Avid Bioservices Inc (CDMO)

[Protector]

Ronin Capital a CDMO disruptor or benefactor

Now that that piggy has been washed I'll post once and only once about it.

You all remember my posts at the time and probably the post in which (for the exception of S. King that I added to the list) I gave you guys the exact new BoD composition way before the vote.

I, and that is PERSONAL, was convinced that PPHM was in some way at purpose handicapped to get Bavi to the market. I also said that IMO the labeling error wasn't a labeling error. It delayed our PIII just sufficiently for Keytruda and Yervoy to advance and change the SOC during our trial. PIII would NOT have gone through with Garnick and some explanation that say that the old BoD did a PIII anyway, believe me, are wrong. While maybe old BoD could have opportunistically talk into it, Garnick COULD NOT! Yet his name was on the trial.

Knocked in de cords at that point of weakness (after PIII) was the moment to take PPHM and everything that is now with OncXerna. Everything we have seen, IMO, with Ronin and a few others, was aimed to rail the IP elsewhere and use the CDMO business as a smoke screen to keep retailers happy. But, they didn't get the BoD they needed to execute it. There was a hair in the butter that they didn't see coming. Good for us, because now CDMO will get parts of the profit from OncXerna and Benjamin can be trusted with our PPHM Science legacy.

Ronin Capital's shop is closed. Without the regulatory licenses needed to trade you are NOWHERE in this business :) Capone went down on IRS charges.

And remember, there is ALWAYS a bigger fish!