$20 - $40 ??? That's it???
The first Q reporting, which is Q4 wasn't bad. ctso sales were higher with each month of this Q except the last month which was due to the "direct sales" being halted. That's all. I'm looking for more money right now and I'm ashamed to say it, but I hope the PPS stays where it is until I can find more money. Because Fresenius and other distributors are coming on line. Which means the sales will be in the millions more. The clock is ticking for me as I look for more money.
dtic, you're not alone. I didn't sell any also and wish I had. But luckily we have nothing to worry about. Like you said, Fresenius is coming, and also coming, as Dr. Chan stated in the conference, other distributors that also have not begun. All of this only means there's a 4-6 months delay. The filter is working, the demand is growing based on the Q over Q sales. The Q sales grew every quarter except the last when the sales people were in transition causing the "direct" sales to stop. Everything is still good. Things will be on track and bigger 2nd half of the year.
I agree palmer199. Its just a 4-6 months delay. Though I have no more money to put in. I can't find another dollar
New Distributors are on line and sales will be counted in "THIS CURRENT Q" . Like I said, all of you selling, be prepared for the worst moment of your life.
When Dr. Chan announces Fresenius is now on line with its sales and then describes its EXTENSIVE network, and how the filter will be distributed to its over one hundred hospitals and thousands of sales clients throughout the world and its estimate sales numbers for the next Q report, all of you selling will be crying tears. I'm telling you this because I've been there. I owned a stock years ago that I sold because of fear and then one month later "NEWS" came out and the stock flew to the stars and I lost my chance to be rich. You usually only get only one chance in life for something like this. I got lucky, this (CTSO) is my second and last chance and I'm not gonna let the loss happen again. The Fresenius news is a "FACT". Dr. Chan said himself that Fresenius and other distributors are "COMING ON LINE" in the second half of this year. Which could be 3 months from now. Those selling, be prepared for the worse mistake of your life. I've been there
I'm shocked just like all of you. But the panic is just out of hand here. We did hear some good news. Dr. Chan said Fresenius and other distributors are going to be active in the 2nd half of this yr. Does anyone here really believe that Fresenius, who will put all of their power behind the distribution and sales of this filter, will be anything but gang buster? Think about that. You think FRESENIUS's sales will be disappointing? You gotta be kidding. Just buy all you can right now and in a few months it will be reported that sales from Fresenius (alone) , through its extensive network and sales team has contributed ? million sales to this quarter. And that's not even counting what will come from the other distributors and new sales team. My money disappeared just like yours did, and I'm #$%$. But look what's coming. How can it fail? It can't. Just buy all you can knowing this is coming.
_lovvenstein, I gotta admit, the restructuring of the sales team "fluke" came out of nowhere. I don't know what to make of someone happy about this stock taking a hit, but oh well. All I can do now and wait to see what happens in the next few days.
Well, that shocked me. Who saw the restructuring of the sales team coming? That is a fluke and a half. Well, lets see what happens.
Revenue from product sales was approximately $3,135,000 for the year ended December 31, 2014, as compared to approximately $822,000 in the year ended December 31, 2013, an increase of 281%. This increase was largely driven by efforts of our direct sales force and the continued expansion of our distributor network. Product gross margins were approximately 63% for the year ended December 31, 2014, as compared to approximately 61% for the year ended December 31, 2013.
Good news coming. Not to worry
Those are the numbers that will send this skyward. Q4 will be nice, (or who knows, could be very big), but there is a possibility large sales driven by our distributors may not have started until late December. And therefor only a portion of those sales will be included in the Q4. That's why the Q4 numbers are of little interest to me .But the Q1 will have it all. Q1 is what I am solely interested in. And the exciting part about it is, those high numbers of Cytosorb sales, that will send the stock flying, will be "officially announced" , with its "exact" numbers, in only a month and 1/2. Its the "expected" sales of Q1, that hopefully Dr. Chan will announce, that is the important numbers...(At least for me)
The only post I've ever deleted was one from last week when I saw about 8 people arguing on and on. You're just a little mad boy who obviously had terrible parents for you to grow up accept the job have. Obviously bad parenting.
I'd advise everyone to be all in before the Q4 Tuesday. Because that is gonna be the lighting of the fuse. My guess is Dr. Chan and company are gonna give us some very nice numbers and some very exciting news. But the biggest news is gonna be what they tell us is coming in the Q1, and "MAYBE" also Q2. I'm guessing they will tell us that Fresenius and others are currently and aggressively, moving Cytosorb throughout their networks because of the positive, life changing and DEMAND of the filters. I'm guessing, as we all are, they will tell us based on the current pace of shipments, sales for the Q1 will be (use your imagination here). And I hope and believe they will also tell us what the possibilities will be for Q2. Imagine where the pps will go to wed. "IF", they tell us Q2 is on pace to be 7 million. Nobody knows what's gonna happen tues., including me, but that's my guess. Like I've said a hundred times. Its not the Q4 I'm waiting for, it's the Q1 coming in a month 1/2. And that's the numbers I will be waiting to hear about tues. I can't wait.
That would be even better basher. That means we will get the actual HUGE Q1 numbers Tuesday. Sounds good to me