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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Andrew H who wrote (755)6/15/1998 7:53:00 PM
From: Dixie7777  Read Replies (4) of 5402
 
I have just read your post and am somewhat disappointed, actually shocked, just shocked in your apparent attempt to hype this stock.

I personally believed, and made a significant investment in this equity because I knew

1. FDA approval was easily going to take more than 41 years. Please be accurate and don't mislead our investors with your 6 years scenario.

2. I was clearly under the impression that the funding that would be required easily exceeded $7,000,000,000. Your super conservative estimate of $200,000,000 is also very misleading to potential investors.

3. Not only does this company NOT have a partner with deep pockets, but the president and COO have been seen as of late on the streets of NYC, panhandling. I am further led to believe that they have been seen eating left over pizza crusts from IL Vagabondo over on East 62nd street.

4. Now here's where I believe you've gone totally overboard. As I am told by people in the know, the FDA will not approve the product, but beyond that the FDA has put an all points bulletin out for the 5 top executives and will insist that they themselves submit their own bodies for the testing of the vial solution they call substitute blood.

5. Now that we've determined that the FDA will not approve the product and clearly all the top executives will die from the testing; it's a moot point as to whether any product revenue is ever generated. I am sincerely confused as to why you even mention this.

6. You ask how many OTCBB companies have gotten a product through phase 3 trials for approval and subsequent marketability? This is a difficult question. However, I have a friend in, of all places, Canada that has answered the question. In 1679, a small company called, Fartout, named after its founder, (family has since changed its name to Forthright,) submitted for approval a solution that, well... prevented gas from escaping from embarrassing portals. Today, that company is known as Campbell's. Furthermore, It quickly found out there was more money in generating gas than preventing it and invented the "baked bean."

Now AndrewH, I think you need to cut back on your hype a bit. Before long someone is going to come along and make a foolhardy investment because of your loose tongue.

Consider this a warning, next time I'll have no alternative to but to sentence you to 2 days in a small room with 5 people eating, what else but... cans and cans of
Campbell's Baked Beans. With a member of the Forthright family.
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