SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?


To: justaninvestor who wrote (1107)6/18/1998 10:13:00 AM
From: Andrew H  Read Replies (1) | Respond to of 5402
 
>>I know $30M is a figure that has been talked about.<<

LOL--you can bet they would have announced it if it were 30M. Doesn't cost anywhere near that to test the product on a few animals. Still it is encouraging that the company received initial funding. Good luck folks.



To: justaninvestor who wrote (1107)6/18/1998 10:14:00 AM
From: macker  Respond to of 5402
 
the funding is 30 million,initially with more available as needed. the big boys will be buying in soon, that is why the mm's arent moving this thing at all, we know what we have here and so do they, they may try a panic dip, but they cant give up anymore cheap shares and they know it, the dip will be small and short lived, ill guess around 80-85 cents, then they will be right back up. they will take the sells on the dip but wont fill many if any buys before rushing back up. then when the big boys get here....

macker