Avid Bioservices Inc (CDMO)

[biopharm]

Great post to make some understand that registered letters must be sent to Peregrine, SEC and Nasdaq to close this loophole or at least make damn sure all BOD can't say they were not aware of such a thing. CP, I also have been thinking what exactly would be in sealed SEC documents ...one being future royalties / payments made to UTSWM / Texas Board of Regents and since we know already we are not privy to the exact terms non-disclosed... is it possible that Authorized Shares could be part of future payments made to Texas Board of Regents or any other party?? and IF there were a RS and those authorized shares were not also split...then we could have another party having a big advantage in extra shares and voting ? I was trying to make sure all loopholes are closed in this registered letter ...