Avid Bioservices Inc (CDMO)

[EndoTarget]

I don't care anymore...

Astronomical or not.

Right now, we stand at 7.32 and a 410M market cap.

The last II holdings is 26.88% and should increase from Q to Q.

Insiders bought 144,445 shares at 2.25 last february...

Large investors are in for I don't know how many % .

RESULT: The FLOAT is DRYING. SP movement will be bigger.

ALSO, the BOD wants to reduce from 500,000,000 to 150,000,000 the authorized share number.

VERY POSITIVE. A lot less dilution... At a 20% discount, 10,000,000 shares gives 50,000,000$ after commission.

We are heading ----->10-12$ then 20$.

Just think what are the conditions to get to a 1.5B market cap...

CDMO is a very dull business BUT the right execution and the right plan will provide Very Good numbers...

The mabufacturing part of PPHM was a clever move cannot understand why the former management did not develop it accordingly.

Now CDMO will expand throught organic and M&A. If they well play their card, we may see large numbers... Do not exclude a 5B market cap in 3-4 years...

ET