Avid Bioservices Inc (CDMO)

[westjtter]

We basically have a Lias play going on here....have these new contracts been firmed up or are they taking longer than anticipated? He will only announce or declare to the public when things are totally solid...unlike our previous group.

I keep telling myself that he took his previous company from $16 mil to $120 mil in revenues, so he knows what he is doing and has an excellent reputation.

From the shareholders perspective, if another financing is required for expansion, I would hope he would first announce the contracts and the reasons for the expansion, to allow him to do a financing at a much higher share price.

Although the shares are trading like a funding is coming soon(yuk), I don't understand why the company would need funds at this point? They have to be close to a break even or even turning a profit here soon and like I said, why not announce the contracts first and the fund raising for expansion after to take advantage of a higher share price.

Other than that nothing has changed....this thing will move when contracts and expansion announced....still expect something in the next two weeks but if it takes longer, than so be it. Nothing we can do about it.