The CEO of Tornado Medical Systems is offering up an explanation for the company's sudden closure this week. Stefan Larson says the medical imaging company was simply running out of money for a project it was conducting and doesn't rule out opening its city offices again in the future. Meanwhile, The CEO of the City's Economic Development Commission calls talks with Tornado Medical Systems forthright, frank and honest. Steve Demmings says they haven't given up hope that the company will be able to rebound. Demmings, the City and Larson all spoke this morning about the cuts to local staff.