PPHM responds to activist’s letter: https://finance.yahoo.com/news/peregrine-pharmaceuticals-issues-statement-regarding-220859104.html “Peregrine welcomes the input of our stockholders and is committed to maintaining a highly qualified Board to lead the company forward. ...Our Nominating Committee will carefully evaluate Ronin/SWIM’s nominees consistent with that process. Following the Committee’s review, it will make a recommendation to the Board that is in the best interests of Peregrine and all of our stockholders. Stockholders need take no action at this time.” LOL