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Biotech / Medical : SANGUINE CORP. (SGNC)
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To: Striyker who wrote (2749)7/7/1998 8:59:00 PM
From: Gwolf  Read Replies (2) of 5402
 
I asked Dr. Drees how he supported himself considering the fact that the company is not producing any income. He told me that he is known internationally as an expert in this field and does consulting for companies around the globe. In addition to that he has personal retirement funds from the major drug companies where he worked. He was the president of various divisions for Ely Lilly and Abbott labs ( I hope I got the right companies, if I don't someone correct me).

One thing that impressed me is that Dr. Drees has a doctorate in business management and has as I mentioned actually been the president of several divisions for large drug companies. I think this is very significant, Dr. Drees is not some doctor trying to invent Flubber that doesn't have a clue how the business world works. The doctor has been with these companies and knows how to take the product to the market from start to finish - this isn't his first time out of the starting shoot. He also know how to manage the business once it gets to market, this should be of major importance to investors. This is not some genius doctor that can't figure out how to tie his shoelaces, he has been in the big leagues and knows the game. In addition to that all of the major players know him on a personal basis. We don't have a rookie here we have a veteran.

Gwolf
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