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Friday, July 14, 2017 6:07:45 PM
Avid is already brought to market. Here is the guidance from last year JUL Q/CC FY 2017 guidance in JUL 2017.
As you see reality turned out HIGHER and if you read this you will see that FY 2018 already has that potential build in (begin of SK speech).
And now that I have READ it again we can ask ourselves if CEO KIng means a SPLIT in two companies when he says:
"Both Peregrine and Avid have achieved important milestones in recent quarters. The success of Avid and its continued revenue growth with the compelling data we have seen from the Phase III SUNRISE trial have led us to explore various strategic options that we believe will enable us to enhance stockholder value for all stockholders, including the possible separation of these two distinct businesses."
He might be saying: the R&D will NO LONGER DEPEND on revenue generated by AVID. And that would fit the exosome.
But yes Loof, this puts again in EVIDENCE how poorly PPHM communicates because as a shareholder I should be able to go on the PR and not need to listen to the CC to understand what they exactly mean.
But if it is that last meaning then we will see revenue from Exosome THIS YEAR and with Avid break even the sustained profitability (which they have NOT retracted) would then mean an anticipated Avid+Exosome revenue.
I will not deny that we need more CLEAR language on this topic.
The AFTER HOURS PPHM PPS move is all part of the theatrics. In the end most people see only that and don't even listen to the Q/CC. We have seen such games every last 20 Q/CC's now BUT now it looks more impressive with a x7 effect.
84 cent is 12 cent pre-split and some buying started a few minutes ago.
Peregrine Pharmaceuticals the Microsoft of Biotechnology! All In My Opinion. I am not advising anything, nor accusing anyone.
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