Replies to post #12238 on CytoSorbents Corporation (CTSO)

[techxen]

New capacity is around $70-80M annually

Capponi stated this during the Q&A from November 2017 call:

Q: [Sean Lee] In terms of capacity, how much is the new plant going to help you?

A: [Vincent Capponi] The plant is going to be capable of taking us well through operating cash flow breakeven. Right now with the first phase, we’ll be able to do about $35-40 million worth of business out of it and then we have the ability to do some additional modifications to take us up to roughly $70-80 million in sales annually. The new plant is about 80% complete right now and we have already notified our regulatory authorities about the expansion with the goal of putting everything in place to bring the plant online in the first half of 2018.