Replies to post #5580 on CytoSorbents Corporation (CTSO)

[ping_pow_princess]

Sabai,

From the Aug 12 transcript regarding up-listing:
"Management remains committed to up-listing to a major national exchange before the end of 2014 because of the many advantages it brings."

From the same transcript these will happen before the uplisting (see below). One of them is a new partnership. I expect that the company will announce an expanded partnership with Biocon before the year is out too.

"It is also important for shareholders to remember that we have repeatedly stated that we will execute the up-listing when the Company is ready and when we are experiencing major operational momentum—such as continued growth in sales, a new strategic partnership, advances in our U.S. Pivotal trial, to name a few—and that is the principal that continues to guide us overall in the up-listing process."

[BuyMyAsk]

SABAI - I appreciate that post. It is good that you took over half od your position off the table recently and profited. Hopefully those shares were from the mid teens. I reduced our position from 6.8M to 1.1M. The last few trading days have been great with volume luckily. This should settle back down and bounce at $.20 if no new comes out.

Also you are talking about months away when in reality it could be a year or more. Trust me. Ive been here for 5 years and we still dont have a solid clinical trial. Do not let the pumped up articles fool ya about company progress.