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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Profiteer who wrote (14)5/28/1998 3:44:00 PM
From: Gwolf  Read Replies (1) of 5402
 
I called Dr. Drees to inquire when the animal testing is going to get started. He informed me that all of the research has been completed, that an agreement has been completed but not signed and that they are awaiting financing. So as soon as this agreement is signed they will have financing and be ready to go. I guess the reason the stock hasn't gone any where so far is that somebody has gotten off of their duff and signed the agreement. My brother, who is in the medical profession says that a blood substitute is very badly needed and wanted by everyone in that field. Once we get that announcement we will probably start to see the stock move. I noticed that we are seeing some volume coming into the stock today. I have a feeling that this will be just like COII that bobbled along until one day it just caught fire.

Gwolf

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