Avid Bioservices Inc (CDMO)

[bfiest]

I don't think they would have incurred15%. This current BOD wouldn't hesitate to initiate the poison pill in any such attempt. That would have played right into their hands. But the dilution timing and amount was questionable. I posed that question to Stephanie and she indicated that any information provided concerning that subject of timing and amount of dilution would be selective disclosure. I have to admit that was a very curious response. I mean why would it not be public information as to what they needed that money for? We still don't know.