Avid Bioservices Inc (CDMO)

[Frustrated]

Announce they are considering additional board seats

SK already did that in 2010 at the shareholders meeting after they were all dumbfounded that they had to PR that Carlton Johnson was laughably chosen as the COB. I guess they even knew that wasn't worth a PR and probably would do more damage than good if people actually were aware.

Other famous SK/PPHM timeline blunders that have come direct from mgmt.

Company plans to present HCV data at major conference in 2012. (Have not presented to date)

Company hopes to have commercial product by mid 2012. (Nothing to date and at least years away most likely)

Company wants partner on board before phase III protocol in 2013 for BAVI and Cotara. (No partners have come to fruition now in 2015)

Yes it is amazing that while they are funding the company through ATM they don't even bother to get the price up to sell into it. Hell Lytle already cost shareholders millions of dollars by not selling into the 35 million shares last March between $2.58 and $3.18. I guess the buddies of mgmt did not want the shares at those prices. I guess there could be some other logical reason to not sell into it. Perhaps he believed SK and the partner talk. One year later.....

PPHM THE COMPANY THE COMPANY THAT HAS 75% OF THE BOARD WITH PAST TIES TO PATRIOTIC SCIENTIFIC WHICH NOW TRADES AT 6 PENNIES YET THE COMPANY CLAIMS TO HAVE AN INDEPENDENT BOD.

PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW JANUARY 28, 2015, 28 days past the year 2014. CREDIBILITY IS AN ISUUE. ALL IMO.