Avid Bioservices Inc (CDMO)

[Frustrated]

Yes he has nothing to lose. Yes if the stock does not go up he does not get compensated this year but he will get more options at a lower price next year while collecting his salary and cash bonuses! He does not care if the stock goes up now, next year or ten years from now. The stock could go down to $1 next year then he will get more options at $1 and then if it goes to $1.50 he makes 50 percent of his money. Not too hard to understand that yes he may not make money but there is no way he loses anything now and actually he may benefit with lower prices and more options if the stock price eventually goes up. If the stock goes down he still collects his paycheck with no fear of losing his job. How much money has he earned in the last 10 years and how much has shareholder value increased. He be replaced in most companies by now.

If the stock does go to $5 now, SK will make more money than he would have in Sept 2012 wouldn't he yet he diluted shareholders by how much? Guess they didn't have the guts to award themselves the options while the CA case was active. Guess they got the green light to keep taking. All imo.