Avid Bioservices Inc (CDMO)

[2ndstr2thert]

I believe "Threes" post has hit the nail on the head. Threes I hope you do not mind if I repeat it again.




Threes Friday, 08/26/16 06:10:37 PM
Re: ku post# 270956
Post # of 271788


EVERYONE PLEASE VOTE NO, NO, NO, to the reverse split.
They will be able to carry us to profitability as they stated IF WE HOLD THERE FEET TO THE FIRE.
They have 60 million in cash and by there own words are 2 years from profitability.

Don't give me the crap about stilling owning the same percent of the company.
95% of the time all companies that reverse split go back to their pre split share price.
It is a loser.

PPHM is a OTC company.
They have not earned their wings to fly with the Nasdaq crowd.
There are plenty of OTC companies with good liquidity that trade multiples higher then PPHM.
There is no reason we could not trade OTC.

When we reach the requirements on our own due to merit we can go back to the Nasdaq.

This will also save the company two hundred thousand a year in compliance fees.
What we should be hearing is about drastic cost reductions in R & D and slashing BOD compensation.
Which can also go back up if/when they restore shareholder value.





Guns have now surpassed car accidents in cause of deaths in the USA.

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How many people have to die before this tech gets into capable hands ! Do a deal now !!! 2NDSTR2THERT.