Avid Bioservices Inc (CDMO)

[jakedogman1]

Filing an S-3 is just getting the company ready for battle. They would be fools to not have this done. The issue is not selling shares, it is a what price. These guys have a plan and they know how to execute. As for selling the IP, SK was talking his typical jibber jabber (the right partner... compelling data etc) on the 9-11-17 cc and Lias was on that call. The Ronin settlement whereby the old BOD resigned including SK was announced 11-28-17. My guess is the new marching orders were given w/ respect to divestiture of the IP.... no more pole position, retain US rights BS and the baggage SK et al brought with any negotiations.... And SK resigned 12-22-17 so he is out of the way... maybe he shows up later and who cares... the ball is in play...

As for Birge IP, my source says the better for the PS world which helps PPHM IP... and his stuff is preclinical and the industry is still is kicking the tires on PS in general...

In the meantime tax law was passed so BP is on the hunt.... I confirmed with another source multiple parties have been engaged... how engaged or where it leads is anybody's guess...

We know for sure there is a deal to be made on the Tustin side...