Avid Bioservices Inc (CDMO)

[jakedogman1]

Where did Ronin say the IP was worthless? I spoke with the Ronin folks a couple of times. They want to monetize the IP by getting it into capable hands and not sell shares for pennies on the dollar to further attempt to develop bavi. In the meantime the time to expand Avid is now and that takes capital. Current mgmt has no clue what they are doing. Also note current mgmt are copying ronin's plans. And even if mgmt tried to develop bavi, would anyone trust or believe them? No institutions will come near the current BOD with their history of corporate pillaging and ZERO biotech experience. The only way forward is for the current BOD to leave and the sooner the better.

And the Tappan folks basically said the same things regarding the current BOD.