CytoSorbents Corporation (CTSO)

[caesare74]

Paulness,

Good remark on XON. See, once CTSO gets the EDP passed thru (guess by Aug./Sept)and finally the FDA approval some times later, CTSO will reach similar levels as XON.

As we all know, at the moment, CTSO is struggeling to apply for the EDP. There is some unexpected delay. I assume because of the leave of Dr. Russo. Russo left after 4 months only (he came from Bristol Meyers) and is now with Pfizer since some days/weeks. See his profile on LinkedIn. On the recent shareholde report dd. April 15,2015, Dr. Russo was still on board. Looking-up on the updated CTSO webpage, Dr. Russo's name is missing. The position is not yet replaced. We don't who is in charge of Dr. Russo at the moment.

Unfortunately, CTSO missed to publish the 8-K notification as required by the Sec. I sent an eMail today to Dr. Chan asking him for clarification.