Avid Bioservices Inc (CDMO)

[md1225]

100 percent a strategy position for all three, value is there but they all said to me we first need to hear FDA first look in green light. They all said to much risk trusting Steve Kings on track statement. This and fully enrolled will take away much risk for them.

I plan to sell a third of my holding into the run of all of their buying. I have told all of them this and they just laugh or make sarcastic comments that they will gladly pay me 5/share to reduce risk then sell at 40/share plus.

I say fair enough.