Avid Bioservices Inc (CDMO)

[bfiest]

“geo, actually Dr. Lias has harmed our shareholders interest by disclosing negative information out of negotiations and as such signalling possible other candidates that they can come in for the taking.

He is personally liable for that IMO. “

It is quite a normal approach here in the US for companies to under promise in the hope to over deliver. Although I admit he did over do it. Harming shareholders with this approach is a stretch. Shareholders are harmed much more by over zealous statements. Such an approach has no bearing on any negotiations that may exist. It’s a whole other game behind closed doors. As long as they are negotiating in good faith — that is all that matters.

Personally I am only concerned by the process, or lack there of, at this point. There should be a competent, independent agency determining the value of the science. I don’t like using the good ole boy network for such an important process. Have not connected with SW. Will continue trying.