Avid Bioservices Inc (CDMO)

[bfiest]

I’m a shareholder too. I don’t like how things have played out and speculating on what they could have done to protect the share price is a futile effort in my opinion. Just looking at how they framed this expansion it is quite possible that any potential promissory notes occurred prior to this entire scenario playing out as it did. They were committed already and had no choice but to follow through.

Everyone was fooled by inflation including a lot of top economists that expected inflation to be very short lived.

Sh__ happens. The most important question they should be asking is, What’s Important Now? The fact that they won later stage business in the first quarter tells me that is the question they are asking. They are following the money winning later stage business that, in such a sticky environment, has to be applauded. Agree with a prior poster that indicated that later stage pipeline business is more valuable than start up business because of what it can lead to. Not easy to win business from other CDMO’s unless there were capacity constraints.

As far as their salaries let’s see how things develop. I agree wholeheartedly that they must worthy of such rewards. I just want to give them a bit more time. I believe we will be okay in the end. I’m still a believer!