Not a ceiling but lifeline. Don't you find the PPS a bit suspicious?
Who is purchasing these at .10 shares to maintain the LPC agreement? Is the company knowledgeable of this activity? Is this activity at the request of the company?
2.2 million shares dumped at .10 on good news? Chan has stated he cares nothing about the PPS and it is obvious. Now with LPC deal at risk of drying up, it seems like they care enough to prop up the price.
Keep buying while it's cheap! This will be a winner in-spite of mismanagement.
You make a good point. There has been a continual stream of good news regarding the filter and its application for different indications, we're starting to hear of successful case studies, the hiring of well credentialed people . Yet the pps languishes at $0.10 pps. I see the real challenge for CTSO is that of financing. I think CTSO underestimated how much would be need - Dr. Chan said as winter that the doing study is going to take loner than what was originally expected. So the time horizon keeps getting pushed out further into the future.
Only recently has the company spoke of debt financing. Obviously sales will offset debt and equity financing but once there is a influx of cash from a partnership that will end the arrangement with LPC.