Drees Thomas C 4
4 · SANGUINE CORP · Filed Oct 20, 2004
Insider Transaction Report
Form 4
SANGUINE CORPSGNC
Drees Thomas C
DirectorPresident, CEO10% Owner
Transactions
- Other
Common Stock
2004-09-29+31,604,000→ 31,819,000 total
Holdings
- 8,589,133(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Dr. Drees agreed to compromise and settle the following debts of the Issuer in exchange for the issuance of 31,604,000 shares of "restricted securities": $155,277 reflected on the June 30, 2004, unaudited balance sheet of the Issuer as a "related party payable"; and $1,108,883 reflected on the June 30, 2004, unaudited balance sheet of the Issuer as "Notes payable related party."