Avid Bioservices Inc (CDMO)

[pphmtoolong]

With the failure of Sunrise, investor interest in Peregrine as measured by activity on this board is clearly much reduced. No surprise.

I only point this out in the faint hope Peregrine management notices this drop in interest and draws the inevitable conclusion. Peregrine's prospects to attract investors and stay on NASDAQ are greatly reduced.

Peregrine management must find a way to restore investor confidence. IMO attending scientific and financial conferences will not do it. More meaningful action is needed. Get a partner, slash the burn rate.

It's now or never, Tustin. Do something.

GLTA, Paul