Avid Bioservices Inc (CDMO)

[MazelMan]

IMO looking to rationalize this authorization of so many shares. I find it hard to believe that with such a spotlight on this company that they would act so foolishly. I would like to believe that by the time these shares can be sold sometime later this year that the "leaders" have more clarity on not only the progress of the trials that are ongoing but also gauge when they will be releasing this info. Question: why would they announce this issuance knowing that by the time they can sell these shares the pps will be way under where we trade today? There must be an 'ace' in the hole and by year end we will see justification. When that 2nd lookn happens and if it has an overall efficacy that blows away the soc those shares will come in very handy.

Closing my eyes to today's action but (aiabb) maybe we hang tough and surprise the fellas.

D