Avid Bioservices Inc (CDMO)

[senrex]

James GMS, FWIW:

Some of us here who are not in the camp of the optimists view the science positively; what we do have every reason to doubt thus far is whether or not Bavi is the biologic which will successively execute the mechanisms which will bring the science to fruition.

If Wolchok validates the science without specifically mentioning Bavi, I expect nothing to more slippage. If he validates the science and specifically articulates the efficacy of Bavi, we'll be over our NASDAQ requirement worries. However, until this BOD and management is replaced, I think they will severely limit our upside. Wall Street apparently neither likes nor trusts them.