contract awards in those amounts are given out without a whole lot of screening criteria other than to make sure it is a small business and it is trying to do something/anything that may have promise in the future
some would say that the govt should not even be involved, but without this seed money being scattered widely a lot of new ideas might never even surface for lack of venture capital
would not get carried away with the significance of this little award but it does show that cytosorbents knows how to work with the govt to get even small amounts of development money
This news of another grant will be treated like all the other grants. It's just temporary keep the doors open awhile longer money. SALES, meaningful, Q to Q exponential volume increases, is all that's going to move this stock.