Avid Bioservices Inc (CDMO)

[Dragon Lady]

Quote, "Sell the Gap. It will fill. Only thing that is going to permanently move the SP is a partnership involving $."

Yepper...spot on correct IMO.

Meanwhile..back at the ranch....the REVERSE SPLIT PAPERWORK is likely getting double and triple checked for the 1-for-7, REVERSE SPLIT NUMBER THREE in the 30 year history of failures and busts known as PPHM.

The ole REVERSE SPLIT PROXY passed w/ an easy 2 to 1 margin 2 weeks ago- it's in like Flint. In the on-deck circle; all they gotta do is give the word and it's SPLIT THE SHARES TIME.

https://www.sec.gov/Archives/edgar/data/704562/000168316816000316/peregrine_8k.htm

QUOTE:

"Proposal No. 3: To Approve an Amendment to the Company’s Certificate of Incorporation

The Company’s stockholders approved an amendment to the Company’s restated Certificate of Incorporation, as amended, to effect a reverse stock split of shares of the Company’s common stock issued and outstanding at a ratio to be established by the Company’s Board of Directors in its discretion, of up to 1-for-7,...."