Avid Bioservices Inc (CDMO)

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The reason I was trying to make his clear was because there are bashers who make it sound like we are being diluted to death.

I am not sure how one defines "being diluted to death".. but here are the numbers.

Over 63 months since the reverse 1:5 reverse split, the average additional shares each month has been 2.27 Million New Shares, for a grand total of 139,182,046 Million Shares over 5 years. The dilution has definitely slowed down due to the Preferred but one must count those towards the total share count.

I am pretty sure that the new outstanding share count will be around 195 Million Shares. This count is getting close to the 237 Million shares which existed prior to the Reverse Split.

 
 August 28, 2009, there were 237,114,389 shares 
  
 Oct 19, 2009: 1:5 Reverse Split 
  
 December 1, 2009, there were 49,150,826 shares 
 March 1, 2010, there were 51,445,960 shares 
 August 31, 2010, there were 56,190,285 shares 
 November 30, 2010, there were 63,932,353 shares 
 February 28, 2011, there were 67,885,811 shares 
 September 8, 2011, there were 79,536,268 shares 
 December 9, 2011, there were 86,788,817 shares 
 February 29, 2012, there were 98,873,172 shares 
 September 7, 2012, there were 104,191,176 shares 
 December 7, 2012, there were 132,539,783 shares 
 March 11, 2013, there were 137,110,758 shares 
 September 5, 2013, there were 156,461,114 shares 
 December 6, 2013, there were 160,325,891 shares 
 March 3, 2014, there were 176,481,054 shares 
 September 5, 2014, there were 179,505,424 shares 
 December 5, 2014, there were 182,081,234 shares 
 March 6, 2015, there were 188,332,872 shares