Avid Bioservices Inc (CDMO)

[jakedogman1]

if it's a competitive process, I have no problem with it..

I also think Mr. White has a lot of explaining to do given he welcomed feedback in their solicitation to shareholders per the invitation to "call me w/ questions" on the Ronin letters. The assurances he gave as to how they would handle the divestiture of the IP was an inducement for shareholders to vote for their plan...

The other option to consider would be to "donate" the IP back to UT system (or an MSK and MSK finds a sponsor where we might get something down the road) for tax purposes if all we are getting is a breadcrumb deal... way out of my league on this one but worth a try..

I once negotiated a building sale along w/ donation for a Habitat for Humanity building... we had a matching grant in cash for the value of the building and everybody won including the seller where the tax liability was offset by the "donation" below fair market value... and the owner was elated to help such a cause..