Ping, very impressiv, great job! Reading thru your notes, CTSO is on the right track. The big picture didn't change. That's why, I'm still positive on the company.
There is one point of key interest: who long can the cash burn last until they need fresh money? What I remember to have seen on a CTSO presentation, it's something like Q1-2016.
Fresh money can come from an increase of the stock. And/or a cash injection is coming from a big partner, like Bristol-Myers Squibb (where Dr. Rosini is coming from).
CTSO won't get bankrupt in view of the great product, the tremedous market potential and the progress made. We all know, it takes time. The key question here is about the time when the filter becomes a standard product in the hospitals worldwide.
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