Kevin Douglas changes stake to active at EnteroMedics ($ETRM)
Kevin Douglas owns 14.2% of the $100mm market cap medical device company. He's owned shares for over half a decade, but recently decided to go active, here's why:
The Filers acquired their shares of Common Stock for investment purposes because
they believed the Common Stock represented an attractive investment. However, they may at any time and from time to time determine to seek to contact the Issuer regarding means of increasing stockholder value.
Prior to the date hereof, the Filers had on file with the Securities and Exchange Commission a Schedule 13G with respect to their beneficial ownership of Common Stock, initially filed with the SEC on December 17, 2010. The Filers are filing this Schedule 13D in order to remove any possible impediment to contacting the Issuer regarding means of increasing stockholder value.