Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Gwolf who wrote (2738)	7/7/1998 7:50:00 PM
From: FatMatty	Respond to of 5402

Great work to all...I'm just thankful that this opportunity even arose for us...great way to disseminate info to the investors -- and large prospective ones as well. Matty

To: Gwolf who wrote (2738)	7/7/1998 7:51:00 PM
From: Prospector	Read Replies (1) \| Respond to of 5402

tellem about cancer targeting prospector

To: Gwolf who wrote (2738)	7/7/1998 8:16:00 PM
From: R>G>	Respond to of 5402

Great Work!! Here's my estimate of total $$ for blood substitute's. Demand for product. Current estimate is that in the world each year, there are 60 million transfusions of blood. According to the World Health Organization (WHO), if there was not the shortage of donors, refrigeration problems, typing and cross matching, availability of testing equipment, etc. there could be 120-180 million transfusions per year. I've heard that the average transfusion takes about 2 pints. So if you take 60 million transfusions worldwide X 2 (average pints/transfusion) you have 120 million pints. Multiply that by $300.00 and you have 36 billion dollars. Looks like 20 billion is conservative. Now if you take the World Health Organization figures of 120-180 million transfusions that could be done a year. Let's say an average of 150 million. Times that by 2 (average pints/transfusion)=300 million. Times that by $300.00 and you get 90 billion dollars. So depending on which figures you prefer, actual (60 million transfusions/year) or the potential (120-180 million transfusions/year) it is a large market. That is one of the reasons that I bought SGNC. These are my opinions and figures. Welcome any comments. Hope this helps PS Your making me look bad. I just posted it tuck me 10 hours to make one report, and you do yours in 30 minutes. Awesome I will update (Most Important Messages) tomorrow for our new friends. R>G>