Avid Bioservices Inc (CDMO)

[jakedogman1]

agree... the previous ISS score for PPHM was 10 (worst a company could get) based on BOD composition, independence, compensation. Along with the poison pill was the golden parachute issue. The old BOD and mgmt thought they were the untouchables. Even the settlement in DE court allowed them to keep the BOD like it was until bavi approval (which was years away). BTW I submitted a response to the court which was referenced by the judge.

The damage by the old BOD by not expanding the BOD really hurt the advancement of the IP imo.

My concern now is the new BOD has no mention of the IP assets on the website. Granted the IP needs further development but I believe the asset or rights to the $95 mil in development milestones and mid teen royalties are material to the company's value.

IMO mgmt needs to be pressured into disclosing the relationship on the website. Several folks have tried with very lame responses. (or no response at all)

For some reason mgmt is not representing the complete picture of the companies potential value. Why?