Avid Bioservices Inc (CDMO)

[Krakonos]

jimsgtx maybe you forgot....

... about 3,000,000 preferred shares @ $25,- that company can use.

That is $75,000,000 before even considering loan.
These shares are already spoken for from what I understand.

ATM is another way to top up bank account if necessary.

Partner and up front money is also good possibility.

Loan should be their last choice unless they want to have their hands tied up.