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Cardica Inc. Message Board

  • clearstone72 clearstone72 Apr 9, 2013 1:07 PM Flag

    Sutter Hill Ventures 13D Filing

    Not sure if I read the SEC filing completely correct (please chime in with your informed insights, folks)... it looks like Sutter Hill picked up a good chunk of ownership in the recent stock offering. They now own nearly 8% of the co. and protecting against dilution. I think this is good sign - these guys are smart and have connections to make M&A happen. On the other hand, not happy about the continuing dilution - hard to figure out what this thing will ultimately be worth in the end game.

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