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Biotech / Medical : SANGUINE CORP. (SGNC)
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To: Andrew H who wrote (360)6/12/1998 12:33:00 PM
From: Lee Walsh   of 5402
 
Andrew,

I believe if you look in SEC filings for ALL Biotech companies in the R & D Stage, you will see the following.

1) Statements like you just posted.
2) Very little if any Revenues.

That's just the nature of these type companies.

I know this, I have had several of these type companies in the past....

But, if they get ANY good results, or any large Med. company to even peek at what they are doing....LOOK OUT!!!

Lee
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