Avid Bioservices Inc (CDMO)

[westjtter]

I just want to reiterate again that we should be totally benefitting from this pandemic as we manufacture what people NEED, not necessarily what they would like to have. We are an essential service and so therefore have continued full scale production(in theory) this entire time, and there is more demand than supply for what we do.

Of course this assumes that Tustin has finally gotten a handle on running Avid after stumbling along for the past 3 years.

On the bright side, the $4 million government loan(which I am going to assume they have fully and legally qualified for) is going to give them some additional flexibility and perhaps allow them to use some of their free cash flow(which they should be getting in droves?) for modernizing and expansion purposes.

With any other company I would say it is almost a no lose situation(a slam dunk if you will) as we/they should be getting record revenues and record margins, but of course we/they are TCLN/PEREGRINE/AVID!

So yes, even if the market does not see it yet, I am expecting a very good CC with beats on revenues, news on expansion, and a clear path to profitability!

No I am not being optimistic, I am being realistic and that being said, I will not put any more money into this stock until we see things turn around. Furthermore if the CC is again disappointing which I cannot imagine, I will then finally and completing be divesting myself of this company.