Avid Bioservices Inc (CDMO)

[ststephensrevenge]

King just looks to be going through the motions now with his nth dog and pony show that has yielded close to nothing after a decade of this.

The partner bluff doesn't hold water and the market senses it.

King says Astronomical...market places a value of zero on the tech after all this time....even after some promising pre-clincal results in I/O.

Which is it?

I still believe it has a place in the I/O mix but it will die on the vine with this groups approach towards advancing it. Limp along small trials that take forever to enroll is a time proven failure.

Charlie Brown's teacher giving another pep talk adds little value.

We desperately require another front man and direction...someone that can bring real enthusiasm to the platform if there is any value to be realized.

$75M market cap - $40M cash - whatever AVID is valued at = 0$ value of PS

That is why we are facing a reverse split...it is not uncommon to partner based on pre-clinical..if the desire is there...or has the real value of the PS technology been determined to be zero. Perhaps that is what we are coming to realize.