Avid Bioservices Inc (CDMO)

[pphmtoolong]

The Sunrise trial did not move Bavi to early FDA approval. Period.

Peregrine has gone from near term success to who knows what.

My concern, oft repeated, is how does Peregrine go forward without a reverse split.

If Peregrine doesn't have an answer, they don't have any chance of turning this thing around for years, if ever.

My unsolicited advice, act like a real business. Cut non-Avid salaries to the bone, boost Avid revenue. I see they are doing the latter, they need to do the former too.

No time or money to waste.

Paul