X-Message-Number: 689 Date: Mon, 30 Mar 92 14:41:50 -0800 From: Subject: Response to #685, Perry Metzger Re: Response to #685, Perry Metzger Perry Metzger states that "... by making an offering without appropriate disclaimers you have just violated about a dozen securities laws." Mr. Metzger is just wrong. We do not even need an Offering Notice to sell our securities. We have prepared the Offering Notice because: (1) Anyone buying securities deserves to know exactly what he is getting into, and (2) for our own protection; we require any purchaser to sign a statement that he has read the Offering Notice. Mr. Metzger also states "I also wonder whether or not the securities in question are properly registered. If they aren't, you've just violated a whole other bunch of laws." These securities fall under the California Corporations Code 21502(f) Limited Offering Exemption, and under the SEC Regulation D Rule 504 Limited Offering Exemption. If you keep your offerings small enough, you can avoid substantial red tape. Yes, Trans Time has attorneys (one of whom prepared the Offering Notice), and yes, Trans Time keeps its nose clean. We have had no trouble with the law while operating for 20 years in California, where cryonics in general and another cryonics organization in particular have come under intense scrutiny by the officialdom. Art Quaife Trans Time, Inc. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=689