Sangui Shareholders Elect Directors, Authorize Capital
The Board of Directors now consists of Joachim Fleing, Hubertus Schmelzand Thomas Striepe. Over 97% of votes were cast in favor of these nominees.The amended and restated Articles of Incorporation of the company wereapproved by 71.4% of votes. The remaining proposals all obtained a majorityof above 70% and are thereby approved and ratified.
SanguiBioTech GmbH is a ninety percent subsidiary of Sangui BioTechInternational, Inc. (http://www.pinksheets.com) (SGBI)
Some of the statements contained in this news release discuss futureexpectations, contain projections of results of operation or financialcondition or state other "forward-looking" information. These statements aresubject to known and unknown risks, uncertainties, and other factors thatcould cause the actual results to differ materially from those contemplatedby the statements. The forward-looking information is based on variousfactors and is derived using numerous assumptions. Important factors that maycause actual results to differ from projections include, among many others,the ability of the Company to raise sufficient capital to meet operatingrequirements. Words such as "anticipates," "expects," "intends," "plans,""believes," "seeks," "estimates," and variations of such words and similarexpressions are intended to identify such forward-looking statements. Unlessrequired by law, the Company undertakes no obligation to update publicly anyforward-looking statements, whether as a result of new information, futureevents or otherwise.For more information please contact: Joachim Fleing Phone: +49-160-741-27-17 Fax: +49-2302-915-191 e-mail: email@example.com
SOURCE Sangui Bio Tech International Inc.
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