Avid Bioservices Inc (CDMO)

[geocappy1]

Because the IP is in the hands of a BOD that will not sell but can't get it to market. What they are able to do is hold onto a poison pill, do enough to keep their license agreements, and collect fees. The market knows this BOD will keep diluting to keep control.

The market cap will go up under Ronin because the market will know that Ronin standa to make a lot of money at $1-2B and won't wait till it is $4B