Avid Bioservices Inc (CDMO)

[bidrite]

I keep saying, in this stage better NO PARTNERSHIP then a BAD PARTNERSHIP.

You guys keep saying bad partnerships and breadcrumb deals as if it is fact. We have no clue, because NOTHING has been presented for us to evaluate. Maybe it is true, maybe not. What happens if we do announce a partnership that is less than desirable? If we are being objective and want to evaluate all risks then that is a possibility as well.

Where did SK SAY that. SK said they hope to bring partnerships to fruition the coming year.

SK's exact words from prepared remarks during a quarterly update "We look forward to updating you as partnerships are brought to fruition in the coming year". You are adding words by saying "hope".

My whole point in criticizing our CEO lately is for making public statements, which create expectations with big investors, then failing to deliver (hello slide 28). That harms our company...no way to spin that in a positive light. I am critical because I want him to back up those statements and bring more big investors. It is a fact that having greater institutional ownership minimizes the games that you described in your post.

People invested in that risk believing it might work

Pretty sure people invested in Cotara, which is now shelved. Going way back on this message board you can read all the pumping about Cotara hitting the market.