CytoSorbents Corporation (CTSO)

[biotech48]

They could actually be break even in 6 months instead of a year. Also, from Bridge Banks comments, it appears that it would not be a problem to borrow more money. I Feel sure that there will be an announcement to that effect before long, a letter of credit. "We have been working with CytoSorbents for over a year now and have been pleased with their performance and progress over that time. We believe they possess a truly innovative technology in the life sciences space which could transform critical care medicine and cardiac surgery and save lives throughout the world," said Mr. Justin McDonie, Senior Vice President and Managing Director for Bridge Bank. "We are pleased to provide this additional capital to support CytoSorbents' growth at this important juncture in their evolution."