company predictions

Thought in the midst of all this banter I'd have a look back over past company predictions and see how accurate or inaccurate they were.

20/12/2012
Predicted:
Q1-2 2011 for conducting EU trial - Correct even though delayed a bit by weather - results published 14/7/11
Q3-4 2011 for EU approval for sale - Woefully out on that one.

30/9/2011
Predicted:
- Commercialisation announcement in November 2011. Actual announcement was 28/11/2011 so spot on with that.
- Sales to start in Q2 2012. Obviously missed but unknown by how much
- Full trial report in Oct 2011. Not quite - 11/11/2011
- FDA classification in Oct 2011. Missed by a day - 1/11/2011
- FDA trial recruitment Dec 2011. Well that didn't happen. Can't remember why or if there has been an announcement.

28/11/2011
Predicted:
- Q1 2012 FDA trial start. As above
- Q2 2012 Sales to start. As above

2/12/2011
Predicted:
- Q2 2012 SAles. As above.

8/2/2012
Predicted:
- Early June 2012 SAles. As above.

27/3/2012
- End of May CE Mark approval. Didn't happen. Linked to sales.
- End of June 2012 SAles. As above.

Hope this is a balanced view. I'm sure I'll be corrected if not.

It does occur to me though that a timeframe of about 1 year from final trial to commercialisation to approval to sales seems to be pretty good work.

Yes, I know some are frustrated and if your financial future is riding on a speedy result then I feel for you. I certainly don't mean to disregard your anxiety.

Rev