Avid Bioservices Inc (CDMO)

[corporalagarn]

There are two anti-Ronin groups that I can see.

1. This one is semi-legitimate. Ronin appeared to dump on the IP pretty good. Many people here are convinced that the IP is worth a great deal, despite what the current crew has done with it to date. My take is that if it is worth anything, Ronin will be better equipped to get the most out of it. If it makes money, he makes money. Any deal for the IP with the current board in charge would likely mean that they would have to give up their 500k per year. Not a great incentive.

2. Some have supported the BOD for so long it's hard to see who they really are. It was spelled out pretty well in yesterday's letter. It was much worse than I thought and I hated them beforehand.

For some it's a combination.