Avid Bioservices Inc (CDMO)

[jakedogman1]

I asked Mr. White a question regarding the DE laws. I don't think they are worried and my guess is mgmt is stepping in some grey areas with respect to entrenching themselves. At this juncture they do not have any supporters in Chancery Court. The ES crew has been successful in blocking small individual investors. They are faced with a much stronger opponent with more resources than even they can muster (on our dime unfortunately).

And the more mgmt fights ronin without offering a better alternative, the more shareholders will rise up and fight. Bottom line is the BOD needs to go. Hopefully they can read the writing on the wall.