Avid Bioservices Inc (CDMO)

[bigdumbandugly]

Let's just hypothesize that this company is but a sham.
A shamming, scamming, primarily fraudulent operation.

To protect itself legally the company would have to be extremely careful on what it puts in writing on its website. It does have the Safe Harbor Warning to hide behind in many instances of gray area - but they can't go too far with that. Incorporating in Delaware was a no-brainer.

So how to work up investment in the retail class to support their nefarious scheme but keeping a nice cushion of protection? Not to mention cushy paychecks for themselves?

Voila! The magic of social media!

They didn't say it did they? The company itself is largely under the cone of silence. Whatever was claimed was said by anonymous entities on social media - not them, right? Enough times to make any pipe dream fact in the minds of hopeful investors. And once entrapped - they got em. No escape outside huge losses. So they hang on. And new marks are marked and on and on it goes.

It makes it difficult sometimes to comment on everything going on here without bringing up the role social media is playing. But you know as well as i what bringing it up gets you.