Avid Bioservices Inc (CDMO)

[TekNuLoof]

CP, I think you should go to find out why management has spent millions of dollars on trials that either were put on the shelf, were mishandled and failed before first look in because of futility. You should go to ask why there was no significant plan B ready to be in place after failed Phase lll trial which to this day has still not been revealed. You should go to ask management why they put all their eggs into one basket into an area where the signs were showing combinations with chemo were a declining area of potential and immunology was where science is heading.

There are at least 20 years worth of questions to ask of management in regards to creating shareholder value which management has stated it was attempting to do over all these years. The result ... 20 years later...
the vast majority of long term shareholders have lost on paper or in realuze losses 70, 80...90% of their investments under Peregrine managements ineffective control.

You deserve better, we deserve better. We all deserve transparency and honest answers as to how management plans to take the company forward in a measurable way that shows investiors fudiciary responsibility towards its shareholders. This does not include increased salaries, bonuses and cheap options.

Jmo
Loofman