Avid Bioservices Inc (CDMO)

[westjtter]

Well I for one have no idea which way this tree is going to fall....I still say we are riding the fence here...a good financial picture and report take us to $7---and $7 takes us to $10---$10 takes us to a buyout within a couple of years and with current premiums...should take us to $20 to $25.

Now that is the optimistic view....if we really are in the no change and still working on expansion options, with nothing firm on that front, and revenue projections unchanged...well we are heading back into the low $5 range, and I would then consider this investment as dead money for the time being...the company being solid, but bottom line is that it is still too early to crack the bubbly!

We have a powerful and talented board, and I keep thinking that they are not here for the $50,000 per year as most could do much better serving on other boards...not to mention the liability that goes with a Board appointment.

So yes I am optimistic we will break out....just not sure when...I was hoping this quarter, but we have all had our hopes dashed before...lets see what we get!

Now we may have a third option...lots of enthusiasm, no change of revenue projection for this year, but an optimistic viewpoint or call it calculated speculation from management that we are close to nailing some big contracts(assuming FDA approval coming on certain applications--ie disclaimers) leading to expansion and a break out in our share price. That would put us firmly in the $6 plus range.

So which one of these three scenarios will it be?