Avid Bioservices Inc (CDMO)

[Jeff4iam4]

I picked up a penny just yesterday heading to the Fresno State football game....just lying at the feet of a young lass standing at a cross walk waiting for the walk light to go on. Had to wait for her to move so she didn't think i was trying to molest her. But by gosh i got that penny, but had to wait for that light to go on.

Then today i added another 2790 shares to my portfolio....now up to 104,025. Won't be selling any of them for less than $28....and would hold most of them for way more than that as i have patience....as i showed in waiting for that penny yesterday.

But most important, i will vote each and every one of them no on proxy item #3 unless PPHM management provides satisfactory explanation for asking us to authorize another 175 million shares. As i said before, it isn't dilution that is the problem, it is dilution at such a low price and this when it would appear from my perspective they could wait another year and put it on next years proxy when maybe the price increases due to further validation via second look in.