Avid Bioservices Inc (CDMO)

[patientlywaiting]

"Jul7: PPS must be $1+ by July7, then 10 trading days at $1+ by July21 to avoid a R/S of up to 1:7. http://tinyurl.com/ya69tlso";

Not that this matters...BUT.....if we close at a $1 on Monday, July 10 and we close at a $1 on Friday, July 21 then we would be trading at a $1 for 10 days.......in theory they could wait to announce a RS on Monday after close not necessarily this Friday if we didn't close at a $1 on Monday.

Also wasn't there some unknown NASDAQ caveat in the official SEC release and what does it matter anyway?

The count down continues.................