Avid Bioservices Inc (CDMO)

[jakedogman1]

yes... and for pphm, it is a two fold problem.... in a sense they are caught in no mans land and a R/S may be necessary to get out of the penny stock gravity pull.... and the R/S is just an arithmetical calculation and if the underlying issues as to why institutions are not buying, it will be deja vu all over again. The BOD needs to be fixed.... until the three person cabal is broken up or neutered by an outside influence, i'm afraid institutions will continue to avoid PPHM.... now mgmt has stated they have many paths to regain compliance, the question is whether they really want institutional support.