Avid Bioservices Inc (CDMO)

[pphmtoolong]

geocappy1, I'll stop harping on slashing payrolls when Peregrine does something to restore shareholder confidence.

In my countless years as a shareholder it is increasingly clear that the only way to stop the free fall in our share value is financial results that anyone can immediately understand. For instance, reducing the burn rate to near zero. Any idea how to this without slashing the non-Avid payroll? I'm all ears.

Maybe the company is not in immediate danger, but IMO our pitifully reduced share value is. I want financially meaningful action from Tustin. Without swift action we will be at 20 cents a share before you can say "Let's wait for the next CC."

I'm panicking, because it is the only logical response to our pathetic situation - bad and getting worse, fast.

GLTA, Paul