Alcor has received seven million dollars following final settlement of the estate of a confidential member who was cryopreserved several years ago. The bequest will be divided equally between Alcor’s Patient Care Trust and a new Endowment Fund to be created with a maximum legally allowed annual distribution of 2% per year.
At the 2010 Strategic Meeting, the board and management discussed Alcor’s financial well-being at length. The majority of the meeting focused on specific budget cuts, fee increases, and plans for establishing an endowment. However, it was also necessary to discuss those policies and practices which affect Alcor’s bottom line. This article is intended to clarify Alcor’s grandfathering practice in general, as well as the benefits and limitations of Alcor’s Comprehensive Member Standby policy, specifically.
Last year, Larry Johnson and self-proclaimed screenwriter, Scott Baldyga, wrote and started selling for profit the book Frozen, which purported to be about Alcor. The book was published by Vanguard Press. After successfully filing suit against Johnson in 2003 for violating the privacy of Alcor members, Alcor was forced to sue Johnson again in 2009, as well as Baldyga and Vanguard, for publication of Frozen. The lawsuit was filed to obtain damages for the false and defamatory content of the book, to enforce prior court orders and agreements which publication of the book directly violated, and to protect the privacy of Alcor members.
After being found in contempt of court for failing to answer for his conduct, an arrest warrant for Larry Johnson was issued in Arizona earlier this year. This was followed by an arrest warrant in his new home state of Nevada. After posting bond for the Nevada warrant to avoid jail, Johnson finally sat for deposition on October 20, 2010. During deposition, Larry Johnson invoked the Fifth Amendment more than 300 times to avoid incriminating himself. Questions which he declined to answer included:
Alcor recently acquired its second LUCAS 2 chest compression device replacing the older LUCAS, leaving one assigned to the airline travel kit and one now assigned to the Rescue Vehicle. The LUCAS 2 differs from the original Lucas in that it is an electric rather than a pneumatic device. This eliminates the need to carry […]
Membership Alcor had 926 members on its Emergency Responsibility List. Two (2) memberships were approved during this month, one (1) membership was reinstated, four (4) memberships were cancelled and two (2) members were cryopreserved. Overall, there was a net loss of three (3) members in September 2010. Applicants Alcor had 53 applicants for membership. Seven […]
The next Alcor Board of Directors meeting is scheduled for Saturday, November 6, 2010, at the Alcor facility (7895 East Acoma Drive in Scottsdale, AZ) at 11:00 A.M. (MT). Members and the public are encouraged to attend.
The Alcor Board of Directors was present at the Alcor facility on September 11, 2010, for the annual Board of Directors meeting which was open to the public. During this meeting elections were held for officers and board members. Jennifer Chapman was re-elected as President of Alcor. Mike Perry was re-elected as Alcor Treasurer and […]
PHOENIX Alcor will host a training session for the Arizona Response Team on Saturday, October 16th. This will be held at Alcor Central in Scottsdale, AZ starting at 1:00 pm. Aaron Drake, Alcor’s Medical Response Director will conduct the training. Topics to be covered include learning the operation of Alcor’s new Lucas 2 chest compression […]
Deployments We have had 15 deployments in the last year for Alcor members, including 2 this past month. A suspension was performed in 11 of those deployments. Alcor collaborated with Suspended Animation’s team on 4 of these responses.
Membership Alcor had 929 members on its Emergency Responsibility List. Six (6) memberships were approved during this month, two (2) memberships were reinstated, three (3) memberships were cancelled and no members were cryopreserved. Overall, there was a net gain of five (5) members this month. Applicants Alcor had 48 applicants for membership. Four (4) new […]