Avid Bioservices Inc (CDMO)

[TekNuLoof]

Hi Bungler
Unless you have received information from Peregrine that we have not, I think it's a bit early to throw the towel in and to the wolves. I have very little to go on from what you suggest and continue to look at the facts, pieces and the science we still have. It's still a significant stake for Peregrine. If you were thinking we were going to get $15, $20, $30 and more per share and now maybe only $3-5, then I understand where you are coming from. Selling off the pieces can still be quite lucrative imo. Other unknown jewels may still lie below the surface as well or maybe not. All the cards haven't been played yet from my vantage point.

Jmo
Loofman