They are very conservative, which bodes well for an announcement when it is released.
They wouldn't have announced April 2013 subject to successful trials if they didn't think it was a realistic chance. What I like about the situation at the moment, is the board knows a distribution agreement is what the market is waiting for (first of many), so they would know if they don't announce it they will need to give the market a legitimate reason why it hasn't eventuated. This will mean the April quarterly should be a decent update.
Fingers crossed!
ALT Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held