Your opinion is totally flawed, beginning with Avid. Avid is about to do things no other small biotech has accomplished and at that time it is when most will realize that without Avid there is no Peregrine and without Pererine there is no Avid.
It is silly to fund a manufacturing company. with ATM money. You can easily get regular financing. Interest rates are at decades lows. Their is nothing special about Avid, no proprietary technology, no exclusive anything. Paradigm shifts? The company is dying.