Avid Bioservices Inc (CDMO)

[GORMBUS]

Moose tracks:

For those of you who are hunters I would make an analogy that PPHM is like looking for a moose in the woods by following his tracks. After many hours of following and not seeing him, you start following another set of tracks. Eventually you give up because you become convinced there aare no moose, just tracks and you can't eat tracks.

PPHM has tried to convince us that in fact there is something at the end of all this and I believe there is. I think we shareholders and management just don't know how to bag that moose.

I think a wholesale change needs to be made with the BOD and management. Not necessarily terminating useful people but put someone in authority that can take this company fwd.

IMO