Avid Bioservices Inc (CDMO)

[jakedogman1]

my guess is mgmt wants one more try to hit the bavi homerun or major inflection point and that would require capital... the problem is it's not their capital, it's the shareholder's capital and that is not a problem for mgmt... dilution on the margin does not impact them when they just created 7 times the PPHM currency money supply... and they laid the groundwork for the next set of shareholders with the "antibody" bandwagon...

the value of bavi can still be recognized with upfront money, milestones and contingent rights or royalties. i prefer BP do the heavy lifting now because of the resources and credibility needed... and BP can put many more shots on goal... if bavi works, they will exploit it and develop the platform.... the football needs to be pried from the 3 year old's hands for the game to continue..