Avid Bioservices Inc (CDMO)

[JJ1223]

You know what else it has?

NO response from the PPHM BOD.

Cant dispute the truth can they?

Again, I would like to see the Peregrine BOD ompletely changed. I do not believe the Ronin nominations are necessarily in our best interest. No one knows with absolute certainty. I would argue that it would. It be wise for this management team to engage in a war of words. Ronin had a plan and Peregrine has a plan, and we will see it play out. Their silence is not proof of agreement of the complete. Intent of Ronin's letter to SH'ers. I am sure they were advised to let things cool down. Less is sometimes much more in the long run.