Avid Bioservices Inc (CDMO)

[realist1]

RE "“Seeking to monetize the R&D assets.”
“There is some residual value we believe.”
“We hope to have news on that front very soon.”
“Obviously that means potential upside for shareholders over the short term.” "

It's CEO-speak. They're all slick salesman, that's their JOB!
Better focus on the KEY word of each sentence:
1. seeking.
2. we believe.
3. hope.
4. potential.

Here's my sentence. I'm an SEEKING investments in my widget company because I BELIEVE that there is HOPE of large POTENTIAL for this market.

You guessed it. Complete BS.

Remember SK's statements like:
"interested parties"
"soon"
There's a long list.

Paying attention to their words can be hazardous to your financial health. Best look at the FACTS and the ACTIONS.