Avid Bioservices Inc (CDMO)

[BKT]

CP,

Of course it would change if the share price was at 5-10 per share. It is the managements and BOD job to drive shareholder value. Isn't that the way most companies are run, I mean they are actually paid to drive up value.

Obviously, we do not see shareholder value at 1.08. We can assume it will be higher based upon things to come, but at the present time the share price does not reflect what I, and hopefully you as well believe what the actual shareholder value is.

Just my opinion, but seems pretty obvious we are criticizing management for the share price being where it is. I know for sure in my mind, I would have no complaints at all if the share price was at 5-10 a share, it will tell me management is doing exactly what I thought they should be doing with the technology we have, the patents we own, the collaborations that are ongoing, the trials as advanced as they are, the state of the art manufacturing facility and most importantly the perception of wall street. I Quite frankly if the price was at 5-10 a share it would actually mean management has convinced some of the Big Pharm's that they better move quick.

At the moment they haven't even convinced the average retailer.