Avid Bioservices Inc (CDMO)

[senrex]

They know they already have the votes for a RS. Otherwise they wouldn't have called for a vote.

This may kill it for me. I wanted to stick it out to the end, but I cannot see the point. I had 40K shares when they did the last 1:5 split. I built that up to my present 15K shares. SO: essentially 47K shares will, with this 1:7 split, be reduced to a little more than 2K shares worth at present prices less than $4500. Do I stick around and watch that shorted to under $1? Is it worth $3000 to find out? At this point, I'm just so damn discouraged and loathe this management so much, I doubt I'm willing to risk any further aggravation. I'll sleep on it.


But, if they had a catalyst to get the share price over $1 for NASDAQ listing compliance, they wouldn't need an RS. In other words, this is pretty much telling us that we got 'nothin except for AVID.