CytoSorbents Corporation (CTSO)

[snow]

Paulness

I know Cytosorbents quite well. I have been in and out of this stock for several years. I held a six-digit number of shares as late as earlier this year. I may buy back shares later if sales start growing what I consider fast. For a company with pretty symbolic revenues 20 % growth quarter over quarter is not fast in my book.

I know of course that gross profits are being made. The gross profit margin as about 60 % if I remember correctly. But since revenues are so low there will be a loss for quite a long time to come since growth is so slow since costs dwarf revenues.