Zulu's Message

Dear Rusty,

As requested, here is a brief description of some of the loans that Bone Financial has detailed in its SEC application and promotional material. The material is all part of the public domain at this time, available upon request to any interested party. Quoted sections are taken verbatim from Bone Financial documents.

“The Bone Financial Life Loan is the ideal financial instrument for applicants who are highly skilled, white collar professionals that are working in industries that are undergoing significant economic disturbance, such as the auto industry.”

The Life Loan is designed to be the main financial product that keeps the company in the public eye. The premise for this loan is that the eligible applicant receives a temptingly sizable lump sum of money that they can anything they want with. They can use it to pay off mortgages, consolidate bills, to take large vacations, purchase businesses or other large ticket items that enable the beneficiary of the loan to seemingly change their lives in a qualitative way. The borrower then has a choice to make either monthly or quarterly payments to pay the interest on that lump sum. The size of those payments is of course dependent on the interest rate assigned to the loan, which is derived using a formula based on a number of factors such as the credit rating of the individual, their current income, their total asset/liability ratio and their expected lifespan.

“The true beauty of the Life Loan, and perhaps its most appealing feature for many borrowers, is that the payments remain relatively low because the borrower only has to the interest during their life.”

The balance of the loan is collected from the estate of the borrower. The borrower is required to maintain a term life insurance policy for the full amount of the loan balance plus a premium of at least 25%.

While the Life Loan is the product that is most prominently featured in their literature, the more puzzling product is almost hidden in dismissive footnotes as a philanthropic outreach program. This ‘product’ is called a ‘pre-mortem purchase agreement’ or a PMPA.

PMPA’s are essentially arrangements where Bone Financial purchases the rights a person’s body after they die. The literature is unclear on exactly why Bone Financial would pay out money to buy the rights to dead bodies, especially prior to the death of the individual in question, but they do make vague allusions to using the bodies for ‘scientific research.’ The customer sells away all rights to their body after death.

As part of the PMPA, the person who is selling the rights to their body receives a lump sum payment—the size of which is based on a formula that the company refuses to divulge based on ‘trade secrets’—that payment though will be reduced if the person wishes to retain the services of a Certified Mortuary Assistant who would plan and conduct the appropriate memorial service for the decedent when that time comes.

As you can see, our friends at Bone Financial have put considerable thought into this set-up and have figured out how to legally acquire a large number of dead bodies to which they will have full legal rights to use as they deem appropriate, although I would anticipate that there will be some local resistance to any facility that will be used as a warehouse for these cadavers.

I will continue to look for information that may be of value to you and your friends, but I want you to keep in mind that you will not have any support from the Bureau or the DOJ, so be very careful.

Take care,

Zulu