Avid Bioservices Inc (CDMO)

[pphmtoolong]

Time to face a few facts.

Bavi anti-viral went nowhere.

Bavi imaging went nowhere.

Bavi chemo went nowhere.

Looks like three strikes to me. Pardon the baseball reference. The smart money left with the Sunrise failure.

The only Peregrine success is Avid.

So, Peregrine needs to focus 95% of its energy on this money maker.

If they do, they may be able to get the share price back over a dollar. From that point they can make one last attempt at bavi-immunotherapy.

If they decide to go the reverse split path, we waited too long to sell.

GLTA, Paul