Avid Bioservices Inc (CDMO)

[biopharm]

My fault as I did not verify those links so will delete to not confuse anyone. The search field was just "Peregrine Pharmaceuticals"

Anyhow, I just woke up after dozing off and CP has me wondering about the latest update and where was it possible that Peregrine did come up to keep so much money in the coffers.

If I was K&L Gates I'd advise Peregrine, before the time may be right to step up and out into the spotlight (hopefully that is this Wednesday), that if they can pick up some upfront money and announce a stock buyback program and on any further lids being displaced to pressure the stock down, that they (Peregrine) in turn can now offset that pressure and buy their stock back at any such cheap price that presents itself.

There is a domino effect here. What happens if they are able to buy back just enough, even say 25-50 Million shares and not only does that show 100% confidence in Peregrines future, but it also increases some shareholders where they could be forced above that 5% or 10% or 15% mark... right?

Now this is where I need some assistance, because there is a slight.... slight angle here that can be played to force those that may be trying to maintain just under the 5% mark and not reporting to the SEC ... right?

I have dozens of scenarios to play out now and will keep me busy this weekend, though this is truly something that I would think only K&L Gates should consider tossing out at Peregrine and Peregrine can toss it out to whomever is in the pole position.

There may be other domino effects here.... and could, just could.... turn things upside down on some that think they are being clever and only to find out there is an answer to just about everything.