Avid Bioservices Inc (CDMO)

[Frustrated]

THLD had about 50 million shares outstanding before the partnership and then went from $1.32 to $8.80 which increased the market cap by 374 million.

Using pphm's 179 million outstanding shares that will get the share price to a whoppin $3.69 using the same analogy.

It is however very exciting times as we know from the shareholders meeting that pphm has moved from "we are in talks" to "active discussions". The share price reflects that enthusiasm.

Things really get interesting if you take away the secret 97 million shares that are stored in a secret account. Reality is then that there are really only 82 million shares outstanding.