Avid Bioservices Inc (CDMO)

[geocappy1]

Paul

As a SH we are entitled to the information that is deemed materially important. That is it. If we want more than that we have the right to sell our shares and move on.

Having said that, IMO the company has told us they have dosed patients and they are on track to meet the two year complete enrollment period. In my exchange with IR they have indicated they will do what is mandatory and normal for the industry and could possibly include similar percentage milestones as seen in the other examples ONCE THE MILESTONES ARE REACHED.

For some reason (maybe Fargo or lawsuit, etc) they and most of the industry finds it wise to keep the specifics of these trial enrollment numbers under wraps except for the milestone statement and percentages mentioned above.

My guess is they are fairly intelligent people also and for someone think otherwise would indicate some attributes other than intelligence. According to them, they are doing what they feel is best for the company and the SH.

I guess we can accept that or move on. I was also told the ASM is a wonderful place to voice your concerns.