Avid Bioservices Inc (CDMO)

[biopharm]

Ken Dart will pass BlackRock in Peregrine Pharmaceuticals holdings

Great post and call 101Theory and now I must go back into all the yellow stickies I have next to your name and dig deeper into a few of them : )

I think what will happen now is similar or exactly what CP stated:

Personally I see it as a positive because it is better then EASTERN buying into PPHM running the ATM which would have been kind of slow and neutral anyway. And also better then PPHM pressing on the PPS with 20Mil ATM. Furthermore it is yet another party that takes a big pcs of PPHM.

Finally I think that BP will again not like this because possibly they didn't anticipate PPHM to again get the funding without any encumberment of IP/Pipelines or weakening of their position by terms of loans. It also looks that whatever happens next PPHM has the cash now to run SUNRISE without ANY NEW funding.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118142770

I'm trying to find my post way back where I mention that "ALL THE MARKET CAP OF BIG PHARMA COMBINED..." or something along those lines will start to flow into PPHM, even if its 5%