change of directors interest out, page-8

BTT won't complete recruitment until the end of the year. Then there's a 6 month wait, the observation period. Then VCR needs to write up the reports and make the application.

After this, the FDA needs to ponder the case, so IMO we won't see the BTT approval from the FDA until 2010. This was made explicit in recent announcements also.

2010 - That's still a looong way off. How many more capital raisings will they require to pay Peter Crosby's salary??