Avid Bioservices Inc (CDMO)

[geocappy1]

I wish I shared your enthusiasm for Ronin. Although I will vote for them if there are only 2 choices I am not so sure of their intentions. I know that Stafford was and is very involved with Xencor and helped them

however, his partners White and Tran have been for noted as buying and selling the parts or the whole for whatever they can get in a fairly short time frame.

I do not see Ronin as a home run candidate and I do not feel they invested enough dollars in relation to what I think the company is worth to demand total control. I realize it is way more than the current crew but that was not a very high bar. It is also not how I view a third party's investment criteria because I feel the amount of their investment does directly correlate with how hard they will fight to drive the pps as High as they can.

Just my opinion and still may be more to play out.