dma, i was actually gonna ask you guys what you thought of the...

dma, i was actually gonna ask you guys what you thought of the interview...:)

we've kinda discussed some of the things in here but here goes.....

he predicts something like 30,000 devices per year could be sold worldwide in the future. he said that fda approval could take around 3 years (bummer cos i didn't think it'd take so long). so the 30k devices could be met after that.

no projections re capital raising in the future, he said it would depend on how well they spend what they have already on trials but i think he said he was hopeful that that wouldn't need to happen with forthcoming sales.

interviewer asked why less than half of 2.6mil revenue only came came from product sales and his answer was that they've legally only been able to sell them for about a month in europe (so really they've done very well) and all clinical trials in usa will be paid for so expect revenues to grow with more clinical trials and sales in the future..

so all in all tis a very positive report. the future burns bright for vcr.

how does it sound to you?