Avid Bioservices Inc (CDMO)

[Protector]

corporal, now we are getting somewhere.

1) You did again not provide a PPHM or official (such as SEC) document but a posters document on this board. But it is authentic, because now that you gave me a reference here is the original on the PPHM web-site in 2007 Peregrine Pharmaceuticals Enters Into Development Collaboration with Dios Therapeutics

Where was this PR in your first post on the subject?

2) Here this includes PPHM summary of the events of Q1 & Q2 of 2007 (period in which they would have issued a PR related to DIOS).
PEREGRINE PHARMACEUTICALS REPORTS FINANCIAL RESULTS FOR FISCAL YEAR 2007. Notice how this SEC listing only dates from "TUSTIN, Calif., July 11, 2007" or 1 month and 11 days after May 31th 2007.

You would think it would be in the MAY 2007 lists, given the numbers glued on that deal. But it isn't.

And here is the EDGAR listing of that period. Hmmm, PPHMs PR about Dios is not in that list either.

And this is the name of the IR that issued the DIOS PR:

Contacts:
GendeLLindheim BioCom Partners
Investors
[e-mail]
[phone]

Media
Barbara Lindheim
[phone]

So now we can possible making SOME conclusion on all this DIOS stuff.

1) We have a PR about a DIOS deal FROM PPHM and on PPHM's web-site.
2) We have NO mention on the deal in the FY2007 a month later
3) We have no SEC listing of the PR
4) We have seen NO revenue of DIOS in the quarterlies


So PPHM entered a deal with DIOS and the deal disappeared completely as if it never existed EXCEPT it was written about on MAY 1st 2007 - month before the PR of PPHM, and mentioned once by Reuters 1 min after PPHM issued the PR.

And so we conclude this must have been a hoax, a scam, a sham and that there is NO explanation why this happened.

At the most this gave an artificial kick to the PPS on MAY 31th 2007 because without that PR there would not have been that peek above 1.40$ to close at 1.39$ So As I already conceded in previous posts on the topic we can KEEP saying that PPHM timed its PRs well and that they were aiming to enter the Russel 2000 thanks to them. And that would have been good for them and share holders but it didn't work.

So the irregularity here would be that the PR wasn't SEC listed (as it should be). And we know the deal was CONDITIONAL upon DIOS providing that anti-body information and if THEY never did then PPHM could never produce and the contract didn't activate as the terms learn us and PPHM couldn't generate value out of it for the shareholders.

But I still see no hoax, scam, sham or so.