This psychic reading given by Edgar Cayce at his home on Arctic Crescent, Virginia Beach, Va., this 29th day of April, 1938, in accordance with request made by the self - Mr. [370], Active Member of the Ass''n for Research & Enlightenment, Inc.
P R E S E N T
Edgar Cayce; Gertrude Cayce, Conductor; Gladys Davis, Steno.
R E A D I N G
Time of Reading 11:00 to 11:10 A. M. Eastern Standard Time. ..., Alabama. (Enquiring mind. You will answer the questions he has submitted regards his associations with Prince and others regarding a defrosting solution they have patents on, also about its sale and distribution.)
1. EC: Yes, we have the body, the enquiring mind, [370]; this we have had before.
2. As to the associations and connections with Prince and associates, that have invested in the undertaking:
3. Before there is the allowing of Prince or others to go to those who would finance the manufacture or distribution of same, have those - in whom the body, [370], has, and has reasons to have, the utmost confidence - to examine the patents; what they cover, to whom they are made, and the manner of the distribution of profits from the sale of or royalties on the solution itself.
4. This as we find offers such revolutionary ideas in these undertakings that there must be then these precautions. Not that there is the questioning of anyone at present in association with the body. But once it is out of the hands of the present investors, what is their recourse as to the manufacture and sale of such solutions?
5. All of these things should be considered in the beginning.
6. Ready for questions.
7. (Q) Is the proposed trade through Mr. Prince's attorneys the best trade for all concerned? (A) As indicated, this will be well provided there are no loopholes held, or allowable, where the present investors may be frozen out by the lack of sufficient experimentation in the various fields of activity through which the product is to be distributed, and thus through the organization and the owning of the patents eliminate those present investors.
8. (Q) Should some other agency be sought for distribution? (A) Not necessarily, provided there are all these protections in the agreements before there are any contracts or agreements entered into for the furnishing of capital for
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manufacture or distribution.
9. (Q) What is the wisest course for those who have invested to pursue in the matter? (A) As just indicated. Have those as given investigate and arrange before such that it will be an impractical thing to allow those thus investing for royalty rights to eliminate them from their holdings.
10. We are through for the present. Copy to Self " " Ass'n file