Avid Bioservices Inc (CDMO)

[patientlywaiting]

Godd point, I guess the question then become what does the term " principal executive officer" imply in relation to King's position.

https://www.mofo.com/resources/publications/sec-requires-ceo-and-cfo-certification-of-quarterly-and-annual-reports.html

"Typically, a company's principal executive officer and principal financial officer will be the company's CEO and CFO, respectively (therefore, we refer to a company's principal executive officer and principal financial officer as its CEO and CFO for purposes of summarizing the Section 302 Certification Release). Currently, the CEO and CFO are required to sign their company's annual report, and only the CFO is required to sign quarterly reports. The Section 302 Certification Release does not change existing signature requirements, but rather requires that every public company's CEO and CFO provide new a certification in their company's quarterly and annual reports ("Section 302 Certification"). The Section 302 Certification is not required in a Form 8-K or 11-K because the Section 302 Certification is expressly limited to a company's quarterly and annual reports. The Section 302 Certification Release also indicates that the SEC may in the future require a Section 302 Certification in initial registration statements on Forms 10 and 10SB or to definitive proxy and information statements.