CytoSorbents Corporation (CTSO)

[techxen]

Thanks Ping for these insights. The signs do point this direction.

As the adage goes: startups raise money to gain traction, scale-ups raise capital to seize opportunity - raise money when you can and not wait until you need to.

I would rather see some overhang on the stock at these higher levels now as a result of using the ATM, if it gives the company more breathing room over the long haul and be able to take advantage of opportunities as they continue to grow. The Hemodefend trial however is still a head scratcher for me as to how they would fund this without a partner and an additional raise down the road.