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Cytosorbents Corporation Message Board

  • meifud meifud Sep 4, 2013 5:06 PM Flag

    let's be very, very clear -- revenues down over 50% in last nine months

    from CTSO's own quarterly filings with the SEC...

    09/30/12 $605k
    12/31/12 604k
    03/31/13 371k
    06/30/13 291k
    09/30/13 ???

    of course, there are those who would rather highlight that fy 2012 revenues were up over 3,500% from fy 2011 but, somehow, that doesn't seem to matter much now that revenues have been plummeting
    we don't like highlighting these numbers but believe it necessary as a result of the very misleading, deceptive posts being put out by a handful of pompom pumping penny stock traders on this board

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    • and filter sales dropped last quarter, not just revenues
      so the question is -- why does cap'n jerry keep trying to mislead with meaningless year-over-year percentage comparisons? why is he trying to divert attention from what is really happening? why does he never even try to explain how filter sales can be falling when they ought to be doubling and tripling quarter after quarter after quarter?

    • 9/30/12$ 605K How much of that number was grants and not product sales? Did grant revenue fall or did product sales fall?

      We've been through this before, haven't we? You insist on pretending the numbers mean something else.

      BTW, would you want the ER doctors to use the Cytosorb filter if you were on the edge of death due to sepsis?

      • 1 Reply to z3peru
      • how much of the most recent $371k and $291k was grants versus product sales? and why are you using the same tactics as the company to pretend the numbers mean something else?
        that was despicable of them to go to such lengths comparing year over year numbers while just lightly touching on the sequential quarterly numbers which many have expected to start doubling and tripling quarter after quarter going all the way back to chan's remarks when the ce mark was announced?
        do you pompom pumpers really think there is something to be gained through this sort of deception? the company created the red lines that are now proving to be so disappointing. stop giving them a pass. the studies are way, way behind schedule, and the sales effort should not even have begun until the studies were done.

    • we are dismayed that the company chose to highlight YOY numbers in the cc, and to present them with such detailed percentages as if they wanted us to extrapolate and carry away some image of some non-existent upward trajectory in revenues

      fact is they were cherry picking the numbers and presenting knowingly meaningless comparisons
      they should have been addressing the quarterly deterioration in revenues in detail
      specifically, they should have provided, by quarter:
      -- the break down of filter sales by in house sales staff versus distributors
      -- how many of those sales were re-orders
      -- how many unique buyers were there
      -- how many filters were given away

      • 2 Replies to meifud
      • "we" ? Are you now speaking for more than just you or is there a mouse in your pocket? Heh,heh.
        Also, just wondering how you assess your repetitive and redundant postsings? Helping the company? Helping share price? There must be a reason. This must be the tenth time you have "explained" the revenue numbers. We (I AM speaking for more than just me) get it. Starting to fear for your mental state. Not considering going "postal" or anything are you?!

      • they also should have been upfront in saying that these were not the sales numbers they were expecting at this point in the rollout, that they really thought there had been more interest expressed at the various conferences and trade shows, and that they now realize how crucial the studies are to future sales

 
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