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To: Jon who wrote (30981)2/27/2000 9:01:00 AM
From: Dwight Schwarz  Respond to of 150070
 
SGNC yes it did one of its quick burst upwards. Makes you wonder if that blood substitute comes in little blue pills.
:) Some newcomers at Raging Bull are saying financing all done except for crossing T's and dotting i's. So my guess is it is moving on speculation. It is the one stock I don't trade. Haven't for several years only buy. If you got in at .40 and have time to watch the ticker you might be able to flip at over a $1.00. If no announcement of financing it will drift back to .50 If financing is announced with shareholder friendly terms you will be bragging to your friends for years about that 40 cent entry price. Good Luck. I plan on doing my Katie impression with $1 , $2, $3, ... $25 somewhere in the future with this stock. And when it does I will need to get car advice from some of the speed enthusiasts on this thread. Bio-techs are getting hot and this could explode.



To: Jon who wrote (30981)2/27/2000 9:08:00 AM
From: StocksDATsoar  Respond to of 150070
 
Sanguine Corp. Releases Letter to Shareholders



PASADENA, Calif., Feb 8, 2000 (BUSINESS WIRE) -- The recent efforts
relating to raising funds necessary to enter the PHER-O2 molecule into
animal trials as a second-generation blood substitute has revealed
several new and interesting potential uses for the Sanguine developed
product.

Due to the substantial nature associated with the usage of the PHER-O2
molecule in both biomedical and non-biomedical applications, the
Sanguine board of directors has entered into negotiations relating to
an executive and medical board restructuring.

The restructure will enable Sanguine to concentrate on the animal
trials, while in parallel, explore new patent applications which could
result in royalty revenues prior to the completion of the animal
trials.

Sanguine Corp. (OTC BB:SGNC) is developing an artificial blood, as its
core product, that can be administered at room temperature with a shelf
life of three years. The use of the Sanguine perfluorocarbon product as
a blood substitute eliminates the need for type and cross matching, and
the fear of contamination from AIDS or Hepatitis viruses.

In addition, the Sanguine molecule is 1/900th the size of a human red
blood corpuscle (rbc's) and can, despite its size, deliver three to
four times the amount of oxygen, as well as remove CO2 in a similar
fashion to human red blood cells.

Its small size as compared to rbc's permits PHER-O2 to readily bypass
vascular obstruction to deliver oxygen to occluded vessels to restore
or maintain tissue viability, which is not possible with normal blood
substitution. PHER-O2 provides advantages for the treatment of shock,
ischaemia (stroke, peripheral vascular or coronary disease).

Its ready availability and long shelf life provide an ideal blood
substitute that can be stored for use, where type and cross matching is
not possible and where disasters: battle causalities, earthquakes,
explosions, automobile accidents, drowning and carbon monoxide
poisoning, require immediate oxygenated blood replacement.

Sanguine's proprietary product is being further evaluated due to its
inherent oxygen delivery capacity providing a safe, non-toxic oxygen
source that can be used to inhibit anaerobic infecting organisms such
as are present in salmonella and toxic coliform bacteria.

Furthermore, the PHER-O2 molecule is considered to have topical value
in cosmetics desiring to decrease odor, acne, athlete's foot and
monilial infection.

Sincerely, Thomas C. Drees, MBA, Ph.D. Chairman and CEO Notice: This
news release contains, and oral statements made from time to time by
company representatives concerning the information contained herein may
contain so-called "forward-looking statements."

These statements can be identified with introductory words such as
"expects," "plans," "will," "estimates," "forecasts," "projects" or
words of similar meaning, and by the fact that they do not relate
strictly to historical or current facts.

Forward-looking statements frequently are used in discussing the
company's growth strategy, operating and financial goals, regulatory
submissions and approvals, and development programs.

Many factors may cause actual results to differ from the company's
forward-looking statements, including inaccurate assumptions and a
broad variety of risks and uncertainties, some of which are known and
others of which are not. No forward-looking statement is a guarantee of
future results or events, and one should avoid placing undue reliance
on such statements.

Copyright (C) 2000 Business Wire. All rights reserved.

Distributed via COMTEX.
-0-
CONTACT: Sanguine Corp., Pasadena
Thomas C. Drees, 626/405-0079
Fax: 626/405-1041

WEB PAGE: businesswire.com

GEOGRAPHY: CALIFORNIA

INDUSTRY CODE: MEDICAL
PHARMACEUTICAL