CytoSorbents Corporation (CTSO)

[orangecat]

Bridge Back Success fee.

One of the triggers of the success fee is the stock trading over $8 for 5 days. They are also securing additional funding with the ATM sales. With these two factors in play, excluding a blast off and exponential rise in share price, isn't it in the companies best interest to keep the share prices as close to, but below, $8 as possible? If they trigger the success fee they will be on the hook to pay or dilute by $637K.

Speaking of the $8 share price. All those thousands of Feb $7.5 calls will also not make most of the buyers any money unless the prices is a bit over $8.