CytoSorbents Corporation (CTSO)

[andy55q]

Response EMAIL FROM DOCTOR CHAN regarding up-listing
Thank you very much for your email. Amy Vogel forwarded me your message. We absolutely agree with your assessment. As you are aware, we have been talking about this up-listing for some time, as a means to tip the supply-demand curve in our favor. Our goal was to do this when our story demonstrated sustainable growth with milestones in place that would not only support an up-listing, but ensure that we stay there. Our goal is to still up-list by the end of this year. That said, our last financing with institutional investors was heavily oversubscribed, and our raise was at the high end of what was allowable by our registration. We know that there is considerable institutional interest in our company, and our objective is to increase this level of interest going into an up-listing.

I hope this helps to address your comments. Thank you again for your continued shareholder support. We appreciate it.

Best,
Phillip

From Yahoo Message board-dah174174 • 21 minutes ago