Member Info for TC101

Good point!

Suspects this wont get approved today! 2013 it is....however if you have read my last posts, i'm very pessimistic this wont get approved until 2014 or even and painfully wont get approved at all! This dog with fleas needs to be put down!

I put my money on that this doesnt get approved in 2012. Then they said Q1 2013. Now it could be H1 2013! This is utter rubbish!!! I bet they release a RNS in H1 2013 to say approval could be in H2 2013...or even worse 2014! Lets face it......this isnt going to get approved. Sell!

http://www.4-traders.com/LOMBARD-MEDICAL-TECHNOLOG-4005711/news/Lombard-Medical-Technologies-PLC-Extension-of-Long-Stop-Date-for-Second-Tranche-15660090/

Its been a long road to get us to this stage and the approval has been pushed back so many times! Often think the FDA hinders innovation with this lenghty but understandable process. However if FDA does not approve this by the end of this month, a: LMT will have to find more investment and b: this share price will go down signicantly in my humble opinion. LMT have elluded in their RNS' that approval may be pushed back to Q1........this is not good and confidence will be at an all time low with people who have invested in this at the start. The consolidation of shares they did, screwed a lot of us over as the earning potential is far less appealing particulary when a number of us bought in when the shares where a penny! I do find LMT do not update there shareholders on a regular basis, but to release a RNS, that cost money so can understand that, but surely they should say something now as FDA approval is expected in 2012 and there are only a couple of weeks left! Fingers crossed because this sp will see in my opinion significant activity....i.e. if fda approves great, people may invest. If approval gets push back.......investors will more than likely hold, or more than likely sell! Let have some good news to end the year on LMT......many investors you screwed over with consolidation deserve to be rewarded for their patience!!

Just read on FDA website about this manufacturing audit process (they have a self check list on there site). Well after reading the audit checklist, if LMT are keeping the manufacturing plant clean and cockroaches are not crawling around.......i think they will have passed the audit. You would hope that a medical device of this nature wouldnt be built in a mechanics yard!!

I wonder how the FDA audit on :LMT went. From there RNS, FDA were visiting LMT in late October. Surely FDA have made a decision now.

I can sees this sp going up and down now with people profit taking and who have bought in a £1.10. No leak has occurred but if the FDA are going to LMT for an Audit this month.......it cant be too long now.

For those long enough to remember, we have been in this position before and the sp has increased when the rumours start flying around. FDA approval was meant to happen in Q1, then it got delayed......then another delay and now approval might be be until Q1 2013!! The only upshot is that the FDA are going to visit LMT this month to do an audit on there manaufactering....lets hope LMT impress the FDA representative!

The decision for this product seems to be expected but never delivered! More questions from the FDA and if approval is received it maybe in 2013! Expectations set but....delays! Im sure many people who have bought into this would agree with that! This process has taken years!

FDA approval will i'm sure give this sp a small bump up. The biggest market for this device is the USA so hoping that they can generate the sales they expect. If this gets approved is the USA, then Japan is next but they are waiting on the outcome from the FDA as well. The FDA process is probably the most rigourous application process in the world and any medical device that gets their seal of approval will open to other place i.e. China, India etc. Fingers crossed as im starting to lose my paticence with this company, and i suspect many others are.

If FDA approval is not reached this year, i agree.....a lot of people will jump ship! They only have enough funding for this year so if approval is not completed then its back to the drawing board and LMT will need to find another investor or potentially do another rights issue! But with the track record so far on this......who would invest? I honestly dont think we will see too big of a sp move if approval is granted. They need to sell the product in the USA so will need to give it at least six months or there interim statement next year to see exactly how its performing. Personally i wouldnt mind knowing exaclty what market share they expect to achieve with this product. At the moment LMT is a one trick pony!

Screw it, ive just given them a call! Apparenty its the live feed they get from whoever it is! However just going to dig a little bit deeper just to make sure. From my calculations and reading the FDA approval process, when LMT responded back with more evidence as requested back in Q2/3, technically we should hear about approval at the end of the month as i believe the FDA have 90 odd days to respond back!

Last trade on here shows trade price as 52p.....thats surely isnt right is it? Checked google finance and it has tht price but yahoo and other don't! Any ideas or is this just a technical issue?

TC101 commenting on the results. - Dont really care about the interim results.........i think everyone who have purchased shares in this company are just waiting for the FDA approval which has been pushed back so many times. Q4 2012 is there last chance and if they dont get approval, who would want to invest in a company who has been seeking approval since mid 2000! It will be back to the drawinf board!

http://www.youtube.com/watch?v=0VoNMAknf0c

Beware of Greeks bearing gifts....they are smegheads! If they decide to leave the euro, i hope that the creditors who gave them a 70% write down of their debt tell them wher to go and ask for ALL of there money back! This will obviously put them back in the dark ages but you know what, i starting not to care! As for our 'friends' across the channel i hope they see sense and decide that auserity needs to happen for a couple of years so compaines individuals pay off thir debts. This will be the lost decade for the economy!

Yet another delay.....FDA approval is expected in Q4 2012 rather than Q3. The FDA have more questions therefore LMT have 100 days to get back to them with their answers and this will have a knock on affect to the overall approval if that ever happens. If it doesnt get approved this year....they wont have any money left so squeaky bum time!!!

Well it seems that everyone is selling! Lets see how long this continues for!

I shall wait to see what the annual results for 2011 achieved when they come out at the end of this month. After that, will keep this on the back burner to the back end of Q3. Either way, im sure the FDA will ask more questions...they always do! Sometimes i wonder if they hinder innovation!