Replies to post #6780 on CytoSorbents Corporation (CTSO)

[BuyMyAsk]

No, no, no, no, NO!

That is a POOR EXCUSE. The sales people were FIRED! This is typical CEO SPEAK. They fluff everything up and try to make it as jolly as possible. This is what all companies do. You have to see through this though.

Hospitals DID NOT REORDER the product like they did in the past. That is why sales are flat. They are offsetting lost revenue in hospital re-orders with new business revenue. Net net it is a wash.

Also do the math on the EURO/USD movement in Q4 2014 and Q1 2015 and you will laugh at his comments. Sales were expected to be $1.5M+.... They came in at $871K... Didnt know the FX markets were that volatile...