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Re: eb0783 post# 261317

Friday, 04/08/2016 10:31:27 PM

Friday, April 08, 2016 10:31:27 PM

Post# of 346052
eb0783, I don't know how big Avid might get, but I do know it makes millions in profits per quarter. If Peregrine management could take the hard steps to cut the non-Avid staff, it could reduce the burn rate to near zero.

I know, I know. We'll never get rich unless Bavi hits the big time. I still have hope for Bavi. However, if Bavi can't attract a partner, how likely is Bavi to make us rich? Not very.

So, Peregrine, get a partner for Bavi. If not, face facts. Wouldn't it be better to be a growing biologics manufacturer than just another failed biotech development company with hundreds maybe thousands of unhappy shareholders?

GTLA, Paul
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