Avid Bioservices Inc (CDMO)

[pphmtoolong]

vanessapu, unless Peregrine management starts running the company like a business, i.e. operating at a profit, or with partner support, they can kiss those salaries good bye. I suppose they could drain the checkbook and raise more cash from a few brave souls for a a year or two until bankruptcy. However, I hope they have a better fate in mind for the company.

Why risk the company's future by giving in to the 'easy path' of a reverse split. It might be easy for Peregrine management, but it would be a dead end for existing shareholders IMO.

GLTA, Paul