CytoSorbents Corporation (CTSO)

[andy55q]

Proxy Statement - Notice of Shareholders Meeting
CytoSorbents Corporation

7 Deer Park Drive, Suite K
Monmouth Junction, New Jersey 08852

NOTICE OF CONSENT SOLICITATION
To the Stockholders of CytoSorbents Corporation:
Notice is hereby given that we are seeking the written consent of stockholders holding a majority of our outstanding common stock, par value $0.001 per share (the “Common Stock”) of CytoSorbents Corporation, acting by written consent in lieu of a special meeting (the “Consent”) to authorize and approve the following proposals:
1. To authorize our Board of Directors, in its discretion, to amend our Articles of Incorporation, as amended, to effect a reverse stock split of our Common Stock, with a reverse split ratio of -to-one ( :1);
2. To authorize our Board of Directors, in its discretion, to amend our Articles of Incorporation, as amended, to reduce the total number of authorized shares of Common Stock from 800,000,000 to ;
3. To authorize our Board of Directors, in its discretion, to amend our Articles of Incorporation, as amended, to reduce the total number of authorized shares of undesignated preferred stock from 100,000,000 to ;
4. To approve the form, terms and provision of the CytoSorbents Corporation 2014 Long-Term Incentive Plan; and
5. To approve the change of domicile of the Company from the State of Nevada to the State of Delaware through the merger of the Company with and into CytoSorbents Corporation, a newly-organized, wholly-owned subsidiary of the Company organized under the laws of the State of Delaware.
http://ih.advfn.com/p.php?pid=nmona&article=64154468