Avid Bioservices Inc (CDMO)

[Frustrated]

IF the ATM was used to sell into the ebola PR, the shares would have been sold between $1.50-$1.80. Yes, it's dilution but the cash on hand would have increased. Because it was done at a higher PPS the shareholder value (if I may use the term in it's proper context) would and should be higher.

Agreed but keep in mind in March 2014 ATM shares could have been sold in the $2.75 to $3 range with 60 million shares traded. The question is if ATM shares were sold during the ebola PR why weren't ATM shares sold in March? One may guess that whoever mgmt is buddies with did not want them at that price.

PPHM THE COMPANY THAT CHOSE CARLTON JOHSNSON AS COB! ALL IMO.