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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Forthright who wrote (2380)7/1/1998 10:07:00 PM
From: Turboe  Respond to of 5402
 
It is the only game in town... AIDS... FDA speed-up campaign like IRS (I was involved in IRS from start-- read profile)... Only game in town... Chess game... $20 BILLION MARKET...



To: Mr. Forthright who wrote (2380)7/1/1998 10:29:00 PM
From: chirodoc  Read Replies (1) | Respond to of 5402
 
MORE PROOF ON THE SAFETY AND EFFICACY OF PFC'S

Artificial blood works in test on baboons

...."There was absolutely no sign of any adverse reaction. We think this is a particularly important animal to deal since it is very similar to human response."

By Raju Narisetti( Washington Times- March 20, 1994)

A Yellow-Springs based scientist's pioneering work to develop synthetic blood is one step closer to reality. Synthetic Blood International Inc. said it successfully completed a test of artificial blood on baboons, the first step of a long testing process to get synthetic blood approved for human use.

The bulk of the San Diego, Calif.-based company's research is conducted at the Kettering Labs in Yellow Springs by scientist Leland C. Clark Jr.

Clark, who has more than 80 inventions to his credit, is best known for the 1952 heart-lung machine that allowed surgeons to perform heart surgery such as heart transplants, open heart and coronary by-pass operations.

The baboon tests are critical to the startup company because Clark's approach- based on using fluorocarbons- departs from most other efforts that aim to artificially recreate hemoglobin, the red blood cell.

Through most artificial blood products are not expected to be readily available for three to five years, demand for such blood is expected to be between $5 billion and $8 billion.

Synthetic Blood also received a financial boost when New York's American Heritage Fund Inc., an investment company, acquired one million shares of common stock in a private placement. Terms were not disclosed.

Synthetic stock, which is traded over the counter (symbol: SYBD), was last bid at 11/4. Since it was listed a year ago, the stock price has traded between a high of 31/2 and a low of 3/4 per share.

American Heritage, which now owns 6.7 percent of Synthetic stock, manages a $150 million aggressive growth fund. Clark is the single largest shareholder in Synthetic with a 25 percent holding. The startup company has 20 million outstanding shares with a float - shares available for trading - of about four million shares.

Both Clark and company officials cautioned that with another round of primate testing to follow and subsequent tests on humans, a synthetic blood product approved by the Food and Drug Administration is at least three years away.

Clark, 75, came up with the idea of synthetic blood some 30 years ago but has since struggled to develop a liquid that can carry oxygen, which is the main function of blood.

The baboon tests were conducted at the Southwest Biomedical Research Center in San Antonio, Texas, an independent testing facility that houses more than 3,000 primates.

"The four baboons are still frolicking, a month and half later," said Robert J. Larsen, chief operating officer of Synthetic in a telephone interview from Rosarito, Mexico, just across the border from San Diego.

Added Clark: "There was absolutely no sign of any adverse reaction. We think this is a particularly important animal to deal since it is very similar to human response."



To: Mr. Forthright who wrote (2380)7/1/1998 10:38:00 PM
From: Jim B  Read Replies (4) | Respond to of 5402
 
TO ALL ONLY if you care about learning more about how MR F works or
if you simply are bored and would like a good chuckle..

YOU WILL LEARN NOTHING ABOUT SGNC VIA THIS POST..

I don't respond to these people often.. and somebody remind me to REMOVE MYSELF from my email list as I don't like people constantly responding to these goofballs. Anyway.... hugs to the bashers.. lol

Mr. F; I'll respond to you this time only to demonstrate to yourself
from me how you "twist words around and throw them in people's
faces.." as I said earlier.. then I'll NOT be posting to you for
another few weeks..so don't get too lonely without me.
--------
# 1 <<JimB, don't be so cocky. The fact that a couple dozens people answer your silly promotional posts doesn't give you credibility in the eyes on the hundreds who read the threads you write on.>>

Actually we're blessed and fortunate to have 1,915 people on our email list as of last count. And I probably have no credibility.. just don't wanna be seen as a liar or a scam artist or a pump/dumper.. cuz I don't feel I am.

#2 <<Any comments on the valuation model. I am still waiting for hard facts. Why are you not providing those much needed numbers, oh you biotech stock guru with a big $15,000 portfolio? >>

I'm no biotech guru.. I never claim to have been an expert in any
area other than computers in which I can hold my own.. I know lots
of people that don't know what a mouse is but have stock in DELL.

#3 << Could you comment on the following. I thought I would share some facts with our fellow SGNC thread participants. Did you know it takes 12 years on average for an experimental drug to go from the
laboratories to the actual approved use of the product? Did you know that only 5 in 5,000 compounds that enter preclinical testing make it to human testing? Did you know that only 1 of these 5 will get approved? Did you know that according to a 1993 report from the
Congressional Office of Technology Assessment it costs on average $359 million to develop a new drug? Did you know that it takes about 8.5 years for a drug to get approved once it enters human clinical trials?>>

oh poop.. I guess I'm selling..

#4 << Don't hype SGNC JimB you are not doing yourself a favor. What you need to do is show clearly the road ahead and how the company will perform. You need to build your credibility by demonstrating that you know the industry and telling investors about the risks and the rewards.>>

I have no knowledge other than what I've learn as I go.. sometimes I
invest in a company cuz the name rhymes with "Penguin"...
Seriously though, people ask me what I'm investing in and I tell them.
Up to them to decide "Jim is crazy.. that stock sucks.. " or "Hmmm
the DD looks good.. I think I'll invest"...

#5 <<Real investors don't want to be told that the stock will go up tomorrow because Forthright will cover his short position. They want to be educated and be put in a situation where they can understand the potential and clearly define and evaluate the risks.>>

Never said it would go up because you're covering your short position.

#6 <<SGNC will succeed or fail regardless of you. I do believe in "telling the story". It helps refinance at better terms, and we all know that biotech companies are capital hungry. But I object to your techniques and those of your colleagues. I object to you telling people not to do their homework. Don't insult people like that.>>

Yep.. I have no control over stocks, news, or companies.. Have you
ever read a TOP DOG email??? it says throughout it repeatedly to
"do your own DD"... and "do what is right for you".. I say that
stuff all the time.. don't want people buying cuz I am.. want them
doing their own DD.

#7 << As far as your suggestion that if YOU decided to do a valuation model people would take part in it, why don't we join forces and help your followers? How can you refuse to help your friends?>>

Never said that either.. I said if the others decided to do one it
would probably get a better result than you.

Hmmm... only 7 twisting of words or lies??? not bad.. probalby could
have gotten a good 10 out of your post.. but I'll leave it at that...

boy that was fun.. thanks for the laughter.. chat with ya in a couple
weeks... have to do this more often... NOT.. OH MAN.. laughing too
hard now.. I always enjoy it when you screw up Mr F... you're a funny
character... I think with you I need to repent.. as you make it
hard to "love thy neighbor"... but I'm truly trying.. what can I say.. I'm a Southern Baptist... HEY, I better not catch any of you dancing next week!

jim