Avid Bioservices Inc (CDMO)

[keep_trying]

Geo, agreed.
Regarding your posts calling for communications from the current BOD, I presume legal sensibilities limit communication options. That Delaware Chancery hearing transcript reinforces the Ronin claims of BOD overcompensation, but Ronin really hasn't touted much else besides their intention to curtail research. The BOD announced cost reductions including lopping the PPHM research team in half. I view that as communicating through action. An announcement of PPHM achieving "self funded research" leading into the ASM would be a nice touch for affirming the existing Board accomplished something of value at a critical time. Not needing the ATM anymore plus expanding Avid sales can improve shareholder value. It would also set up shareholders who see value in PPHM tech with a relevant choice between the current BOD's "develop Avid sales using revenue for funding PPHM tech" and Ronin candidates' "put a hold on PPHM research funding to allow optimization of Avid value development". At least, that is how I contrast the current BOD vs. Ronin's views, considering what has been shared with investors so far.

Best wishes and IMO.
KT