Replies to post #184071 on Biotech Values

[DewDiligence]

CRDC—So, Broadfin Capital won 3 seats on an 8-seat BoD… how does that give them control?

http://finance.yahoo.com/news/cardica-releases-letter-stockholders-130000809.html

Cardica has ceased all efforts to contest the election of Broadfin's director nominees to the Board to allow management and the Board to preserve its time and resources to focus on Cardica's products and business.

No spin—just the facts, LOL.