Avid Bioservices Inc (CDMO)

[sulaco]

Threes, I agree with you, but the BOD may indeed get an exosomes

deal done to save their necks.


Their gravy train is in danger. Do not underestimate their desire to keep it going.

An exosome deal will neuter Ronin, because it will support the R&D side. Then Ronin can have what is SAYS it wants i.e. AVID.

PPHM says its R&D costs will fall 40% in FY2018. That's a drop from $30 million to $18 million.

Remember, an animal backed into a corner bares its fangs.


Best,

Joe Six