Avid Bioservices Inc (CDMO)

[north40000]

Geo, I am at a slight disadvantage this evening posting from Cologne, Germany, in the midst of a river cruise ship internet temporary malfunction or loss of satellite + fire alarm false alarm. T-mobile worldwide remains active here.

I agree with you, CP and KT in many respects.

Royal we are fortunate in having managed to average down to a point where total $$$ loss in PPHM share value is more than covered by other LTCGs, and hence does not sink our ship in an otherwise diversified portfolio. We bought many shares in posited $$$ range that Ronin group purportedly bought its shares.

We still wait for further developments
before ASM in October.

IMO, it would be helpful to all if JDM1 or others(like Bungler) had entire Pacer Delaware magistrate opinion available to copy and paste here, not just excerpts centered ~ page 13 et seq. For one, I would also like to know the identity of the entire cast of characters, including all lawyers with identified clients, that 'just happened' to be there for the oral hearing that day in Delaware Chancery Court. I now regret I did not attend that oral hearing that day as I had planned---a transcript of that hearing might shed further light on matters discussed here in the last few days.

Enough for now. We return to U.S. late Saturday.