X-Message-Number: 2313
Date: Thu, 24 Jun 93 16:00:38 -0700
From: 
Subject: CRYONICS  newsletter

THE TRANS TIMES
Life Extension through Cryonic Suspension

Volume 2 Number 3                                  June 1993


                     Stock Offering to Close

On March 20, TRANS TIME initiated an offering of 198,885 shares
of its common stock for $1.20 per share. The main purpose of the
offering was to raise money to purchase the building in which
BioTime currently leases space.

In April we made an offer to lease that building, with a one year
option to purchase it for $500,000. Our offer was close to what
the owner wanted, but on the same day we made it, another party
made an offer that was even closer. The owner accepted the other
offer. While that offer was still in the tentative acceptance
stage, we prepared a backup offer for a straight purchase at
$550,000. However the other offer met contingencies and became
firmly accepted.

So our search continues. We still want to move from our current
location, and we have a real estate agent looking for other
locations. 

So far we have raised about $85,000 from the current stock
offering. The offering closes on June 30. Please phone or write
us if you wish to receive a copy of the Offering Notice.

This news notice is not an offer to sell nor a solicitation of an
offer to buy the shares. The offering is made only through the
Offering Notice. [The CryoNet does not endorse any securities
offerings, but only passes on news.]


                        Job Opening

Trans Time does its accounting on computer, using the Peachtree
Complete Accounting system. For many years we have been hiring
part-time workers to run the system under Art Quaife's
supervision. These employees have typically lasted six months to
a year before moving on. We would prefer to hire a fellow
cryonicist for the job, who we might expect to stick with the job
for a long time.

The employee spends about half the time doing accounting, and
half giving general office assistance (preparing literature,
getting out mailings, running errands, etc.).

There is a great deal more work here that needs to get done, for
anyone that gets very involved in our operation, and can shoulder
responsibility and write well. This means that the position could
evolve into full-time, and at higher pay.

If you are interested, please give Art Quaife a call. Interviews
start immediately.


TITLE: Accounting Clerk

DUTIES: Run our Peachtree accounting system on an IBM
PC-compatible computer. Modules include general ledger and
accounts receivable. Also, provide general office assistance.
Applicant should have a car.

EXPERIENCE: Applicant should have job experience in computerized
bookkeeping/ accounting, or have taken college courses in
accounting. Knowledge of WordPerfect is very useful.

SALARY: $11.00/hour.

HOURS: 20 hours/week. Prefer 1:00   5:00 p.m. weekdays.

CONTACT: Art Quaife, 510-639-1955.


                       Annual Election

TRANS TIME held its Annual Meeting of Shareholders on April 25.
At the meeting, Directors for the upcoming year were elected. At
the subsequent meeting of the new Board, officers were elected.
Here are the results:

    President:          Art Quaife, Ph.D.
    Vice-President:     Hal Sternberg, Ph.D.
    Secretary:          Judy Segall
    Treasurer:          Norm Lewis

Other Directors elected, with their areas of expertise, are:

    Property Manager:   Carmen Brewer
    Electronics:        Stephen Kehrer
    Education:          Annie Yount


                       Jerry White Honored

Jerry White did not run for re-election to the Board of Directors
this year, because he is conducting a personal battle with AIDS.
At the meeting, Art Quaife briefly recounted the history of
Jerry's involvement in cryonics.

"Back in 1964 I was named the Berkeley Coordinator of the Life
Extension Society. In 1967, Barbara Sakitt and I held an
organizational meeting to see if we could get any cryonics
activity going locally. There were about six or seven people at
that meeting. One of them was Jerry White; another was Dr. M.
Coleman Harris. Over the next year organizational efforts were
made that led to the formation of the Bay Area Cryonics Society
(BACS). Dr. Harris was the first Chairman. 

"Dr. Harris kept the job until 1971, when he stepped down and
Jerry White was elected as Chairman of BACS. Jerry remained as
Chairman of the American Cryonics Society for 12 years, stepping
down in 1983. 

"In 1972, eight members of the Bay Area Cryonics Society
proceeded to form TRANS TIME. Jerry White was one of them. Among
other incorporators who are still active are myself, Edgar Swank,
and Linda Chamberlain. Jerry was elected as our first treasurer.

"Jerry has served on the TRANS TIME Board for 19 of the 21 years
since 1972. He has been a very eloquent representative for
cryonics in the many interviews and public appearances he has
made. During the past quarter century, he has had a hand in many
projects, which include getting TRANS TIME stock qualified for
issue, and acting as an assistant surgeon in suspensions." 

On behalf of the TRANS TIME Board, Art then presented Jerry with
a handsome plaque, honoring his years of service and his
contributions. He also urged Jerry to return to the Board at such
time as his health permits.


                      Upcoming Meeting

TRANS TIME holds bimonthly business meetings at which visitors
are welcome. The next meeting has been changed to Saturday, June
26, 1:00 p.m. at:

               The Home of Judy and Paul Segall
               1003 Middlefield Road
               Berkeley, CA 94708
               (510) 644-3153

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