Avid Bioservices Inc (CDMO)

[sulaco]

Threes, apologize for NOTHING

You were right all along. PPHM had to cut a deal because they KNEW they were toast at the ASM if it came down to a vote.

Just too embarrassing for the old BOD to get run out of town on a rail at the ASM. Publicly embarrassing. And not a good look for PPHM with potential partners/acquirers looking on.

There's been a lot of recent backtracking here on comments made previously about Ronin. NOT a hedge fund raider. NOT a two-man demolition team. NOT selling out the IP for peanuts. NOT enemies with shareholders.

In fact, just the opposite. Years of adding shareholder value. Seasoned pros with decades of experience. Sharp evaluators of potential value and serious appreciation.

Christmas came early for stockholders this year. Great finish to the year. 2018 - bring it.

Best,

Joe Six Pack