Avid Bioservices Inc (CDMO)

[pphmtoolong]

hope, at least Avid is worth something. The market won't know it, unless Peregrine cuts costs enough to reduce the burn rate to zero, or less.

If Peregrine plans to continue going to the ATM, it will be years before current or new shareholders will see a profit, if ever. The "we just need to do one more reverse split" policy sounds like "I just need one more drink from an alcoholic". Nobody believes it.

Peregrine needs to prove to us and the other brave souls who consider buying their stock that they get it. No more easy money. Make the hard choices or dust off the resumes.

GLTA, Paul