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You are wrong.
Time to cover.
Now you have been warned.
No article from the past is relevant right now.
Share price is .32
It's just that simple.
Be careful to not confuse the EUA for the test kit with the antibody leg.
I am waiting for the EUA for the test kit but do not know the exact day they applied. Also I doubt anybody is jumping forward on the list. Its my understanding that when your file comes in they assign it to a certain group. When our file is next on their list it gets evaluated. This unfortunately can take weeks. If there are any questions the FDA will request amplification. To the best of my knowledge there is no list on the FDA site that shows all the applications...could be thousands or could be they are almost finished with the stack of files. Some days there are no authorizations and others there are three or four so..... We sit and wait.
They update daily with the EUA's they authorized from the day before. The time it gets posted varies from early in the day to as late as 10pm et.
My guess is someone will post it within 15 min. of hitting the list.
Don't change that channel, stay tuned.
"While CytoSorb demand is likely to remain strong in the second quarter, we think the demand would likely weaken, extending through the rest of 2020, as the pandemic subsides resulting in lower revenues during this time. However, if there is a second and third resurgence from this virus, we could witness demand shooting up again for CytoSorb."
When was this statement made? If I remember it was a few weeks ago when we started to bend down. We are in the last week bending UP. Glad to see they have expansion at least on the table.
That was a good call on the first expansion agreed.
The scale tips in your direction.
Do you remember if it was before or after the new Cytosorb facility?
I remember reading the same 10k but not when. I inferred from the 10k it had to do with the physical manufacturing with one aspect having a glitch.
So you could be correct or I could or we both could or more likely we are both wrong..... : >(
:}
I'm not familiar with what the tooling issue was but they should have arrived at a solution by now. So hopefully we will hear something in the next Q with regards to where that stands. My assumption is there will be a large demand world wide for the product so every inch of manufacturing space will be needed for production of Hemodefend.
They were backordered at the end of Q1. Techxen feels the backlog will be larger at the end of Q2. With Covid expanding (soon exponentially) there will be a tremendous need. We are in a much better space with regards to awareness of what the cartridge can do so logically I agree with Techxen.
I actually think we are late to the station in terms of production right now. As a very small business owner I know you have to be very careful where you spend money you don't have.
Time to double down on those masks and distancing.
The proverbial excrement is going to hit the ventilating system. Wouldn't you rather be wearing a mask when it does?
Stay safe and healthy...to all!
If that is the case then we/CTSO should be looking for a "Scalable Expansion" project manager.
The question is: how long would it take to get iso cert and begin production? ie. Concept to pallet.
It would appear to me to be more a matter of not if but when.
Then again, I know nothing, maybe less.
:}
I have great empathy for your frustration.
If you're trying to flip this good luck. Not easy to predict. Up and down with NO news. Up and down WITH news.
I thought we were off with the first $15.00. I also thought it was off with the second $15.00.
Third times the charm? Let's hope. We are in a much better position to shoot past $15.00 on the next run.
I think.
I think it will quadruple!
So OK not triple now quadruple.
Both.
Nothing posted on FDA EUA site ........yet.
https://www.fda.gov/emergency-preparedness-and-response/mcm-legal-regulatory-and-policy-framework/emergency-use-authorization#covidinvitrodev
I know that if it opens at or above what its at right now my bottom line will be greener....much greener.
:}
Beach huh?
I am not interested in buying any so it doesn't matter.
MSBT and beyond.......
You are correct sir!
FWIW
Fidelity shows: 0 bid, 0 ask
:{
It was a typo.
The decimal point was meant to be three places to the right.
Would you be surprised if it come off grey market first?
I concur.
At this rate by noon, maybe .37-.40 by EOD.
Bingo!
0.30 by the EOD?
We just turned left on to the road to .26!
.26 by 11
Wow! Where did KB find a house for under 1,000,000 in California?
Must be a good businessman.
Does anyone know if you are allowed to use the internet or be a member of a message board if you are in prison?
Just curious.
You could try calling KB and ask him yourself?
Exactly what I was thimkin'.
0.21!
DECN
0.20!
DECN
On a positive note I think we have hit bottom and are sliding lateral now.
What this needs is hope. We have no reason to have any... none. There is no news on what is happening now. No news on what to expect. No news in general.
I'm reminded of the stall wall poetry:
He I sit
broken hearted,
Came to make a bit of money
But only farted!
Thats why it stinks around here.
GRNH is only farting..............
So we wait and read........
:}
After hours:
$4.84 Up 0.225
Next week should be verrrrrrrrry interesting but not to funny for the shorts.
Tells me KB is much smarter than some people think.
And NO recommendations.
And he did it all by him self!
Wine making: The hobby that keeps giving back with every cork.
Chardonnay vineyard in back yard.
Small 1,200 case winery.
Small hobby went out of control...What could I do?
It took on a life of its own.
Some stocks are like wine, They just get better with age.
Typically 2-3 weeks. We have/had to get in line.
What we don't know might be more relevant. We don't know what date it was submitted.
They say they have submitted the test results so that would indicate to me that they are at least a week or two in so.......hopefully soon.
The test kit is just frosting on the cake imo.
Here is where you will find the approval.
https://www.fda.gov/medical-devices/emergency-situations-medical-devices/emergency-use-authorizations#covid19ivd
Some of your DD is not relevant.
Did I miss the response on this from the exchange?
Have we heard anything from the company on this?
Makes sense to me to start working on it after just one day.
That is what they do....find solutions to viruses. They just added one more to their long list of viruses they are working on.
I think its great that they are that on top of what is going on in the world.
Thanks for pointing out that they are tuned in.
Ya right.
You're funny.
Don't quit your day job.
Then just sit on them and not post negative things that might drive the price down. Don't look at it for one month. then come back and see where you are. or buy the dips like just happened.