Avid Bioservices Inc (CDMO)

[chenzo11]

At these prices that is always a possibility and has been in the back of my mind.

I can hear it now:

"At the current share price we have come to the decision that a 1:7 split will not provide pphm the time and financial leverage that will be required to complete the Avid expansion and pursue further clinical studies of bavi without facing another Nasdaq delisting. We feel a 1:10 split will provide the leverage needed to achieve full shareholder value. Thank you and we will not be taking any questions"

Cheers
Chenzo