Avid Bioservices Inc (CDMO)

[westjtter]

Look I am as long as anybody, and have been a CDMO supporter for a very long time....having said all of this, I am really expecting some very good numbers and a very positive CC.

If that is not the case(which I hope not) than somebody knows something that we do not, which means that somebody in Tustin is talking to somebody from the investment community.....and we all know that our current management does not share any more information than they have to, which means that there are indications going out to some party or parties??

Now I do not think this is the case, and I believe we will all feel better after the CC. What I do fear, or what does worry me, is that we have a very so so, same old, same old call, meet our revenue projections, but caution on future revenues due to uncertainty caused by Corona virus.

While I worry about this, I don't worry enough to sell....the reality is, that being a North American supplier of biologics, if anything, we should be a huge beneficiary of these Asian supply chain disruptions, and I am hoping that our management team will bring that up at the CC, and emphasize the positives of being in our current position.

I still believe it is too early to be bought out and there should not be any pressure on the company since we are not being pressured by any banks or outstanding financing. The only debt we owe, is the debt we owe to our preferred shareholders, and the preferred price is hanging in there very well. In my opinion it is the preferred that would show some weakness if there was something wrong under the hood at CDMO.

So lets wait and find out....if management disappoints today, I will be more than a little disappointed....they have had enough time, they have a solid board and solid personnel in management....time to show us what they have! Let me say it again...they have the right products, and are in the right place at the right time...now it is all about execution!

Fingers crossed.