Avid Bioservices Inc (CDMO)

[Protector]

bidrite, I don't see the similarity. RONIN did their act KNOWING Everything that was available, including direct meetings with PPHM. He could have played it shareholder friendly but in stead gave away he just needs the shareholders once to grab control and then will, without hesitation, milk them as much he can.

Their complete style and the way they played this, using the PPHM PPS as a means of manipulation by fear & greed shows it.

The BLA was based on ONLY the part of data available and the related posts contain a mine-field of "SPECULATION" mentioning. The possibility has been abandoned as of the moment that Dr. Garmin told us that the stat.sig. data they PRed about could not be FDA filed because it contained pre- and post unblinding data.

As for the shelf. Absolutely, I keep saying that. The shelf is now more important then ever. It allows PPHM to, untied of bankers, accomodate for delays such as those that overcame their AVID customers (due to FDA delays) and impact Avid revenue.

But after the last 20% cut I am EVEN MORE convinced that the shelf is a good thing because here PPHM proves they are prepared to make other cuts there were they could just have pumped the ATM, yet they didn't.

And what is more, THEY DON'T EVEN HAVE A NEW DEAL (with the Valck and alike) to ISSUE more shares. So from BEFORE the last Q/CC they CANNOT be issuing ATM shares. So at least nobody can accuse them from dumping shares with as a result the current PPS movement down. It are OTHERS doing it.

AIMO