Excellent market update. This is something that should have been...

Excellent market update.

This is something that should have been released on regular basis long ago. VCR management must have either learnt a lesson or need to shor-up some support to keep the sp up!!!! In either case an excellent market update.

I like that fact that they are putting stakes in the ground with respect to some of milestones. eg.
1) 20 centres in the US trained by the end of 2007.
2) 270 implants by the end of FY2008.
3) Clarifying the 2 future product lines. Don't know why this is not clear. It was plainly stated in the AGM presentation;
a) LVAD4
b) TETS - smaller battery and controller that are fully implantable.
4) Love the fact that they will include LVAD4 in the US trials!!...That would be a plus.

Not happy with;
1) "we continue to monitor our cash position"....LOL...what the hell does that mean??
2) Whatever happened to include the implants of the preliminary trials as part of the overall implants for BTT?? Last we heard was a posting from Savtin1 regarding a conversation with a VCR official that they are working on it???

Good luck to us all.