Avid Bioservices Inc (CDMO)

[BioBS2012]

Although I am reluctant to join BOD addition discourse I am going to take a leap and propose NOW would be a good time to add 2 new members. It appears PPHM has the cash to make it to 1st look-in(and beyond?),PPHM has turned down BP offers(we think,I guess),and quite a few posters on here have thought that PPHM was NOT adding to BOD because partners would want to be involved. SO...if we are NOT partnering yet why not add 2 well-known individuals with credibility. IMO,it WILL move the PPS and receive needed attention to PPHM. JMO...thankfully everybody gets one. carpe diem PR

As someone that supports the current BoD, I will wade into this discussion.

1. All the credibility the company needs will come from whatever the NSCLC data turns up (which IMO will be very good to excellent)

2. Addition of BoD members at this point in time will maybe give it a Viagra like boost, if that. Addition of the KOL's certainly hasn't upped the share price

3. The question is what would additional BoD members contribute at this point - ability to raise money (they don't need to raise a ton of money at this point, only small amount for which they already have the vehicles - ATM & Preferred - in place

4. The Phase III is sailing along (yes even with a consultant who can't make it to CC's - one can assume he has more important things to do then blah blah on a run of the mill CC where he wouldn't have much to contribute at this stage)

I say leave the BoD as it is (for the time being - once approval is imminent and they decide t transition to a marketing company, as that time they can added more - not now) - I have a feeling CJ is going to listen to me for once