Avid Bioservices Inc (CDMO)

[jakedogman1]

Would love to see $10 mil raised to start expansion…. Milestones over the year should cover some as well… You can’t sell capacity you don’t have… expect contract announcements in conjunction with expansion or why need to expand? … and shakeout retail… they are not building expansion if the biz ain't there..

$30 mil in construction gets $100 mil capacity and at 5 to 6 times sales (or higher) translates $500 to $600 mil value.... duh... just keep dilution as low as possible... and margins will improve with higher revs over lower avg fixed costs and G&A... these guys are running a biz and taking no prisoners...

And customers are locking in suppliers for long term relationships... go big or go home...