Avid Bioservices Inc (CDMO)

[pphmtoolong]

Clearly the PPHM sale price is held down by market forces. Maybe routine 'show us the money forces' or by small focused groups of investors. I don't know there are such small groups. However, it is not hard to envision groups of investor who understand the nature of a company like Peregrine, and who know how to take advantage of this nature.

For instance, a company like Peregrine has great promise, but the promise will not be actualized quickly. So, when the Peregrine news cycle is slow, the share price will probably drop. It might even drop faster at some times due to simple, low cost actions. At this time such investors could buy PPHM very cheaply.

When the Peregrine news cycle turns positive, the shares purchased cheaply can be sold for nice profits. And they can "rinse and repeat" this process over the years required to bring a new drug to market.

In either case once a positive news trend is irreversible, which we hope to see very soon, the market will reward Peregrine and its shareholders accordingly.

GLTA, Especially Bavi-arm Sunrise Patients,

Paul