Avid Bioservices Inc (CDMO)

[exwannabe]

cjd, agree with your op cash burn numbers. And that could be kind of a feel good number if it actually goes plus..

IMO, what is more important is:

. Hit the $20M revenue (or something close). Failure to do so will cast doubts.

. Show some progress on controlling expenses.

. Hopefully (and I suspect this is not likely) show some projections on Avid III startup cost outlays remaining, and what we are looking for as total cash spend prior to break even.

I realize that most here are not in the game for Avid, but if they can show some progress on that front, the PPS will rise (as it presently trades at a discount to the Avid asset). And that will in turn result in less dilution.