Avid Bioservices Inc (CDMO)

[jakedogman1]

yes... and the "soft" 2nd qtr could change quite easily with a milestone payment.... given the timing of merck trial start of sept 23 date and 30 day milestone payment timing, will the milestone come qtr 2 or will they move it to qtr 3? Even a $2 mil milestone is equivalent to $10 mil in rev from manuf using a 20% margin... Don't know what the milestone would be but we know $95 mil in total milestones... it should have an impact...

Shareholders at the ASM should press mgmt on the IP updates... mgmt seemed to have buried the IP as if has no impact on the value of AVID... just disclose the facts and relationship, particularly when Merck has three phase 2 trials going on with bavi.... they must be seeing something...