Thursday, January 27, 2022 1:32:16 AM
1) Duffy founded White Eagle Int’l Technologies (WEIT) which acquired 10 Russian technologies.
2) When WEIT decided to actively pursue one of the technologies — redirecting an AgriTech application to a life-saving BioTech application) — Duffy spun-off a new entity called RenalTech.
3) After years of development, RenalTech was sold to Al Kraus (with Howard Miller — WEIT's financial backer — as the key contact person) as part of a reverse merger that resulted in CytoSorbents Corp. (CTSO) being uplisted.
PS: A few weeks ago, your own research convinced you that RenalTech had, in fact, evolved into CTSO — so it was only recently (not 8 months ago) that the focus shifted to proving the Duffy/RenalTech relationship.
Duffy has been too busy working on major deals for XERI to rummage through tons of boxes in his attic looking for relevant paperwork on WEIT and its RenalTech spin-off -- but he fully intends to do so.
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