Avid Bioservices Inc (CDMO)

[realist1]

RE "Vote Yes - there isn't a realistic alternative. "

There absolutely is.
Fact is with current cash and remaining (recently filed) ATM's still within current authorized, PPHM has around 2 years of cash burn.

They can request another vote at any time for a fee that's small relative to what they burn.

That 2 years of cash burn allows them to prove to shareholders they can actually do something to create shareholder value rather than destroy it as they have done for so many years.

Voting for proposal # 3 insures shareholders have given up any power they had to force management accountability.

The choice is obvious. Voting no risks nothing, and voting yes says kick shareholders in the face some more. Voting yes is like saying "please continue diluting me into oblivion, and I don't care if the stock keeps going down"