Avid Bioservices Inc (CDMO)

[westjtter]

Heh, like $100 mil in new business for the 3rd quarter???

Yes agreed, that would send the share price flying, but for the parties behind the convertible loan to actually convert to shares would be down the road a ways(as in the $30 range) and would IMO be a huge confidence booster to the entire market. For one thing, we would at that point be back in the S&P 600 or again qualify for it which would bring a lot of buying in from most of the same companies that sold us off when we were demoted out.

Yes there would be some dilution, but the selling(if they chose to sell immediately after conversion) could easily be absorbed by all of the new buying!! I think this would be the thing to really put us into the big leagues and open all kinds of new expansion/merger possibilities!

If this share price gets high enough to cause this conversion, we will all be huge winners! At the very least, it would be an easy exit point for those wanting and waiting to get out!!!