Avid Bioservices Inc (CDMO)

[MGaddy]

Preferred, whats up?

Original underwriting sales
MLV 426,000
Maxim 113,475
National 76,313
Empire 78,540
IBankers 5,000
Additional over subscription 75,000 split somehow between them.
Total 775,000

We know that Feb 2015 Eastern Capital had 240,000 of those shares.
That leaves 535,000 shares.
Assuming Eastern still holds(been with us a long time)then where did the shares traded on these dates come from, and more importantly where did they go?
3/17/15 388,840 well over half of what should have been outstanding.
3/31/15 58,554 not much, but when added to 4/1/15?
4/1/15 126,789

All told, 891,558 shares have traded since Jan 1 2015.

EX 4,625 shares were traded on 1/23/15, are you still holding yours from that day, or do they get double counted(if you bought and sold)?

Just rambling,
MG