Avid Bioservices Inc (CDMO)

[ststephensrevenge]

In the event we take them at their word and they continue to fund via dilution at 85% of 40 pennies, a second reverse split becomes inevitable. The math doesn't lie. Can you provide examples where a leadership team with 2 reverse splits and a 90% stock price retreat under their direction that has kept their jobs? King foolishly and selfishly choose not to partner after the 2007 and has swam against the tide ever since to the detriment of everyone besides himself and the board.

The game is clearly rigged against small companies in this space. And King is plain and simply a slow learner.

Of course the phase 2 trial was deliberately jacked with.

The control arm of the phase 3 trial did not magically have a stellar showing. Logic leads me to believe that enough patients left the control group in the US that weren't doing well and we're advised to try the newer treatments that had recently been approved. I vote their victory. The control group calculation became "compromised" via the newer drugs that probably entered the mix. I am struggling with any other explanations as to why the two arms had similar results.

Partner now, run a profitable AVID business and place the technology in competent hands...enough is enough.

Jake and toolong have the right ideas for a viable path forward from here. All is not lost if management changes course...Wall Street is currently voting they won't unfortunately.