Avid Bioservices Inc (CDMO)

[Frustrated]

MLV/George B. Zavoico - init. 2-8-10 Buy/PT=$10, CURR: Buy/$3.50

So why would anyone be excited about this report? First of all I believe the consensus was mgmt knows the astronomical value of pphm and will not sell low and pphm should be worth $100 yet this report only gives a buy target of $3.50?

What is even more alarming is that a buy was initiated in Feb 2010 for a price target of $10 and five years later the price target is $3.50. That is some great buildup of shareholder value by our esteemed mgmt team. It is unexplicable how no one has lost their job, and how the BOD remains at only four people. I guess no one else is allowed in so the secrets doings stay in house for now.

PPHM THE COMPANY THAT HAS BEEN LOOKING TO ADD QUALIFIED BOARD MEMBERS SINCE 2010 YET CAN'T FIND A MATCH WITH THE CURRENT CREDENTIALS OF OUR BOD AND THEIR PENNY STOCK PEDIGREE. 75% OF THE BOARD HAS TIES TO PATRIOTIC SCIENTIFIC WHICH NOW TRADES AT 6 PENNIES YET THE COMPANY CLAIMS TO HAVE AN INDEPENDENT BOD. ALL IMO.