Avid Bioservices Inc (CDMO)

[Frustrated]

Another week of promise that was dashed with no news of past due partnership from our CEO who now cries fruition. It wasn't long ago it was stated that the ATM was turned off and we were only selling preferred shares. Now that it is known that the ATM is turned on at near lows it is ok since they have to fund the company somehow. Nevermind that Lytle needed help from a shareholder to raise the stock price so he could sell ATM shares in the $1.40's instead of near $3 last March but friends of mgmt didn't want the shares that high. Markets and the IBB continue to set all time highs while pphm is still 50% below its reverse split 5 years ago and still being run by a penny stock BOD getting praise for having at least one botched trial under their watch while the CEO continues to spew stretched truths and fruitions. Yeah thats the ticket.

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/HAD TIES TO PATRIOTIC SCIENTIFIC WHICH NOW TRADES AT 5 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 MARCH 21, 2015, 80 days past the year 2014. CREDIBILITY IS AN ISUUE. ALL IMO.