain individuals which will be a long time subsiding, I am
nonetheless glad to be rid of it and wish to get on with more positive
plans and activities in the present and future. It is only Charles and
others who insist on continuing to "beat me over the head" even as I am
giving up and walking away from the fight.

-- Paul --

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