Avid Bioservices Inc (CDMO)

[jakedogman1]

my take is mgmt was planning one last go it alone to prove out MOA... the DS settlement agmt from July where pphm agreed to add BOD member after bavi fda approval was a big tell... no oversight for two more plus years... why care about dilution when bod owned basically nothing... avid cash cow right around the corner and collect $400k a year while getting cheap options all the while... the moat was strong and who could stop them...

then ronin shows up...

what i find interesting is "compelling data" comments regarding sunrise on the last CC and no mention of presentations or posters of the "compelling" data from ESMO or Japan last week... just another reminder that SK is not on shareholders side...

and i got an interesting email from IR last week stating mgmt is not actively promoting the R&D assets..

Makes a lot of sense when you combine the CC compelling comments... let's not let anyone know of the "value" when we try to get the best value from potential partners... shhh don't tell anyone we're selling 2017 corvettes for $20k....

Mgmt hired Mackenzie to sell their "proxy".... what kind of deal will be attached? enough to keep them entrenched? interesting times ahead..

ronin will at least have skin in the game.... a lot more than 41 shares...