Avid Bioservices Inc (CDMO)

[Threes]

ES CJ DP cost shareholders 900,000,00.00 million.
They steal 1.5 million per year for themselves, but they have squandered 900,000,000.00 of shareholder money.
They will cost each shareholder everything they have invested. They are on the way to zero cash on hand and nowhere to go but shareholders for more dilution.
Which would occur with the SP at .20. So with that impending dilution all long shareholders investment will be mute, worthless. That is the course you stay on with the current BOD. They will never do a full bankruptcy but will eventually tap out all the suckers buying the dream.

It is Ronin or bust, all the arguments you bring are baseless since you avoid the one truth. Under the current BOD you have nothing but continued losses and no hope of increased shareholder value. A true race to zero.

That makes electing Ronin and his nominees the only reasonable decision unless you are short PPHM.
Or get a check from ES,CJ,Dp to defend their positions.